IGD research has shown that brands have come under increasing competitive
pressure through the economic downturn. Brands have to work harder to keep and
attract customers and have to find more creative ways to engage them. However,
other IGD research has shown that shoppers do not always give brands credit for
product innovation.
New product development is a key area of investment for many retailers and
manufacturers. However in many markets, the need to manage costs and reduce
complexity is encouraging range rationalisation. This report will explore across
five key western European markets (France, Germany, Great Britain, Spain and The
Netherlands) what shoppers think of this apparent contradiction, and to what
extent they seek out new products?