In 2015, one of Britain’s biggest brands found itself in a slump of its own making. The numbers spoke for themselves: NPS scores were declining, profits were down, customers didn’t rate Tesco’s product quality, even though its products outperformed other brands in blind taste tests. Horsemeat and accounting scandals had hit brand trust. And although Tesco had a solid market share, competing retailers in the budget and premium grocery space were putting on the squeeze.
Big changes were needed – not just in marketing, but across the whole business.
“This was all-round company transformation, in which marketing played a role,”...