13 Key Issues for 2013
2013 will be the perfect storm of necessity and opportunity, and those who understand to focus and execute well will have plenty of opportunity to profit. Our experts for the Consumer Goods & Retail sector have identified three major trends for 2013:
- THE GREAT CONSUMER 'RESET' CONTINUES
Consumers are likely to continue trading down. To protect margin, we expect Consumer Packaged Goods companies and retailers to look even harder at their operating costs and supply chains, and to capture total product cost savings through further standardization and improved purchasing.
- FURTHER CHANNEL BLURRING AND NEW FORMATS
In the "new normal" of today's economy, consumers will continue to be circumspect about how they spend, and old channels will keep on blurring.
- DIGITAL LIFESTYLES AND 'BIG DATA' INSIGHTS
90% of the world’s total data has been created just within the past two years. Retailers are becoming more sophisticated in their way of collecting and analyzing customer data