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Global and Regional Mega-Trends: Understanding Consumer Attitudes and Behaviors in Experience and Enjoyment

  • May 2015
  • -
  • GlobalData
  • -
  • 81 pages

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Summary
The Global and Regional Mega-Trends: Understanding Consumer Attitudes and Behaviors in Experience and Enjoyment report examines attitudes to the consumption experience as a whole, focusing on how to provide an improved experience to drive profitability. The report also identifies new ways to target those consumers seeking a new novel or indulgent user experience.

Key Findings
- The huge amount of choice available on the retail aisle leaves consumers seeking stand-out products that provide them with new and exciting experiences

- As modern society has a tendency to focus on the negatives, people are looking to the products they buy to provide them with some happiness: manufacturers can look to achieve this through superior tastes and rich textures, as well as by association with treating occasions

- Hectic modern lifestyles mean that many consumers are actively on the look-out for fun and exciting products that offer them a break in their day, fun flavors for instance allow consumers to momentarily escape their busy working life, or grant a new experience to be shared with friends

Synopsis
This report analyses changing attitudes and demands in the FMCG arena. An ever-growing choice allows consumers to be increasingly demanding, making it more difficult for brands to make themselves heard. The report also examines how the evolving lifestyles of modern consumers are influencing their consumption habits and their demands of manufacturers.

Get access to:

- Exclusive insight from a 48 country attitudes and behavior survey, presented to ensure that the content is applied and relevant to stakeholders across the supply-chain.

- Analysis of the key attitude and behaviors influencing consumption patterns and recommendations of how best to target such consumption occasions.

- Regional comparisons granting unique insight into varying regional and country attitudes to experience and enjoyment.

- Detailed matrixes exploring key recommendations for manufactures from a product, targeting and retail perspective; broken down by Food, Soft Drinks, Alcoholic Drinks, and Cosmetics and Toiletries.

Reasons To Buy
- Help formulate strategies that enhance customer loyalty at the brand and retail level by understanding what genuinely increases perceptions of a truly enjoyable or indulgent product

- Determine new and innovative ways to target consumers with fun, novel, luxury or the highest quality products, particularly as current methods are becoming increasingly less effective in saturated markets

- Develop strategies to successfully target discerning consumers with the highest quality products, thereby reaching into premium territory and securing high profit margins

- Develop strategies that target the new wave of adventurous consumers who want to stay ahead of the crowd

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