Generation Z is poised to overtake Millennials as the main demographic brands want to target and understand. However, it’s problematic to lump an entire generation together simply based on their birth date. There is a tendency for media and marketers to make sweeping statements that often don’t go very deep. While trends can help point […]
Micro Markets and How to Engage Gen Z Consumers Read More »
2020 was a tough year for many, and although 2021 is looking a little more hopeful, the fact remains that our way of life will be very different moving forward. As a result, brands should consider how to best support their customers. A year marked by a global pandemic, widespread social protests, and man-made environmental
Show Me You Care: Building a Social Brand in 2021 Read More »
In spite of new agreements such as CUSMA (the new NAFTA) and the China – US managed trade pact, trade wars can be expected to continue as long as protectionism remains a global trend. For foodservice operators, this presents a destabilizing pressure as food costs and availability fluctuates, in some cases wildly. Consider the proposed tariff on
What Rising Food Costs Mean for Foodservice Brands Read More »
Soaring property values, increased urban dwelling, housing shortages and stagnating salaries are just some of the factors that are keeping younger generations out of the housing market. Many millennials now say they do not think they’ll ever be able to afford a home, and things are even bleaker for Generations Z and Alpha. And for
How A Decline in Home Ownership Will Impact Brands Read More »
In our 2030 predictions blog we included two of many likely scenarios. One of these we called the “Fortress Society,” which would see the increased rise of isolationist movements, a move away from global trade and a growing division between an Asian versus North America centric economy. This scenario was driven by the rise of buying locally,
The Evolving Definition of “Local” Read More »
Not only does a successful brand clearly define a unique and ownable position in the market, they also deliver on their promise and make an emotional connection with their customers. Brand assets such as tradition and performance are still relevant to consumers; however, these are ceasing to determine solely whether a person buys from one
The Evolution of Brand Activism Read More »
Marie Kondo has made the old adage “less is more” feel fresh again. In her popular Netflix show she helps people de-clutter homes by asking them to decide if the items they own spark joy. Anything that doesn’t meet this standard simply shouldn’t be in your home, she posits. The idea, one that resonates with many, is
What the End of Mass Consumption Means for Retailers Read More »
Ah, Millennials: the fabled generation that every company is attempting to reach. Expected to surpass baby boomers in size by 2019, Millennials (also known as Generation Y, Me and Peter Pan, to name a few) are reaching their prime spending years. The impact that they will have on the economy has marketers frothing at the
Best Practices to Attract Millennials to Your Brand Read More »
Every industry, from trucking to healthcare, is being disrupted by non-traditional competitors, or by direct competitors that have reinvented their business model. To ensure relevancy, it is critical to create effective strategies and to understand the driving factors fuelling this disruption. Disruption happens in two different varieties, each driven by specific dynamics in the marketplace.
Emerging Industry Disruption Trends and New Business Models Read More »
It seems nowadays everyone is a foodie – with the hashtag “foodie” being used over 244 million times on Instagram. It’s not a surprise that restaurants are feeling the pressure to attract more of a foodie generation to their facilities. How do you begin to legitimize your restaurant as a “foodie” establishment in the eyes
How to Better Appeal to “Foodie” Millennials Read More »
Millennials are entering an important life stage for banks as this segment of the population is starting to build wealth while driving potential sales growth in financial products and services. As Millennials provide banks with continued growth opportunities, banks must understand their needs and expectations in order to create a strong affinity with these future wealth generators.
Banking on the Ultimate Millennial Experience Read More »
Picture this: dozens, maybe hundreds of people walking aimlessly, their eyes glazed, looking down, oblivious to the environment that surrounds them. No, this isn’t the next zombie apocalypse blockbuster, it’s the scene common at any grocery store, shopping mall or bank branch — everyone staring at their mobile phone. This generation of consumers could be
Six Ways to Overcome the Mobile Zombie Apocalypse in Bank Branches Read More »
