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‘Grocery will maintain positive growth’: King Arthur Baking’s Bill Tine on the new CPG landscape

Modern Retail Podcast · with Bill Tine · March 18, 2021 · 30 min

Summary

King Arthur Baking's VP of Marketing, Bill Tine, reveals how the 230-year-old brand navigated unprecedented pandemic-driven demand and supply chain challenges to achieve historic sales growth. He shares how their strategic rebrand to a baking company, coupled with a robust in-house content "media company" approach, allowed them to rapidly adapt to shifting consumer behaviors and double their online business. This episode offers key insights into leveraging owned media, understanding consumer insights, and building brand resilience in a dynamic CPG landscape.

Key takeaways

Themes

brand & contentsupply chain & operationsdtc strategy

Topics covered

cpg marketingrebranding strategyin-house content creationconsumer insightsecommerce growthsupply chain resilience

Episode description

The coronavirus changed the way people shopped for groceries, and King Arthur Baking Company was no exception. The 230-year-old company had one of the hottest pandemic commodities: flour. And while it did face huge supply chain constraints early last year, King Arthur has been able to see historic sales growth and consumer behavior changes. On the Modern Retail Podcast, Bill Tine, vp of marketing, spoke about all the curveballs thrown at the company over the last year -- as well as why it decided to rebrand from a flour company to a baking company last summer King Arthur’s marketing approach was upended overnight when the country went into lockdown. Over the last five years, he said, the brand has “built out essentially our own media company.” It published recipes, partnered with influencers and focused on growing its audience. Some of that was in person at its own baking schools. While King Arthur’s marketing strategy didn’t necessarily change during coronavirus, the underlying system did. “When Covid hit and people really shifted their media consumption, we were a place to turn to because we had a lot of assets already in place,” Tine said. “We had a team internally of bakers that could create [content] at home with their iPhones. And I think having that in-house was something where we’re able to really react quickly.” Indeed, King Arthur’s website got over 60 million unique visits in 2020. Reacting quickly helped boost King Arthur’s sales. Most grocery stores sold out of essentials like flour during the early days of the pandemic. With that, more people bought all-purpose baking items on King Arthur’s website. The online business doubled over the last year, and Tine thinks that momentum is going to remain. For now, the focus is on staying relevant with its customers. “One of the things that we really hone in on and rely on is the consumer insight for what the consumer wants,” he said.

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Frequently asked about this episode

What does this episode say about brand & content?
Invest in an 'owned media' strategy with in-house content creation capabilities to quickly adapt to market shifts and consumer behavior changes.
What does this episode say about supply chain & operations?
Leverage consumer insights to drive product development and marketing efforts, ensuring sustained relevance in a dynamic market.
What does this episode say about dtc strategy?
Proactively build out your direct-to-consumer (DTC) channels to capitalize on increased online demand and mitigate retail stock-outs.
What does this episode say about brand & content?
Consider strategic rebranding to reflect broader market opportunities and evolving consumer needs beyond your core product.
What does this episode say about brand & content?
Prepare for demand surges and supply chain disruptions by building agile internal processes and robust digital infrastructure.

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