Bridgethorne: retailers should use insights into special events to prepare for Halloween

Halloween: retail potential

Halloween: retail potential

Brands and retailers should be making greater use of insights into shopper attitudes towards special occasions in order to be better prepared for a Halloween, according to Bridgethorne, the category and customer management and shopper marketing specialist.

Halloween 2012 was the UK’s third most lucrative festival after Christmas and Easter and ahead of Valentine’s Day, with more than £300m being spent by UK shoppers, said Bridgethorne. And, it is expected this year’s celebration will top last year’s record-breaking event.

Bridgethorne says whilst seasonal events like Halloween represent a major opportunity for brands and retailers to enjoy an economic boost, work needs to be done in advance to ensure that the right insights are used to inform marketing and promotional activity, whether in-store or online.

“Halloween has really come of age,” said Bridgethorne director John Nevens. “Spending on Halloween in the UK has risen from around £12m to more than £300m in only1 0 years and has become more of a family event than purely something for the kids. Importantly, it also crosses multiple ranges from confectionery to cakes, from yogurts to partyware but there is more that brands can do to understand the shopper’s motivation when it comes to Halloween.”

Waitrose was just one of the retailers which reported a successful Halloween in 2012, with sales of spider cupcakes and chocolate brownies up 19% year-on-year and shoppers taking home 65% more pre-packed Halloween cakes than in 2011. Sales of chocolate treat packs also rose by 86%.

Nevens believes, though, brands don’t necessarily fully understand the motivations around Halloween shopping.

“There is a great deal of opportunism about Halloween shopping; adding themed products to your basket at the last minute for your own celebrations or for trick or treaters. If brands understood the shopper’s thought process more clearly and the influence placed on them by others in their households, they could more effectively structure their activity to align with it. This doesn’t necessarily mean spending more, but spending in a more informed manner.”

Nevens says by using insights on real shopper behaviour to inform a supplier’s shopper marketing strategy both online and in-store, they can identify the right mechanics that are going to resonate with those shoppers as part of any activation plan.

Understanding the point of purchase interface is critical to success. Bridgethorne helps suppliers understand both the product’s & the shopper’s journey to the point of purchase. In so doing Bridgethorne adds value to both the supplier and the retailer by helping clients achieve a more informed and constructive working relationship with the retailer.