Insights from Aisle Five
Products & Solutions Insights Training News & Events Clients About Careers Contact
Home » Archive by category 'Collaborative Shopping'

Archive for the ‘Collaborative Shopping’ Category

Collaborative Shopping: Divvying up Items and Costs between Families

Wednesday, August 31st, 2011

The other day I was performing my weekly grocery shopping trip. As I made my way to the paper products aisle, I couldn’t help but notice shoppers tossing obscene amounts of toilet paper into their shopping carts. Curious as to what one would do with so much toilet paper for one household, I proceeded to ask the purpose for such an odd purchase.

I learned that the customer was not just purchasing for themselves, but instead he was participating in a shopping trend called collaborative shopping.

Collaborative shopping, or group buying, was one of the biggest Web trends in 2010 according to The Trendwatch. It is the act of buying in mass quantities and then sharing the product and cost with friends.

That shopper was buying a huge package of toilet paper which would then be split up among other families, saving each family a bundle in the process.

Those who participate in collaborative shopping are not concerned with the brands they are purchasing, but instead with the cost effectiveness it provides. It is a way for families to afford household necessities, not a deal seeking high that some couponers crave.

As more and more people begin taking part in this shopping trend, there is a potential need for retailers to start catering to this demographic and increase their packaging sizes. A few stores already carry bulk items (for example, Costco and Sam’s Club), and many collaborative shoppers turn to online sites. However, as more and more stores consider offering larger packaged options, they could draw collaborative shoppers into their stores as well.

Online stores already present a great opportunity for collaborative shoppers with a single flat shipping rate. This makes it cheaper for consumers to buy in bulk online, because no matter how much they purchase, they still pay the same amount for shipping.

As of now, those participating in collaborative shopping are usually a part of a renting community and fall into the middle-income group. Yet, with the advent of social media, the collaboration possibilities are endless. This year, we’ve already seen the first CPG company experiment with Groupon, the famed group buying website. We may begin seeing collaborative shopping branch away from just being families and friends, to purchasing together with social media followers and friends.

Tags: Collaborative Shopping, cpg, group buying, manufacturers, packaging, Retail Solutions
Posted in Collaborative Shopping | 6 Comments »

    Twitter Feed
    Twitter

    Digital marketing should be measured with the same statistical rigor as traditional marketing, to allow comparison http://t.co/9e2Z33fZ 15 hours ago

    There’s No Mystery to Digital Marketing ROI Measurement http://t.co/9e2Z33fZ 16 hours ago

    Check out @retailwire's "For Non-Foods New Products, Performance is Prized" for more on 2011 New Product Pacesetters http://t.co/bJPKcUnV 2012/05/15

    More on 2011 New Product Pacesetters: "Coffee Sets the ‘Pace’" http://t.co/cLvC8hYY via @BeverageInd 2012/05/15

    We teamed up with @Legolas_Media to study the impact of online advertising on in-store sales http://t.co/O4EW81HL via @CStoreDecisions 2012/05/14

    Retail Industry News Weekly Week of 5/11/2012 http://t.co/jemwEGhD 2012/05/14


    Find us on Twitter to discover more about SymphonyIRI Group!



    Social Media

    Facebook
    Find us on Facebook to discover more about SymphonyIRI Group!


    Twitter
    Follow us on Twitter!


    Linkedin
    Find us on LinkedIn to discover more about SymphonyIRI Group!

    YouTube
    Check out SymphonyIRI Group's YouTube Channel



    Search
  • You are currently browsing the archives for the Collaborative Shopping category.



  • Pages
  • Pages
    • About
    • Twitter


  • Blogroll
  • Blogroll

    • Business Exchange CPG Marketing
    • CPG Matters
    • CSP
    • Food Marketing Institute
    • Google CPG Blog
    • Grocery Manufacturers Association
    • Morning News Beat
    • Private Label Magazine
    • Reuters Shop Talk
    • Shopper Culture


  • Tag Cloud
    Back-To-School Beauty Care Candy Carl Edstrom Channel Migration Consultant Consumers Convenience Stores coupons cpg DigitaLink Digital Marketing Digital Media Dollar Stores economy Facebook Frugal Google grocery innovation Lower-Income manufacturer manufacturers Marketing MarketPulse merchandising online shopping packaging pricing Private Label retailer Retailers Retail Solutions Sales Leadership Segmentation shopper attitudes shopper behavior Shoppers shopping shopping trends Social Media Summit SymphonyIRI technology trends


    Archives
    • May 2012
    • April 2012
    • March 2012
    • February 2012
    • January 2012
    • December 2011
    • November 2011
    • October 2011
    • September 2011
    • August 2011
    • July 2011
    • June 2011
    • May 2011
    • March 2011
    • February 2011
    • January 2011
    • December 2010
    • October 2010
    • September 2010
    • August 2010
    • July 2010
    • June 2010
    • May 2010
    • April 2010
    • March 2010
    • February 2010
    • January 2010
    • December 2009
    • November 2009
    • October 2009
    • September 2009
    • August 2009
    • July 2009
    • June 2009


    Categories
    • Categories
      • 2010
      • Affordability
      • Baby Boomers
      • Back-To-School
      • Beauty Care
      • Beer
      • Candy
      • Center Store
      • Channel Migration
      • Childhood Obesity
      • Collaborative Shopping
      • Convenience Stores
      • Coupons
      • CPG
      • Crowdsourcing
      • Deliberate Spending
      • Desserts
      • Digital Media
      • Dollar Stores
      • Eating Habits
      • EconoLink
      • Economy
      • Emerging Store Brands
      • Facebook
      • Food Allergies
      • Food Safety
      • Frugality
      • Gas
      • Gas Prices
      • Gluten-Free
      • GMOs
      • Halloween
      • Health Care
      • Holiday Season
      • Holistic Shopper
      • Ingredients
      • Innovation
      • Integrated Media
      • Job
      • Kids
      • Leisure Plans
      • Lower-Income
      • Male Shoppers
      • Marketing
      • Marketing Mix Modeling
      • Marketing Strategies
      • MarketPulse
      • Mobile
      • Moms
      • NACDS
      • Natural Disasters
      • New Products
      • Online Shopping
      • Packaging
      • Pets
      • Price Promotions
      • Pricing & Promotion
      • Private Label
      • Product Roll Outs
      • Re-usable bags
      • Retail Solutions
      • Retail Updates
      • Segmentation
      • Self Checkout
      • Shoppers
      • Snacks
      • Social Media
      • Store Brands
      • Strategies to Drive Growth
      • Summer Rituals
      • Summit
      • Survey
      • Times and Trends
      • Uncategorized
      • Value Proposition
      • Wine
      • Women Shoppers


SymphonyIRI Group CPG Blog is proudly powered by WordPress
Entries (RSS) and Comments (RSS).