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McCormick: Pinterest offers brands ‘more authentic and compelling’ ways to engage with consumers

2 commentsBy Elaine WATSON , 03-Oct-2012
Last updated on 03-Oct-2012 at 15:14 GMT2012-10-03T15:14:10Z

Spices and seasonings giant McCormick is looking for new ways to engage with consumers via an expanded presence on photo sharing website Pinterest - the third-largest social media site after Facebook and Twitter - says its boss.

Speaking on a conference call with analysts last week to discuss the firm’s third quarter results, McCormick chief executive Alan Wilson said: We’re adapting to reach consumers where they're spending their time, which is increasingly on the Internet.

“In addition to our Facebook fans for brands like Grill Mates, Zatarain’s and Old Bay, we are excited about our presence on Instagram and Pinterest to support our gourmet consumers.”

Pinterest et al allow consumers to become engaged with brands in ‘more authentic and compelling ways’

Photo-sharing site Pinterest 'provides an opportunity for consumers to become engaged with our brands in more authentic and compelling ways', says McCormick ceo Alan Wilson

He added: “Pinterest is now the third-largest social media site after Facebook and Twitter and provides an opportunity for consumers to become engaged with our brands in more authentic and compelling ways.

We're working to connect with consumers at every stage of what we call the flavor of life cycle, from inspiration with a recipe idea to getting our product in the shopping list and helping with meal preparation and, finally, sharing success with family and friends.”

‘We are aggressively shifting our marketing mix to non-traditional vehicles’

Meanwhile, more resources are being allocated to digital marketing, which is expected to account for 12% of total brand marketing support in 2012 versus 4% in 2010, said Wilson.

At the Global Growth Investor Conference in April, Wilson also revealed colleagues are working on a ’flavor print’ service with MyWebGrocer that will replicate Amazon’s recommendation capabilities in the world of flavor, delivering personalized recipes to consumers using McCormick ingredients.  

He added: “We are aggressively shifting our marketing mix to non-traditional vehicles, which includes interactive, shopper marketing and public relations – all powerfully effective tools to drive consumer engagement.”

‘Our customers are focused on bigger, fewer new products’

Wilson: Customers are increasingly allocating R&D resources on fewer, bigger new products

Asked by an analyst about customers’ new product development plans, Wilson said food manufacturers are increasingly focusing R&D resources on fewer, bigger new products.

He added: “What we're seeing from a new product activity standpoint is that our customers are focused on bigger, fewer new products as opposed to a steady stream of the base hits.”

Meanwhile, volumes in the US are starting to recover as pricing moderates, he added, echoing comments from bosses at ConAgra and General Mills in recent weeks: “I think the general consensus that we're hearing is that people are seeing some recovery in volumes and some moderation of cost increases.”

Consumers were ‘living out of their pantries’

And consumers, he said, are feeling slightly more confident: “Commodity inflation is not as high as it was, and so we expect that we should see the ability for consumers to buy a little more and not have that sticker shock.

“I think what we saw early in the year was a little bit of the sticker shock, people living out of their pantries. And I think kind of the general impression is that things are improving a bit.”

Q3 2012 results breakdown

McCormick posted a 12.5% rise in operating income to $144m on sales up 6% to $977.7m in the third quarter of fiscal 2012 (three months to August 31).

In the consumer products business, sales rose 9% to $568.3m, while industrial sales of seasonings and spices to food manufacturers and foodservice companies rose 3% to $409.4m.

2 comments (Comments are now closed)

Response to article

Great read, thanks! It’s so exciting to see how many companies are integrating Pinterest into their marketing strategy and how effective it is. I was primarily using Facebook and Twitter for my business for awhile and was a little bit hesitant about jumping on the Pinterest bandwagon. But after coming across so many resources about how awesome it is, it’s been a tremendous help to my biz. An excellent Pinterest Influencer Network I’ve come across that’s been really helpful worth mentioning is PinLeague. Just wanted to pass the word along. Thanks!

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Posted by Lisa Wheeler
25 October 2012 | 19h532012-10-25T19:53:25Z

Response to article

Thanks for this! It’s great to see how many companies are integrating social media into their marketing strategy and how effective it is. I was primarily using Facebook and Twitter for my business for awhile and was a little bit hesitant about jumping on the Pinterest bandwagon. But after coming across so many resources about how awesome it is, it’s been a tremendous help to my biz. An excellent Pinterest Influencer Network I’ve come across that’s been really helpful worth mentioning is PinLeague. Just wanted to pass the word along. Thanks!

Report abuse

Posted by Pinterest Pro
15 October 2012 | 16h322012-10-15T16:32:36Z

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