Food decision Profiles

Slides:



Advertisements
Similar presentations
Types of Consumer Goods Two Classification. Industrial Goods –Products designed to be used by other businesses –May be in the creation of new products.
Advertisements

In-Game Advertising Review FOX: JUMPER DVD. 2 July 2008 July-2007 July 10, 2007 July 2008 Jumper DVD In-Game Advertising Effectiveness.
Food Related Lifestyle (FRL) Segments and Speciality Foods Market in Great Britain Aoife Wycherley Supervisors Mr Cathal Cowan (AFRC) Dr. Mary McCarthy.
Market Analysis. A Six-Step Approach to Understanding the Nature of Competitive Markets b Define the Relevant Market b Analyze Primary Demand for the.
Branding and Positioning. Elements of Brand Equity Awareness –Recognition –Recall Associations Perception of Quality Loyalty –Relationship –Installed.
Identifying and Understanding Consumers
7 Chapter 7 Identifying and Understanding Consumers.
CONSUMER PREFERENCES FOR GREEN RESTAURANT PRACTICES.
Green Marketing 1. Definition of Green Consumer LOHAS: (Lifestyle of Heath and Sustainability) very progressive on environment and society, looking for.
Good food for good September philosophy good food for good believes in making a difference, one meal at a time we promise: good food, the way it.
8 Identifying Market Segments and Targets
Your Investment. Your Future. An Evaluation of the Importance to Consumers of Selected Niche Pork Attributes R Parker & Associates, Inc. / Ashcraft Research.
2.2 Market Segmentation MARKETING MR. PAVONE. Identifying and Analyzing Markets.
Demographic and Psychographic Segmentation
STANDARD 3 The Target Customer. Why? Knowing & understanding customers is key for exceptional companies. Award winning businesses know their customers.
MARKETING MANAGEMENT Segmentation, Targeting, and Positioning.
 Copyright 1999 Prentice Hall 5-1 Chapter 5 PRINCIPLES OF MARKETING Eighth Edition Philip Kotler and Gary Armstrong Consumer Markets and Consumer Buyer.
Market Analysis and Target Market
National Consumer Agency
Understanding Buyer Behaviors
Welcome.
National Consumer Agency
What is Market Segmentation?
2008 Roper Public Opinion Poll on PBS
Market Segmentation, Targeting, and Positioning Boe Dube
Customer-Driven Marketing Strategies
Media Growth Summit, April 6, 2017
Welcome to Marketing Management
Target Marketing Students you will need a piece of line paper and a pen or pencil. All students are required to take notes. Every seven slides students.
Chapter 4 Nutrition Lesson 2 Creating a Healthy Eating Plan
Segmentation, Targeting, and Positioning
Data Highlight: Student Debt
“Understanding Consumers”
Chapter Seven Customer-Driven Marketing Strategy:
DRAFT ONLY The Consumer Market.
Avocado Foodservice Usage/Consumption Habits
Understanding Nutritional Standards and Guidelines
Food Production, Safety and Sustainability“
CHAPTER 2: BASIC MARKETING CONCEPTS
Markets Mr. Thompson.
ANALYZING Consumer Markets
Market Segmentation: Practical Applications
Healthy Communities Locally - Globally.
Campaign to impart information on health, nutrition, hygiene and advantages of knorr soup at schools and colleges Supplying free samples of knorr soup.
I am going to change this slide and the section breaks – do you have an image type you’d like to use? Someone in a health care setting? Shopping for groceries?
Eagle Challenge Learning Target: Describe market segmentation methods used to identify target market How to protect intellectual property. Standard OE3.
Marketing: Research Mr kuhn.
Research Findings March 2004 HART RESEARCH P e t e r D A S O T E C I.
Data Analysis AMA Collegiate Marketing Research Certificate Program.
2017 Food & Health Survey.
Eagle Challenge Logo Quiz Slogan Quiz Learning Target.
Physical Distribution
Eagle Challenge Logo Quiz Slogan Quiz Learning Target
Target Market Strategy Presentation
IFIC 2017 Food & Health Survey
Consumer Decision Process-A Generic Model
Quality vs saving money over the next 12 months
NIELSEN MAKE IT HEALTHY!
Eagle Challenge.
A 20-Year Explosion in Pet Products Spending
LinkedIn Overview The Web marketing Guy.
More Americans Are Visiting a Dentist
Marketing Segmentation
Who is your Target Market?
State of the Gap: By the Numbers
Market Segmentation and Strategic Targeting
Survey Design.
Chapter 4 Brand Research & Consumer Insights
Chapter 5 Target Audience and Market Segmentation
Food decision Profiles
Presentation transcript:

Food decision Profiles 2017 Food & Health Survey Food decision Profiles

Meet the Profiles Diligent Searchers – Take everything into account, valuing all product and brand characteristics. Product Selectors – Focus on the product itself; its brand is meaningful, but the brand’s values are not. Price and convenience matter nearly as much as taste. Pleasure Shoppers – Strictly evaluate the imminent impact on himself or herself: taste, price, and convenience. All other attributes are considered unimportant. Foodies – Sacrifice convenience and cost in search of a quality product, particularly one that is tasty, healthy, and made in a way they approve of. Unbiased Buyers – Consider exclusively what is on the inside; the product’s packaging is unimportant, and its brand is even less so. Indifferent Consumers – Do not find any individual attribute to be especially important or unimportant.

Profile Development An analysis of purchase drivers reveals six distinct consumer profiles .   profile 1 Diligent Searchers profile 2 Product Selectors profile 3 Pleasure Shoppers profile 4 Foodies profile 5 Unbiased Buyers profile 6 Indifferent Consumers Convenience High Somewhat high Somewhat low Healthfulness Very high Price Taste Sustainability Low Brand Very low Shared values Packaging How it's made

Indifferent Consumers Profile Demographics Foodies tend to be older and female, while Indifferent Consumers are most commonly married men.   Diligent Searchers Product Selectors Pleasure Shoppers Foodies Unbiased Buyers Indifferent Consumers Gender 45% Male 55% Female 46% Male 54% Female 64% Male 36% Female 37% Male 63% Female 36% Male 64% Female 61% Male 39% Female Age (median) 48 Years 46 58 40 Marital status 63% Married/Partner 64% 67% 77% Has kids under 18 31% Yes 29% 25% 15% 28% 36%

Profile Demographics (cont’d) Diligent Searchers skew Hispanic and tend to be in excellent/very good health, while Foodies are high income with college degrees. Diligent Searchers Product Selectors Pleasure Shoppers Foodies Unbiased Buyers Indifferent Consumers Race/Ethnicity 58% White 19% Afr. Am. 23% Hispanic 73% White 17% Afr. Am. 11% Hispanic 74% White 9% Afr. Am. 12% Hispanic 72% White 8% Afr. Am. 14% Hispanic 75% White 11% Afr. Am. 70% White 18% Hispanic Income 21% <$35K 39% $35K-$74K 31% $75K+ 19% <$35K 36% $35K-$74K 38% $75K+ 13% <$35K 37% $75K+ 8% <$35K 29% $35K-$74K 52% $75K+ 27% <$35K 40% $35K-$74K 28% $75K+ 11% <$35K 34% $35K-$74K 46% $75K+ Education 28% Has college degree 29% 37% 43% 35% 19% Health status 65% Exc/VG 27% Good 8% Fair/Poor 50% Exc/VG 37% Good 13% Fair/Poor 59% Exc/VG 28% Good 60% Exc/VG 34% Good 6% Fair/Poor 64% Exc/VG 29% Good 7% Fair/Poor 57% Exc/VG 38% Good 5% Fair/Poor

Indifferent Consumers Top Info Sources Vary Pleasure Shoppers received information from all sources far less frequently than the other profiles.   Diligent Searchers Product Selectors Pleasure Shoppers Foodies Unbiased Buyers Indifferent Consumers Trusted sources (top 3) 80% RDN 77% HCP 72% Wellness counselor 67% RDN 62% HCP 59% Wellness counselor 64% RDN 60% HCP 49% Wellness counselor 73% RDN 70% HCP 62% Wellness counselor 76% HCP 75% RDN 46% RDN 41% HCP 43% Wellness counselor Sources of info used 46% Friends/family 44% HCP 40% RDN 28% HCP 23% Friends/family 21% Health website 12% HCP 11% Friends/family 6% Scientific study 33% HCP 29% Friends/family 24% Scientific study 30% Friends/family 26% HCP 20% Health website 23% Fitness prof.

Experience Food Confusion Differently Indifferent Consumers are least likely to recognize conflicting information, but are most likely to doubt their choices as a result of conflicting information.   Diligent Searchers Product Selectors Pleasure Shoppers Foodies Unbiased Buyers Indifferent Consumers Food Confusion 84% Agree that there is conflicting info 57% Doubt their decisions as a result 78% Agree that there is conflicting info 65% Doubt their decisions as a result 42% Doubt their decisions as a result 76% Agree that there is conflicting info 44% Doubt their decisions as a result 51% Doubt their decisions as a result 61% Agree that there is conflicting info 73% Doubt their decisions as a result

Vary in Ability to Link Nutrients with Top Health Benefits Indifferent Consumers are the least able to connect food and nutrients to their top desired benefits. Foodies are the most able to do so.   Diligent Searchers Product Selectors Pleasure Shoppers Foodies Unbiased Buyers Indifferent Consumers Dietary Disconnect 57% Cannot name a food or nutrient associated with their top health benefit 61% Cannot name a food or nutrient associated with their top health benefit 55% Cannot name a food or nutrient associated with their top health benefit 40% Cannot name a food or nutrient associated with their top health benefit 59% Cannot name a food or nutrient associated with their top health benefit 75% Cannot name a food or nutrient associated with their top health benefit

Have Their Own Take on “Healthy” Foodies are the only profile to include “minimally processed” in their top three attributes of a healthy food. All other profiles include “part of an important food group...”   Diligent Searchers Product Selectors Pleasure Shoppers Foodies Unbiased Buyers Indifferent Consumers Definition of ‘healthy food’ (top 3) 60% Free from artificial ingredients 54% High in healthy components 46% Part of an important food group 62% High in healthy components 55% Part of an important food group 48% Free from artificial ingredients 63% High in healthy components 50% Part of an important food group 50% Low in unhealthy components 61% Free from artificial ingredients 55% High in healthy components 45% Minimally processed 64% High in healthy components 55% Free from artificial ingredients 47% Part of an important food group 51% High in healthy components 43% Free from artificial ingredients 40% Part of an important food group

Key Profile Takeaways Foodies tend to be older and female, while indifferent consumers are most commonly married men. Diligent searchers skew Hispanic and tend to be in excellent/very good health, while foodies are high income with college degrees. Defining healthy: Foodies are the only profile to include “minimally processed” in their top three attributes of a healthy food. All other profiles include “part of an important food group...” in their top three. Ability to name source of desired benefit: Indifferent consumers are the least able to connect food and nutrients to their top desired benefits, foodies are the most able to do so. Information sources: Pleasure shoppers receive information from all sources far less frequently than the other profiles. Diligent searchers use more information from all sources on a regular basis. Confusion: Indifferent consumers are least likely to recognize conflicting information, but are most likely to doubt their choices as a result of conflicting information.

Find more information on the 2017 Food and Health Survey at foodinsight.org/FHS Connect with us on social media @foodinsight