As we know, innovation is not about finding a new miracle ingredient, putting a product in an eco-friendly container, or using a trendy typeface for your brand. Instead, innovation is about discovering the meanings behind consumer behavior, trends and translating them into opportunities that will help deliver true value to customers. A few decades ago, buying natural products was synonymous with being an activist. These product choices required a strong commitment to your values because they often meant making a sacrifice: in efficacy, desirability, etc. Natural products were expensive, they were hard to find and on top of that the products underperformed compared to their mass counterparts.
While brands used to be defined by a simple mark, a specific product, or an engaging advertising campaign, the proliferation of digital technology has enabled consumers all over the world to connect with their favorite brands in real-time, across multiple platforms, in new and ever-evolving ways.
For our clients, understanding how these consumer-brand connections may affect their future is what keeps them up at night, and it’s our job to help. Here are just some of the ways that brands are shifting the landscape of consumer experiences, as well as some opportunity areas for brands that are still looking to grow their experiential muscle.
Half a block away from our office in NY a new millennial mecca has opened. The place feels, tastes and visually screams millennial. It calls out to the hipster pilgrims and eternal youth seekers all across New York. The café opened this past June and the crowds started queueing almost instantly. The line hasn’t got any shorter since.
Why building a brand - instead of buying a logo - may be your key to success.
In a city filled to the brim with entrepreneurs, San Francisco is not always the easiest city for new businesses to stand out. Thousands of brands-to-be wilt on the vine every year, lacking in funding, grit, product-fit, VC connections, talent, you name it. But we’ve also noticed an emerging trend in the world of start-ups: the “so close but no cigar” scenarios. These teams have brilliant products and talent and network connections to lean on, but they fall just short of success. They are lacking in a certain magnetism and desire that helps them cross the finish line. And after working with hundreds of investors, VC’s and brands, more often than not, that missing piece of the puzzle is brand.
Where does luxury stand relative to popular culture? Although designers have always inspired the masses through their avant-garde, innovative creations, this purely top-down influence is now obsolete. Facing a crisis of legitimacy, luxury’s notorious conservatism has been drawing inspiration from the most public of spaces: the street and its modern digital components.
Last week was the Winter Fancy Food Show put on by the Specialty Food Association. For us here at CBA it’s a wonderful time to see what is happening in the world of food and beverage, as well as what new product trends we should keep our eyes on. It’s one thing to check out new designs online and quite another to see hundreds of samples in the crowded Moscone Center. From the thousands of vendors and brands present, we've identified 3 most notable trends that are soon to be dominating the world of food and beverage.
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