by Doug Hall | Jul 11, 2019 | Innovation News
Research finds that customers are 3 TIMES more likely to purchases when they LIKE the environment. At the University of British Columbia students were shown the advertisements for products. In one case there was music playing that the students enjoyed. In the other...
by Doug Hall | Jul 5, 2019 | Innovation News
Significant overall sales growth can be realized if: A) You cut your product line by as much at 50%.B) You expand your product line to service all customers. The correct answer is A, you cut your product line by as much as 50%. This has proved itself again and again...
by Doug Hall | May 2, 2019 | Innovation News
Years ago at Procter & Gamble my team and I were trying to sort out what to do after having just gotten some horrible product testing results. Tim Feely, who I believe was a Product Development Director at the time, stopped into the meeting and told...
by Doug Hall | Apr 25, 2019 | Innovation News
To create, communicate and commercialize an innovation requires lots of money. The money can come from your existing company, from outside investors or from your own savings. Note – when it’s from your own savings it’s not uncommon for that to not be fully...
by Doug Hall | Apr 18, 2019 | Innovation News
Using innovation to grow sales and profits is an accepted business concept. Actually taking action on innovations – especially big idea innovations – is scary for many. The Eureka! Ranch team has developed a new PROJECT P&L tool for helping innovators...
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