Advantage Solutions
projecting sales and price increases as the cumulative effects of the pandemic on consumer demand and the supply chain come into focus manufacturers and retailers differ sharply in their predictions for sales and where they see those sales originating and plans for price increases nearly six in manufacturers surveyed expect third and fourth quarter dollar sales to be higher than last year however seven in retailers expect dollar sales to be lower for the rest of compared to last year results looking at sales across physical and digital shelves manufacturers attribute a greater percentage of sales made in the past months to shoppers ordering for pick up or delivery than their retail partners do they also predict a much greater percentage of their sales will be made by this difference may be attributed to manufacturers ability to sell their products on numerous platforms including and direct to consumers and barriers to cleanly identifying and measuring versus brick and mortar sales the cost of consumer goods will continue to rise about one fourth of manufacturers have taken price increases this year and another half plan to in the future the top drivers of price increases are a rise in the cost of materials distribution and packaging see charts next page second half dollar sales expectations percentage of dollar sales made last months projections for sales by | Advantage Solutions
Company
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Industry
Deck date
June 2021
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