Brands turn to experiential taste tactics to boost engagement
Implications - With the growing accessibility of alcoholic beverages such as wine, retail and restaurant avenues are replacing prestige with an emphasis on fun and experience. By making beverage education a process of discovery, brands are enticing consumers to take part and find what works for them. This progression is especially strong because it becomes less about learning, and more about the consumer quest for personalization.
Workshop Question - How can you incorporate an educational element into your product display?
Trend Themes
1. Experiential Retail - By making beverage education a process of discovery, brands are enticing consumers to take part and find what works for them.
2. Personalization - This progression is especially strong because it becomes less about learning, and more about the consumer quest for personalization.
3. Tech Integration Into Retail Spaces - This experiential retail space boasts an array of high-tech elements and lets visitors customize their drinking experience even down to the glasses they want to serve their favourite blend out of.
Industry Implications
1. Food and Beverage Retail - Utilizing experiential retail displays and personalized customer experiences can help drive consumer engagement and help stand out in a highly competitive market.
2. Technology Retail - Retailers integrating technology into their displays can help bring a high level of personalization and interactivity to the consumer experience.
3. Hospitality Industry - Hotels and restaurants looking for new ways to enhance the guest experience should look to incorporate customized, experiential beverages and personalized tasting selections.
