An ordinary consumer can be extraordinarily unpredictable. She is a daughter, a wife, a mother and a career woman all rolled in one. Not only is she made up of a number of different people, she has different moods; and her needs and preferences are shaped by who she is and what mood she is in at the moment she is considering a purchase.
This unpredictability was highlighted some years back in a Nielsen report. While analysing consumer trends across the globe, the report described consumers as schizophrenic. Often the same consumer, depending on her state of mind, or on what is happening in her life at that moment, is buying products that one would place in diametrically opposite segments:
“I usually eat healthy but it has been a hard week and I want to treat myself.”
“If I'm just cooking for myself, I go for shortcuts or buy something ready to cook... but when I have friends over, I cook from scratch to make it special.”
“I try to eat fresh produce, but I also buy frozen vegetables for when I don't have time for the store.”
Health versus indulgence, value versus premium, fresh versus frozen, large versus small portion, do-it-yourself versus convenience, organic versus local — these conflicting influences reflected in the market trends seen across the globe, highlight the importance of studying consumers in the context in which their needs arise.
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Two-day art workshop on abstraction. Start with a visual stimulus, a photo for instance. Imbue it with thoughts, feelings and emotions. Create new meaning, your own interpretation.
Is marketing education fluffy too?
Marketing simulators impart much needed combat experiences, equipping practitioners with the skills to succeed in the consumer market battleground. They combine theory with practice, linking the classroom with the consumer marketplace.