OAKBROOK TERRACE, Ill. -- For every seven new product ideas, about four enter development, 1.5 are launched and only one succeeds, according to a Booz Allen Hamilton study. The convenience-store industry acts as an incubator for many of these success stories, and for the 13th consecutive year, CSP magazine is calling for submissions for the 2016 edition of its Retailer Choice Best New Product Contest.
Between now and June 24, retailers and suppliers can submit their choices of best new product in 27 key categories within the c-store industry by visiting www.cspnet.com/2016bestnewproduct to fill out a form, or by listing the company name and product with the hashtag #CSPnpc2016 on Facebook, Instagram or Twitter.
Eligible submissions include products available in c-store formats between Aug. 1, 2015, and July 31, 2016. Products nominated should show innovation, uniqueness and groundbreaking advancement in a product or service category.
You may nominate as many products as you like; each nomination is free.
“In today’s retail landscape, there’s even more of an immediacy to new products,” said Abbey Lewis, editor in chief of Convenience Store Products magazine. “Manufacturers understand the cut-throat nature of product allocation within the c-store. As the leading authority in the convenience industry, we’ve heard suppliers say winning CSP’s Retailer Choice Best New Product Contest is considered as validation of their new-product efforts, that their new has arrived.”
Following the close of the nomination period, retailers operating in the channel will have a chance to vote on the top three finalists in each category. Finalists are chosen by a panel of CSP magazine’s editorial team.
Winners will be announced during the NACS Show, with an in-depth story in the Dec. 2016 issue of CSP magazine.
Click here to see the 2015 contest winners.
Oakbrook Terrace, Ill.-based Winsight LLC is a business-to-business media and information services company specializing in the convenience-store retailing, restaurant and noncommercial foodservice industries. Winsight has a media portfolio including four publications, CSP, Restaurant Business, FoodService Director and Convenience Store Products, a suite of digital products including websites, e-newsletters (Restaurant Business Daily and CSP Daily News) and webinars, plus video products, mobile and tablet apps, custom marketing solutions and the convenience-retailer intelligence tool, CSPedia. The Winsight Events group produces six exclusive, large-scale executive-level conferences—Restaurant Leadership Conference, FARE Conference, Outlook Leadership, Convenience Retailing University, FSTEC and MenuDirections—in addition to more than 12 major EduNetworking conferences and advisory meetings. Winsight recently acquired Technomic, Inc., a food industry provider of primary and secondary market information and advisory services.
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