Friday, January 30, 2009
Shopper marketing continually evolving
He made this very insightful observation:
For shoppers, it does not have to be about always finding the lowest possible price. It’s also about finding out what’s new, exciting and fun on one’s own terms. It’s not about plopping a kiosk in the corner or hanging a digital sign overhead and calling that “integration.” It’s about delivering in the store on the things people love about going online.
Thursday, January 29, 2009
Kraft's iPhone App Draws Shoppers
"When we look at consumers, we think that they're busy and they're looking for food-planning tools that can make their lives easier," Ed Kaczmarek, director-innovation, new services at Kraft, told Advertising Age. "We developed iFood Assistant as a downloadable app so they can use it anytime and anywhere."
Have you tried this app? We'd like to hear your experiences.
Wednesday, January 28, 2009
Segregated shopping in neighborhoods
An example is provided in the post about a shopping experience in Queens, New York.
If you were to take the 7 subway line to the 74th Street stop in Queens, you might think you were in "a South Asian neighborhood. There are shops selling saris and Indian jewelry ... Yet nearby flats are mostly occupied by immigrants from Central America. The shops are patronized by South Asians who travel into the neighborhood."
Tuesday, January 27, 2009
The mind of the American grocery shopper revealed
There's also a strong turn towards living a green life:
- 70% of consumers are motivated to buy products that are better for the environment, but only 40% are willing to pay more for those products.Publish Post
- 75% of consumers believe that some companies are exploiting environmentally friendly claims for marketing purposes.
- 58% of shoppers consider it important for a new product they purchase to be "natural."
- 78% of shoppers believe that manufacturers have a long way to go to reduce the amount of packaging.
Understanding the Pet Owner Mindset
Catering to the whims and habits of a pet owner is less about understanding their demographics than their mindset, because it's the relationships with their pet that mainly drives their purchase behavior. One indication of the intensity of the relationship between pets and their owners can be seen in the results of an October 2008 survey by Consumer Reports that studied consumer intentions for the holiday gift giving season. The majority of respondents (59 percent) said they would be cutting back on gift giving in 2008. However, among those, only 23 percent indicated they'd be reducing gift spending on their pets.
When creating an atmosphere for pet owners, remember that many owners see pets as members of their families--for some they even replace children. The bonds between a pet owner and their pet are solid and grocery stores and other retailers should realize this to maximize the customer experience.
Read more about creating a pet owner shopping experience here.
Monday, January 26, 2009
Deloitte Says Retailers Must Invest or Close Up Shop
Thursday, January 22, 2009
Consumers Opt for Quality Time with Loved Ones Over Traditional Gifts This Valentine’s Day
According to the National Retail Federation, we'll see a dip this year in Valentine's Day spending. This isn't too surprising as the economy has weighed heavy on customers.
Traditional gifts, such as candy, flowers and jewelry will see a slight decrease in popularity this year with more consumers preferring gifts of experience and gift cards. Almost half (48.2%) of all consumers plan to celebrate Valentine’s Day with a special night out, compared to 45.3 percent last year, and 12.3 percent will give a gift card, compared to 11.3 percent last year. Greeting cards still remain the most popular choice, though the number of people planning to purchase one is down from last year (56.8% vs. 62.8% last year). Nearly 48.0 percent of consumers will buy candy, 35.9 will buy flowers and 11.8 percent will buy clothing.
How will your company cope with this change in consumer spending?