Product of the Year is the world’s largest consumer-voted award for product innovation. Established 26 years ago in France, POY currently operates in 37 countries with the same purpose: Guide consumers to the best products & services in their market and reward manufacturers for quality and innovation.
In Malaysia, the Product of the Year seal is backed by the votes of more than 2,000 households, serving as a shortcut for shoppers in the supermarket, saving them time and money. For manufacturers of the winning products & services, the award is a powerful marketing message proven to increase product trial, awareness, distribution and sales.
Product of the Year accepts entries from consumer packaged goods that demonstrate innovation and were launched within the previous year. Entered products & services are then placed into specific categories such as food, beverages, personal care, household care, etc. with a product then being chosen as a winner in its category through a nationally representative online and face-to-face survey conducted by The Nielsen Company.
Winning products & services are announced in July each year and receive the right to use the POY seal in marketing communications for the subsequent one year.