A recent Gallup poll concluded that 92% of U.S. consumers surveyed bought private label, with the intention of future support.
The private label industry is a complex industry that involves a host of marketing concepts. Its primary focus is to compete on a price/value basis with nationally advertised brand name products, while providing brand characteristics for our retailers. Today, nearly one out of every four products purchased from a U.S. supermarket, drug chain, or mass merchandiser is a private label product. In some product categories the private label market share exceeds 50%. |