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Strategic Advisor Delivering Growth in CPG, FMCG, Wines & Spirits, Food & Beverages | Brand | Marketing | Exports | Innovation | Internationalization | Board Advisor | NED | Coach | Mentor

Brands must rapidly adapt to a new reality where consumer loyalty is fluid, sustainable and ethical shopping is paramount, and digital transformation is advancing faster. These changes, a blend of permanent shifts and a new hybrid reality reshape the CPG landscape in a post-pandemic world. As consumers navigate the economic challenges post-pandemic, including rising interest rates and increased living costs amidst global conflicts and supply chain issues, they face complex decisions. This era demands a balancing act between economizing on essentials and indulging in life's small pleasures. 📚 Jose Luis Nueno, my IESE MBA Marketing Professor, explores this in his latest book, "Everything is Awful, but I'm Fine." He uncovers the nuanced world of Polarized Consumption, where consumers, despite financial constraints, still seek moments of joy amidst the economizing. This shift in consumer behavior—reducing spending on big-ticket items while finding comfort in affordable luxuries like dining out or short trips—reveals a profound change in priorities. For marketers in the CPG industry, this is an invaluable insight. Understanding and aligning with these evolving consumer behaviors is crucial. It's not just about selling products; it's about resonating with consumers' current realities. By empathizing with their challenges and responding to their changing needs, brands can confidently chart a course through these uncertain times, staying relevant and connected. #ConsumerBehavior #MarketingStrategy #CPGTrends _______ If you enjoy this content, you could: 👉 Like it or Re-post it 💙 👉 Follow me on Medium: https://buff.ly/47LSBuG 👉 Sign-up to my (free) Substack Newsletter: https://buff.ly/40O1Ub8

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