How social media upended the 75-year-old playbook of big CPG
via fortune.com
Short excerpt below. Read at the original source.
For the better part of the last century, America’s largest consumer packaged goods companies ran an undefeated business playbook. All of the iconic consumer brands of our lifetimes—Coca-Cola, Lay’s, Cheerios, Oreos, and more–-were built on a simple, three-part formula. First, generate massive demand by placing huge national ad buys. Next, create ubiquity by stocking the […]