But, there is also a consumer-driven factor that is likely to impact this new value paradigm and we believe this is an attitude of responsibility.
With this mindset of responsibility playing an important role in the “stuff” consumers acquire, it will be important for marketers to imbue their products and services with attributes that reflect new values. This brings us to the notion of Health & Wellness which we view as another Value for marketers to take notice of.
Let’s take a look at some of the factors that are contributing to the emergence of Health & Wellness – which we term the HealthStyles Value.
The Social Environment
Interest in HealthStyles is driven by several major demographic and social changes.
First, Americans in general are living longer – and people want to live those extra years “better.” As Iconoculture reported last year, several reputable studies have found that lifestyles that combine a healthy (low fat, high in fruits/vegetables) diet and moderate exercise may forestall Alzheimer’s and other mental declines. Consumer interest in learning about the importance of exercise in improving the quality of life was evident in the high “share” rate (the third most shared article of the day on nytimes.com) for John Hanc’s recent column, Staying on Balance, With the Help of Exercises. The article points out the importance of balance for our growing older population, and the share rate demonstrates just how much people are clamoring for this kind of information.
Second, despite the current recession, the overall cost of food continues a 20-year decline as percentage of a family’s income and obtaining adequate, nutritious food is now much more accessible to most people. Under the auspices of the Federal WIC Farmers Market Nutrition program, almost every state allows low-income residents to utilize food assistance cards/coupons to purchase locally grown foods at farm stands and farmers’ markets.
And third, with the recent move toward universal healthcare coverage, there is an increasing recognition that developing and maintaining a healthy lifestyle is more cost-effective over the long term. There are several high profile initiatives centering around the relevance of health consciousness including:
Let’s Move. First Lady Michelle Obama’s “Let’s Move” project to address childhood obesity is an example of utilizing core Health & Wellness in a major policy initiative. The program incorporates nutrition education (with fresh foods in the forefront) and developing a lifelong, physically active lifestyle. By targeting children through engagement in growing and preparing healthy meals and incorporating “movement” into every child’s daily schedule – maintaining a healthy weight and fit body is easier and more natural.
NFL Play 60. Launched in 2007, NFL PLAY 60 is a national youth health and fitness campaign focused on increasing the wellness of young fans by encouraging them to be active for at least 60 minutes a day. Along with national outreach and online programs, NFL PLAY 60 is implemented at the grassroots level through NFL’s in-school, after-school and team-based programs. The program has targeted $200 million to address childhood obesity since its inception.
The Marketing Environment
Several companies are getting out in front of the Health & Wellness trend and are taking a holistic approach to promoting consumer products and services.
Whole Foods’ partnership with “Eat Right America” enables shoppers to create store-wide shopping lists tailored to different eating plans from vegan to allergy-aware to baby/toddler to weight management.
V-8’s “What’s Your Number” TV commercials highlight the fruit/vegetable nutrition count in their products with a focus on the positive effects of these beverages on consumers’ overall health. Weight Watchers just revised their famous points system to give dieters a free pass when consuming fresh fruits or vegetables – by identifying these items as “point-free,” members will be encouraged to increase consumption of more healthful (and lower calorie/fat) foods in their ongoing efforts to achieve and maintain a healthy weight.
In April, Rite-Aid, the drugstore retailer launched their new Wellness+ rewards program. The loyalty program allows card holders to redeem points for free glucose and cholesterol screenings at local labs. As consumers search for savvy ways to stay healthy, has Rite-Aid found a unique way to leverage Health & Wellness to create more value in their relationship with their shoppers?
Even fast food companies like Wendy’s are getting in on the act by offering better-for-you french fries made with “Russett potatoes, leaving the skin on and sprinkling sea salt on top.”
While food, fitness and healthcare are a natural fit for the Healthstyles Value, we believe the possibilities go beyond these categories.
The Business Opportunity
Some brands are taking the long view and positioning their brands as offering benefits that contribute to a lifetime of health. Aquafresh toothpaste has gone beyond addressing the obvious attributes of fresh breath and white teeth – their new Aquafresh Iso-Active range is positioned to deliver “Strong, Healthy Teeth for a Lifetime.”
As Americans become more time and cash crunched, personal services such as Spas have suffered as customers cut time-consuming luxuries from their budgets. By repositioning spa services into 30-60 minute “wellness breaks” and focusing of revitalizing treatments versus pampering, day spas may be able to recapture past customers while building a new customer base.
In this rushed world more people are considering time spent away from work, recharging and enjoying recreation with family and friends, to be critical to their overall Health & Wellness. Products and services that enable consumers to utilize their work time most effectively and re-engage with family will be viewed as delivering this new Healthstyle value.
Microsoft’s new Windows 7 phone is leveraging that important value. In its “Really” campaign, users of competitors’ products are shown as disengaged and missing important milestones because using their smartphones is so time-consuming. In addition to clearly setting up the phone dilemna in this Windows 7 launch ad, an additional execution in the campaign directly reflects the HealthStyles value by showing how the Windows 7 phone supports a fulfilling, “healthy” lifestyle experience.
Which other product or service categories do you think could benefit from integrating the HealthStyles Value into their branding efforts?