Use of digital in retail is in its infancy. There are pockets of brands in certain cities trying out new tools and methods to engage their customers. One of the keys to success is starting by being in the customer's shoes and following the consumer's journey. Setting objectives, experimenting and measuring are also vital. This six-part infographic looks at various opportunities to engage the customer according to where they are and what they are doing. While technology is critical, the attempt has been as much as possible to focus on the customer's viewpoint as opposed to a specific technology. Infographic by Brand Talking & The Myndset.
Digital technologies are reshaping both consumer demand and competitive dynamics in the CPG marketplace, irrevocably altering how people shop and how they decide what to buy. Digital innovation has created entirely new patterns of expectation. Consumers, who are enjoying the convenience and value of digital services in other aspects of their lives, expect these benefits in grocery as well. Pioneering companies, some of them old but most of them new, are creating enormous value by meeting fast-changing needs and expectations in the largest, and least penetrated, consumer category. In the process, they are putting retailers and suppliers alike under acute pressure to adapt. CPG companies need to understand and, to the extent possible, shape the shifting retail landscape, because ultimately they will need to participate in new distribution models. The Digital Future-A game plan for Consumer Packaged Goods
Comments
Post a Comment