37: Adapting to shifts in consumer behavior: Insights from Rich Honiball, retail executive and adjunct instructor at George Mason University Podcast Por  arte de portada

37: Adapting to shifts in consumer behavior: Insights from Rich Honiball, retail executive and adjunct instructor at George Mason University

37: Adapting to shifts in consumer behavior: Insights from Rich Honiball, retail executive and adjunct instructor at George Mason University

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How can marketers adapt when consumer behavior is shifting faster than traditional strategies can keep up? In this episode Rich Honiball shares his perspective on navigating the fundamental transformation that's continuing to happen in how people buy and consume information. Drawing on his experience across retail and marketing leadership roles, Rich argues that today's rapid changes demand agile platforms where personalization becomes necessity rather than luxury, and that two-way communication with customers is critical to understanding what will make their lives easier. He challenges the assumption that economic factors alone explain changing purchase patterns, suggesting instead that consumers simply value different things now and seek expertise from different channels. Rich emphasizes the importance of not abandoning core customers when chasing growth and studying how people actually take in information today. Throughout the conversation, Rich stresses that while the channels and methods are evolving rapidly, the fundamental work remains grounded in understanding and serving the people you are trying to reach. In this episode, you'll learn: Why your core customer should anchor your decisions even when everything else shifts What it looks like to build agile platforms that serve complex needs—without losing focus Where AI fits in marketing when human connection remains the priority Key highlights: [01:15] A man on the move [02:10] Rich's path to the Navy Exchange [03:55] Why does the military need a retail store? [06:25] Meeting the needs of all patrons [07:25] Staying competitive as retail options increase [08:30] Balancing art and science [09:55] The purpose of podcasting [12:00] A humble expert is always a student [12:55] An experience that defines you: Chicken gizzards and white rice [15:30] Advice to your younger self: Failure is a part of the puzzle [16:30] A topic marketers need to learn more about: Learn lessons from history [17:50] Trends to follow: Sustainability and shifts in engagement [19:30] Largest opportunity or threat to marketers today: AI is both Resources mentioned: George Mason University Retail Relates Podcast Follow the podcast: Listen on Apple Podcasts   Listen on Amazon Music  Listen on Audible  Listen on iHeart Radio Listen on Spotify   Connect with Rich Honiball and George Mason University: Rich Honiball on LinkedIn George Mason University on LinkedIn Connect with Alan Hart and Deloitte Digital:    Connect with Alan Hart on X Connect with Alan Hart on LinkedIn  Connect with Deloitte Digital on LinkedIn  Connect with Deloitte Digital on Instagram  Connect with Deloitte Digital on YouTube  Connect with Deloitte Digital on Threads   
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