WHY THE FOLLOWING TRENDS IN CONSUMER BEHAVIOUR ARE ON THE RISE

Why the following trends in consumer behaviour are on the rise

Why the following trends in consumer behaviour are on the rise

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Media marketing is a trend that continues to get momentum. Here's all what you have to know.

Digital solutions were once specifically preferred by more youthful consumers who matured with tech and value the convenience factor it supplies. As we've become more connected and acquainted with online offerings, more demographics are now drawn to digital options as they realise the many advantages they stand to unlock. This is why businesses today invest significant sums in enhancing their online presence and digital offerings. In fact, improving the client experience has actually become one of the most important consumer trends in numerous areas, specifically the e-commerce sector. Customers now enjoy a wide range of digital alternatives and features that make their shopping experience a lot more enjoyable. From adding helpful filters that can be applied to only get the most pertinent results to the addition of digital payment options, e-commerce businesses have given consumers every reason to go shopping on their platforms. This is something that the activist stockholder of Reckitt will understand.

While billboards and television commercials are still in use and remain efficient marketing tools, the past couple of years have actually seen the development of new marketing formats that drive traffic and encourage sales better than anything else available. Social media marketing is thought about one of the top consumer trends at present, and for good reason. The vast majority of customers invest more time on social networks today than at any point in the past thanks to how ingenious and entertaining these platforms have actually become. Companies realised that they could capitalise on this success by promoting their services and products on spaces where customers spend hours . on end just scrolling. You are now most likely to see ads and marketing campaigns most relevant to you in a subtle method. For example, short videos or disappearing images have become effective marketing tools, something that the US shareholder of Philip Morris will understand.

Today, a lot of companies from across markets and industries are making an effort to support the environment and promote eco-friendly practices in different methods. This came as a result of ongoing consumer demands and pressures in an attempt to drive a positive force of change in business. This has now turned into among the biggest consumer trends as most people do their due diligence before purchasing a product or doing business with a business. Consumers will make the effort to investigate the environmental impact of companies they think about buying from and make a buying decision depending on their findings. This method offered more prominence to regional companies that have regional suppliers and less environmentally-taxing supply chains. The shop local trend has become one of the key consumer trends that aim to support local companies while likewise supporting the environment. This is something that the activist investor of Pernod Ricard is likely knowledgeable about.

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