FMCG market absorbs this world

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2020-06-10 20:20:09

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People working in the retail trade, the phrase “the FMCG market” repeat several times a day. Although many do not fully understand the meaning of this abbreviation. Fast Moving Consumer Goods – FMCG (or fast wrap consumer goods). Logically, it should be bread, milk, chewing gum, cigarettes, household goods. fmcg market

Not so simple: these products are divided into three groups. Only one of them can be described as the products included in the FMCG market – chewing gum and cigarettes. Classic signs of goods related to this sector:

  1. Low cost.
  2. Low profitability of the manufacturer.
  3. High frequency of purchase.
  4. Ability to cause an increase in demand through marketing activities.
  5. Short term use.
  6. Impulsive buying decision. experience in the fmcg market

From this it follows that the appliances are not included in the FMCG market. For example, the refrigerator: the buying decisions are made consciously, the choice is made long, the need to purchase arises when the old is out of order or obsolete. This happens rarely. Bread and milk: each household buys these products on a daily basis. But on the General volume of purchases of these goods can not be influenced. If the family consumes one loaf of bread a day, no is not forced to eat more. The decision to buy bread from a particular manufacturer may affect only the quality and price, half-baked bread no, the marketing won't save.

It is Said reveals another sign of the item in the FMCG market: the consumer does not feel it absolutely necessary. Actually, no chewing gum can do without cigarettes too. Indeed, from the moment of birth to the time when the cigarette has become a necessity for the man without nicotine. fmcg market

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The Fact that these products have a low profit margin, is forcing the manufacturer having experience in the FMCG market and stimulate its increase using two ways:

  • As widely as possible to inform the end user about the importance and necessity of the goods;
  • To make the product as accessible as possible for the end user.

The First is achieved by advertising. This may be an obvious advertising: banners, streamers, advertising in the media. Hidden advertising (the main character of the series puts a pack of cigarettes close-up on a fraction of a second), the articles "independent experts” about the benefits of the product, other ways of influencing the subconscious mind of the consumer.

The Second takes place in the fight for a place on the shelf of the retailer. Here and pay for the space on the shelf in the zone of maximum probability of purchase (as close as possible to the cashier, at eye level of the buyer). This shelf is operated by trained merchandisers, whose task is to display products on the shelf according to corporate standards and planograms. If the product requires cooling before use, the manufacturer will provide retail retailer to rent a fridge branded.

In addition, manufacturers are constantly carrying out promotion of their brands, FMCG-the market does not like resting on our laurels. Should the manufacturer of any carbonated water to reduce marketing efforts, it immediately loses market share. The course is neuro-linguistic programming and sales staff: people involved in once the sale of soda water famous brand will never drink water competing company.


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BE: https://tostpost.com/be/b-znes/40107-fmcg-rynak-paglynae-gety-svet.html

DE: https://tostpost.com/de/business/39628-fmcg-markt-absorbiert-diese-welt.html

ES: https://tostpost.com/es/centro-de/39378-bienes-de-consumo-el-mercado-absorbe-este-mundo.html

HI: https://tostpost.com/hi/business/24285-fmcg-market-absorbs-this-world.html

JA: https://tostpost.com/ja/business/22243-fmcg-market-absorbs-this-world.html

KK: https://tostpost.com/kk/biznes/40500-fmcg-nary-zh-typ-b-l-lem.html

PL: https://tostpost.com/pl/biznes/42346-fmcg-rynek-ch-onie-wiat.html

PT: https://tostpost.com/pt/neg-cios/41967-fmcg-o-mercado-absorve-a-este-mundo.html

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UK: https://tostpost.com/uk/b-znes/40966-fmcg-rinok-poglina-cey-sv-t.html

ZH: https://tostpost.com/zh/business/35535-fmcg-market-absorbs-this-world.html






Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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