Transparency on the digital shelf means providing consumers with rich product data that goes beyond the label. Product data is how brand manufacturers will communicate the benefits of their product, how retailers will deliver personalized shopping experiences, and how consumers will find products that match their diverse needs and preferences.
With increasing consumer demand for transparency on the digital shelf, coupled with a changing food landscape, the need for product data to be created is at an all time high. Using Machine Learning and AI, Foodspace Technology has created an intuitive solution that scans and digitizes information directly from CPG product images, into data-sets that can be used across a manufacturers commerce channel. In today’s digital world, the investments that manufacturers make in getting a CPG product to launch will require that they provide rich product data to meet consumers at every digital touchpoint.
Shoppers have higher expectations for transparency when shopping online compared to in-store, according to a new study from FMI and Label Insight. Transparency Trends: Omnichannel Grocery Shopping from the Consumer Perspective, a follow-up to a 2018 report from FMI and Label Insight, found that transparency is important to omnichannel shoppers when shopping online.
The joy of cultivation and nourishment is the opportunity for a fruitful harvest. During our final interactive online learning experience on transparency, we will assess what our harvest is shaping up to look like – are our organizations meeting your customers’ desire for greater trust-building transparency? Participants will be introduced to The Transparency Index – The Standard for Trust, to form an organizational plan that can increase their harvest.
Just as farmers continually nourish the crops they cultivate, during this interactive online learning experience we will nourish our organizations’ ability to meet our customers’ and stakeholders’ desire for greater trust-building transparency about the foods they enjoy. Participants will operationalize the elements that define trust-building transparency – motivations, disclosure, stakeholder participation, relevance and more.
In the second of three webinars on transparency, you will find steps need to further embrace transparency; relay information beyond just ingredients; understand the specific needs of key shopper groups; meet the increased expectations of online shoppers; and track changing consumer preferences as this trend progresses.
The second installment of the 2018 Top Trends in Fresh webinar series, “Food Transparency and Social and Cultural Alignment,” discusses the progress made in some areas as well as opportunity areas for future growth.
Because today’s consumers want to know what’s in their food and where it comes from, the first webinar's focus was on “Food Transparency.” Transparency is more important than ever to consumers, so retailers who are on the forefront of marketing and merchandising these products grow sales up to 25 percent faster than average.