People love amusement parks. They’re a fun experience to share with family and friends. Even so, it’s getting hard for a park to compete with ubiquitous electronic amusements, let alone other parks. They’re having to step up their game and crank the thrills to eleven with regular investment in top-notch attractions. But bankrolling a world-class coaster or expansion isn’t easy, and operators are turning over every couch cushion to find new sources of revenue.
June 1, 2018Ever had an electronic piece of equipment that was awesome – until it broke? When electronics or appliances fail, most repairs must be carried out by a repair shop that has been authorized by the original equipment manufacturer (OEM), usually using OEM parts – otherwise, any warranty attached to the product will be voided. Because most customers want to preserve their warranty, OEMs possess considerable insulation from threats of competition in both the service and replacement parts markets.
July 18, 2018Fast fashion – the trend toward selling clothing featuring the latest designs to consumers as quickly and cheaply as possible – has long been the driving force in the apparel market. To the annoyance of many consumers, two consequences of this trend have been that clothing has become less durable and less unique.
October 11, 2017This blog is based on the Packaged Facts reports Dairy and Dairy Alternative Beverage Trends in the U.S., 3rd Edition and Hispanic Food Shoppers in the U.S. Purchase your copies for more insights. Over the last couple of years the big story in the dairy milk vs. plant milk competition is the extraordinary growth of almond milk. Dollar, volume, and unit sales of almond milk have all increased at double-digit rates the expense of dairy milk as well as by taking sales away from soy milk, which no...
June 23, 2015The past decade has seen a dramatic increase in the number of Hispanic pet owners in the United States. Between 2007 and 2016 the number of Latinos with pets in their homes skyrocketed from 11.4 million to 20.4 million as the pet ownership rate among Hispanics grew from 40% to 55%.
January 3, 2017Marketers and retailers have long recognized the exceptional role Hispanic consumers play in their growth strategies. Sheer numbers are one reason. Yet, Hispanics embody far more than just an extraordinarily fast-growing population segment of the American population. They now represent a market with outsize spending power that will only continue to grow in the future.
November 28, 2016Instacart, a grocery delivery venture, backed by Sequoia Capital, has been getting a lot of press lately. And it’s no wonder that this grocery shopping startup, powered by personal shoppers, is also getting funded for big growth. It has its sights set on battling head-to-head with emerging competitors and big e-commerce players, such as Amazon. Rise of the digital pluckers Whether it’s Uber, a similar 50-city taxi service that uses contract personal drivers ordered through an online or app-b...
January 30, 2014http://www.simbainformation.com/Opportunities-PreK-Educational-9078266/
August 5, 2015US beer demand is forecast to reach 6.6 billion gallons in 2021. Rising disposable personal income levels will stimulate consumer spending on beer. However, over the 2006-2016 period, demand for beer in volume terms fell at an average annual rate of 0.3% as the market matured and beer lost market share to other alcoholic beverages, especially among key demographics including baby boomers and millennials.
August 28, 2017The Baby Boomer generation is becoming a focal consumer population for the food industry and it’s a sophisticated one. This generation accounts for 44% of the households with incomes over $75,000, so discretionary spending is much greater than for younger consumers. Food marketers have been obsessed with Millennials as of late, but more than a third, or 36%, live at home with parents according to Pew Research. Baby Boomers, as a mature consumer group, are statistically more affluent and well-p...
January 18, 2014