Inflation Shouldn’t Deflate Success: How Brands Can Deal with Rising Prices | Pulse | Industry Insights | All MKC Content | ANA

Inflation Shouldn’t Deflate Success: How Brands Can Deal with Rising Prices

The world is seeing price inflation on a scale that hasn’t been experienced in 40 years. While brands may be tempted to resort to their old playbooks by raising prices, cutting margins, or sacrificing quality, the amount of data and visibility that brands experience now can help manage these difficult times. Nuanced information about markets, consumers, and suppliers allow marketers to choose where and when to change prices or margins, and provide an opportunity to optimize their promotions around the products most affected. The resources below provide insight into how consumers are dealing with inflation, and how brands can positively respond.