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WHO:
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Thom Blischok– President, Consulting and Innovation, Information Resources, Inc.
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WHAT:
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Shoppers are continuing to lose confidence due to eroding property values, rising credit card debt, unprecedented swings in energy and commodity prices and an unsettling employment picture. However, shoppers are adapting and are creating specific strategies to survive. They are planning how and where they shop, how they use products and are becoming more self reliant to meet their budgets. To compete in this transforming economy, retailers must understand the role their stores play as shoppers search for affordable solutions. Retailers also have the opportunity to work with manufacturers to ensure product offerings meet the range of shopper needs while leveraging their own brand halo to create solutions through private brands. Industry thought leader Thom Blischok will help retailers translate their knowledge of shoppers’ behavioral changes into strategies and actions that drive growth and profitability during his Webinar, “Call to Action: Rethinking Shopper Behavior in a Transformational Economy”
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WHY:
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Without question, the current economic climate is creating significant changes in shopper behaviors and is projected to do so for the foreseeable future. Consumers are quickly becoming “strategic shoppers” by necessity. They are buying less, buying what is only needed, and sticking to a budget. Evolving consumer needs and lifestyles are changing the shopping trip and inspiring new products, store formats and services. So, how can retailers keep pace with today’s changing shopping behaviors? Blischok’s Webinar will provide a deep understanding of shopper insights through groundbreaking IRI research and shopper insights that will empower retailers to not only compete, but win in 2009.
Blischok’s Webinar will address such critical questions as:
- How is shopping behavior changing in 2009?
- How can retailers rewire their merchandising and marketing efforts to effectively compete?
- What cost-cutting methods are shoppers using to stretch their dollars?
- Are private brand products becoming more popular in the recessionary economy?
- What behavioral changes will flourish in 2009?
- Are these changing shopping behaviors and rituals permanent?
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WHEN:
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June 23, 2009, 11:30 a.m. – 12:30 p.m. CT
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WHERE:
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FMI Call-to-Action Webinar
To register, please visit:
http://fmi.org/events/futureconnect/2009/education/index.htm
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About IRI
IRI is the world’s leading provider of consumer, shopper, and retail market information, insights and decision solutions to 95 percent of the FORTUNE Global 500 consumer packaged goods (CPG), healthcare and retail companies. Only IRI offers the unique combination of integrated market and shopper information, automated analytics and predictive insights, innovative technology, and domain expertise. With IRI, leading manufacturers and retailers are able to drive their growth by quickly discovering breakthrough insights, making smarter decisions, taking faster actions across the enterprise, and achieving breakthrough results. Companies around the world depend on IRI for technology and solutions that enable brand building, successful new product launches, consumer-driven merchandising/retail execution and consumer and shopper relationship management. For more information, visit http://us.infores.com.
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IRI CONTACTS:
John McIndoe
E-mail: john.mcindoe@infores.com
Phone: (312) 474-3862
Fax: (312) 726-1091
Shelley Hughes
E-mail: shelley.hughes@infores.com
Phone: (312) 474-3675
Fax: (312) 726-1091