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16|Retail News|December 2014|www.retailnews.ie

Marketing & Branding

The 15 Drivers for 2015 Are you wasting money on irrelevant marketing? Branding and marketing expert, Kay McCarthy highlights the key 15 drivers for leading marketers in 2015. AS we prepare for 2015, Kay Mc McCarthy, founder & Managing Director of MCCP - The Planning Agency, explains the 15 trends that are driving marketing and branding, from the advent of ‘mini’ pleasure seeking to connecting with the ‘always-on’ consumer.

what their new mindset and purse will pay for. Examples include the successful launch of Hailo in Dublin, Netflix, Airbnb and Dublin Bikes, pay for what you need when and how you want. Brands need to think like a business and identify where they can earn more revenue by innovating around a new consumer value system to stay relevant.

1. Recovery Mode but Still Cautious Ireland is beginning to recover, as indicators such as GNP are positive, (+ 5% in 2015), unemployment is dropping back to around 11% from 12% last year and consumer confidence is at the highest level since 2005, consumers will feel a lot better. However, the lag between sentiment and spend could take a little while as we’re also seeing house prices and rents rising nationally (up 15%) and by 25% in Dublin. Couple this with the introduction of water taxes and pressures on disposable income will continue. This means that the behaviour of value hunting will continue as the discounters are now an accepted norm for many shoppers, who are moving more of the weekly shop to these brands.

3. Mini Pleasure Seeking As consumers are gradually ‘feeling’ better, we are seeing some short term ‘mini pleasure’ seeking, as consumers want to treat themselves as they tire of being good. They want to enjoy new discoveries that offer sociable and affordable experiences that bring the group together in real time, often enhanced by technology. However, this comes with limits and ‘a little, often’ versus a big binge is expected. There has been strong innovation in the social scene at restaurant and bar level, with the rise of accessible and casual gastro dining, quality beers holding their own, the growth of Craft beers (albeit still niche), spirits and cocktails and pop-up dining.

2. Brands Rewrite the Rules Brands that are truly 21st century are rewriting the rule books and re-purposing themselves, innovating their business model to deliver what the consumer needs and

4. Social Clanning The group has always been important and now with technology, the group can stay together always. Experiences that unify the clan in real time continue to grow: this offers marketers opportunities to move from community to tribe


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Rn dec 5 by Retail News - Issuu