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European_ConsumerCompass_Q3_2023_WiP06

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Savanta Consumer Compass Europe <strong>Q3</strong> <strong>2023</strong><br />

Whilst “price/<br />

value” is key across<br />

all categories, other<br />

purchase drivers<br />

such as “quality” and<br />

“durability” also remain<br />

critical. These drivers<br />

can allow brands to<br />

offer value for money<br />

without a focus solely<br />

on price point<br />

Purchase Drivers - rated 8-10/10<br />

Significantly different at 95% confidence<br />

level from previous quarter<br />

Eu average Q4 2022 Q1 <strong>2023</strong> Q2 <strong>2023</strong> <strong>Q3</strong> 2033<br />

Price/value 75 % 74 % 71 % 72 %<br />

Quality 72 % 71 % 69 % 67 %<br />

Durability 70 % 67 % 65 % 63 %<br />

Offers/promotions 69 % 67 % 65 % 65 %<br />

Reliability 69 % 68 % 64 % 63 %<br />

Convenience 54 % 51 % 51 % 47 %<br />

Returns/cancellation policy 53 % 50 % 48 % 45 %<br />

Sustainability 45 % 42 % 43 % 41 %<br />

Brands’ ethics & values 38 % 36 % 36 % 34 %<br />

Brand reputation 39 % 37 % 36 % 36 %<br />

Q. On a scale of 1 to 10, where 10 is ‘extremely important’ and 1 is ‘extremely<br />

unimportant’, how important is the following when deciding which product/service<br />

to purchase when shopping?<br />

Base: Total EU (c. 3501 per wave)<br />

Packaging 30 % 28 % 29 % 29 %<br />

29

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