The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons •...

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The Meat Case: Who’s Shopping It and How? September Fall RAC – Naples, FL

Transcript of The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons •...

Page 1: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

The Meat Case: Who’s Shopping It and How?

September

Fall RAC – Naples, FL

Page 2: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

Who is the Consumer of Tomorrow

• New groups of consumers.

• What is important to each?

• How do they shop in-store?

Social Media & Its Importance

• Digital

• Mobile/Apps

• Websites

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ECONOMIC CONCERNS Remain in the forefront of consumer minds

CONCERNS Q4 2012 Q4 2011 CHANGE

ECONOMY 27% 28% SAME

JOBS 13% 17%

DEBT 8% 15%

FOOD PRICES 7% 3%

HEALTH 7% 4%

FUEL PRICES 5% 5% SAME

UTILITY PRICES 6% 4%

WORK LIFE BALANCE 5% 5% SAME

What are your biggest concerns over the next six months…

Source: Nielsen Global Omnibus Consumer Confidence Survey 4Q12

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Food remains a top Household budget ITEM U.S HH ALLOCATIONS

Transportation

Pleasure Travel

Medical

Housing

F&B at Home

Electronics

Education

Dining Out

Communication

Apparel

5%

3%

8%

2%

5%

23%

20%

3%

3%

7%

10%

6%

Q3 2012 Q3 2011

Note: (1) Allocation of spend on “Other” miscellaneous items not included. Global includes 56 countries across North America, Europe, Latin

America, Asia-Pacific and the Middle East and Africa

Source: Nielsen Global Online Survey; TCG Analysis

5%

3%

8%

3%

5%

24%

18%

3%

3%

6%

10%

8%

Recreation/Entertainment

Savings/Investment

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Page 6: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

AS WE HEAD THRU 2013…..

U.S. Recession Officially Ends

Nearly 4 years June 2009 NBER April 2013 NIELSEN

78% of consumers say we are in a recession

Source: Nielsen Global Omnibus Consumer Confidence Survey 1Q13

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What does all of this mean at retail?

More Targeted Marketing

+

Showing Value

(without deep discounts)

=

More Sales!!!

$$$$$

Page 8: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

The Consumers of Tomorrow

• Value Shoppers

• Manfluencers

• Convenience Shoppers

What is Important to Each?

• Price/Perceived Value

• Quality

• Brand

Page 9: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

Value Shoppers

“The pause before the purchase”

• Two Types • Those that need to be as money dictates it

• Those that choose to be and are proud of it

• Price isn’t always bottom line…but “do I need it?”

• Not defined by income

• Pre-trip planning is essential • Making lists, checking ads, clipping coupons

• In-store must communicate the value at the shelf • “the moment of truth”

• Cooking at home more often

Source: Marketing to Value Shoppers: Understand that value or 'smart' shopping is the new normal as behaviors and attitudes have undergone permanent changes By April Miller |March 31, 2013 Source: NPB Path to Purchase Research 2012

Page 10: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

Value Shoppers

To reach Value Shoppers we need to:

• Get on the shopping list

• Make them think of pork before entering the store with ads, coupons, recipes

• Path to Purchase

Source: Marketing to Value Shoppers: Understand that value or 'smart' shopping is the new normal as behaviors and attitudes have undergone permanent changes By April Miller |March 31, 2013 Source: NPB Path to Purchase Research 2012

Page 11: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

If pork is on the list, chicken and beef are

also likely to be on the list

Sale, family request or ad feature help pork

make the list Developed list

Did not develop list

Shopping list developed (Pork is typically not on a list, but if so, it is drilled

down to cut)

Pre-Trip Path

Store selected (Influenced by pork

purchases)

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Type of shopping trip decided

Need discovered and home stock explored

*

*

*

Value Shopper

Source: NPB Path to Purchase Research 2012

* Indicates impact point, an impact point is a point in the decision process where retailers could influence shoppers

Page 12: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

Half of pork is purchased on sale

Pork purchasers are confident in their

purchases

Pork purchasers will switch cuts if what

they wanted was not available

If no purchase was made, it was likely due to price and

selection

At shelf purchase decision relies on price, appearance

and cut

Half of meat case shoppers are

browsers

Pork purchasers amend their lists based on in-store

ads List & non-list

shoppers

Over one-third say in-store elements

and sales/ads trigger pork purchases at

the meat case

Half of their pork purchases are made spontaneously at the

case

Non-list shoppers

In-Store Path

Meat is picked-up mid way through the

shopping trip

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Pork purchasers are meat purchasers

*

* *

*

*

*

Source: NPB Path to Purchase Research 2012

* Indicates impact point, an impact point is a point in the decision process where retailers could influence shoppers

And over half of pork purchasers state that

sales signs capture their attention

*

Value Shopper

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Value Shoppers

To reach Value Shoppers we need to:

• Show the value and versatility of pork

• Offer quick, easy and flavorful recipes ideas

• Use clear signage at the meat case

• Eye Tracking Research

Source: Marketing to Value Shoppers: Understand that value or 'smart' shopping is the new normal as behaviors and attitudes have undergone permanent changes By April Miller |March 31, 2013 Source: NPB Eye Tracking Research 2012

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21% of participants looked at the pork Q3 ironman.

They spent 3/10 sec looking at it, on average.

Q3

37% of participants looked at the pork Q4 ironman.

They spent 2/10 sec looking at it, on average.

Q4

Value Shopper

Source: NPB Eye Tracking Research 2012

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Manfluencers Meat eater and purchaser who is responsible for at

least half of his household’s grocery shopping and meal preparations = 47%

Midan Marketing ManfluenceTM 2013

Page 16: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

Of these 47%....

• 58% Are responsible for all the household shopping

• 88% Do the household grilling

• 77% Make a grocery list

Manfluence

Midan Marketing ManfluenceTM 2013

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Households with Manfluencers…

Manfluence

• Eat pork and beef at home more frequently than households where women are in charge of food purchases

Manfluencers…

• Eat more meals each week with beef and pork than women

• LOVE meat, all meat, more than women do

Midan Marketing ManfluenceTM 2013

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Manfluencers

Women

Q. If each of the following items were available in the full service meat counter (where the butcher is), how likely would you be to purchase it the next time you go shopping? Manfluencers base: n = 400; Women base: n = 400

Manfluencers are more likely than women to be interested in value-added meats offered at the full service meat counter

63% 57% 79% 72%

72% 67% 58% 52%

Pre-seasoned Burger

Brat/Sausages

Stuffed/Rolled Meats Marinated Meats

Midan Marketing ManfluenceTM 2013

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Convenience Shoppers

Convenient Locations

A Good Variety of Products

Attractive Pricing and Promotions

Fast and Easy Checkout

What are they looking for in a grocery store?

Hamstra, Mark, The Convenience Shopper, Supermarket News May 10, 2010

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Convenience Shoppers

Good Taste

Easy to Prepare

Healthy

What are they looking for in products?

Hamstra, Mark, The Convenience Shopper, Supermarket News May 10, 2010

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Convenience Shoppers

What’s Next…

To…

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Social Media

Page 24: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

SOURCE: Pew Research Center Studies from August 2013, May 2013 and February 2013

Social Media

Page 25: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

SOURCE: Pew Research Center Studies from August 2013, May 2013 and February 2013

Social Media

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• 86% of marketers indicate that social media is important for their business, up 3% from last year.

• Nearly half of marketers chose Facebook as their most important platform, followed by LinkedIn (16%), blogging (14%) and then Twitter (12%).

• 96% of those surveyed use Facebook.

• For the third year in a row, YouTube is the top area where marketers plan on increasing their social media efforts (69%), followed by Facebook (66%), blogging (66%), LinkedIn (65%) and Twitter (64%).

How important is it?

Social Media

2013 Social Media Marketing SocialMediaExaminer.com Industry Report © 2013 Social Media Examiner

Page 27: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

Social Media = Increased Exposure!

• Who is your audience?

• Where is your customer?

• More to show or more to say?

• Make sure it’s managed. • Listen and interact; less is better than too much; don’t rely on

auto-posts; be engaged.

• Use more than one platform at varying levels. • Use Facebook and Twitter to pull your audience to YouTube.

Craig, Duane, Putting social into a B2B perspective, Social Media in the Enterprise, June 13, 2013

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How Retailers Can Use:

• Twitter/Tweet Chats • Become an Authority on Health and Wellness

• Solicit Feedback from Consumers

• Emerge as a Meal Planning Expert

• Facebook • Post Recipes

• Contests/Giveaways

• Highlight Ads/Post your Weekly Ad Circular

• Coupons

• Instagram/Vine • Meal Ideas

• Featured Items

• Photo Contests

Social Media

Thermos, Georgina, 3 Ways Retailers Can Use ‘Tweet Chats’, Supermarket News Social, Aug. 20, 2013

Page 29: The Meat Case: Who’s Shopping It and How?...• Making lists, checking ads, clipping coupons • In-store must communicate the value at the shelf • “the moment of truth” •

This message funded by America’s Pork Checkoff Program.

Questions?