SGK’S Bruce Levinson To Present “How To Turn The Nutrition Facts Panel Update Into Competitive Advantage"
Thursday, June 11, 2015
Press release from the issuing company
Levinson To Address How Brands Can Leverage FDA’s Proposed Nutrition Label Changes
CHICAGO, IL - SGK, a division of Matthews International and a leading global brand development, activation and deployment provider that drives brand performance, announced today that Bruce Levinson, vice president, client engagement, will present How To Turn The Nutrition Facts Panel Update Into Your Competitive Advantage at the FMI Private Brands Summit, co-located with FMI Connect on June 10, 2015, 1:30 p.m. CT, in Chicago.
For the first time in nearly 20 years, the FDA is proposing a revision of the Nutrition and Supplement Facts Labels, giving manufacturers and brand owners a valuable opportunity to educate consumers and refresh and grow their brands.
The revision of the Nutrition and Supplement Facts Labels, expected to be finalized by early 2016, is being driven by consumers’ desire for clearer, more informative labeling on packaging. The more transparent labels may include more prominent calorie counts, updated serving sizes, and a disclosure on added sugars. The FDA is currently reviewing comments and will finalize the regulation in the coming months.
Levinson will address what the nutrition label update will mean for brands as well as outline six steps food and beverage companies should be taking right now to turn the update into competitive advantage.
“The pending changes to the FDA food labeling regulations will rebalance the competitive context, presenting an enormous opportunity for brands,” said Levinson. “Smart companies are already reconsidering their own labeling philosophies and communications habits to better address consumer desire for honest and clear nutrition information—in advance of the pending government regulations.”
Added Levinson: “SGK’s advice is for brands to get ‘out in front of’ the FDA’s impending regulation and view it as a comprehensive undertaking, not merely a template for marketing communication. The proposed regulation isn’t the sole purview of regulatory or packaging design departments. It is an ecosystem-wide event that will carry implications and tradeoffs for brand, design, purchasing, printers, agencies, retailers and, of course, shoppers and consumers.
Levinson concluded: “The proposed nutrition label regulation update presents an enormous opportunity for a brand to separate itself from the pack. The brands that update their labels with shoppers in mind will win new customers and build stronger relationships with the ones they already have.”
“Proactively think beyond the regulation. Successful brands don’t mistake regulations for marketing plans or messaging strategies. Instead, regulations are merely a springboard toward clarity, transparency and a more profitable relationship for both the consumer and the brand. Winners will think beyond the label—the more prepared brands have a better chance of driving brand performance and of being winners.”
A passionate architect of brand strategy, Levinson is highly experienced in translating consumer insights and client needs. His experience helps clients meet market and regulatory demands while driving brand initiatives domestically and internationally to accelerate brand performance. His previous positions include director-level marketing roles at Unilever in the US and UK and as an advertising account executive.
Post a Comment
Copyright © 2018 WhatTheyThink. All Rights Reserved