EMPOWERING OUR CONSUMERS WITH ‘BEST IN CLASS’ PRODUCTS

Purpose-driven value creation leads to Goody's continuous growth in a tough retail market

12 Nov 2018
Purpose-driven value creation leads to Goody's continuous growth in a tough retail market

At a time where loyalty has gone frugal and the average shifter base has increased multi-fold (15% +). The only way to break through in a fast commoditizing market is to consistently create more real value that is beyond discount sell.

This is exactly what Goody has done today across its multiple categories. With the rise of Tier 3, the only way forward is to take the battle outside the regular fight for a share of the pie.

Here is where I take great pride in leading my dynamic Goody marketing team.  A team that has understood this challenge well and has reacted strongly, enabling us to turn the game around.

On that, over the last six months Goody has created enormous momentum in the market. The focus has been to relentlessly grow and create value added share pillars behind both commercial and product innovation drives.

In the process we are slowly but surely alleviating ourselves more and more from the unwanted pressure of waging non-sustainable promotion wars in the market.

With a sharp focus on delivering our brand’s purpose, “to empower Mom in her daily quest to amaze,” we’ve continued to successfully connect, understand and resolve the unmet needs of mothers.

Consequently every commercial or product innovation that we’ve brought to life has allowed us to enter new untapped consumer spaces where mothers are looking for solutions.

Our Special Pasta and Burger sauce campaigns equipped moms with the products and tools to create restaurant-like experiences at home. As a result, both the Pasta and Condiments categories have gradually regained share momentum.

In the Tuna category, despite the fact that tier 3 has risen significantly. Goody was still able to achieve record share levels. Here again our unique Tuna made especially for sandwiches helped us progress via a unique share pillar gain.

In Spreads, we implemented a combination of both commercial & product innovation.

As a result, the start of BTS - Q1 saw Goody Peanut Butter launch an active movement for kids. The idea of “More PB Energy, More fun” has been driven by a freshly-crafted new animated series called “Adventures of Burq and Bana”.The movement sides with moms and aims to educate and encourage kids to live an active lifestyle.

Finally, the crown jewel of Goody’s recent innovations in KSA was the launch of our Goody Date Spread, through which an age-old tradition was launched in a new-age format.

Dates have now suddenly become spreadable! Something that was already great has now become even more relevant with the needs of modern times. Moms can now serve the goodness of dates in various forms. From the daily breakfast table to the simply irresistible date cakes, shakes and even ice cream; Goody Date Spread has reinvented the traditional goodness of dates and made it relevant to every modern household (https://www.youtube.com/watch?v=LQ7zDykUx_o).

Value creation is and will continue to be the cornerstone of success in this era. At Goody, we pride ourselves on not only understanding this well; but with our purpose as our guide, we will continue to live it every day with more amazement to come En sha Allah.

By Zia Faruqi

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Deema Kousa
Corporate Projects Manager

Although I joined Goody with extensive experience in Supply Planning compared to my previous employment, I was impressed with their continuous teachings and deep knowledge. During ...Read More Sharemy time here in the company, I have faced exciting challenges that introduced me to new roles and processes. It is very motivating to join a company early in its growth, that is considered to be one of the leaders in the market. What I like best about Goody is how you can witness the progress every year and how the company considers its employees in it development, as they aspire and reach recognition as the best in the region. Show Less Share