Our New 2-Speed Marketplace
Manage episode 477172950 series 3619202
In this insightful episode, Kiri Masters analyzes data from Momentum Commerce that reveals a fascinating "frugal frenzy" emerging across Amazon's marketplace. She explores how consumers are simultaneously stockpiling products like baby formula (up 26 times week-over-week) while becoming increasingly price-conscious, with average selling prices among top sellers dropping 0.8% year-over-year. The episode highlights a clear divide between value-driven categories where consumers are trading down to cheaper alternatives (like diapers) and emotion-driven categories like pet care and makeup where premium pricing remains resilient despite economic concerns. Kiri provides strategic guidance for brands navigating this complex consumer landscape, suggesting different approaches depending on whether products fall into functional or emotional purchase categories.
Link to Kiri's blog post discussing the same: https://www.retailmediabreakfastclub.com/p/c3bfeb51-dc46-45e8-976c-036c6a4c4328/
Source of Data discussed in today's episode: https://www.momentumcommerce.com/
PRODUCED BY:
CHAPTERS:
(00:00) About Today's Topic
(02:27) About the Show
(02:47) Price Trends Analysis Introduction
(03:59) Diaper Category Insights
(05:24) Panic-Buying Behavior Patterns
(06:11) Emotional Purchase Categories
(07:09) Brand Strategy Recommendations
(09:52) Outro
SOCIAL LINKS:
Website: https://www.retailmediabreakfastclub.com
LinkedIn: https://www.linkedin.com/in/kiri-masters/
YouTube: https://www.youtube.com/@retailmediabreakfastclub
Apple: https://podcasts.apple.com/us/podcast/retail-media-breakfast-club/id1782187624//
Spotify: https://open.spotify.com/show/3s5MuqcrsOmQDKn3uMYJKb
75 episodes