Consumer desires for connection and transparency driving supplement ideation – podcast

Macro issues such as the aging U.S. demographic and the health issues that brings; an interest in transparency in the supply chain; and a move toward “tribes” related to wellness initiatives and product purchases are all impacting the way brands can connect with consumers in the dietary supplement space. In this SupplySide West edition of the Healthy INSIDER Podcast, Tracy Landau, president of MarketPlace (market-pl.com), and Megan Hook, growth strategy director, discuss new consumer research techniques they used in a recent study about consumer desires in the supplement space, including the use of video capture to offer qualitative insights. Tracy and Megan will be presenting at SupplySide West in Las Vegas on the SupplySide Central Stage; their talk, “What Consumers Want in a Supplement Brand,” takes place Friday, Oct. 18, at 2:30 p.m. (https://west.supplysideshow.com/en/Events_and_Education/session-details.html?SessionID=80) In this podcast, Landau, Hook and Informa’s Heather Granato discuss: • How the intersection between the aging population, their related health concerns and “pill fatigue” is impacting product development and ideation. • The way “tribes” and a reliance on social media and other technology is allowing brands to connect directly with consumers and to use influencers to drive new supplement usage. • How the “Intel Inside” desire by branded ingredient suppliers is finally at a point to connect with brand owners and consumers, as it delivers on a promise of differentiated science and a traceable supply chain.