Looking Up - Price/Value through Innovation

In this article, J. Walker Smith suggests that recessions can be the best not the worst of times for innovative product launches.

Looking Up – Price/Value through Innovation

J.Walker SmithYankelovich MONITOR®

“Shaves Better Because It Bends.” So bragsthe Azor, a new men's razor launched by U.K. company King of Shaves as the recession was gathering steam in June 2008. It introduced an innovative shaving system that featured a flexible handle designed to follow the contours of a man's face more closely, thereby prolonging the usable life of the razor blades. Blades are expensive. By far, they constitute the largest part of the lifetime costs of any shaving system, and, so, by extending the usable life of individual blades, the...

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