Despite , inflation has consumers more than ever.
And the brands that are winning folks鈥 hard-earned cash? Well, they鈥檙e the ones that are most trusted or most creative.
Here the retail strategies you need to know.
| 馃憠 ICYMI, here鈥檚 what happened in April. |
Band-Aid ranked #1 on for the second year running (out of ~1,500 brands). The Johnson & Johnson-owned brand holds this top slot on both the US and worldwide rankings.
Other top runners on the US list include:
But how much consumers actually trust these brands depends on which generation they belong to.
The average trust among US adults was 20 points. Gen X and Baby Boomers have the most confidence in brands on this list (22 points). Millennials second most (just below average).
And Gen Z? Well, they don’t seem to trust anyone (11 points).
Perhaps this is because the young generation hasn鈥檛 had time to build trust with brands. Or maybe they’re just jaded.
Regardless, one thing’s for sure: Corporate America has its work cut out to win over the most economically powerful generation to date.
| 馃た Dive deeper: A data-backed cheat sheet for marketing to GenZ. |
Dupes are having a heyday. And , the athletic-wear brand that often gets duped, isn’t having it.
At Century City Mall in LA, the popular legging brand held its first-ever “Dupe Swap.” During the 2-day event, ~1,000 people traded in their knockoffs for Lululemon’s bestselling $98 Align leggings. (Some folks even camped out overnight for their free pair.)
Trust us, no one is missing their dupes. Align Legging Dupe Swap is back tomorrow at Century City Mall in LA, while supplies last.
As far as Lululemon is concerned? The event was worth every penny. Half the people who attended the event were new to the brand, and half who participated were GenZ.
Not to mention that the activation allowed the company to showcase its “superiority in this space” by allowing people to put its product to the test, per , Lululemon’s chief brand officer.
Plus, it led to lots of for the cult-favorite retailer.
| 馃摑 Note |
| To simplify inventory management for the event, the team gave out only one SKU: the black 25″ Align leggings. And they stocked all sizes, using sales data from North American stores to inform quantities. |
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And Anthony DiSilvestro, CFO of Barbie’s parent brand Mattel, has commented that the movie tie-in is , with gross margins expected to reach 47% by EOY (up from 45.9% in 2022).
Chances are good partner brands see a similar financial lift.
Graza is taking the next logical step in its micro-influencer strategy: restaurants.
So far, the squeezable olive oil company has partnered with several hyper-trendy New York City favorites to host one-off pop-up events and produce special items.
Think: A calzone pop-up at , sharing a crowd-favorite recipe from and hosting a dinner party with .
This activation strategy gives strong circa 2015鈥2016 vibes.
(Oh 鈥 and these partnerships are on top of a huge wholesale deal that gets Graza’s olive oil into every across the US, by the way.)
| 馃た Dive deeper: Graza鈥檚 micro-influencer launch strategy. |
(The to allow plant-based milks to actually call themselves “milk” is likely fueling this beef.)
The wood milk project, however, as people called out milk’s environmental impact. And Oatly is instigating.
In its latest marketing shenanigans, the oat milk brand has offered to for dairy brands.
All a milk company has to do is reveal its climate footprint by filling out 70+ questions. This survey is the same one Oatly took before adding its carbon footprint to its product packaging.
Why? Because it’ll likely make oat milk look better despite Oatly’s own . (Alternative milk fewer resources and produces lower emissions than cow milk on average.)
But that’s only if a dairy brand actually takes Oatly up on this offer.
In Early May, Amazon optimizing its logistics for speed and cost.
These efforts included removing 12 touchpoints from the fulfillment process and offering customers $10 to pick up their order rather than deliver it to their homes.
However, despite these optimizations, the speculates that the network is still subject to “an under-appreciated vulnerability.” This is due primarily to explosive growth.
With so many warehouses and delivery fleets, Amazon’s vast scale makes it easy for workers to shut down operations at key sites, a form of protest called “choke point organizing.”
But this month, warehouse workers and drivers didn’t make headlines for picketing; Amazon’s corporate workers did.
On May 31, hundreds of Amazon employees , citing a “lack of trust” in leadership. The biggest frustration? The company’s return-to-office mandate and greenhouse gas emissions.
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Think we missed something major? Have the tea on an upcoming story?
Drop me a line at lo@cogsy.com 鈥 and I’ll see about working it into June鈥檚 Monthly Retail Recap.