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Thursday, November 21, 2024

Exploring Market Insights: College of Colorado college students profit from Mintel briefing

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How are you going to turbo-boost the data of American school college students finding out tea consumption amongst Gen Z and Millennial shoppers within the UK, as a part of their analysis venture?

A bunch of promoting and advertising and marketing college students from the College of Colorado had the unimaginable alternative to get a radical briefing from Mintel’s Class Director for UK Meals and Drink Analysis, Kiti Soininen, at our London workplace as a part of their current research tour.  

To assist the scholars with their analysis into how advertisers may be capable of flip across the decline in tea consumption amongst these youthful demographic teams, Kiti coated a variety of matters from historic tea-drinking habits, to present client preferences and future developments. The scholars discovered concerning the several types of tea fashionable within the UK, together with conventional black tea, natural teas, and the rising reputation of speciality teas.

One of many key insights mentioned was the rising pattern towards well being and wellness, which has considerably influenced tea consumption patterns. The scholars found how shoppers are more and more choosing teas with perceived well being advantages, corresponding to inexperienced tea and natural infusions, and the way this pattern is shaping the market. In addition they obtained a greater understanding of the analysis course of, from find out how to formulate client analysis questions, acquire insights from key gamers within the business, and convey all the assorted points of the analysis collectively right into a single in-depth report on a selected analysis matter.   

How can Mintel analysis assist college college students with their assignments? 

We spoke to a few of the College of Colorado college students and their lecturer to search out out extra about how they use Mintel analysis to assist them with their tutorial work. 

Assistant Educating Professor Morgan Younger, who led the research tour, informed us:

“We use Mintel in lots of courses on the College of Colorado – it’s so invaluable. A lot different analysis we get will not be put into context; nevertheless, Mintel analysis might be damaged down into demographics and tailor-made to our makes use of. 

“With Kiti’s presentation, the scholars obtained a very good profile of tea consumption, together with the alternatives and challenges confronted by tea manufacturers. This has been an extremely informative and insightful session.”

How did Mintel’s specialists assist enhance the scholars’ data?

“From the session with Kiti, I obtained a greater grasp of how tea is declining, and it helped me perceive how tea firms function; and the challenges they face – we talked about a lot and now have an amazing tea data! I additionally use Mintel in my Social Listening class – the knowledge and analysis is properly organized. I feel it’s necessary to make sure that statistics are straightforward to learn, and presenting data in a method that’s simply understood like Mintel does.”

-Sarah Hallberg, College of Colorado pupil

What function does Mintel analysis play in your tutorial life?

“I like it – I’ve been utilizing Mintel since a freshman in school – it’s straightforward to make use of and has well timed data. The platform is extremely straightforward to make use of. I reference Mintel as soon as each month, and I can think about I’m going to make use of it extra now following this insightful presentation on tea. It actually helps that the College supplies Mintel’s service for us.”

-Andrew Insco, College of Colorado pupil

To seek out out extra about how Mintel’s dynamic and related market analysis will help your college students study, develop and encourage change click on right here.



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