New technology has enabled food companies to create aggressive and successful customer loyalty programs, from the grocery programs we’re all familiar with to the new Starbucks mobile app, which facilitates brand loyalty through convenience. The value of loyalty to food companies is obvious: loyal customers equal consistent sales. A recent post by eminent coffee roaster… Continue reading <span class="meta-nav">→</span>
Here at MarketPlace, we often beat the drum in favor of greater transparency on the part of food companies. New York chef and restaurateur Frank Prisinzano is taking the principle as far as about anyone we’ve seen by posting critical reviews of his own restaurants to Instagram. Prisinzano’s reviews are relatively mild, but they do… Continue reading <span class="meta-nav">→</span>
Much like healthy foods for humans, healthy pet foods are booming. As increasing numbers of people view their pets as members of the family, they understandably seek out foods meant to support their health rather than simply buying the cheapest or most convenient food. Popular health features range from the generic “natural” to the inclusion… Continue reading <span class="meta-nav">→</span>
At MarketPlace, we pride ourselves on being not only a branding and business development firm but also experts in our chosen industries, including food + beverage. Most of the time, we put that expertise to work serving companies within our industries, helping them sell food products, ingredients, or sometimes appliances. Recently, however, we met with… Continue reading <span class="meta-nav">→</span>
A clean label: the aspiration of the formulator, the obsession of the food executive, the love of the marketing department. Consumer advocates and shifting tastes have pushed the industry toward ingredient statements that are simpler, shorter, and more comprehensible to ordinary consumers—in short, “cleaner.” In response, ingredient companies market their offerings as promoting a clean… Continue reading <span class="meta-nav">→</span>
With the support of the Obama White House, the FDA has proposed changes to the nutritional panel on food labels. The update will be the first to nutrition labeling since such labels were first required more than 20 years ago. The change comes as one of many new regulations designed to give consumers more education… Continue reading <span class="meta-nav">→</span>
Cast your eye down the pet food aisle at your local grocery store, or wander through the relevent section of a nearby pet store, and two label claims will stand out: “natural” and “super premium.” Pet foods from all brands—and at all price points—will lay claim to those designations, and since neither of those claims… Continue reading <span class="meta-nav">→</span>
I confess: I’m obsessed with tomatoes, particularly in the late summer and fall. Much of my summer has been dedicated to conducting a sustained defensive action against the local squirrels to preserve my plants—a war which, I am happy to report, I am currently winning. I come by this obsession honestly, as the third generation… Continue reading <span class="meta-nav">→</span>
It’s widely recognized that consumers are seeking more “green” options, from organic produce to low-footprint proteins. Retailers are stocking more of these products, making the sector one of the fastest-growing areas of the food business for farmers, distributors, and retailers alike. It’s a good time to be selling anything perceived to be green, and companies… Continue reading <span class="meta-nav">→</span>
As a category, functional foods is among the biggest trends in the food industry, as consumers seek products with added nutrition and food companies attempt to differentiate their offerings. For marketers, these products pose a challenge: talking about benefits which are often couched in confusing (or outright offputting) scientific jargon. Although many nutritional terms have… Continue reading <span class="meta-nav">→</span>
Smithsonian.com’s K. Annie Smith recently published a fascinating post on the improving market share of traditional instant or ready-to-drink (RTD) coffee. In the United States, those brands haven’t fared well recently; the rise of Starbucks and the specialty coffee trend have shifted consumer tastes in a more high-end direction, and capsule coffee brewers have captured… Continue reading <span class="meta-nav">→</span>
Food Safety Modernization Act Since the Food Safety Modernization Act (FSMA) was signed into law in 2011, the food industry has been faced with the prospect of greatly increased safety and transparency regulations. Today, those changes are still being rolled out—from much more frequent FDA inspections to stricter requirements for produce—and some regulations are still… Continue reading <span class="meta-nav">→</span>
At MarketPlace, we’re all about food, and for several of us that includes growing some ourselves. That means we have a more than passing familiarity with the old-fashioned seed catalog. These catalogs go back to the seventeenth century in Europe, with the first American version established in 1784. Since that time, seed companies have expanded,… Continue reading <span class="meta-nav">→</span>
Specialty coffee is one of the biggest recent trends in beverages. Over the last couple of years, the sector has seen the founding of a new consumer-facing publication, a hot startup mail-order service, and numerous local and, increasingly, national roasters and coffee shops. Specialty coffee has gained something like the culture surrounding wine and craft… Continue reading <span class="meta-nav">→</span>