Shelf Life: Expert Voices from the Consumer Goods Industry - What Black Friday Sales Say About Consumer Spending This Holiday Season with Joel Beal, CEO of Alloy.ai

What Black Friday Sales Say About Consumer Spending This Holiday Season with Joel Beal, CEO of Alloy.ai

11/30/23 • 11 min

Shelf Life: Expert Voices from the Consumer Goods Industry

This week's special bonus episode dives into the into Black Friday, consumer spending, and the state of the economy. Our guest, Joel Beal, CEO of Alloy.ai and economist, provides a unique perspective on the early numbers and what they mean for the larger economy. We delve into:

The preliminary numbers that are emerging post-Black Friday, attempting to decode consumer behavior and market trends
The possibility of deflation
How sales are breaking down in terms of in-store vs. ecommerce

Tune in to this episode of Shelf Life, and get a comprehensive understanding of current economic trends, their impact on consumer spending, and their potential implications for the future.

The preliminary numbers that are emerging post-Black Friday, attempting to decode consumer behavior and market trends
The possibility of deflation
How sales are breaking down in terms of in-store vs. ecommerce

Tune in to this episode of Shelf Life, and get a comprehensive understanding of current economic trends, their impact on consumer spending, and their potential implications for the future.

Previous Episode

Using Data to Drive Sales, Supply Chain and Product Decisions with USAOpoly's Eric Richardson

In this episode we get in-depth on the topic of data-driven decision making with Eric Richardson, Manager of Forecasting and Data Analytics at leading board game company USAopoly. As a data expert, Eric shares how consumer brands can harness data without extensive resources, how to bring and present data to retail buyers to influence replenishment and how to recognize and utilize sudden surges in consumer demand.
This episode explores:

Specific ways to use and present sales, supply chain and forecasting data in conversations with retail buyers
How to spot consumer trends in the data and respond quickly
Ways AI might change the supply chain space
How USAOpoly and the board game industry is thinking about manufacturing in China vs. domestically

Throughout our conversation, Eric emphasizes, not just the importance of data, but also the art of presenting it in a way that is easily understandable to all stakeholders — both inside and outside of the company.
You won't want to miss Eric's advice and perspective on using in data analytics in the consumer goods industry.

Next Episode

The State of Ecommerce Going into 2024 with Matt Bergum, Country Business Director for Canada at Bosch

We sat down with Matt Bergum, the Country Business Director for Canada at Bosch Power Tools, to dive into the state of ecommerce in 2024. We shed light on the distinctions between ecommerce and brick-and-mortar product launches, the balancing act that comes with a hybrid retail approach, the complex task of managing expansive product portfolios across various online platforms (and the resulting strain on margins), and the transformation of the power tools industry in the face of e-commerce. Expect to gain an insider's look into how Bosch is aiming to grow market share in an increasingly digital market.