Why the Super Bowl is a Touchdown for Retail

January 31, 2018

Why the Super Bowl is a Touchdown for Retail

Are you ready for some football?! The underdogs, the Philadelphia Eagles, are gearing up to take on the reigning champs, the New England Patriots, for Super Bowl LII.

Super Bowl Means Super Business

Countless Americans are rushing to the grocery store to devise a game plan of what food they are planning to prepare for the big game. NRF expects an average of $15.3 billion will be spent over Super Bowl weekend, an increase of 8.5% compared to last year (NRF, 2018). With those kind of numbers projected to be spent, is your brand exploiting all opportunities to score a touchdown?

Are The Foodservice & CPG Industries Ready For The Blitz?

It’s primetime for industries looking to capitalize off of the Super Bowl phenomenon. Television deals, sports team apparel, food specials, you name it, companies are scrambling against the play clock to get consumers to open their wallets.

American adults are expected to spend an average of $81 per person, primarily spending it on food (NRF, 2018). This time of year is crucial for food, beverage, and consumer goods companies, so why not take advantage of it. The big game isn’t the only thing fans get excited for, there is equal anticipation for the ads and commercials that companies go all out to market, spending an average of $5 million for a 30 second spot.

Though, rather than spend that absurd amount of money, companies should allocate their strategy to the shelves and grocery aisles and get their products where consumers are most likely to see it. Don’t fumble your money, set yourself up for success and win your consumers on the path to purchase with trusted product content!

Outsmart Your Opponents With The SmartLabel Transparency Initiative

As a single source of truth, SmartLabel has revolutionized the way consumers shop today. We can now access thousands of food product descriptions and information including allergens, specific ingredients and nutritional information through a QR code at the touch of our fingertips.

SmartLabel has provided an innovative and effortless way for shoppers to know exactly what goes into the food they’re buying. With nearly two-thirds of American adults owning smartphones, 75% of of consumers said they would be likely to use SmartLabel™(GMA, 2016).

Moreover, SmartLabel strives to provide truthful and accurate product information that can be delivered directly from companies to the consumer. Super Bowl Sunday is the perfect opportunity for Foodservice and CPG companies to get their product content updated to SmartLabel and ready to meet consumer needs.

Get Your Products To The Line Of Scrimmage And Score With 1WorldSync!

Today’s cross-commerce world demands accurate product content at virtually every touch point of the customer journey. Helping more than 25,000 global brands and retailers in 60 countries, 1WorldSync enables organizations to manage all their product content in one solution to support the content creation, management, validation, syndication and discovery of your products ultimately them more shoppable, extend brand equity and enable global compliance and transparency.

 

References

  1. https://nrf.com/resources/consumer-research-and-data/holiday-spending/super-bowl
  2. https://www.gmaonline.org/issues-policy/health-nutrition/smartlabeltm-consumer-information-transparency-initiative/