sip on this
Posted by Dale Buss on May 22, 2013 04:44 PM
It turns out that Americans haven't given up on soup afterall. Proof is in this week's quarterly snapshot by Campbell Soup, whose CEO deemed the company's US soup trade stabilized after a sales increase of 14 percent. From innovations in products such as Go Soup and a new CMO to new programs using digital marketing, this success bears the hallmarks of a number of recent turnaround efforts by the brand.
In fact, the increase was the fourth straight quarterly gain and the segment's largest increase in nearly five years. "We are confident that we can now drop the world 'stabilize' from our strategy," Campbell CEO Denise Morrison told analysts in a conference call, according to the Wall Street Journal. Morrison actually raised the company's outlook for the year.
Campbell's soup business had been down for two straight years. Morrison set to work as its new CEO last year to come up with more new products and to make some of the brand's existing soups taste better, while still trimming overall advertising. In this week's report, she said that each part of the soup business—condensed, ready-to-eat, and broths—notched double-digit sales gains during the period. Colder weather than a year ago also helped.Continue reading...
Posted by Dale Buss on May 20, 2013 09:17 AM
Yahoo agrees to buy Tumblr for $1.1 billion, but questions already arise about how new native ads will affect cachet.
Buick Motor Co. celebrates 110 years.
P&G launches major review of its advertising ROI.
Actavis acquires Warner Chilcott in $5 billion pharma deal.
Billabong sees brand value drop after failed buyout attempts.
Campbell Soup meets high earnings hopes.
Chrysler quality now rivals Toyota, exec claims.
DirecTV considers bid for Hulu.
Domino's debuts DVD that smells like pizza.
GM accelerates financial and operational streamlining, CFO says.
Google may allow branded apps for Glass.Continue reading...
Posted by Dale Buss on February 7, 2013 08:57 AM
ABC sells out ads for Oscars.
AOL is constantly innovating but toward what end remains unclear.
American Airlines and U.S. Airways move closer to merger as U.S. Airways rises to top of customer-loyalty survey.
Banana Republic hooks up with Match.com for Valentine's mixers.
Boeing prepares redesign of troubled Dreamliner batteries.
Campbell Soup enlists celebrity chef in heart-health campaign.
Chipotle plans mid-year price increase.Continue reading...
Posted by Dale Buss on December 5, 2012 09:05 AM
Disney and Netflix sign landmark agreement for the web streaming service.
GlaxoSmithKline begins assembling new global branding effort on its impact around the world.
Tesco bails out of Fresh & Easy venture in U.S.
AOL's Advertising.com group acquires Buysight.
Apple upgrades iTunes, secures USPTO patent for "retina."
Beer tax dispute heats up in Europe.
Blu Dot tests Twitter game of musical chairs.
BMW has US luxury auto sales crown in its sights.
Campbell Soup Company donates $500K to Salvation Army.
Citigroup announces 11,000 job cuts and $1B charge.Continue reading...
Posted by Dale Buss on November 20, 2012 09:01 AM
Hostess Brands gets a stay of execution as company and union agrees to mediation today.
Ikea gets green light in India.
GM launches Springo sub-brand in China.
BMW shows off speed with tire-track promotion.
Best Buy posts loss as store sales drop.
Billabong Americas head considers buyout bid for company.
Campbell Soup builds giant Pinterest board out of classic green-bean casserole.Continue reading...
chew on this
Posted by Dale Buss on October 18, 2012 12:47 PM
Two years ago, Bolthouse Farms excited childhood-obesity activists with an innovative marketing campaign to get more kids chomping on baby carrots with the tagline, "Eat 'Em Like Junk Food." The initiative helped Bolthouse Farms reignite its long-quiescent sales of baby carrots and presumably played a role in making the Bakersfield, Calif.-based company attractive enough to be acquired by the Campbell Soup Company earlier this year.
Now, Bolthouse has come up with a second act for its baby carrots marketing: Shakedowns, all-natural dry seasonings that coat baby carrots in a bag. Baby boomers might be reminded of the classic Shake N Bake Chicken that their moms used to, well, shake and bake, because they're the target for Shakedowns as much as their kids are.
"We were introducing [a focus group] to the 'junk food' campaign, and teenagers there were saying, 'Well, why don't you season [baby carrots] like Doritos?" Todd Putman, CMO for Bolthouse Farms, told brandchannel. "We thought, 'OK, how do we do that?' We went on a long innovation journey. But we immediately thought it was a great idea."Continue reading...
Posted by Dale Buss on September 19, 2012 09:07 AM
Adidas dumped by university over labor concerns.
American Airlines expects thousands of job cuts and faces rash of late, canceled flights..
Anschutz plans to sell its entertainment group, part-owner of Los Angeles Lakers, in AEG sale to include LA's Staples Center.
Barry Diller and Scott Rudin enter e-publishing of books.
Caesars to rebrand Imperial Palace as The Quad.
Campbell Soup Co. boosts digital marketing.
Canon slashes prices in India.
Coca-Cola heirs lose $37M in foreclosure crisis.Continue reading...
Posted by Dale Buss on August 2, 2012 09:00 AM
AIG pushes plan for independence from U.S. government.
Burger King says that menu and marketing changes have boosted bottom lilne.
Campbell Soup creates limited edition to help food bank.
Chick-fil-A supporters (and Wendy's) show up for "Appreciation Day."
Christina Aguillera lends her voice to a good cause.
Costco experiences strong U.S. sales.
Crocs celebrates milestone a little too exuberantly.
DirecTV sees U.S. subscribers decline for first time.Continue reading...