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American consumers are in for some major changes as the first decade of the new century nears its close and the U.S. economy sways into its most significant downturn in years, with grim forecasts about the possibility of a recession adding to their uncertainty and anxiety. Following the subprime crisis, banks are becoming more selective about extending credit, and the borrow-and-buy bubble that powered consumer spending since the early 1980s has finally burst. On top of that, gas and food prices are on the rise. The result is that consumers are tightening their belts and reevaluating their spending habits with a renewed emphasis on old school values, which are more about price and less about the thrill of the bargain hunt. Consumers may increasingly turn to discounters and the Internet and take other measures to conserve spendable income during an unpredictable time. On the other side of the equation, competition in a dwindling retail scene across multiple markets is changing the ways in which marketers approach their target audiences. It's a time of transition in which the highly fragmented population of value shoppers and the businesses that serve them are both looking for the clarity and confidence to keep the ball rolling. Drawing on uniquely cross tabulated Simmons Market Research Bureau survey data, the all new Packaged Facts report, The American Value Shopper in a Down Economy, provides a snapshot of today's value shoppers by segmenting them into four distinct cohorts and identifies what works and what doesn't by delving into their habits, behaviors, attitudes, and motivations.
Report Methodology
How You Will Benefit from this Report Related Reports: Pet Product Retail Channel and Consumer Shopping Trends in the U.S.Feb 1, 2012 - LA6084729 - $3,500.00 Upscale Latino Consumers in the U.S. Feb 1, 2012 - LA6488963 - $3,850.00 Health on the Restaurant Menu: Foodservice Trends in the U.S. Dec 1, 2011 - LA6501283 - $3,995.00 Latino Foodservice Trends in the U.S. Nov 1, 2011 - LA6501278 - $3,995.00 Food Market Research Bundle: Fats and Oils Nov 1, 2011 - LA6639934 - $5,100.00 Fats and Salad/Cooking Oils in the U.S.: Butter, Margarine, Olive Oil, and Beyond Oct 1, 2011 - LA6497852 - $3,500.00 Private Label Credit Cards in the U.S., 7th Edition Oct 1, 2011 - LA6385018 - $3,750.00 The Latino Household Products Shopper Sep 1, 2011 - LA6497882 - $3,500.00 Convenience Store Foodservice Trends in the U.S. Sep 1, 2011 - LA6498044 - $3,995.00 Food Shopper Insights: Grocery Shopping Trends in the U.S. Jul 1, 2011 - LA6077723 - $4,500.00 |
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