Listen in as we discuss the trends and opportunities that can help you outpace the competition.
Improvements Outnumber New Consumer Tech Products at CES 2024
Most of the innovations at the Consumer Electronics Show 2024 were enhancements to existing technology; think better audio quality and new capabilities. Despite lackluster levels of product innovation, Circana tech analyst Ben Arnold and audio analyst Ashley McCann are optimistic about growth opportunities for kitchen, home, and audio in the year ahead.
Opting for Linear or Connected TV? The Best Choice Might Be Both
Linear TV and connected TV (CTV) are viewed separately in the complex marketing mix. Currently, CTV is having its moment, surpassing linear TV in return on ad spend. Circana’s Susan Kelly, solutions design, global solutions delivery, and Kelly Dunham, delivery director, discuss the execution and measurement of success for both approaches and the increasing value giving CTV its shine.
Pre-CES 2024: Looking for What’s Possible with Tech
The pandemic put the brakes on recent consumer tech innovation, which is why anticipation is building for CES 2024, when many companies will display their latest and greatest. Ben Arnold, Circana’s executive director, industry analyst, consumer technology, provides innovative examples that go beyond tech gadgets and shares what he hopes to see at the show.
Black Friday Week Sales: Naughty or Nice?
Traditionally in the U.S., the day after Thanksgiving is Black Friday, which moves holiday shopping into high gear. While doorbusters have dwindled, brands and retailers work to lure shoppers with deals and experiences that set the tone for holiday sales. Circana’s Joe Derochowski, vice president and industry advisor, home and home improvement, and Ben Arnold, executive director, industry analyst, consumer technology, weigh in on Black Friday week results and discuss how their industries can claw back holiday sales.
Strengthening Retailer Differentiation
As middle-of-the road grocery retail continues to get squeezed, reaching consumers before they make decisions becomes critical. In this Fresh Pulse episode, Jonna Parker, team lead, Circana’s Fresh Foods Group, and Anne-Marie Roerink, president of 210 Analytics, share strategies retailers can use to highlight their points of differentiation, starting with elevating outside-the-store marketing.
Small Appliances Reflect Our Need for Speed
Despite a forecast sales decline of 4% to 5% through 2024, small appliance sales remain elevated from pre-pandemic levels. To buck the negative trend, marketers should focus equally on messaging and innovation. Joe Derochowski, Circana’s vice president and industry advisor, home and home improvement, shares his secret sauce for picking holiday winners and identifying growth opportunities throughout the year.
Consumer Tech Industry Pulse and Outlook
The economy and product replenishment cycles are negatively impacting the consumer technology industry. Paul Gagnon, Circana’s consumer technology industry advisor, shares his outlook for the upcoming holiday season and how he hopes the industry prepares for the return of consumer spending.
Talking Turkey and the Reality of a Challenging Economy
What can CPG retailers and manufacturers expect this Thanksgiving? Anne-Marie Roerink, president of 210 Analytics talks turkey — and economic pressures — with Circana’s Joan Driggs. Times are tough, and while it’s critical to be realistic about a challenging economy, it’s also an opportunity to connect with shoppers.
Causal and Consumer Factors Fuel Demand Forecasting
To achieve growth, companies strive to predict what consumers are likely to do both now and in the future. According to Lance Goodridge, Circana’s executive vice president of analytics and insights, optimal forecasting will fit with current performance, include appropriate and predictable causal factors, and be within the bounds of company objectives. No small feat.
Frozen Foods Accelerate the Speed to Table
The unique value proposition of frozen foods is not getting the attention it deserves. Based on her webinar, Icy Hot Insights: Frozen Trends, Sally Lyons Wyatt, executive vice president and Practice Leader, Circana, outlines the many definitions of value that frozen addresses.
How Digital is Defining Grocery’s Long Game
Digital retail apps are changing the way consumers plan their shopping. In this Fresh Pulse episode, Jonna Parker, team lead, Circana’s Fresh Foods Group highlights consumer purchasing behavior in the meat department. Uncover why promotions aren’t seeing expected lifts, purchases are designed for minimal waste, and it’s often social platforms and retail apps that are guiding shoppers.
Busting the Myth that We’re Consuming Less
As inflation continues to press consumers, volume sales are down across food and beverage. Amid economic headwinds and a return to pre-pandemic activity levels, consumer behaviors are changing, but we are not consuming less. Circana thought leaders David Portalatin and Alastair Steel explain how shifting behaviors are illustrating new patterns in consumption across retail and foodservice.