Marketing to Value: How Vital Farms is Taking a Different Approach to Reach A Unique Demographic
Consumers are different today than they were last year or even last week. Tastes constantly change, and if there is one thing marketers are frequently reminded of, its that there is no secret recipe to understand consumer trends in the marketplace. All you can do is look at the data, and what it says these days is that consumers are more focused on a brand's values than they ever have been before. They want to see transparency and have trust in the brands they buy from. As a result, companies like Vital Farms are at the forefront of many consumers’ minds.
“There's a general movement towards people wanting to eat real food and knowing where it comes from to trust that source. That's very much the mindset that we focus on. There’s a demographic, but more a mindset of people that are willing to pay a premium for products that they believe in and trust that are looking for brands that have values similar to their own.”
Scott Marcus is the CMO of Vital Farms, a company that prides itself on bringing ethical food to the table while being honest with customers about how that happens. On this episode of Marketing Trends, Scott explains why Vital Farms’ traceability program is helping the company reach these values-focused consumers, and he explains how to meet customers throughout the buying journey.
- A Market Shift: Consumers have been changing their buying habits for more than a decade and it’s important for marketers to understand the reasoning behind that shift. As consumers continue to change their focus to more health-conscious food efforts, or more brand value decision-making, it’s equally as important for marketers to alter their messaging to meet those needs.
- Stuck in the Middle: When it comes to issues, brands can no longer stay in the middle. Brands must be honest and transparent about where they fall and what issues they support. When brands attempt to play both sides of issues, consumers end up tuning their message out.
- New Category, New Problems: Building trust is not only important as far as helping your consumers in their buying journey, but it’s equally as important when your brand attempts to enter into a new segment. Brands that build trust with their consumers will have an easier time entering new markets because of the equity that they have built up with their customers over time.
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