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Unearth Seismic Shifts with NewMR Tools

LRW
Posted On  November 9, 2015
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In their article A Seismic Shift in How People Eat, The New York Times announced that, “Eating habits are changing across the country and food companies are struggling to keep up.” To some extent, this is not news. We saw these trends emerging more than 10 years ago in brand tracking work I did for a large CPG company, tracking all of their categories.  And, we noticed the effects of these trends in a recent away-from-home dining study for a client in a different industry.

What is news is the fact that this trend now has real momentum as new food manufacturers and retailers have managed to deliver great products and profitably, by tapping into what was a nascent, largely latent, set of consumer needs. But that would be just scratching the surface.

I venture there is a deeper current of consumer/public opinion at play.  The American public is now deeply skeptical of large institutions. There is, in my opinion, a deep yearning for the local, the small, that which is more closely connected to me and where I live.  Perhaps this gives people a greater sense of security, a sense of accountability, a closer connection between one’s self and the maker of those things we choose to consume.

I suggest that this institutional skepticism linked with human need for connection, is and will continue to negatively impact large manufacturers of mass produced products—food and beyond. Combine this with the power of new technologies to finely slice the consumer demand curve, making the tails profitable and you have the makings of a powerful business and marketing transformation.  I think we can all see this happening in food and entertainment, and it may be why we can see other large companies struggling.  They may be too big, too complex, and too disconnected from local markets.

Companies have an opportunity to tap these deeper, latent feelings, beliefs and values by leveraging new research techniques rooted in psychology, behavioral economics and brain science.  These methods have proven to be powerful stuff for many of our clients who need to uncover and render more visible the deeper, inchoate, needs that consumers have, in the area of food and beyond. And, on a personal note, it’s some of the most exciting, impactful work we do.

Written by LRW
For 40 years, LRW has been asking so what?® to help our clients use market research to have significant business impact. Learn more about us at LRWonline.com.

4 Comments

  1. Great post, Frank. Having spent a lot of time lately in grocery stores around the country, it’s amazing to see how much the trend is shifting toward all-natural, organic, locally-produced, etc. Stores are truly committing to meeting the desires and expectations of consumers, so I believe this will only grow over time.

  2. Your comments are spot on Frank. Perceptions of food quality are shifting, effecting consumer decision making on a less conscious basis. This is where our implicit testing techniques come into play, helping us to understand ideas like “fresh” and “organic” on a gut level.

  3. Thanks Frank and Jonathan. We are in the midst of amazing changes in manufacturing, commerce, and marketing fueled by technology and shifting beliefs, expectations and demands from consumers. As consultants and hyper curious consumers, we have a great opportunity to participate and lead that change.

  4. Interesting article, Frank. As a millennial and market researcher I’m on the front line of the change you describe. I can personally relate to the distrust of large institutions you reference, and have seen first hand the shift towards the smaller, more personal, and more thinly sliced markets. Certainly the first step for big companies is to employ researchers to gather data on the trend shifts, but once the data is gathered companies need to be nimble enough to employ the changes the data suggests. Just some thoughts!

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