Ideation and Product Development Redefined
Unlike traditional CMO’s we spend significant resources uncovering high-potential ideas, technology platforms, formulations and white space opportunities made available exclusively for our Marketing Partners.
As a company, thirty percent of our available development time is dedicated to researching SPECULATIVE novel new ideas, formulas and products.
In our Innovation Lab, we generate a large pool of targeted ideas, technology platforms and project initiatives designed to accelerate ideation and expedite development to provide a virtual supply to your product development pipeline.
As ideas mature into products, they are there for you to sell, patent, in-license and market. Because market success of our Partners is paramount to the Formulated Solutions business model you retain full rights to the finished product and can be assured that we don’t market any of our own products or directly market to any store brands.
2014 was a record year for Formulated Solutions and we entered into 5 Joint Development Agreements (JDA’s) with our Marketing Partners and have been actively pursuing with our Partners both Patented Intellectual Property Protections as well as “First to Market” advantage opportunities.
We know that agility, speed to market and quality are essential to your success. At Formulated, we have demonstrated our ability to provide depth to your product development plans and expand your brand utilizing our Innovation Lab. With our proven research and ideation process, as well as our catalogue of existing product concepts, we collaborate to improve existing formulations or develop completely new extensions to your product line that will grow your business.
Filled With Innovation
For us, R&D isn’t a separate service or secondary activity.
Innovation for us is cultural and occurs at every stage of our product development, manufacturing processes and general business philosophy. From reformulation to exploring related products, innovative packaging ideas to efficient materials sourcing, our dedication to research and ideation delivers verifiable value to each of our client partners.