The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreSep 2017
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This report is an update on how the Personalise It trend, identified in Euromonitor’s Top 10 Global Consumer Trends for 2017, is progressing. It examines how more brands are incorporating personalised aspects into their products just as new data gathering techniques can give product awareness campaigns a better fit with shopper interests.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Personalisation in FMCG as well as luxury items, will endear your brand to consumers and even encourage elusive consumer loyalty. At a time when a more considered shopping style is in fashion, ‘things unique’ and the ‘shopping experience’ all count for consumers.
The sustained consumer interest in subscription services can be seen as evidence of the greater interest in a more personalised purchasing style as it meets diverse consumer needs such as an appreciation of healthier living, convenience and novelty. The personalised approach of subscription services also complements the shift towards prioritised spending.
Tech developments in manufacturing and distribution are enabling producers of mass-produced goods to incorporate personalised elements into what they sell to increase consumer appeal, at a time when consumption with a more individualistic style is celebrated.
The whole sphere of ‘inbound marketing’ built to appeal to onliners with information that is interesting and relevant to them, and facilitated by technical advances, is based on a more personalised form of outreach that focuses on consumers rather than product sales. The knowledge gleaned from consumer tastes and already reflected in website navigation design can be harnessed by brands to help them tailor what they are promoting to current and future clients, enticing the ‘right consumer’ with the ‘right content’ that engages them, and so is more likely to turn visitors into customers.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.