The Consumer Imperative Next Generation Meat Marketing Helen King Head of Consumer Insight & Innovation Growing the success of Irish food & horticulture Why we need to move on… Pressure on red meat sales in Europe Continuing retail pressure for price concessions Increase in feed prices The new consumer power means that a focus on the customer now matters more than 2010… any other strategic Age of the customer & imperative consumer 1990-2010 Empowered buyers Age of demand a new level of 1960-1990 Information customer obsession Age of distribution 1900-1960 Facebook Age of IBM manufacturing Best Buy Apple June 2011 “Competitive Strategy In The Age Of The Customer” Tremendous progress over the past 50 years 1995 – 2010 Technology 1985 – 1995 Shelf ready in market 1970-1985 Boneless beef Ready to cook, heat and eat Central packaging 1960-1970 Carcass trade 1950-1960 Live trade Vacuum packing Refrigeration Shipping ACotter, Bord Bia Available across all retailers 2413… A Consumer Brand... Brand = Making our offer desired by a certain small set of people Brand = Control Three principles to help build a meat brand 1. Know your consumers & what they want 2. Create a distinct positioning 3. Tell your story and be heard 1. Know your consumers & what they want Watering can principle Two main trends Celebrating tradition Taking the best of tradition and heritage to meet modern tastes 15 Celebrating tradition Taking the best of tradition and heritage to meet modern tastes Craftsmanship Rising interest in the people and artisan skills behind products 16 Celebrating tradition Taking the best of tradition and heritage to meet modern tastes Craftsmanship Rising interest in the people and artisan skills behind products Behind the scenes Transparency as a mark of quality and trust 17 Celebrating tradition Taking the best of tradition and heritage to meet modern tastes Craftsmanship Rising interest in the people and artisan skills behind products Behind the scenes Transparency as a mark of quality and trust Passion for place Growing interest in origin as a mark of quality and authenticity 18 Conserving resources Living in a world where resources are increasingly in short supply 19 Conserving resources Living in a world where resources are increasingly in short supply War on waste Reducing the wasteful results of consumption 20 Conserving resources Living in a world where resources are increasingly in short supply War on waste Reducing the wasteful results of consumption Climate conscious Protecting the world’s environment and biodiversity 21 Conserving resources Living in a world where resources are increasingly in short supply War on waste Reducing the wasteful results of consumption Climate conscious Protecting the world’s environment and biodiversity Fair treatment Treating animals and people fairly in the production process 22 1. Know your consumers & what they want 2. Create a distinct positioning Ireland Italy France Germany Ownable Ireland Different Italy ✔ ✗ France Germany Ownable Different ✗ ✔ 2. Create a distinct positioning 3. Tell your story & be heard Family owned farms Local traditions Family traditions Natural Growing Natural, not forced pace Develops taste & character Island in the Atlantic Minimal heavy industry Clean: air, water, soil Agricultural traditions Environmental protection Animal welfare Taste standards Proven superior quality Three principles to help build a meat brand 1. Know your consumers & what they want 2. Create a distinct positioning 3. Tell your story and be heard Our ultimate goal Top Down Top Down Our ultimate goal Top Down Top Down Story 1 Story 2 Story 3 Story 4 Can we see evidence of this trend at work in brand or human behavio Bottom Up Our ultimate goal Top Down Top Down Available, sought after Consumer brand Story 1 Story 2 Story 3 Story 4 Can we see evidence of this trend at work in brand or human behavio Bottom Up Thank you Helen King Head of Consumer Insight & Innovation