Quietly Reliable: Low-Income Consumers Offer Brand Security to Food Manufacturers
Apr 25, 2001, 01:00 ET from Promar International
ALEXANDRIA, Va., April 25 /PRNewswire Interactive News Release/ -- The low-income consumer in the United States is a prime candidate for the brand building efforts of food manufacturers, according to consulting and research company Promar International. "While food and beverage executives have reason to wring their hands over the growing numbers of here-today and gone-tomorrow customers, they have flatly ignored a brand champion within their reach. That is, the low-income consumer," says Don Westfall, Promar vice president. Building bridges to low-income consumers is a wise choice, he notes, that can be justified by their numbers (roughly 115 million in total with incomes below $40,000 for a family of four), and a willingness to reward companies that make good on their products and promises. Precisely how food companies should foster enduring relationships with this audience is the premise of a Promar study, "THE UPSIDE OF DOWNSCALE: Marketing to low-income US food consumers in the decade ahead". "It's certain that increased attention will be paid to low-income consumers," remarks Westfall. "American Demographics magazine, for instance, has pointed out that America's lower middle class is seeking value, as opposed to cheap products. This defies conventional wisdom and should have marketers re-thinking -- if they've been thinking about it at all -- how to connect with these consumers today and into the foreseeable future." Promar's study closely examines the food preferences of low-income consumers and the factors likely to influence their food choices over time. It then goes on to outline strategies that take into consideration the unique retail, pricing, and branding considerations of this market. Study details, including a table of contents and sample pages, are available in Adobe format at: http://www.promarinternational.com/Brochures/LowIncomeConsumerwsamples.pdf About the Company: Promar International is a global consulting and research company specializing in strategy development for food and beverage companies. For more information, please visit our web site at http://www.promarinternational.com or contact: Kurt Redenbo Director, Business Development Promar International 1625 Prince Street, Suite 200; Alexandria, VA 22314 USA kredenbo@promarinternational.com or 703-739-9090 MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X19405706
SOURCE Promar International
ALEXANDRIA, Va., April 25 /PRNewswire Interactive News Release/ -- The low-income consumer in the United States is a prime candidate for the brand building efforts of food manufacturers, according to consulting and research company Promar International. "While food and beverage executives have reason to wring their hands over the growing numbers of here-today and gone-tomorrow customers, they have flatly ignored a brand champion within their reach. That is, the low-income consumer," says Don Westfall, Promar vice president. Building bridges to low-income consumers is a wise choice, he notes, that can be justified by their numbers (roughly 115 million in total with incomes below $40,000 for a family of four), and a willingness to reward companies that make good on their products and promises. Precisely how food companies should foster enduring relationships with this audience is the premise of a Promar study, "THE UPSIDE OF DOWNSCALE: Marketing to low-income US food consumers in the decade ahead". "It's certain that increased attention will be paid to low-income consumers," remarks Westfall. "American Demographics magazine, for instance, has pointed out that America's lower middle class is seeking value, as opposed to cheap products. This defies conventional wisdom and should have marketers re-thinking -- if they've been thinking about it at all -- how to connect with these consumers today and into the foreseeable future." Promar's study closely examines the food preferences of low-income consumers and the factors likely to influence their food choices over time. It then goes on to outline strategies that take into consideration the unique retail, pricing, and branding considerations of this market. Study details, including a table of contents and sample pages, are available in Adobe format at: http://www.promarinternational.com/Brochures/LowIncomeConsumerwsamples.pdf About the Company: Promar International is a global consulting and research company specializing in strategy development for food and beverage companies. For more information, please visit our web site at http://www.promarinternational.com or contact: Kurt Redenbo Director, Business Development Promar International 1625 Prince Street, Suite 200; Alexandria, VA 22314 USA kredenbo@promarinternational.com or 703-739-9090 MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X19405706 SOURCE Promar International
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