Phillip Morris product development is about understanding — and responding to —
adult smoker preferences. The process begins with focused market
research that results in a rigorous assessment of the challenges faced
by our brands and the most consumer-relevant solutions. This insight
then drives the development of innovative product concepts.
One such
concept addresses a growing adult smoker preference to personally adapt,
adjust or change the product when desired. In turn, this has translated
into the commercialization of a new hybrid product: a regular cigarette
that converts into a menthol product when the capsule within its filter
is crushed by the smoker.
The most innovative addition to our
portfolio in recent years, the hybrid concept was successfully
introduced for the first time in 2011 with the launch of Marlboro Beyond, highlighted later in this Report, in selected markets in our European Union Region, and L&M Forward in Finland and Poland. These brand variants now complement our existing menthol-to-menthol capsule brands, such as Marlboro Ice Blast, which are enjoying considerable success in Asia and Latin America.
Wednesday, June 13, 2012
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