Discover the secrets of persuasion and how it shapes consumer behaviour, fuels business growth, and sharpens marketing skills. Join Laura Halliday, Adam Rowles and Simon Garnett from The Forge in each episode as they chat with marketers, business leaders and beyond to learn how they use persuasion to influence their consumers, convince their stakeholders and drive their businesses forward. Learn the tactics, stories, and strategies that will help you become a more effective marketer and business leader.
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Discover the secrets of persuasion and how it shapes consumer behaviour, fuels business growth, and sharpens marketing skills. Join Laura Halliday, Adam Rowles and Simon Garnett from The Forge in each episode as they chat with marketers, business leaders and beyond to learn how they use persuasion to influence their consumers, convince their stakeholders and drive their businesses forward. Learn the tactics, stories, and strategies that will help you become a more effective marketer and business leader.
Winning in a declining category, with Grant McKenzie, Ex-CMO, Asahi
The Persuasion Game
28 minutes
4 months ago
Winning in a declining category, with Grant McKenzie, Ex-CMO, Asahi
Operating in a declining category can often feel difficult - where’s the opportunity? What’s the point of investing in a market that’s declining?
But for Grant McKenzie, former-CMO of Asahi, it’s exactly because a category is declining, that brands should be excited.
His view: “It might be easier to make money in a declining market than it is in a growing one.”
Grant has a huge amount of experience working in declining categories, most notably beer, turning brands from regular players to category leaders - and making big profits along the way.
In this episode of The Persuasion Game podcast, he shares his experiences about the different levers marketers can pull to grow in a category that’s in decline.
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This is an 18Sixty production for The Forge.
CHAPTERS:
(00:00) Introduction
(02:51) Strategies for growth in declining categories
(04:08) How Grant tripled beer sales
(05:54) Look for the people who’ve given up
(19:52) Innovation and Long-Term Strategies
(22:05) Private labels
The Persuasion Game
Discover the secrets of persuasion and how it shapes consumer behaviour, fuels business growth, and sharpens marketing skills. Join Laura Halliday, Adam Rowles and Simon Garnett from The Forge in each episode as they chat with marketers, business leaders and beyond to learn how they use persuasion to influence their consumers, convince their stakeholders and drive their businesses forward. Learn the tactics, stories, and strategies that will help you become a more effective marketer and business leader.
