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Writer's pictureInsightTrendsWorld

Insight of the Day: Premiumisation and the New Consumer

Findings:

  1. The concept of "premiumisation" is evolving, with consumers increasingly willing to pay more for high-quality, unique products.

  2. A new premium consumer demographic has emerged, focusing on quality, experience, and brand story rather than simply price.

Key Takeaway:Premiumisation now emphasizes authenticity, sustainability, and distinctiveness, as consumers seek brands that resonate with their values and deliver a more meaningful experience.

Trend:"Conscious Premiumisation" – consumers are not just trading up for status but are willing to invest in brands with quality, purpose, and narrative.

Consumer Motivation:Desire for higher-quality products with clear origins, craftsmanship, and unique attributes that align with personal values.

What is Driving Trend:A shift towards mindful consumption, where consumers prefer quality over quantity and brands that communicate authenticity, sustainability, and transparency.

People Referenced in Article:Global beverage alcohol consumers, with an emphasis on younger generations and affluent consumers interested in premium experiences.

Description of Consumer Product or Service:Premium alcoholic beverages characterized by quality ingredients, distinctive flavors, and responsible sourcing.

Conclusions:Brands should focus on differentiating their offerings with transparency in sourcing, authentic storytelling, and emphasizing quality and craftsmanship.

Implications for Brands:Premium brands need to refine their value propositions to align with consumer demand for authentic, sustainable, and high-quality offerings. This could involve highlighting unique production processes, local ingredients, or environmental practices.

Implications for Society:As premiumisation intersects with conscious consumption, societal norms may shift towards valuing quality and mindful consumption over mere quantity.

Implications for Consumers:Consumers have more premium options that align with personal values, making it easier to find brands that provide both quality and a positive impact.

Implications for Future:Expect continued growth in premium offerings across the beverage alcohol sector, with brands innovating to meet demands for transparency, sustainability, and quality.

Consumer Trend:"Value-Driven Premium Choices" – consumers seek premium products that not only satisfy taste but also align with ethical values.

Consumer Sub-Trend:"Story-Driven Consumption" – consumers increasingly choose brands with a compelling origin story or craftsmanship element.

Big Social Trend:"Mindful Luxury" – a societal shift towards luxury items that carry ethical or sustainable credentials.

Local Trend:In various markets, there’s a rising preference for locally-sourced or regionally-specific premium products.

Worldwide Social Trend:A global movement towards conscious consumption is leading consumers everywhere to seek premium products that offer both quality and authenticity.

Name of the Big Trend Implied by Article:"Purposeful Premiumisation"

Name of Big Social Trend Implied by Article:"Ethical Indulgence"

Social Drive:Sustainability, quality, and authenticity are driving consumer choices in the premium market, as people increasingly care about the impact of their consumption.

Learnings for Companies to Use in 2025:Companies should focus on authentic branding, transparent sourcing, and creating memorable experiences that emphasize quality over quantity.

Strategy Recommendations for Companies to Follow in 2025:

  1. Emphasize Authenticity and Craftsmanship: Highlight quality, origin, and production processes in marketing and packaging.

  2. Invest in Sustainability: Implement eco-friendly practices and communicate these efforts to consumers.

  3. Create a Story Around the Brand: Leverage digital storytelling to connect consumers with the brand’s values and origin.

Final Sentence (Key Concept):Today’s premium consumer seeks "Purposeful Premiumisation," favoring brands that provide high-quality products with authenticity, sustainability, and a compelling story.

What Brands & Companies Should Do in 2025 to Benefit from Trend and How to Do It:Brands should embrace "Purposeful Premiumisation" by committing to quality and authenticity, communicating their values transparently, and creating experiences that resonate with consumer values. Prioritizing sustainable practices, highlighting craftsmanship, and using digital storytelling to engage consumers will position brands to thrive in this value-driven premium market.

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