Consumption increase of 2% a year until 2020 seen outstripping rest of world
U.S. demand for coffee is set to outstrip the rest of the world until 2020, as lagging economic growth in other major markets drags on consumption, according to the International Coffee Organization.
Coffee consumption is expected to grow at 2% a year until 2020 in the U.S., the world’s largest national coffee market, a spokesman for the London-based ICO said last week in an interview. By contrast, it expects global consumption to grow at 1.3% a year.
“We’re seeing surprising growth in the United States,” said spokesman Vicente Partida.
Continue reading “American Demand for Coffee Continues to Grow”
Retail senses encompass the five basic areas: presentation, price, quality, availability and location. Automated retailing has some advantages in many of these areas – especially if you work with a premier automated retailing solutions provider that understands these factors of purchasing decision making.
Immersed in a variety of different brands and products, presentation and engaging consumers is essential. In-store merchandising has the key advantage of obtaining instant buy-in, many times by consumer testing. Test products allow consumers to explore and interact with the size, shape and color of a handful of products or services. Customers are more likely to create a connection with a product by touching and experiencing it first-hand. According to a four-part study done by the Journal of Consumer Research, touch “results in an increase in perceived ownership of [an] object,” (Peck, Shu 2009) which according to the Harvard Business Review, “[drives] must-have purchase decisions.” (Williams, Ackerman 2011) So, by allowing the customers to make the connection of physiological ownership with the product, the probability of purchase is heightened. Continue reading “The 5 Retail Senses”
MagexUSA, an Alps Innovations Group company, has introduced the Colosseo vending machine, which boasts a double internal stocking system that accommodates 12 shelves of varying heights. A robotic transport systems moves products from shelves to a dispensing area.
Photosensors are able to recognize products and verify dispensing. For high-value items (smartphones, tablets, printer cartridges, watches, cameras, videogames and clothing, for example), special microchips can be added, boosting security and ensuring validation. The Colosseo also has a self-diagnostics system that checks the operating status of the column before disbursement of any product.
Standard features include camera, speakers, infrared anti-vandal touchscreen, integrated high-speed industrial computer with dual core, shatterproof glass and temperature control with recording. Additionally, the machine can host Web chats to provide customer assistance in real time.
Alps develops custom vending machines made by Italy’s MagexSRL. The company in August announced the debut of the Alaska glassfront frozen vending machine.
For more information, visit: www.alpskiosks.com
Trillions of dollars of consumer spending have, historically, depended on a few steps. A shopper learns about a product, considers whether to buy it, decides to do so, goes to a shop. If he likes it, he may buy it again. Marketers have long obsessed over each step, and consultants have written treatises on how to nudge people along. E-commerce is already changing the process, but now retailing gurus are imagining a future in which shopping becomes fully automatic.
The idea is that a combination of smart gadgets and predictive data analytics could decide exactly what goods are delivered when, to which household. The most advanced version might resemble Spotify, a music-streaming service, but for stuff. This future is inching closer, thanks to initiatives from Amazon, lots of startup firms and also from big consumer companies such as Procter & Gamble (P&G). Continue reading “Experiments in automated consumption”
While traditional value drivers—price, taste, and convenience—continue to be the most important influencers of consumer shopping behavior, Americans also weigh “evolving drivers”—health and wellness, safety, social impact, experience, and transparency—in their food purchasing decisions. Perhaps nowhere are these evolving drivers more inherently perpetuated than in the thriving market for natural and organic foods and beverages, finds market research publisher Packaged Facts in the brand new report Natural and Organic Foods and Beverages in the U.S., 5th Edition. Continue reading “Natural & Organic Retail Foods and Beverage Market Hits $69 Billion”
Many people with heart failure are advised to avoid coffee because of fears that caffeine might provoke an arrhythmia. Now a rare example of a randomized controlled trial in the field offers some assuring evidence that these patients can safely drink coffee.
The health effects of coffee have been the subject of considerable debate, including wildly disparate views suggesting that coffee may be either beneficial or harmful. But the field has been hampered by the absence of high quality, randomized controlled trials with clinically relevant endpoints. In their absence observational studies have been used to support a wide variety of positions. Much of the debate has centered on the role of caffeine. Now a small randomized controlled trial sheds light on the effect of coffee in an important patient population. Continue reading “Caffeine Study Gives Heart Patients Green Light To Drink Coffee”