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Nicholas Goodwin

πŸ‘€ Speaker
31 total appearances
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Voice samples: 1
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Appearances Over Time

Podcast Appearances

Sliced Bread
Toast - Izal Medicated Toilet Paper

If you stopped making a product they wanted, it affected badly on the company as a whole.

Sliced Bread
Toast - Izal Medicated Toilet Paper

So it was crucial to make sure your consumer was happy.

Sliced Bread
Toast - Izal Medicated Toilet Paper

And therefore, that's why the product stayed within the portfolio for many, many years.

Sliced Bread
Toast - Izal Medicated Toilet Paper

I mean, Jay's was losing money by that stage.

Sliced Bread
Toast - Izal Medicated Toilet Paper

It had a real challenge because Jay's made what we call own label, private label products and also branded products.

Sliced Bread
Toast - Izal Medicated Toilet Paper

And there's always a conflict between the two because they require different amounts of marketing money.

Sliced Bread
Toast - Izal Medicated Toilet Paper

They required different types of R&D and innovation and so on.

Sliced Bread
Toast - Izal Medicated Toilet Paper

So having those both side by side was very difficult.

Sliced Bread
Toast - Izal Medicated Toilet Paper

And therefore, we had to choose which area we were going for, but also meant selling off the non-profitable, what we'd call niche brands.

Sliced Bread
Toast - Izal Medicated Toilet Paper

And unfortunately, that's where Eisel came.

Sliced Bread
Toast - Izal Medicated Toilet Paper

So running down the sales production of that became a key part of us getting back into profit.

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