Industrial and Consumer Products
It has become easier and cheaper for suppliers and consumers to transact in global, online marketplaces, at lower cost, than ever before.
Platform-based companies, such as Amazon, are fundamentally changing the economics of the consumer market with their aspiration to be the ‘Everything Store’.
Intensified competition is driving down prices, increasing choice, and forcing incumbents to rethink their whole business model, and ways of working.
WE SEE FOUR MAJOR ISSUES IMPACTING INDUSTRIAL AND CONSUMER PRODUCTS COMPANIES:
The competitive barriers are down, the consumer has increased choice, and a variety of new players have entered the market offering differentiated products and services.
The fundamental economics of commerce have changed in our now globally connected, digital world.
‘White Goods’ manufacturers are becoming leasing companies, car makers are becoming mobility service providers, lines are blurring between roles.
Market leaders have a greater insight to consumers’ behaviour and capacity to pay, take ‘friction’ out of their supply chains, and have rethought their business models to unlock new ‘pools of value’.