THE CHANGE IN CONSUMER BBEHAVIOR
You have to have been living on the back side of Mars not to know that the country, and the rest of the planet, has undergone some serious changes in the last 24 months.
There have been government and regulatory changes, which would make Orwell proud, but I am talking here about the changes in consumer behavior brought about by the pandemic.
“The pandemic has definitely changed consumers’ behaviors, priorities, and purchasing habits, which directly led to changes in the business world. And we can expect many of these changes to be permanent.”
For example:
· Online shopping is up – no surprise.
· Price sensitivity drives shoppers to new brands and new places to shop.
· There has been an increase in personal health products.
· More spending on hobbies.
· Local and private labels have experienced an increase.
As life has changed for many it is no surprise that customer attitudes and behavior has changed. And if you haven’t surveyed your customers or prospects in the last 24 months, I encourage you to do so.
Puratos is an international provider of bakery, pastry and chocolate offerings generating $1.8 billion in sales in 100 countries around the world. It is one of the finest run organizations I have run across.
So, it is no surprise that they have a great Chief Marketing Officer, Sophie Blum.
Sophie knows the basic foundation of marketing – surveys. In fact, they conducted a survey of 17,000 customers across 40 countries. (I would have liked that jobJ).
But here is the bottom line for Sophie, a touch of simple marketing brilliance.
Sophie Blum, CMO, Puratos
Yes, things have changed. And surveys tell you here and now, “What does the customer want?”
Maybe your marketing “buttons” have changed. And if so, even if only slightly, that can result in your marketing programing running a bit askew and cost you sales and income.
If you need to update your marketing, call us or send us an email. We have been conducting surveys for more than a quarter of a century. We can get the surveys done fast and work with your budget.
Best,
Bruce
Bruce Wiseman
President & CEO
On Target Research
818-397-1401
You have to have been living on the back side of Mars not to know that the country, and the rest of the planet, has undergone some serious changes in the last 24 months.
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There have been government and regulatory changes, which would make Orwell proud, but I am talking here about the changes in consumer behavior brought about by the pandemic.
“The pandemic has definitely changed consumers’ behaviors, priorities, and purchasing habits, which directly led to changes in the business world. And we can expect many of these changes to be permanent.”
For example:
· Online shopping is up – no surprise.
· Price sensitivity drives shoppers to new brands and new places to shop.
· There has been an increase in personal health products.
· More spending on hobbies.
· Local and private labels have experienced an increase.
As life has changed for many it is no surprise that customer attitudes and behavior has changed. And if you haven’t surveyed your customers or prospects in the last 24 months, I encourage you to do so.
Puratos is an international provider of bakery, pastry and chocolate offerings generating $1.8 billion in sales in 100 countries around the world. It is one of the finest run organizations I have run across.
So, it is no surprise that they have a great Chief Marketing Officer, Sophie Blum.
Sophie knows the basic foundation of marketing – surveys. In fact, they conducted a survey of 17,000 customers across 40 countries. (I would have liked that jobJ).
But here is the bottom line for Sophie, a touch of simple marketing brilliance.
Sophie Blum, CMO, Puratos
Yes, things have changed. And surveys tell you here and now, “What does the customer want?”
Maybe your marketing “buttons” have changed. And if so, even if only slightly, that can result in your marketing programing running a bit askew and cost you sales and income.
If you need to update your marketing, call us or send us an email. We have been conducting surveys for more than a quarter of a century. We can get the surveys done fast and work with your budget.
Best,
Bruce
Bruce Wiseman
President & CEO
On Target Research
818-397-1401
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