Xaviere Tallent’s Post

Capgemini's 2024 Consumer Trends report reveals interesting shifts in consumer habits and insights that can help #retailers shape their strategies for the year…

Despite a relatively strong economy and low unemployment, consumers are buying fewer items—and spending more to do so. The volume declines in CPG are dramatic, especially considering the growth that occurred in the early days of the COVID-19 pandemic. In this article, we dive into the specifics of the recent CPG volume declines and examine McKinsey ConsumerWise research to understand why consumer behaviors are shifting. We also explore what this means for US CPG businesses in 2024, and provide five strategies that can help CPG players combat volume declines.

Despite a relatively strong economy and low unemployment, consumers are buying fewer items—and spending more to do so. The volume declines in CPG are dramatic, especially considering the growth that occurred in the early days of the COVID-19 pandemic. In this article, we dive into the specifics of the recent CPG volume declines and examine McKinsey ConsumerWise research to understand why consumer behaviors are shifting. We also explore what this means for US CPG businesses in 2024, and provide five strategies that can help CPG players combat volume declines.

Despite a relatively strong economy and low unemployment, consumers are buying fewer items—and spending more to do so. The volume declines in CPG are dramatic, especially considering the growth that occurred in the early days of the COVID-19 pandemic. In this article, we dive into the specifics of the recent CPG volume declines and examine McKinsey ConsumerWise research to understand why consumer behaviors are shifting. We also explore what this means for US CPG businesses in 2024, and provide five strategies that can help CPG players combat volume declines.

If you aim to stay ahead in the fast-paced world of retail, knowing which trends will last is essential. Here are five critical metrics you can leverage to identify a winning trend: 1️⃣ In-stock products across the market 2️⃣ Sell out data and time to first sell out 3️⃣ Heavily replenished products across the market 4️⃣ Products that have increased newness 5️⃣ Discounted products across the market With retail technology, you can track it all. Find out how here: https://hubs.la/Q02KN-cS0 #RetailTech #FutureOfRetail #TrendIdentification

Despite a relatively strong economy and low unemployment, consumers are buying fewer items—and spending more to do so. The volume declines in CPG are dramatic, especially considering the growth that occurred in the early days of the COVID-19 pandemic. In this article, we dive into the specifics of the recent CPG volume declines and examine McKinsey ConsumerWise research to understand why consumer behaviors are shifting. We also explore what this means for US CPG businesses in 2024, and provide five strategies that can help CPG players combat volume declines.

Despite a relatively strong economy and low unemployment, consumers are buying fewer items—and spending more to do so. The volume declines in CPG are dramatic, especially considering the growth that occurred in the early days of the COVID-19 pandemic. In this article, we dive into the specifics of the recent CPG volume declines and examine McKinsey ConsumerWise research to understand why consumer behaviors are shifting. We also explore what this means for US CPG businesses in 2024, and provide five strategies that can help CPG players combat volume declines.

Despite a relatively strong economy and low unemployment, consumers are buying fewer items—and spending more to do so. The volume declines in CPG are dramatic, especially considering the growth that occurred in the early days of the COVID-19 pandemic. In this article, we dive into the specifics of the recent CPG volume declines and examine McKinsey ConsumerWise research to understand why consumer behaviors are shifting. We also explore what this means for US CPG businesses in 2024, and provide five strategies that can help CPG players combat volume declines.

Despite a relatively strong economy and low unemployment, consumers are buying fewer items—and spending more to do so. The volume declines in CPG are dramatic, especially considering the growth that occurred in the early days of the COVID-19 pandemic. In this article, we dive into the specifics of the recent CPG volume declines and examine McKinsey ConsumerWise research to understand why consumer behaviors are shifting. We also explore what this means for US CPG businesses in 2024, and provide five strategies that can help CPG players combat volume declines.

The lastest from our ConsumerWise team. Despite a relatively strong economy and low unemployment, consumers are buying fewer items—and spending more to do so. The volume declines in CPG are dramatic, especially considering the growth that occurred in the early days of the COVID-19 pandemic. In this article, we dive into the specifics of the recent CPG volume declines and examine McKinsey ConsumerWise research to understand why consumer behaviors are shifting. We also explore what this means for US CPG businesses in 2024, and provide five strategies that can help CPG players combat volume declines.