Innovation fuels spirits growth — but it also raises the stakes. Over 56% of spirits innovation spend comes from new brands (vs 21% in total grocery, Kantar). Great for growth, but it means standing out at the shelf has never been tougher. 👉 The brands that win are those who: Maximise points of difference (PODs) Align with shopper missions (spirits are mostly consumed post-8pm, vs beer/wine at lunchtime) Build propositions retailers can’t ignore The question isn’t should you innovate — it’s how you make your brand unmissable. 💡 How are you finding points of difference in your spirits ranges right now? In 60 minutes, we’ll show how to: • Quantify on-shelf attributes shoppers actually see • Target missions that convert (evening > lunchtime in Spirits) • Build evidence buyers shouldn't ignore 📅 Thu 18 Sept • 2:00 PM (UK) 🔗 Register: https://lnkd.in/dKm-4GfR #Spirits #CategoryManagement #ShopperInsights #Retail #NPD #Innovation
Innovation is a key driver of growth and penetration within the spirits category, with over 56% of spend on innovation coming from new brands (MAT to Feb 25, Kantar) compared to 21% for the overall total grocery market. This does pose a challenge for brands in this space – the volume of new brands means standing out at the point of purchase within specific sub-categories will be more challenging. Innovation is also a key motivator for buyer engagement as retailers look to compete for shopper spend vs their peers. Therefore, it is important to maximise your brand and range’s points of difference (POD) to demonstrate the value you are going to bring to the category and win that space potentially. One method of doing this is by targeting certain shopper missions relating to the category – for example, more spirits are drunk in the evening/post 8 pm than any other alcohol type and significantly less is drunk at lunchtime vs beer, wine etc… this is one route to defining a pathway highlighting points of difference – so for example you could look at positioning, ingredients, customer types when creating your brand and product positioning, focusing on these elements relating to an evening daypart. How do you look for points of difference in your spirits range? We would love to hear your thoughts and explore this further with you. (After all, it could be the difference between winning and not winning a listing!) Join our RESolution webinar to see how we quantify shopper-valued attributes on shelf (Spirits case study). 📅 Thu 18 Sept • 2:00 PM (UK) 🔗 Register: https://lnkd.in/e4_CjF26 #Spirits #CategoryManagement #Shoppers #Shopperinsights #Retailers #Supermarkets #Alcohol #pointsofdifference #brands #category #NPD #Innovation #pointofpurchase #shoppermission #shopperneeds #penetration Alexis Philippidis RESolution - Range Enhancement Solution