PMA A-NZ - Information Centre

Key marketing trends in 2018, by Renee Mariette (Harrison), Head of Marketing

Wednesday, 28 March 2018 | Posted in Marketing by Renee Mariette (Harrison)

More and more, marketing is being referred to as a science, in contrast to its former portrayal of marketing as an art. In this digitised world of modern marketing, we are continually refining our strategies by observing consumer patterns, building micro-targeted bio personas, improving messaging based on data insights and embracing ideas from scientific disciplines like psychology, sociology, neuroscience, economics and computer science.

Change is a fact of life in business today. One of the most sought-after management skills is the ability to forecast future trends and exploit the leaders advantage. In marketing, this is particularly true as the speed of change is dictated by customer expectations. To help you plan ahead, we have identified what we see as the top 5 marketing trends to consider in your 2018 strategy.

Content to Conversation
Content will be the number one top investment in 2018 so forward planning will be critical. The average person is exposed to up to 10,000 brand messages a day with only 7% of that being compelling enough to convert to a sale. With more companies investing heavily in content creation, competition to get your message heard will be fierce.

The biggest change we will see in 2018 is the focus shifting from content to conversation. Tools such as Chatbots, AI customer feedback analysis and data driven optimisation are helping marketers to get personal and cut through the online noise. It’s not enough to create interesting content anymore. The future is creating compelling conversations that connects customers to your brands story.

Data to actionable insights
Many companies struggle to make sense of their data or generate value from investments in research. In fact, only 29% of us are actually successful at converting rich analytics to action. All the data we collect means nothing if we cannot turn it into meaningful insights to support our decision making.

We are seeing a major mindset and budgetary shift in 2018 as more organisations employ services from analytical experts to guide them through this challenging landscape. To remain competitive, investment in analytical translation should be a priority.

Invest in Technology
The marketing technology landscape has grown to over 5,000 vendors in the last 12 months. From machine learning to marketing automation, technology can play a role in helping you be more effective, save time and gather greater consumer insights. However, there are a few things you should to consider before purchasing new technology:

  • Scale - Choose a platform you can grow into
  • Build for future - Consider your long-term organisational objectives
  • Features - Look for platforms tick most your boxes
  • Integration - A necessity to greatly improve marketing effectiveness
  • Easy - Look for something you can start quickly and is easy to understand
  • Cloud - Invest in cloud. Everything else will outdate
  • Hidden costs - Explore any hidden costs incurred when you scale

Bio Personas
Creating bio personas is a technique used to build fictional character profiles to represent groups of consumers. More and more marketers are creating bio-personas to develop clear pictures of who they are marketing to and how to deliver content that is most relevant to that particular audience.

Most marketers aren’t phycologists however we can use human profiling and social categorisation techniques to help us understand the emotional and behavioural triggers behind consumer’s buying habits. It can also be used as a tool to help us better engage with targeted consumers and solve communication challenges for our businesses. By employing this technique, we can personalise our messaging and deliver a greater user experience which can improve brand loyalty and conversion rates.

The future is CX!
Most businesses have already recognised the need to improve customer experiences (CX), to increase revenue growth.

The new frontier of CX is creating purposeful experiences that build a sense of pride by aligning company values to the customers core principals. As a result, it’s likely that more businesses will look to develop a stronger customer-centric culture.

CX will be an ongoing investment in 2018 and beyond so it’s important to carefully track the customer’s sentiment and measure return on investment. To quantify a CX investment in an organisation, apply a multi-layered approach to measurement metrics through NPS (Net Promoter Score), CSAT (Customer Satisfaction Score) and CES (Customer Effort Score).

Special Report: Building Blocks of Food Safety

Tuesday, 14 November 2017 | Posted in Food Safety/Traceability by Renee Harrison

Food safety is one of the chief concerns of all who work in the produce industry. When companies build or revise their food safety programs, they often ask, “Where do I start?” “What are the key elements needed for a comprehensive program?” “What food safety risks should I focus on?” To help answer these questions, Produce Marketing Association enlisted the help of noted produce safety expert, Dr. Devon Zagory, to write about the foundational elements of a food safety program. Any successful food safety program has to be built on solid practices in sanitation, training, maintenance, supplier verification, environmental monitoring, and operating procedures. With all of the food safety requirements coming from regulatory bodies, buyers, consumers, advocacy groups and others, it may be appropriate to call a time out to reconsider what the basic building blocks of a robust food safety program should be.

Download Devon Zagory's full report for five basic steps to achieve a food safety program.

Find out more

Access additional resources on Food Safety and Traceability via the PMA A-NZ Information Centre.

Webinar: Strategic Marketing for Produce and Floral

Thursday, 12 October 2017 | Posted in Marketing by Renee Harrison

What is marketing? We are all familiar with the term, but what does it really mean? In this webinar, we will begin to better define marketing and how it presents itself in our industry. PMA’s CMO, Lauren M. Scott, will define what marketing can be in the produce and floral industries, review the different facets of the function and share how you can start to use strategic marketing to grow your business.

Access the webinar

This webinar is available to members only via pma.com

Find out more

Access additional resources on Marketing via the PMA A-NZ Information Centre.

The Sustainability Tug-Of-War

Thursday, 5 October 2017 | Posted in Industry Issues by Renee Harrison

There is a significant challenge ahead for fresh produce businesses to balance consumer demand for convenience with growing concern for environmental issues. Consumers want top quality products, convenient pre-prepared options and safe, healthy produce bursting with flavour. At the same time, consumers want companies to focus on sustainability, for example preventing food waste or using reusable or biodegradable packaging.

Cut, washed and pre-prepared packaged fresh produce is firmly established as a popular option for consumers. Not only is it convenient, but also extends shelf life and protects the product. However, as demand for environmentally-friendly packaging grows, the challenge will be to find economically viable and sustainable solutions.

Innovations in packaging have a clear potential to reduce food waste but consumers are generally sceptical about packaging in the fresh category. Food packaging is so ingrained in our everyday lives that it's hard to imagine life without it. The issue is that a substantial amount of food packaging is not reused or recycled making it a liability to our environment. As a result, there is a significant amount of research going into developing eco-friendly alternatives however the higher price tag on these options is often a deterrent for businesses.

One of the simplest of solutions is to sell loose produce and reusable bags however branded packaging plays an important role in expanding a company’s visibility. It allows businesses to innovate and increase the value of their products. Branded packaging also plays a significant role in consumer education whether that be by communicating the nutritional benefits of a product or offering serving suggestions. Brand owners also have an opportunity to educate the consumer by explaining the positive impacts of packaging on reducing food waste and extending shelf life. In this case, branding can help to shift the perception that some packaging is unnecessary and wasteful.

Fresh produce packaging is here to stay, at least for now. There is a role for packaging to play in delivering usable and convenient fresh produce to consumers, with improved quality, freshness and longer shelf-life while reducing waste and increasing consumption. The demand for businesses to reduce environmentally unfriendly packaging is a complicated economical proposition yet consumers are pushing for businesses to invest in environmentally sustainable initiatives. As more research and development into practical alternatives continues, it’s clear that the future doesn’t need to be a tug-of-war between sustainability and business bottom line. Sustainability doesn’t have to be a cost of doing business; it can be a catalyst for innovation, open new markets, and lead to financial success. Which leaves the questions; what are you doing to tap into this opportunity?
 

How Consumer Trends in Grocery Shopping are Changing Retail

Wednesday, 6 September 2017 | Posted in Industry/Consumer Trends by Renee Harrison

For decades, shoppers were loyal to a single store that would fulfill all of their food and beverage needs. Today, they’re far more likely to embrace a variety of retail locations and formats to ensure they get exactly what they want, when they want it. What does this mean for retailers looking to stay one step ahead of consumer trends?

On average, consumers shop at two to three different retail channels to fulfill their grocery needs, according to the Food Marketing Institute — including supermarkets, supercenters, discount,How Consumer Trends in Grocery Shopping Are Changing Retail convenience, club, and e-commerce stores. Considering how shoppers feel about grocery shopping in general, that's more than a little surprising. Nearly half say grocery shopping is a chore they try to spend as little time on as possible, according to Nielsen’s Think Smaller for Big Growth study. If that’s true, then why are so many of them spreading their purchases across multiple retail formats?

First, it’s about priorities. High-quality produce (57%), convenient location (56%), and product availability (54%) are more important to today’s shopper than simply finding the lowest price, according to the Nielsen report. As far as products, 75 percent say produce is the most important, followed by fresh meat, poultry, and seafood (60%). And 67 percent of all shoppers say they actively seek products with healthful ingredients. Combine those preferences with easy access to technology, and you’ve got the most discerning consumer in economic history.

Secondly, it’s about options — and shoppers being overwhelmed by them. Today’s consumer has gotten more specific in their tastes, and they’re no longer impressed with quantity when they value quality much more. As a result, the average square footage of supermarkets has decreased since 2006, and smaller retail formats have begun to thrive, according to Packaged Facts. Large supermarkets and hypermarkets account for 51 percent of global sales, but smaller formats are growing at a faster rate, according to Nielsen’s The Future of Grocery report. In fact, smaller formats have been doubling or more than doubling large supermarkets’ rate of growth year over year.

“Perhaps the new retail mantra should be ‘go small or go home,’ as the ‘bigger is better’ paradigm has been challenged virtually everywhere,” said Steve Matthesen, global president of retail for Nielsen, in their 2016 Think Smaller for Big Growth study.

Lastly, but unsurprisingly, it’s about technology. About 25 percent of shoppers say they order grocery products online, and 55 percent are willing to do so in the future, according to The Future of Grocery report. AmazonFresh, Instacart, and Fresh Direct are just a few of the online grocery retailers capitalizing on shoppers’ desire for variety and convenience. They also have one distinct advantage over brick and mortar retailers: customizable communication. It’s far easier to tailor to customers’ preferences when they’re shopping in an online, data-driven environment. That’s a huge advantage when less than half of shoppers believe their main grocery retailer communicates with them in a relevant way.

But regardless of the format, the fact that high-quality fresh produce remains a top priority for shoppers, combined with the growing importance of quality and convenience presents produce marketers with an opportunity to make visits to the produce aisle more memorable and engaging by providing shoppers with support and guidance on how to incorporate more produce in their lives. 

Access the article

Original article via pma.com

Find out more

Access additional resources on Consumer Trends via the PMA A-NZ Information Centre.

Older articles
Follow PMA A-NZ
Search
Member