Excerpted from the World Tea Expo presentation available here.
The Museum of Failure opened in Helsingborg Sweden this month, a monument to the world’s worst innovations.
Organizers there assembled a celebration of the absurd that documents hilarious commercial failures such as Colgate’s beef lasagna and Harley Davidson’s leather-perfume. Tech holds a special place in the gallery with Google Glass, the Apple Newton, SONY Betamax, and a digital Kodak camera on display along with the oddly shaped N-Gage, Nokia’s game-console smart phone shaped like a clam-shell taco.
Their slogan: Learning is the only way to turn failure into success.
Aerosol tea is my nominee.
Introduced last year in the U.K., the product claims it will eliminate the 370,000 metric tons of tea bags sent to landfills. Just spray the “No More Tea Bags” preservative-free concentrate into a mug, add hot water. Enjoy up to 20 cups with no soggy tea bags, no messy leaves. The erstwhile inventor is pictured in his basement filling environment-friendly cans with harmless-to-the-atmosphere gas. Well marketed, there was a bright flash of media attention… followed by a predictable backlash from those who saw the claims as greenwash. This was followed by a coup de grâce delivered by bloggers who hated the taste, waste, mouthfeel, color, odor, conveyance, and metallic aftertaste.
World consumption of tea has doubled to more than 5 billion kilos. Global growth has topped 60 percent in recent years. Consumers today spend more on quality tea. Young and old both embrace the artisan production and nuanced taste of tea while praising its healthful properties. Yet there are troubling signs the retail segment is in need of innovation.
- Consumption of artisan processed loose leaf tea is not accelerating in traditional retail channels – in fact it’s flat.
- The suburban malls where millions first sample fine tea are experiencing significant declines in foot traffic – the lifeblood of brick & mortar retailers.
- Chain expansion has stalled in the U.S. and Canada where DAVIDsTEA and Teavana are still experimenting to achieve sales per square foot and same-store sales increases commonly reported by coffee shops (many of which are profiting handsomely from selling tea).
- Make tea retail selections more traceable and provide authentic stories on sourcing
- Make stores into destinations, not sterile cookie-cutter outlets.
- Commit to sampling as studies show that sampling leads to sales.