Canvas8's keeping TABS (September 2010)

Page 13

Informed Consumerism

WHAT ARE THE SIGNS? SMART ENERGY METERS PEER-TO-PEER INFORMATION SHARING DAYTUM

WHAT IS IT?

There will be more ‘e-breed’ customers, which means that the same customer might do very deep informed research for some products, but make very impulsive decisions for others according to their personal preferences and situation.

People are looking to make increasingly informed (but crucially, not always rational) decisions both prior to and at point of sale. For brands, providing comparative analysis and transparent information creates trust and generates goodwill.

SAFEWAY FOOD FLEX SHOPSAVVY

GOOGLE GOGGLES YELP

Those who participate in it despite reservations (Gen X and Gen Y)

TESCO FINDER APP

WHERE IS THE TREND IN ITS LIFECYCLE?

Phase

PEAK

What began as a way for businesses to boast of eco credentials has set a global retail agenda, and consumers want to know more both about the products they’re buying and the brands they’re buying from. Smartphones are playing a key role in the shift, allowing shoppers to check packaging, product and pricing information simultaneously in-store and online. Geolocation software enables smarter filtering for relevance and proximity. People rely on peer product reviews – and trust in non-branded aggregators of information is building.

Time spreading with smartphones

RELATED TRENDS

Approximately

value their own research

over

a sales person’s advice

up from

40% pers

20%

of shop

45%

43% of smartphone owners

abandoned purchases when unts coupons or disco couldn’t be easily obtained.

Hyperlocalisation

Simple Interfaces

Slow

Natural Mindset

look at third-party or consumer reviews of a product while in store

2008

CONTENTS

TALES OF THINGS

FRITO LAY CHIP TRACKER

Globally – more economically and technologically developed nations

During Xmas 2009

ECO INDEX

NUTRICATE RECEIPTS

WHERE IS IT HAPPENING?

HOW HAS IT BEEN DEVELOPING?

92% of consumers

STICKYBITS

TOKYO’S N BUILDING

Fabrizio Valente, Retail consultant and CEO, KikiLab

WHO IS IT IMPACTING? Those who believe in an open information economy

WHEREISMYMILKFROM

look for retailer or product coupons

Hyperawareness of Health

Rising Social Conscience

Mobile Living

True Stories

13


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