| Speaker One on Ones SPEAKER ONE-ON-ONES What retail or consumer trend do you believe is here to stay? Healthier eating –The natural/organic trend - Paul Price, Senior Vice President, Acosta Insights, Acosta Sales & Marketing None – I think they’re all going to change - Keith Chrzan, VP Marketing Sciences, Maritz Research Environmental Sustainability - Phil McGee, Director, Shopper Insights, Campbell Soup Company Wellness … personal and planetary - Jim Geikie, VP Customer Strategy & Marketing, Burt’s Bees, Inc. Retailers and suppliers that take the time to truly understand the needs of their customers will continue to lead the marketplace in sales and productivity - Matt Putnam, Senior Director, Retail and Shopper Insight, Hasbro, Inc Retailer consolidation, with a a growing presence of strong international companies. - Dave Milka, Project Manager, Consumer Insights, SC Johnson Aging baby boomer population - AlexYakulis, Vice President, Business Development, CROSSMARK | Your predication for the retail industry or the way people shop in 2028 or 2058 (please indicate if a 10 or 50 year prediction?) For 2028: A variety of retail formats including smaller neighborhood formats focused on occasion and trip drivers. - Paul Price, Senior Vice President, Acosta Insights, Acosta Sales & Marketing Shopping will be much more local - Keith Chrzan,VP Marketing Sciences, Maritz Research 50 Years: In 50 years, product offerings will have implications beyond what is in the package. Consumers will have a greater interest in how the product was made and what the company that made it stands for. As a result, they will seek this specialized information from boutique or specialty retailers. - Phil McGee, Director, Shopper Insights, Campbell Soup Company People crave excitement, distraction, and engagement. Products and formats that fail to provide meaningful points of differentiation related to those three concepts will become commoditized and pushed into irrelevance by those that do. If all a retailer offers is good price and full shelves and online substitute is an easy choice. If all your product delivers utility then you are ripe for replacement. (This applies to both 2018 and 2058) - Matt Putnam, Senior Director, Retail and Shopper Insight, Hasbro, Inc 10 year trend - Will we see a “rebirth” of the friendly neighborhood mom & pop store as the shopper continues to become ever more time starved? - Dave Milka, Project Manager,Consumer Insights, SC Johnson Store location will be key. Drug stores will replace convenience stores - AlexYakulis,Vice President, Business Development, CROSSMARK
| Your favorite business book? Profit from the Core, Good to Great, Execution, Failing Forward. - Paul Price, Senior Vice President, Acosta Insights, Acosta Sales & Marketing The Halo Effect . . . and the Eight Other Business Delusions that Deceive Managers by Phil Rosenzweig.. - Keith Chrzan, VP Marketing Sciences, Maritz Research jack – Straight from the Gut - Phil McGee, Director, Shopper Insights, Campbell Soup Company Why We Buy: The Science of Shopping Paco Underhill - Jim Geikie, VP Customer Strategy & Marketing, Burt’s Bees, Inc. Raving Fans. - Matt Putnam, Senior Director, Retail and Shopper Insight, Hasbro, Inc The Art of War by Sun Tzu - Dave Milka, Project Manager,Consumer Insights, SC Johnson Tipping Point - AlexYakulis, Vice President, Business Development, CROSSMARK | What is the next big thing that will transform shopper marketing? As newer retail formats continue to emerge, having a better understanding of shopper behaviors in each format so you can influence the buying decision. - Paul Price, Senior Vice President, Acosta Insights, Acosta Sales & Marketing If I knew, I’d be doing this as a conference call from my private island in the Pacific. - Keith Chrzan, VP Marketing Sciences, Maritz Research Ubiquitous RFID integrated with “smart” shopping baskets - Phil McGee, Director, Shopper Insights, Campbell Soup Company On-demand video at point-of-sale - Jim Geikie, VP Customer Strategy & Marketing, Burt’s Bees, Inc. The next big thing that will transform shopper marketing will be the success of Tesco’s entry to the US. Seeing a close competitor that implements shopper marketing at a that level will leave today’s retailers scrambling for their own shopper insight to tailor a response. - Matt Putnam, Senior Director, Retail and Shopper Insight, Hasbro, Inc Reallocating the dollars of the traditional trade spending budget into co-promotional shopper marketing budgets. - Dave Milka, Project Manager,Consumer Insights, SC Johnson In-store dollars exceeding media products to purchase in-store - Alex Yakulis,Vice President, Business Development, CROSSMARK | |