Each show now features more than 1,000 exhibiting companies,
hundreds of new product introductions, dozens of educational seminars and more miles of aisles than most buyers can traverse in three days.
What I find particularly concerning is the fact that the reported sales growth — while impressive — was outpaced by the rate
of new product introductions in this segment of the food category.
Risks associated with the Consumer Discretionary sector include, among others, apparel price deflation due to low - cost entries, high inventory levels and pressure from e-commerce players; reduction in traditional advertising dollars; increasing household debt levels that could limit consumer appetite for discretionary purchases; declining consumer
acceptance of new product introductions; and geopolitical uncertainty that could impact consumer sentiment.
In fact, a recent
survey of new product introductions of savory snacks, conducted by global product research group Mintel Inc., revealed an increase of 18 % in the year between 2014 - 2015.
«It is very useful when you are thinking about how (with) any
kind of new product introduction, probably the company is not hoping to completely kill any other company,» Bezos said.
With over 25 years in the
area of New Product Introduction within Development, Operations, Manufacturing and managing product Insourcing / Outsourcing, I bring extensive organizational experience and knowledge in launching new products for companies.
In the
case of new product introductions, it currently takes Retailer Sellsmart 90 minutes to collect, key in and validate all relevant item information for each new product.