Consumer Products – CB Insights Research https://www.cbinsights.com/research Thu, 27 Apr 2023 19:00:16 +0000 en-US hourly 1 Did Instagram’s new feature update just torch $260M of venture funding to link-in-bio companies? https://www.cbinsights.com/research/instagram-link-in-bio-companies-venture-funding/ Fri, 21 Apr 2023 19:38:52 +0000 https://www.cbinsights.com/research/?p=158383 Link-in-bio companies like unicorn Linktree — which provide tools for creating interactive lists of creators’ services that can be shared via a single URL, a bit like a mini website — took off alongside the creator economy as users sought …

The post Did Instagram’s new feature update just torch $260M of venture funding to link-in-bio companies? appeared first on CB Insights Research.

]]>
Link-in-bio companies like unicorn Linktree — which provide tools for creating interactive lists of creators’ services that can be shared via a single URL, a bit like a mini website — took off alongside the creator economy as users sought ways to better monetize their content on platforms like TikTok and Instagram.

But after bringing in $260M in funding, momentum in the space has stalled, with funding drying up in part due to the broader venture slowdown (link-in-bio companies have raised just $12M in 2023 YTD).

FREE DOWNLOAD: THE COMPLETE RETAIL TECH 100 LIST

Get an Excel file with the entire 2023 Retail Tech 100, CB Insights’ annual ranking of the most promising retail tech startups in the world.

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Did Instagram’s new feature update just torch $260M of venture funding to link-in-bio companies? appeared first on CB Insights Research.

]]>
Lululemon may be able to recoup its MIRROR investment despite challenges in the connected fitness equipment space https://www.cbinsights.com/research/lululemon-mirror-valuation/ Fri, 21 Apr 2023 15:10:36 +0000 https://www.cbinsights.com/research/?p=158314 Lululemon is rumored to be exploring the sale of its connected fitness hardware business MIRROR, which it acquired in the early days of the pandemic. But the post-Covid comedown has been hard on connected fitness equipment players — which gained …

The post Lululemon may be able to recoup its MIRROR investment despite challenges in the connected fitness equipment space appeared first on CB Insights Research.

]]>
Lululemon is rumored to be exploring the sale of its connected fitness hardware business MIRROR, which it acquired in the early days of the pandemic.

But the post-Covid comedown has been hard on connected fitness equipment players — which gained a lot of attention during the height of the pandemic from locked-down consumers — leading to disappointing hardware sales for MIRROR, as mentioned on Lululemon’s most recent earnings call:

The overall at-home fitness space remains challenged. MIRROR hardware sales during the holiday season came in below our expectations” 

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Lululemon may be able to recoup its MIRROR investment despite challenges in the connected fitness equipment space appeared first on CB Insights Research.

]]>
AI is accelerating digital content creation. Which technologies should brands prioritize to keep up? https://www.cbinsights.com/research/mvp-technology-framework-digital-content-creation-distribution-brands-retailers/ Tue, 18 Apr 2023 19:18:43 +0000 https://www.cbinsights.com/research/?p=157348 It is imperative that brands and retailers have an original content strategy, as they are competing with streaming, gaming, and social media platforms for consumer attention. With content demand on the rise, brands and retailers face the additional challenge of …

The post AI is accelerating digital content creation. Which technologies should brands prioritize to keep up? appeared first on CB Insights Research.

]]>
It is imperative that brands and retailers have an original content strategy, as they are competing with streaming, gaming, and social media platforms for consumer attention.

With content demand on the rise, brands and retailers face the additional challenge of creating a sufficient amount of quality content across different platforms to engage and convert users. As a result, they are turning to new solutions to create, manage, and distribute content at scale.

Generative AI developments are only propelling the space forward. Content creation and distribution solutions are quickly incorporating GenAI to expedite content creation and creative processes at an unprecedented rate.

Want the full expert post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post AI is accelerating digital content creation. Which technologies should brands prioritize to keep up? appeared first on CB Insights Research.

]]>
Did L’Oréal overpay for Aēsop? A look at how skincare valuation multiples are faring https://www.cbinsights.com/research/loreal-aesop-valuation/ Tue, 18 Apr 2023 16:32:17 +0000 https://www.cbinsights.com/research/?p=158179 L’Oréal just made its biggest acquisition to date with Australian premium beauty brand Aēsop. The beauty giant paid $2.5B — nearly 23x Aēsop’s valuation of $110M when its former owner Natura took a majority stake in 2012.  But with such …

The post Did L’Oréal overpay for Aēsop? A look at how skincare valuation multiples are faring appeared first on CB Insights Research.

]]>
L’Oréal just made its biggest acquisition to date with Australian premium beauty brand Aēsop.

The beauty giant paid $2.5B — nearly 23x Aēsop’s valuation of $110M when its former owner Natura took a majority stake in 2012. 

But with such a large price tag, did L’Oréal overpay for Aēsop?

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Did L’Oréal overpay for Aēsop? A look at how skincare valuation multiples are faring appeared first on CB Insights Research.

]]>
Analyzing a16z’s investment strategy in consumer & retail tech: Where did the VC place its biggest bets in 2022? https://www.cbinsights.com/research/a16z-andreessen-horowitz-consumer-retail-tech-investment-strategy/ Mon, 10 Apr 2023 14:00:40 +0000 https://www.cbinsights.com/research/?p=157472 The global venture ecosystem experienced a sharp pullback in 2022, with funding dropping by 35% from 2021. However, even with investments slowing, top investors like Andreessen Horowitz (a16z) remained active across various deal stages, valuations, geographies, and sub-industries. While Andreessen …

The post Analyzing a16z’s investment strategy in consumer & retail tech: Where did the VC place its biggest bets in 2022? appeared first on CB Insights Research.

]]>
The global venture ecosystem experienced a sharp pullback in 2022, with funding dropping by 35% from 2021. However, even with investments slowing, top investors like Andreessen Horowitz (a16z) remained active across various deal stages, valuations, geographies, and sub-industries.

FREE DOWNLOAD: THE COMPLETE RETAIL TECH 100 LIST

Get an Excel file with the entire 2023 Retail Tech 100, CB Insights’ annual ranking of the most promising retail tech startups in the world.

While Andreessen Horowitz’s total annual deals fell in 2022 — by 17% year-over-year — the firm still participated in 22 investment rounds in the consumer & retail sector. Its bets spanned a range of categories that serve the travel, food, beauty, and retail industries. 

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Analyzing a16z’s investment strategy in consumer & retail tech: Where did the VC place its biggest bets in 2022? appeared first on CB Insights Research.

]]>
Market Trend Report: Planogram compliance and inventory management for retailers https://www.cbinsights.com/research/market-trend-report-planogram-compliance-inventory-management-retailers/ Mon, 03 Apr 2023 13:30:00 +0000 https://www.cbinsights.com/research/?p=156564 What are planogram compliance and inventory management? Planogram compliance and inventory management providers sell technology to track in-store shelf conditions. Solutions focus on planogram and merchandising compliance and in-stock levels. There are 5 primary data collection solutions: cameras, mobile scanning, …

The post Market Trend Report: Planogram compliance and inventory management for retailers appeared first on CB Insights Research.

]]>
What are planogram compliance and inventory management?

Planogram compliance and inventory management providers sell technology to track in-store shelf conditions. Solutions focus on planogram and merchandising compliance and in-stock levels. There are 5 primary data collection solutions: cameras, mobile scanning, shelf sensors, robots to monitor shelves, and autonomous drones.

Companies in this space also use software platforms to process data from external sources along with their own data to optimize pricing and assortment and forecast demand.

Want the full expert post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Market Trend Report: Planogram compliance and inventory management for retailers appeared first on CB Insights Research.

]]>
Analyzing Vista Equity Partner’s investment strategy: Where the PE firm is betting big across key industries https://www.cbinsights.com/research/vista-equity-partners-investment-strategy/ Thu, 23 Mar 2023 17:28:53 +0000 https://www.cbinsights.com/research/?p=156953 Vista Equity Partners is a private equity firm with a strong focus on investments in technology. Its portfolio includes several high-valued tech companies, such as Mindbody, Pluralsight, and Ping Identity. Since the beginning of 2022, Vista Equity Partners has been …

The post Analyzing Vista Equity Partner’s investment strategy: Where the PE firm is betting big across key industries appeared first on CB Insights Research.

]]>
Vista Equity Partners is a private equity firm with a strong focus on investments in technology.

Its portfolio includes several high-valued tech companies, such as Mindbody, Pluralsight, and Ping Identity.

how investors use cb insights to improve deal flow

Download the deck to see how investors are leveraging the CB Insights platform.

Since the beginning of 2022, Vista Equity Partners has been involved in numerous transactions and has participated in multiple mega-rounds (deals worth $100M+). The firm has also taken several companies private at billion-dollar valuations.

Using CB Insights data, we mapped how Vista Equity Partners has spread its investments and acquisitions since 2022 across categories like cybersecurity, financial services, enterprise tech, and more.

CB Insights clients can dig deeper into all 21 deals listed above using this CB Insights platform search.

The post Analyzing Vista Equity Partner’s investment strategy: Where the PE firm is betting big across key industries appeared first on CB Insights Research.

]]>
6 applications of generative AI in retail https://www.cbinsights.com/research/generative-ai-retail/ Thu, 09 Mar 2023 00:14:14 +0000 https://www.cbinsights.com/research/?p=156784 Generative AI — which refers to AI technologies that generate entirely new content, from lines of code to images to human-like speech — is already driving change among retail incumbents, forcing brands and retailers to move quickly to seize the …

The post 6 applications of generative AI in retail appeared first on CB Insights Research.

]]>
Generative AI — which refers to AI technologies that generate entirely new content, from lines of code to images to human-like speech — is already driving change among retail incumbents, forcing brands and retailers to move quickly to seize the opportunity.

Emerging use cases in retail could deliver time and cost savings across significant areas of operations like marketing, where companies spend nearly 14% of their budgets.

Here are 6 ways generative AI can automate tasks and scale critical work for brands and retailers:

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post 6 applications of generative AI in retail appeared first on CB Insights Research.

]]>
Market Trend Report: Consumer survey solutions for brands & retailers https://www.cbinsights.com/research/market-trend-report-consumer-survey-solutions-brands-retailers/ Thu, 02 Mar 2023 21:00:21 +0000 https://www.cbinsights.com/research/?p=155959 What is a consumer survey solution? Consumer survey solution startups facilitate using multiple communication channels (such as text and video) for companies to survey consumers. Some solutions also offer on-demand customer surveying from networks of engaged consumers who want to …

The post Market Trend Report: Consumer survey solutions for brands & retailers appeared first on CB Insights Research.

]]>
What is a consumer survey solution?

Consumer survey solution startups facilitate using multiple communication channels (such as text and video) for companies to survey consumers. Some solutions also offer on-demand customer surveying from networks of engaged consumers who want to share their opinions on trends and brand perception.

Want the full expert post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Market Trend Report: Consumer survey solutions for brands & retailers appeared first on CB Insights Research.

]]>
156 companies digitizing and automating the food value chain https://www.cbinsights.com/research/tech-market-map-food-and-beverage-value-chain/ Wed, 01 Mar 2023 21:25:49 +0000 https://www.cbinsights.com/research/?p=156039 Food & beverage companies are fighting an uphill battle as food costs reach all-time highs and labor shortages weigh on their ability to operate efficiently. This is pushing players across the food value chain — like grocery retailers, restaurants, and CPG …

The post 156 companies digitizing and automating the food value chain appeared first on CB Insights Research.

]]>
Food & beverage companies are fighting an uphill battle as food costs reach all-time highs and labor shortages weigh on their ability to operate efficiently.

This is pushing players across the food value chain — like grocery retailers, restaurants, and CPG brands — to increasingly rely on tech solutions to automate processes, improve traceability, and reduce food waste. In doing so, they can mitigate the risk of shortages and recalls, which negatively impact profitability.

In particular, AI is delivering impact across every stage of the value chain. AI-powered solutions are helping accelerate product development, reduce manufacturing downtime, better predict demand for products, monitor food freshness, and more.

Want the full expert post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post 156 companies digitizing and automating the food value chain appeared first on CB Insights Research.

]]>
How generative AI can help brands automate e-commerce product descriptions https://www.cbinsights.com/research/generative-ai-retail-e-commerce-product-descriptions/ Wed, 01 Mar 2023 14:00:06 +0000 https://www.cbinsights.com/research/?p=156758 Brands and retailers are turning to generative AI to write copy for e-commerce product descriptions that are more compelling and optimized for SEO. Accurate and engaging descriptions can boost conversion rates and reduce returns. More than 87% of online shoppers …

The post How generative AI can help brands automate e-commerce product descriptions appeared first on CB Insights Research.

]]>
Brands and retailers are turning to generative AI to write copy for e-commerce product descriptions that are more compelling and optimized for SEO.

Accurate and engaging descriptions can boost conversion rates and reduce returns. More than 87% of online shoppers rank product descriptions as being very important in their purchase decisions, according to Salsify.

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post How generative AI can help brands automate e-commerce product descriptions appeared first on CB Insights Research.

]]>
How generative AI can augment customer service agents https://www.cbinsights.com/research/generative-ai-retail-customer-service-support/ Tue, 28 Feb 2023 14:00:01 +0000 https://www.cbinsights.com/research/?p=156771 Tech vendors are helping brands and retailers make customer service agents more efficient by using generative AI to auto-generate responses, translate requests and responses, and create response libraries for common requests. This leads to faster response and resolution times and …

The post How generative AI can augment customer service agents appeared first on CB Insights Research.

]]>
Tech vendors are helping brands and retailers make customer service agents more efficient by using generative AI to auto-generate responses, translate requests and responses, and create response libraries for common requests. This leads to faster response and resolution times and more consistent service across the team. 

This technology will become increasingly important as labor shortages and the rising volume of customer service requests from e-commerce push brands and retailers to improve customer satisfaction while keeping costs under control.

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post How generative AI can augment customer service agents appeared first on CB Insights Research.

]]>
How generative AI can help brands personalize their marketing https://www.cbinsights.com/research/generative-ai-retail-personalized-marketing-content/ Mon, 27 Feb 2023 14:00:57 +0000 https://www.cbinsights.com/research/?p=156777 Generative AI companies are helping brands and retailers auto-generate visual advertising and marketing content. These vendors use AI to create marketing videos from long-form blog posts, develop alternate versions of an image for social media and display ads, and more.  …

The post How generative AI can help brands personalize their marketing appeared first on CB Insights Research.

]]>
Generative AI companies are helping brands and retailers auto-generate visual advertising and marketing content. These vendors use AI to create marketing videos from long-form blog posts, develop alternate versions of an image for social media and display ads, and more. 

Quickly scaling visual content creation will allow brands to target different markets and consumers with more relevant content, supporting personalization efforts.

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post How generative AI can help brands personalize their marketing appeared first on CB Insights Research.

]]>
139 companies helping marketers tap into the growing retail media networks opportunity https://www.cbinsights.com/research/tech-market-map-retail-media-networks-marketers/ Fri, 24 Feb 2023 19:09:20 +0000 https://www.cbinsights.com/research/?p=156163 Retail media networks — digital advertising businesses run by retailers on their websites, apps, and digital screens — are quickly gaining traction. Ad spend in this category is expected to exceed $51B in the US this year, or 18% of …

The post 139 companies helping marketers tap into the growing retail media networks opportunity appeared first on CB Insights Research.

]]>
Retail media networks digital advertising businesses run by retailers on their websites, apps, and digital screens — are quickly gaining traction. Ad spend in this category is expected to exceed $51B in the US this year, or 18% of total digital ad spend, according to eMarketer.

5 new retail store formats to watch in 2023

Get the free report to see how brick-and-mortar stores are elevating the in-person shopping experience.

Want the full expert post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post 139 companies helping marketers tap into the growing retail media networks opportunity appeared first on CB Insights Research.

]]>
How generative AI can help brands create 3D product catalogs https://www.cbinsights.com/research/generative-ai-retail-3d-product-catalogs/ Thu, 23 Feb 2023 14:00:24 +0000 https://www.cbinsights.com/research/?p=156769 Tech vendors are helping brands and retailers easily convert text or 2D images into 3D assets using generative AI. 3D representations of physical goods can boost conversions by giving online shoppers a more accurate preview of the item they intend …

The post How generative AI can help brands create 3D product catalogs appeared first on CB Insights Research.

]]>
Tech vendors are helping brands and retailers easily convert text or 2D images into 3D assets using generative AI.

3D representations of physical goods can boost conversions by giving online shoppers a more accurate preview of the item they intend to buy. 3D assets could also be repurposed for augmented reality content, virtual goods, and digital twin products.

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post How generative AI can help brands create 3D product catalogs appeared first on CB Insights Research.

]]>
How generative AI can help brands create virtual photoshoots https://www.cbinsights.com/research/generative-ai-retail-virtual-photoshoots/ Wed, 22 Feb 2023 14:00:48 +0000 https://www.cbinsights.com/research/?p=156755 Tech vendors are helping brands and retailers reduce costs by using generative AI to create product photography for online visual merchandising.  Most companies in the virtual photoshoots space are focused on fashion, using virtual models for styling and envisioning clothing …

The post How generative AI can help brands create virtual photoshoots appeared first on CB Insights Research.

]]>
Tech vendors are helping brands and retailers reduce costs by using generative AI to create product photography for online visual merchandising. 

Most companies in the virtual photoshoots space are focused on fashion, using virtual models for styling and envisioning clothing on different body types. AI-generated models save money by eliminating the need to hire external talent. 

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post How generative AI can help brands create virtual photoshoots appeared first on CB Insights Research.

]]>
Luggage-maker Away’s valuation will be significantly lower in an M&A transaction than its last financing round https://www.cbinsights.com/research/away-luggage-valuation/ Tue, 21 Feb 2023 17:14:39 +0000 https://www.cbinsights.com/research/?p=156210 Luggage company Away is reportedly looking for a buyer. So what will it fetch? In 2019, the suitcase maker was valued at $1.4B on $150M of trailing revenue — a healthy 9.3x multiple. This valuation assumed continued dramatic growth and …

The post Luggage-maker Away’s valuation will be significantly lower in an M&A transaction than its last financing round appeared first on CB Insights Research.

]]>
Luggage company Away is reportedly looking for a buyer.

So what will it fetch?

In 2019, the suitcase maker was valued at $1.4B on $150M of trailing revenue — a healthy 9.3x multiple. This valuation assumed continued dramatic growth and a belief that a luggage maker could be positioned ultimately as a technology company.

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Luggage-maker Away’s valuation will be significantly lower in an M&A transaction than its last financing round appeared first on CB Insights Research.

]]>
How generative AI can help brands design virtual fashion https://www.cbinsights.com/research/generative-ai-retail-virtual-fashion-design/ Tue, 21 Feb 2023 14:00:50 +0000 https://www.cbinsights.com/research/?p=156780 Brands are turning to generative AI to design fashion apparel by turning sketches into digital renderings.  Traditional design processes in fashion are often tedious: it can take anywhere from 3 to 8 months for a style to reach production. Generative …

The post How generative AI can help brands design virtual fashion appeared first on CB Insights Research.

]]>
Brands are turning to generative AI to design fashion apparel by turning sketches into digital renderings. 

Traditional design processes in fashion are often tedious: it can take anywhere from 3 to 8 months for a style to reach production. Generative AI would speed up the creative process and reduce manual work for designers, while also saving costs on materials that would otherwise be used to produce physical samples.

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post How generative AI can help brands design virtual fashion appeared first on CB Insights Research.

]]>
Mining Walmart’s partnerships to identify its next product launches https://www.cbinsights.com/research/walmart-tech-strategy/ Fri, 17 Feb 2023 15:09:36 +0000 https://www.cbinsights.com/research/?p=155890 With more than 10,500 stores in 24 countries and global annual revenues exceeding half a trillion dollars, Walmart has long shaped the world of brick-and-mortar commerce.  Now, it’s establishing itself as a tech provider — similar to the likes of …

The post Mining Walmart’s partnerships to identify its next product launches appeared first on CB Insights Research.

]]>
With more than 10,500 stores in 24 countries and global annual revenues exceeding half a trillion dollars, Walmart has long shaped the world of brick-and-mortar commerce. 

Now, it’s establishing itself as a tech provider — similar to the likes of Amazon — by launching high-margin, high-growth-rate tech businesses for the retail industry. This could change financial markets’ perception of the company’s growth potential and help it achieve a higher valuation than traditional grocery retail.

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Mining Walmart’s partnerships to identify its next product launches appeared first on CB Insights Research.

]]>
217 companies building the new e-commerce tech stack https://www.cbinsights.com/research/tech-market-map-e-commerce-tech-stack/ Wed, 08 Feb 2023 21:29:44 +0000 https://www.cbinsights.com/research/?p=155495 E-commerce is approaching a tipping point. Despite a slowdown in the rate of growth, e-commerce’s share of total retail sales remains higher than it was pre-pandemic — and associated revenues in the US are projected to keep rising. Funding to …

The post 217 companies building the new e-commerce tech stack appeared first on CB Insights Research.

]]>
E-commerce is approaching a tipping point.

Despite a slowdown in the rate of growth, e-commerce’s share of total retail sales remains higher than it was pre-pandemic — and associated revenues in the US are projected to keep rising. Funding to e-commerce enablement companies topped $11B last year as an increasing number of vendors entered the market.

Reflecting this growth, e-commerce tech stacks are becoming much more complex.

Want the full expert post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post 217 companies building the new e-commerce tech stack appeared first on CB Insights Research.

]]>
The Future of the Super Bowl Ad: How tech like generative AI is automating TV ad creation & production https://www.cbinsights.com/research/future-of-super-bowl-tv-advertising/ Wed, 08 Feb 2023 20:11:39 +0000 https://www.cbinsights.com/research/?p=155747 Advertisers are constantly seeking new ways to reach and engage consumers, and the TV commercial stands as one of the most wide-reaching — and potentially effective — routes to get there. Nowhere is that more visible than the Super Bowl, …

The post The Future of the Super Bowl Ad: How tech like generative AI is automating TV ad creation & production appeared first on CB Insights Research.

]]>
Advertisers are constantly seeking new ways to reach and engage consumers, and the TV commercial stands as one of the most wide-reaching — and potentially effective — routes to get there.

Nowhere is that more visible than the Super Bowl, which has long been the advertiser’s golden opportunity to reach a broad audience of captivated US consumers. Last year’s event drew an estimated 112M TV viewers, and brands paid up to $7M for a 30-second ad slot.

To stand out from the pack, TV advertisers are turning to a range of emerging technologies to make ads that have the potential to go viral, deliver a strong return on ad spend (ROAS), and reach entirely new audiences. 

Want the full post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post The Future of the Super Bowl Ad: How tech like generative AI is automating TV ad creation & production appeared first on CB Insights Research.

]]>
Our top food & beverage research and trends to watch https://www.cbinsights.com/research/top-food-beverage-research-roundup-trends/ Thu, 19 Jan 2023 20:38:07 +0000 https://www.cbinsights.com/research/?p=154686 In 2022, global supply chains continued to experience intense disruption, restaurants’ profit margins took a hit in the face of rising labor costs, and grocers increasingly fell under pressure to invest in tech designed to help them adapt to the …

The post Our top food & beverage research and trends to watch appeared first on CB Insights Research.

]]>
In 2022, global supply chains continued to experience intense disruption, restaurants’ profit margins took a hit in the face of rising labor costs, and grocers increasingly fell under pressure to invest in tech designed to help them adapt to the omnichannel shopper journey. In response, players across the food & beverage value chain zeroed in on tech that would allow them to enhance their operations while retaining customers and boosting profits. 

We covered all of these developments and many more across the food & beverage space to help affected players make informed tech-buying decisions.

For example, grocery retailers focused on omnichannel enablement can discover relevant tech solutions in our omnichannel enablement market map for grocery leaders, determine which markets to prioritize with our corresponding MVP framework, and decide which companies are ideal for partnerships or investments using our market-specific ESP Vendor Rankings, including this one covering grocery microfulfillment

Our predictions for the upcoming year include:

  • Companies will continue to invest in AI and robotics to increase customer engagement as well as address both labor shortages and increased labor costs. For example, these technologies will help fast food chains leverage automation to make kitchen operations more efficient and cost-effective.
  • Restaurants, food & beverage brands, and grocery retailers will shift more of their focus toward managing costly food waste and meeting their climate goals. Expect these players to turn to tech such as food monitoring hardware, surplus food marketplaces, and more.
  • To build more resilient food supply chains, farmers will likely continue to deploy easy-to-install precision agriculture tech, like farm management software, which improves farm efficiency at a relatively low capital cost.

To kick off 2023, we brought together our top food & beverage research in the curated list below.

GROCERY RETAIL TECH

RESTAURANT TECH

SUSTAINABILITY & FOOD WASTE MANAGEMENT

FOOD & MEAL DELIVERY

AGTECH

The post Our top food & beverage research and trends to watch appeared first on CB Insights Research.

]]>
The 2023 Tech Trends Roundtable https://www.cbinsights.com/research/briefing/the-2023-tech-trends-roundtable/ Mon, 09 Jan 2023 18:36:10 +0000 https://www.cbinsights.com/research/?post_type=briefing&p=154565 The post The 2023 Tech Trends Roundtable appeared first on CB Insights Research.

]]>
The post The 2023 Tech Trends Roundtable appeared first on CB Insights Research.

]]>
Prioritizing 12 technologies helping retailers improve last-mile delivery economics and visibility https://www.cbinsights.com/research/mvp-technology-framework-last-mile-optimization-retailers/ Thu, 05 Jan 2023 19:58:41 +0000 https://www.cbinsights.com/research/?p=154297 The last mile is the most expensive stage of the supply chain for retailers — and one that can make or break the shopping experience for customers. Nearly 70% of customers will change retailers if orders are not delivered within …

The post Prioritizing 12 technologies helping retailers improve last-mile delivery economics and visibility appeared first on CB Insights Research.

]]>
The last mile is the most expensive stage of the supply chain for retailers — and one that can make or break the shopping experience for customers. Nearly 70% of customers will change retailers if orders are not delivered within 2 days of the intended delivery date, and around 80% expect a free shipping offering. 

Retailers are facing last-mile pressures on all sides. Consumers have grown accustomed to the free and fast shipping options that giants like Amazon, Walmart, and Alibaba provide, while execution has grown increasingly expensive for retailers due to inflation, fuel costs, and labor shortages.  

Want the full expert post? Become a CB Insights customer.

If you’re already a customer, log in here.

The post Prioritizing 12 technologies helping retailers improve last-mile delivery economics and visibility appeared first on CB Insights Research.

]]>
Our top supply chain & logistics research and trends to watch https://www.cbinsights.com/research/top-supply-chain-logistics-research-roundup-trends/ Thu, 05 Jan 2023 15:48:45 +0000 https://www.cbinsights.com/research/?p=154470 In 2022, rising inflation and fuel costs as well as a lasting labor shortage contributed to supply chain disruption across the globe. We covered how technology can help affected players — across industries like retail, CPG, and fashion — automate …

The post Our top supply chain & logistics research and trends to watch appeared first on CB Insights Research.

]]>
In 2022, rising inflation and fuel costs as well as a lasting labor shortage contributed to supply chain disruption across the globe. We covered how technology can help affected players — across industries like retail, CPG, and fashion — automate and digitize their operations to combat these issues.

For example, those focused on reducing the cost of the last mile can discover relevant tech solutions in our last-mile market map, understand where delivery leaders like DoorDash are making strategic bets, and get an idea of what last-mile delivery might look like in 2030.

Our predictions for the upcoming year include:

  • As retailers continue to invest in their own supply chain operations, we expect to see them increasingly experiment with new retail formats that position brick-and-mortar locations for distribution and fulfillment. Retailers that are early movers in supply chain investments could tap into B2B services as an additional revenue stream. 
  • CPG brands will invest more heavily to scale their sustainability efforts — such as those related to production and waste management  — to meet previously set benchmarks, regulatory frameworks, and consumer demands. 
  • With supply chain security top of mind, big tech companies will leverage their expansive data lakes to provide B2B offerings that make the supply chain more connected, efficient, and traceable.

To kick off 2023, we brought together our top supply chain & logistics research in the curated list below.

RETAIL

FOOD & GROCERY

SUSTAINABILITY

LAST-MILE FULFILLMENT 

FLEET & FREIGHT MANAGEMENT

The post Our top supply chain & logistics research and trends to watch appeared first on CB Insights Research.

]]>