The Diageo Futures team were seeking to understand how they could meaningfully act upon the growing trend of mass customization within the Johnnie Walker business and achieve mid-to-long-term commercial outcomes targeting £100m in net new business.
The Key Insight
To deliver this we partnered with the Diageo Futures team and explored the trend towards mass customization and why and how this was relevant for whisky consumers. We dove deeply into consumer types (from Traditional to Mainstream) and the evolving world of Status, as well as the assets and capabilities of Diageo in order to determine in what way, if any, a personalized whisky product could appeal on a large scale.
Because no other businesses had delivered a product like this before, we needed to test some of our key assumptions to refine our strategy and we led with several experiments to get confidence in the proposition.
Indiegogo Campaign: Launched crowdfunding campaigns at different price points to gauge optimal market pricing which helped us to identify specific price points, and realizable revenue potential, based on real consumer behavior.
Digital Pop-up: Built prototype digital experience and web shop to test consumer conversion rates which helped us settle on a direct to consumer model, rather than via online retailers, to maximize margin.
Prototype Design: Designed bottle, packaging and specific operating procedures to test operating model effectiveness which helped us to develop a full commercial case, based on revenue potential and full operating costs, to secure investment from the business.