To innovate means to make changes to something.
(Merriam Webster, n.d.)
That said, making innovations on your product or service can help pique interest from the consumers you believe will benefit from it.
Make it the smallest or the biggest in the category
Make it the “super” product by amplifying the major content
Make ordering/buying easier (one-button order)
Turn it into a digital experience
Change the form of the product (Spread olive oil, spray olive oil, regular olive oil, liquid, gas)
Make it more retro or more modern
Make it simpler (fewer functions) or more versatile (more functions)
Make the package stand out (different from all others in the category)
Make the POP stand out (different from all others in the category)
Make it assemble-at-home, sold as separate pieces, sold as a set or main product and flavor separately
Turn it into a product set
Personalize it for each user (e.g. Nike shoes)
Un-package it (e.g. Beer sold at stadiums)
Turn it into a unique experience
Change color of the product/package
Change the shape of the product/package
Make it out of different material (wood, plastic, metal, etc.)
Provide free entertainment or free information
Start own media channel
Generate free PR (Guinness records, sensational events, promotions, unique products)
Declare a brand day or a category day
Introduce a new ritual or new habit
Use the authority appeal: Get an expert endorsement/award/seal
Create a brand community (forum/blog) or sponsor a community
Educate consumers on how to better use the product
Name products after a celebrity, known designer, expert etc.
Give customers things that don’t cost much (e.g. free refill, free consultancy, free
transportation, free recipes, free support, free app, etc.)
Use package to feature common names, jokes, quotes, historical figures, groups and interests (e.g. Coke name campaign)
Sample it for free or creatively demonstrate
Use gamification (e.g. Doritos super spicy Russian roulette)
Make users share it or show it (consumers wear a sticker)
Use the scarcity appeal (limited edition, etc.)
Influential Marketing
Use influencers
Cause marketing
Tie it to social good
Ambush marketing
Take advantage of a big event
Viral/buzz marketing
Only focus on creating buzz
Database marketing
Buy database or use big data
Co-op marketing
Collaborate with suppliers, distributors, others
A.K.A. Affinity marketing, affiliate marketing
Diverse marketing
Gays
Pet owners
Disabled
Religious
Minorities
Tourists
Guerilla marketing
Flash mobs
Renting performers, etc.
SEO marketing
Focus on online searches only
Outbound marketing
Cold calls
Telemarketing
Disruptive marketing
Use emerging new technologies for marketing purposes
License Marketing
License
Disney
Kitty, etc.
Be licensed
Sell your rights
Cross-marketing
Bundle it with similar or dissimilar products
Campus marketing
Targeting students
Brand ambassadors
Full market-coverage marketing
Filling market areas by making expensive or very cheap products
Direct marketing
Directly contact with customers
Know their address or name)
Use sales-reps, brochures to sell
No mass advertising
Crowd-marketing (crowdsource everything)
Use the subscription model
Use weekly/monthly/annual subscription fees
The eco-system model
Increase consumer touch points
Apple
Rakuten Finance
The marketplace model
Instead of selling ice-cream, create a platform allowing people to sell their own ice-cream
The sharing economy model
Instead of selling, rent/lease or share as a company
The razor & blade model or the opposite
Juicero
Use the SaaS model.
Provide services as websites
Use on-demand customized production model
Use pay as you go model
Use the freemium model
Free for basic service, charge for advance services
Online-offline mixed model
Online or online and brick-and-mortar mixed
The membership model
People need to be a member to use
The network marketing model
Users become sellers or users become promoters
Service are products model
Turn services into products, products into services