Consumer Products

However, in our age where fast-paced changing circumstances are the default, we need to respond to all the corresponding requirements therein. For this reason, we bring together all our experience and talent in order to provide “full service” to the consumer sector by offering consultancy on issues such as export, corporate development, strategic management and finance.

Many tangential factors such as corporate development, technology, engineering, production and quality consultancy must come together in order for a process and/or project to be carried out and completed successfully in the consumer sector.

WE PREPARE CORPORATE TRAININGS TO COMPANIES IN THE SECTOR AND NEW GENERATIONS AS NECESSARY, IN ORDER TO TRANSFER ALL THE KNOWLEDGE AND EXPERIENCE WE HAVE ACCUMMULATED.

Consumers have survived the chaotic period affected heavily by the conditions brought about by the pandemic without reducing their demands for products, although they have turned away from socialization by psychologically turning to additional consumption. Then, the incentives provided by the states, clothing, household products, furniture, etc. increased for products. After the growth in demand, the supply could not balance the demand for various reasons, and an inflationary environment emerged in all regions in 2022, hitting the habits of consumers. Due to difficulties in the supply chain and important problems such as environmental mobility – war-related circumstances in particular – the consumer price index has risen to 10%.

Each segment has a variety of strategies to compete, including pricing and features. Companies have to fully understand their products to make it possible to compete with the best strategies in the market. As well as being one of the leading industries in the world, the consumer products sector is separated from others by the freedom it holds over the market. Consumer product companies are mostly independent on how to build, design and sell their products while other industries like machinery and aviation are more constrained with their business.

As its contribution to the economy, the market is simply massive. In 2021, it was estimated that the global market for consumer goods and retail to be worth US$18.18 trillion.

Considering that intensive shopping and consumption may be excessive, companies increased their inventory extra and reached the highest amount of the last 25 years with an inventory amount of 55 billion USD. Although container prices have decreased below 10 thousand USD in 2022, they were well above the amount of 1500 USD in 2019. For this reason, it is predicted that the inflationary environment will continue to maintain a similar effect until 2024.

Finally, ESG should be at the forefront of focus areas for companies to adapt to changing consumer preferences. It was an inevitable end for companies to focus on sustainability strategies against sudden crises and unexpected problems. With the adoption of ESG-oriented initiatives by governments and companies, their adaptation to difficult processes will be easier and they will be able to identify consumer behavior more accurately.

AS ODS CONSULTING GROUP, WE OFFER ONE OF THE BEST CONSULTANCY SERVICES TO BENEFIT YOUR BUSINESS WITH THE MOST INVENTIVE AND EFFICIENT PROJECT MANAGEMENT.