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General Mills CEO Jeff Harmening on consumer demand
CNBC Television· 2025-06-25 18:33
Consumer Behavior & Market Trends - Consumer uncertainty due to economic factors, tariffs, and global conflicts leads to reduced spending [1] - Consumers are increasingly value-conscious, seeking affordable options [3] - Food at home consumption remains robust, accounting for approximately 87% of total food consumption, indicating a shift away from eating out [2] - Consumers seek bold flavors and nostalgic products when stressed [4][5] Company Performance & Strategy - The company has invested significantly in brand value over the last 6 months in response to consumer value consciousness [3] - The company observed increased pound volumes and shares in over 60% of its categories in the US retail business during the last quarter [4] - The company held share in its pet food business and grew share in food service and international markets [4]
Embracing authenticity on my content creation journey | Samson Wang Swee Ann | TEDxUTM
TEDx Talks· 2025-06-23 16:33
Content Creation Strategy - The speaker emphasizes the importance of luck (80%) in achieving success as a food content creator, but also highlights the significance of being different (20%) [4] - The speaker suggests learning everything about the market, including studying successful and less successful content creators to identify what works and what doesn't [4][6][7][8] - The speaker advises against blindly copying others and instead encourages finding a unique angle or style to stand out [12][13][15] - The speaker advocates for "going big" in content creation, meaning creating unique and memorable experiences, but also stresses the importance of staying true to one's values and avoiding harmful or unethical behavior [17][18][21][22] Personal Branding and Values - The speaker emphasizes the importance of authenticity and being oneself in content creation [22] - The speaker prioritizes integrity and refuses to compromise their values for sales or views [23][24] - The speaker aims to inspire people and create a positive community through their content [24] Market Analysis and Differentiation - The speaker initially studied established food content creators with millions of followers to understand their strategies [7][14] - The speaker identified a gap in the market for authentic reviews and chose to differentiate themselves by not doing voice-overs and other common practices [13][15] - The speaker analyzed why some content creators were "stuck" at a certain follower count, identifying potential pitfalls to avoid [8][11]