What’s supplementing you?

Supplements. They’ve always been around. In recent times they have been more consciously sought than doctor recommended. According to Frost & Sullivan, the market for nutritional supplements in immune health alone is estimated to reach 1.1 billion in 2016.
I’m reminded of a powerful quote by a former supervisor that stuck with me: “Drug companies have taken the market and exploited it, blown it up to the point where people can’t get through a day without relying on a product. There will come a time they’re on the stands defending their case and when that happens, they’ll make tobacco companies look like choir boys”.

supplement aisleIn this scenario of saturation and heightened consumer awareness, it has become more challenging for brands to defend their existence and differentiate from competition. Some take-aways that might help:

Starting young: Healthcare and nutrition have always sparked the interest of a wide and diverse Canadian audience. It’s not just the baby boomers that are intrigued by the subject though; the millennials are now leading the ‘healthcare consumerism’ revolution and have been known to be “supplement-savvy” as this article puts it. Very often, mitigating the guilt of poor dietary choices is behind this trend. What it means for brands: Might be interesting to break traditional category codes in packaging, use consumer-friendly language and state benefits upfront to help the purchase journey. Take a cue from the very successful Vitamin Water.

Wellness is the new healthy: The language of health is transitioning from treatment to prevention. It’s gone beyond just the yoga and smoothie culture, to the consumption of supplements like CoQ10 (for heart health) and probiotics and it has every healthcare giant manufacturing their brand of it in different formats and flavours. No jokes, CoQ10 even comes in a lip balm. What it means for brands: Differentiating is key. It might also be worth considering alternate sampling and retail environments besides the boring drug store.

Maple Life's Vegan Calcium at the CHFA show, 2014

Maple Life’s Vegan Calcium at the CHFA show, 2014

The rise of the conscientious label-reading consumer: Easy access to medical research and an interest in taking control of their health has led to consumers being more informed, conscious and aware of what they choose to ingest. What it means for brands: You can be sure when scouring the drug-store aisles, your consumer is not just picking up the first multi-v bottle they see – he or she is turning it over to see if it’s organic, vegan, gluten-free, non GMO. During my recent stint with Innovite Health, I was asked a bunch of these questions when sampling product at the Cardiac Health Association’s Walk of Life event. Naturally sourced is also a huge draw.

While the supplement-taking market continues to grow, there is still a sizeable, healthy population that does not rely on any simply because they haven’t found the need for it or require further guidance. There’s an opportunity here for brands to educate and inform this untapped market.

The supplement shelf is vast and cluttered and there continues to be a need for brands to disrupt category norms, innovate through technology and simplify the decision process – through both online and brick and mortar channels.

So, how are you picking out your supplements?

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I’d like some veggies with my vitamins

Thoughts on Shoppers Drug Mart now carrying fresh foods.

With the purchase of Shoppers Drug Mart by Loblaws, a recent test to sell fresh foods at thestore_ShoppersDrugMart drugstore chain has been underway. This won’t be the first time a store attempted to straddle categories and stock a wider array of goods than their core. After all, Canadian Tire sells kitchenware and car audio under the same roof. Alot has been written about whether this will be a success or fall on its face. Primary benefits being – SDM is open late hours, some even 24/7 and the chain is known for good quality. So I guess if you feel like grilling some sirloin at 2am, Shoppers is your best bet.

Trying to get people to buy fresh food at a chain associated primarily with medications might be a bit of a stretch although critics say it could be done. Packaged foods, sure. Frozen foods, could (maybe) work. Fresh foods? I think that crosses the line. Starting off with the obvious question of “how are you different from the competition?”. Walmart for instance – is open late hours and specializes in being a one stop shop, with unbeatable prices.
While trial and error might be the way to go when it comes to retail, there are a couple of consumer insights as to why the brand would be wise to leave fresh with Freshco or in this case, Loblaws.

  1. Medication is the motive, fresh foods might be happenstance
    Yes, Shoppers stocks alot more than prescriptions. However, the consumer mindset when walkfresh veging into a Shoppers Drug Mart is to walk out with either medicine, toiletries or a bag of chocolate to feed a late night craving. While I’m there, sure I might pick up a bag of cherries if its being sold, but that’s not what I’m going in there looking for. Also, Shoppers is an in and out kind of place – not a Loblaws, where one stops to browse. Shoppers is more like a QSR trying to enter the sit-down restaurant category. They don’t have the physical space (not all locations) nor the brand positioning to be viewed as a meat and veggie retailer.
  1. buying meatsConvenience’ and ‘fresh’ don’t jive
    Shoppers is known for convenience. It’s the place you can count on at midnight when you’re out of green tea and can’t fall asleep. Or if you’re in a hurry and can’t deal with long line-ups that Walmart is sure to have. However, when it comes to fresh foods, there’s a defined pause in your aisle browsing. You have to stop to examine the bananas and check the meat’s texture to lb. ratio. There’s a disassociation there that might be difficult to overcome.
  2. Credibility countsorganic
    Today’s label-reading consumer is conscious of what they consume. Non GMO, free range, certified organic and grass-fed are terms actively sought. Sure this might not be the market Shoppers is interested in, but if they did carry these products, how much credibility does a drug chain have in this department?
  3. Brand stretching and risk of failure
    The fresh foods category is always going through product recall, especially meats and vegetables. If Shoppers aims “to be the leader in helping Canadians discover a healthier outlook on life” as per their mission statement – I believe it’s important to steer clear of categories that could damage this reputation.

The rules of retail are always changing and what might seem illogical, sometimes gets adopted as the new normal. As Martin Lindstrom says in his book ‘Buyology’: “But like it or not, all of us consistently engage in behavior for which we have no logical or clear-cut explanation.”

I might be over thinking this one, but I’d love to hear your views and perceptions. Will tonight’s steak and potato dinner be picked up at your local drug store?

Capitalizing on Piracy: turning a bad word into a useful arsenal

Its been done for eons now. My first tryst with piracy was before I even knew it had a name or was perceived to be a bad thing. As kids in school we were always compiling music CDs for each other – the source was usually a friend with a speedy internet connection who downloaded it off a torrent.

Not too long ago, getting content to an audience slowly started to become more important than monetizing it right away. The shift began with independent artists streaming their music online for free and encouraging listeners to pay what they could to download it.

Cut to 2013 and the era of Content being King. In the music world, it’s fast revamping the business model. Piracy implies getting something through illegal means/without paying for it – well, what if you remove the ‘illegal’ tag? It suddenly makes the act less enticing. Amanda Palmer says it beautifully in her TED talk, where she states “Don’t make people pay for music,let them”. The industry is moving from making people pay for content to allowing them the choice. It’s the best way to disarm the monster. Justin Timberlake for example, decided to stream his new album 20/20 online for free before making it available for purchase in stores. The zeitgeist has forked the business model – there’s now the free and the paid. And free isn’t hurting anyone’s bank account. If anything, allowing people to have something for free is turning passive listeners into supporters who sometimes choose to buy an album to show support for the artistDonating = Loving

It isn’t just the music industry that has realised this. HBO recently publicly declared that they consider piracy a form of flattery. Game of Thrones is among Pirate Bay’s top torrent download and the producers of the show aren’t afraid of it harming sales.

The obvious benefit is effective marketing and spreading to a wider audience base, but it also ups the pressure on content creators to increase perceived value of their offering.

What does this mean for branded content in other categories? I don’t have definitive answers, but here’s a few points to ponder:

– Hustlers inc: When you put the illegal tag on something, the offering becomes that much more sought after and knowing how to get it gives you social brownie points. In other words, holding back makes the offering sweeter for those who find a way to get it.

– Free for friends and family: Giving away something valuable for free makes people feel closer to you…you’ve invited them into your circle and made them a friend. This isn’t the same as promotional chachka, the consumer can tell the difference.

-Vulnerability is in: How can you let people support your brand? Showing vulnerability is one way of humanizing your brand and connecting with people. Like Amanda Palmer,like reddit or wiki, it’s okay to let people see you’re vulnerable and could use the monetary support. What incentive are you giving people for them to offer up some scrilla? (without expecting it as a given)

What once started out as a barter system of money for content is slowly evolving into an honour system, one that encourages the end user to come forth, be part of the creation process and make a contribution out of choice. The traditional purchasing model isn’t going anywhere, and shouldn’t either but maybe accepting piracy as a parallel model and embracing it won’t be such a bad thing. Thoughts?