Stagnito Media Convenienece Store News Convenienece Store News Single Store Owner Progressive Grocer The Gourmet Retailer Progressive Grocer Store Brands Retail Leader hispanic
 
Mar 28, 2011

Consumers Enjoy ‘Decade of Delight’

PrintConsumers Enjoy ‘Decade of Delight’  

The “Decade of Delight” describes the key expectation of today's consumers, in the 15th annual Brand Keys Customer Loyalty Engagement Index survey, conducted by the New York-based brand and customer loyalty and engagement consultancy.

For all 87 brands tracked in the 12 consumer packaged goods categories, attributes relating to “experience” and “authentic innovation” in products and services are exerting the strongest impact on customer decision-making, category expectations and engagement with brands.

While expectation levels for delight vary by category, brands in the CPG category that were best at creating customer delight were Claritin, Cheerios, Frosted Flakes, Pampers, Tide, Advil, Brawny, Barilla, Purina, Purina One, Tom’s of Maine, Crest, and Crest Whitestrips.

“This evolution has been accelerating for some time. Brand value has increasingly been defined not through the narrow lens of price, but in terms of the total experience that consumers have when they interact with a given brand,” said Robert Passikoff, Brand Keys founder and president. “This year’s results demonstrate that concept has truly taken hold, showing its greatest increase in expectations in the purchase drivers centered on attributes that most strongly impact the customers’ overall experience.”

Passikoff continued: “The CLEI data is predictive of coming shifts in the consumer marketplace, 12 to 18 months before it shows up in traditional research. Given the levels of commoditization we've witnessed in product/service delivery and pricing/promotion strategies it is no surprise consumers are looking for their favorite brands to make a real difference. Consumers know the brands, know what they do, and know what they're willing to pay for them. They’re looking for delight.

“Innovation is key, whether it’s innovation in the products themselves, or innovation in how those products are put into the hands of consumers – from rapid delivery to product introductions – and the after-life of service and support that the consumer experiences. And, consumers want meaningful innovation that results in a higher level of experience. Satisfaction has never been more cost-of-entry; delight is the new differentiator.”

This year consumers’ skyrocketing desire for experience and authentic innovation are exerting the strongest impact on customer decision-making and profitable engagement with the brand. Brands able to meet or exceed these expectations become category leaders. “This only matters, of course, if you're keeping score by counting sales and profits,” Passikoff said, “and not merely tracking awareness levels.”

For the survey, 46,000 consumers age 18 to 65, drawn from the nine U.S. Census regions, self-selected the categories in which they are consumers, and the brands for which they are customers. Seventy-five percent were interviewed by phone, 20 percent via face-to-face interviews (to account for today’s of the population who are cell phone-only consumers,) and the remaining consumers assessed categories and brands online.

Ten new categories were added to the 2011 CLEI – Drug Stores, E-Readers, Hair Conditioners, Movie Rentals, Online Retailers, Shampoo, Social Networking Sites, Tequila and Tooth Whiteners – bringing the total number of categories and brands to 79 and 528, respectively.

“At a time when CPG brands are struggling to differentiate themselves and find ways to profitably engage their customers, the changes this year serve as a real benchmark for CPG marketers,” Passikoff said. “Products that respond with a truly consumer-centric view of their category – delighting the customer – based on predictive loyalty metrics, stand to gain the most and establish themselves as this decade's brand leaders.”

The complete listing of the 79 category rankings can be found at www.brandkeys.com/awards.


 








Find Reports & Data

2010 Meat and Seafood Operations Reviews: Value on a Platter and Seafood Hits Its Stride

In these separate reports incorporating exclusive Progressive Grocer research, we shed light on the latest trends in both categories.

Progressive Grocer's Category Captains 2009

Category management took on a new level of importance in the past year, as smart suppliers recognized that tuning in to consumer data and retailer partner' needs was the safest bet for all to succeed.

PG's CES: Inside the Market Basket: Economical Choices Bring Grocery Gains

Total supermarket sales were $430.3 billion, up $13.2 billion from the $417.2 billion recorded in 2007 continuing the trend of slightly higher percentage increases in each of the past five years, according to the results of Progressive Grocer's 62nd Annual Consumer Expenditures Study (CES)

Progressive Grocer's 2009 Annual Produce Operations Review

Against a trying backdrop of persistently weak economic conditions, fierce competition and financially wary shoppers, supermarket produce departments faced muchharsher headwinds during the past 12- month period than they have in recent years, as evidenced by marginal comparable-sales gains and a tentative outlook for the balance of the year

Progressive Grocer's 2009 Super 50

At first glance, the bulk of statistical information in Progressive Grocer's Super 50 report appears similar to last year, but a deeper look shows there are clearly plenty of change afoot within the ranks of these leading players, many of which are presently immersed in aggressive campaigns aimed at redefining their brands - and reasserting their cost/value propositions - for shoppers.



SUBSCRIBE TO E-NEWSLETTER SUBSCRIBE TO E-NEWSLETTER


Today's New Product


Johnsonville Meat Snacks
Johnsonville Sausage has licensed Monogram Food Solutions to produce various ready-to-eat meat snacks.
Featured Videos

Loading...
Playlist

View more


Related Videos
Stagnito Media
570 Lake Cook Rd, Suite 310
Deerfield IL 60015
Ph: 224-632-8200
Fax: 224-632-8266

Privacy Policy
Print / Electronic Media
Convenience Store News
CSNews for the Single Store Owner
Progressive Grocer
Progressive Grocer's Store Brands
The Gourmet Retailer
Retail Leader
Marketing Guidebook
Directory of Convenience Stores
Events
Hispanic Retail 360

Custom Media