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Georgia-Pacific CMO Laura Knebusch on staying nimble as a CPG behemoth

Modern Retail Podcast · with Laura Knebusch · August 24, 2023 · 33 min

Summary

Even CPG giants like Georgia-Pacific, with ubiquitous brands like Brawny and Dixie, must embrace an experimental mindset to thrive. CMO Laura Knebusch reveals how they're navigating the rapidly changing retail and e-commerce landscape, focusing on continuous testing and learning in new channels like online grocery to delight consumers and maintain relevance.

Key takeaways

Themes

retail & omnichannelbrand & contentanalytics & attributiondtc strategy

Topics covered

cpg marketinge-commerce experimentationonline grocery platformsretail media networksmarketing measurementconsumer experience

Episode description

Georgia-Pacific is a company most everyone in the U.S. has interacted with. It's a paper conglomerate behind some of the biggest names, such as Brawny and Dixie. But even though the products are ubiquitous, when is the last time a shopper has really thought about such a brand? This conundrum is what Laura Knebusch thinks about every day. Knebusch is the CMO of Georgia-Pacific, and is in charge of all consumer-facing marketing and customer experience endeavors. It's a tall order for a parent company that has brands in most mass retailers, small retailers as well as online. "We have to be thinking about how we are delighting consumers with the experience they have with our brands every time they are interacting with us," Knebusch said. She joined the Modern Retail Podcast this week and spoke about how she approaches marketing such a behemoth. One major facet of Knebusch's marketing philosophy is to always be testing out new channels and ways to reach customers. "We do have a focus on experimentation," she said. "It's not a set, we're going to do this many [experiments]. But, each year, we want to make sure that we are carving out a certain amount of investment so that we can experiment and learn and not just invest in the things that are tried and true. With the world changing so much, that's absolutely critical." One thing that's no longer an experiment, though, is online grocery. According to Knebusch platforms like Instacart grew thanks to the pandemic and are more or less here to stay. That being said, they are still in their infancy. E-commerce, she said, "is an area where we are testing and learning and experimenting because it's changing so much. And we are seeing capabilities develop really quickly. So it has to be kind of an experimental mindset." And many of the ad offerings on those platforms have yet to mature. "I think measurement is still a really big opportunity in this area," she said. "Companies like Instacart are putting a lot of focus in this area a

Frequently asked about this episode

What does this episode say about retail & omnichannel?
Actively carve out investment for experimentation annually, rather than solely relying on 'tried and true' marketing strategies.
What does this episode say about brand & content?
Treat new channels like online grocery and associated ad platforms with an 'experimental mindset' due to their rapid evolution and immature measurement capabilities.
What does this episode say about analytics & attribution?
Focus on understanding and enhancing the overall consumer experience across all touchpoints, from mass retail to online, to build lasting brand delight.
What does this episode say about dtc strategy?
Recognize that while ubiquitous, even established brands require continuous innovation in marketing and customer engagement to stay top-of-mind for consumers.

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