Recession or mutation? Post-recovery appeal of major consumer brands
Daniel Tixier
Australasian marketing journal, 2010, vol. 18, issue 3, 183-185
Abstract:
This article questions whether once the world recovers from the Global Financial Crisis of the late 00’s, major Fast Moving Consumer Goods will return to the same playfield as before. If the GFC is essentially riding a recession, marketers and retailers could expect their old successful approaches to the consumers to work again well. If the GFC is essentially revealing a hidden and ripening mutation of the socio-economic environment which once having come out will not go back in hiding, then the marketing world of FMCGs will have durably changed and marketers, both on the manufacturing and retailing fronts, will need to deeply change their approaches to the consumers’ pocketbooks. The article contends that a mutation is indeed what the world is currently living through.
Keywords: Marketing of FMCGs; Socio-economic mutation of consumption patterns; GFC and structural changes (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eee:aumajo:v:18:y:2010:i:3:p:183-185
DOI: 10.1016/j.ausmj.2010.06.003
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