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Perfecting Private Brands

A study from CB Insights revealed that private labels sell three times as much as branded products. Hear from an expert on how design is contributing to the rise of private brands.

By Kristin Joker

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Todd Maute

Todd Maute

In this episode, the topic is private brands. Our guest Todd Maute, has worked in the private label business for close to 30 years helping retailers define brand and design strategies across multiple channels. Maute is a partner at the New York-based brand strategy and design agency CBX whose clients include top CPG companies: General Mills, Snapple, Hershey, Hormel, J.M. Smucker Co, Mott’s, and Mondelez. In case that doesn’t solidify his expertise, he's also advised Giant Eagle, Wal-Mart, Kroger, IGA, BJ’s, and LIDL how to use packaging to win at retail.

Prior to joining CBX, Maute was Vice President of Marketing for Daymon Worldwide and ran their global design firm’s offices throughout the US, Japan, Hong Kong, and Latin America. Daymon was the world’s largest own-brand sales and marketing company, working with hundreds of retailers across 40 countries.

Our conversation covers the state of private brands now, the challenges, and the trends he’s seeing. He also provides insight on what private brands can do to win over the next generation of shoppers, Gen Z, and reveals what retail category he thinks is the toughest to get right.

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rate that private labels outsell branded products

label

300%

Sources: CB Insights, Frozen & Refrigerated Report 2018

Private label sales are rising

private label grocery items sold in Europe

Food and beverage packaging

40%

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Sources: CB Insights, Frozen & Refrigerated Report 2018

Private label sales are rising

private labels in Millennials' shopping carts

online shopping with mobile phone

32%

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Sources: CB Insights, Frozen & Refrigerated Report 2018

Private label sales are rising

private labels in typical shopping cart

25%

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Sources: CB Insights, Frozen & Refrigerated Report 2018

Private label sales are rising

how much retailers earn more from private labels

giving money

25%

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Sources: CB Insights, Frozen & Refrigerated Report 2018

Private label sales are rising

Photos courtesy of CBX

Infographic illustrations by LueratSatichob / DigitalVision Vectors via Getty Images; bsd555 / iStock via Getty Images Plus; ExpressIPhoto / iStock via Getty Images Plus