Tomorrow’s Insights Suzanne Durie. Tomorrow’s Insights The Power of Trends The NPD Radar Looking for Patterns Focussing the Signals Lift Off!

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Presentation transcript:

Tomorrow’s Insights Suzanne Durie

Tomorrow’s Insights The Power of Trends The NPD Radar Looking for Patterns Focussing the Signals Lift Off!

The Power of Trends 1. Grow with growing demand 2. Avoid being trapped in declining niches

The Power of Trends 3. Be newsworthy and exciting 4. Keep competitors at bay

The Power of Trends 5. Make higher profit margins £ £

The Power of Trends 1.Grow with growing demand 2.Avoid being trapped in declining niches 3.Be newsworthy and exciting 4.Keep competitors at by 5.Make higher profit margins

The NPD Radar

Continuous Quantitative Data

The NPD Radar Qualitative Research

The NPD Radar Other Categories

The NPD Radar Other Categories

The NPD Radar Other Categories

The NPD Radar The Major Food Retailers

The NPD Radar Trendy and Upmarket Delis E Mail Importers Small Manufacturers Your Ingredient Suppliers

The NPD Radar Restaurants TV Chefs Newspapers Magazines The Travel Industry

The NPD Radar

Looking for Patterns

An Ingredient Beans

Looking for Patterns Consumer Thinking Behind Food To the kids, it’s a treat – but I know there’s goodness in it too. It’s win – win.

Looking for Patterns Consumer Thinking Behind Food

Looking for Patterns An Attitude that could Impact on Food

Looking for Patterns An Attitude that could Impact on Food Created by Paul Young for Waitrose

Looking for Patterns An Attitude that could Impact on Food

Focussing the Signals What are the underlying causes for a trend, the consumer’s motivation? Back to Tradition Low GI Low Cost Meals Jamie Oliver Five a Day Low Saturated Fat

Focussing the Signals What else is important to them?

Focussing the Signals What else do they eat or drink? +=

Focussing the Signals How big is the target market going to be? Do take trends with a pinch of salt!

Focussing the Signals How big is the target market going to be?

Focussing the Signals How big is the target market going to be?

Focussing the Signals When is ‘Tomorrow’?

Focussing the Signals Ideas dilute as they spread

Focussing the Signals Ideas dilute as they spread

Focussing the Signals Face Up to Worries Questionable Production Methods ?

Lift Off!

Knowledge and Common Sense… Are not the enemies of creativity They FOCUS creativity where SUCCESS can be found They provide the STIMULUS to SPARK great new ideas

Lift Off! Taste

Lift Off! Explain the Benefits

Tomorrow’s Insights

Tomorrow’s Insights Applied Creative Workshops Category Management Goldmine Innovation Strategy and Management