Tag

Customer insight

Consumer trends to watch around Black Friday: How have shopping behaviours changed in the wake of Covid-19

Black Friday sales: Consumer insights for Black Friday

With Black Friday looming, the war for the customer’s attention is on. And, with easing lockdowns and life returning to normal, the online/in-store debate is the hot topic for brands trying to get ahead. Will customers be desperate to get back into the shopping malls post-covid, or will a Black Friday spent in lockdown have taught consumers a more peaceful alternative to fighting with fellow bargain hunters over the last discounted TV?

Having originated in the US, Black Friday’s popularity is snowballing globally, with 60% of our global community intending to take part this year. And, with offers released earlier and earlier every time, this flurry of sales is no longer contained to just one day. But, with this year marking the first time payday takes place after Black Friday weekend, brands are clambering to know whether hunger for discounts or the ‘hold on till payday’ mentality will win.

So, how can your brand get ahead of the competition? The secrets to success have been revealed by our global, always-on consumer insight community…

Unlock the Black Friday predictions here…

Diversity and inclusivity in branding… Lessons in how to build a truly diverse brand with L’Oréal UK & Ireland’s Ellis Lanyon

Bulbshare diversity survey

When asked ‘how diverse is your brand’ and ‘how inclusive is your company’, some might believe the two questions are merely synonymous. But they’re not just the same question repackaged. According to Forbes, diversity is the ‘what’: who is sitting at the table. Inclusivity, on the other hand, is the ‘how’, the brand culture that allows diversity to prosper: have you pulled up extra chairs to that table?

When 72% of our insight communities believe that brands have a responsibility to be involved in D&I conversations, it’s more important than ever for your brand to embrace an equal and inclusive future. However, despite our online panel being overwhelmingly in favour of brand activism, more than half of them were untrusting of the brands that allied themselves with these causes.

How can brands overcome this double bind of championing progressivism without being damned as inauthentic? We caught up with Ellis Lanyon, Head of Digital for NYX Professional Makeup, Network Chair of L’Oréal UK & Ireland’s LGBTQ+ Employees and Allies Network OUT@L’Oréal, and a British LGBT Award Nominee 2020. He told us how NYX Professional Makeup, a pioneering brand for gender, sexual and racial equality, are working towards a more inclusive future.

Here’s what Ellis, as well as our insight communities, had to say…

Unlock the expert advice from L’Oréal UK & Ireland…

Why 50% have said goodbye to spontaneity and hello to pub reservations…

As the UK begins to reopen and cities blossom with life once again, we checked in with our community to see if they were excited for the return of the hospitality industry. 

Here’s what they had to say…

Though there was eagerness to return to a life that isn’t defined by masks, working from home and zoom quizzes, there was consternation over safety.

That being said, half of the community were willing to try a bar or pub that had a lively atmosphere and a lot of customers. 

The industry should anticipate customers ready to spend on premium products, and prepare for the digitalisation of service. 

Key Consumer Trends as we Return to Coffee Shops, Bars and Pubs

The key insights around the future of socialising…

Join us for an hour of insights examining emerging consumer behaviours as we return to eating and drinking in public spaces like coffee shops, restaurants and bars.

We’ll look at consumer perspectives on how the service industry has reacted and chart the key consumer trends impacting the future for brands.

Featuring industry experts:
👉  Rhys Humm: New Business Development, Costa Coffee
👉  Elizabeth Davies: Senior Category Manager, Budweiser Brewing Group
👉  Louise Hughes: Collaboration Director, Bulbshare / Retail Strategy Expert, Boots, Reckitt Benckiser, AB InBev
👉  Sebastian Szczukiewicz: Client Collaboration Lead, Bulbshare

Request our webinar recording now to unlock all the insights…

Request our webinar recording now to unlock all the insights. Just share your details below and we’ll email you with a link…

Why 84% of our community crave a holiday…

Travel

The UK’s new traffic light system has everyone eagerly hanging on for the green light for holidays abroad. So, we approached our global insight community and asked them if they’re desperate to be relaxing on an exotic beach somewhere – or if they prefer the safety of home this year.

Here’s what they had to say…

Travel infographic on holidays and staycations.

“Because, after having so many obligations and duties during lockdown, I would like to relax and be treated. But above anything else, travel is good for our economy.”  Bulbshare user, Male, 43, Italy

Despite restrictions, ambiguity and costs, there is a shared enthusiasm for travel amongst all communities. 78% of our Polish users, 84% of our Italian users, 92% of our Malaysian users and 64% of our UK users all have their fingers crossed for a holiday this year. Whether that translates to bookings and plans is another question, so travel agencies will have their work cut out for them in converting desire into determination…

People Power… Why customer communities are the next step for future-facing brands

The key insights around the future of brand advocacy

Join us for unmissable insights around the power of customer communities – and why they are shaping the future for brands. Just request our webinar to discover the importance of building online customer communities, the power of customer advocacy, the role of user-generated content for businesses and the changing idea of ‘authenticity’ for modern audiences!

Featuring industry insiders:
👉 Gordon Glenister: Head of Influencer Marketing, BCMA
👉 Louise Hughes: Collaboration Director, Bulbshare

Request our webinar recording now to unlock all the insights…

Why 80% are ready to go to pubs and bars

With the UK tentatively reopening next week, we asked our community how they felt about heading back out for a pint! On the cusp of so much change, we wanted to know whether they feel cautious about going out for the first time in so long or are rearing to go…

It’s safe to say, our community were excited to be back out, with a beer in hand!

Check out the infographic to discover what our UK market research communities had to say about drinking and dining this summer.

Summer drinking infographic with details about lockdown easing, based on responses from our market research community.

“I am excited to have more freedom to enjoy time with family and friends again” – Bulbshare user, Female, 55, UK

80% feel comfortable going to BBQs and picnics, 63% are heading back to bars and pubs and 78% are going to beer gardens. It’s safe to say the hospitality industry will have a lot on their plates this summer; seats will be full in pubs, restaurants and bars for the first time in months. 

Why 59% find it harder to switch off when working from home

Working from home

Working from home has become the new normal. And with the world’s transition to remote working well under way, we are all wondering whether a full return to the office will ever be a possibility.

So, we checked in with our Bulbshare community to gauge their thoughts and feelings on working from home, burnout, and digital fatigue. With all this time online, we wanted to know if the blurring of work and home is making them more tired and less productive – or if they are loving this new homebody lifestyle!

Check out our digital fatigue infographic below to discover the insights…

Zoom fatigue

“The boundary between work and home is often much blurrier” – Bulbshare user, Female, 34, UK

When 59% of our digital communities said they found it harder to switch off mentally after work and 39% take fewer breaks, it is clear that our focus groups are feeling burnt out. With such heightened anxiety, loneliness and exhaustion from all the time away from reality and colleagues, it’s time to look to new ways of forming connections and fostering togetherness.

There is no better way of simulating that sense of companionship in these remote and isolating times than through virtual communities.

To find out how these insights could benefit your business, get in touch at info@bulbshare.com.

How to build and get value from customer communities: A ten step guide

Group of smiling friends - a customer community.

Consumer insight communities are fast becoming an indispensable part of brand strategy when it comes to building connections and truly understanding your customers.

More and more leading global brands are investing in these types of direct relationships and with 88% of Bulbshare’s global insight communities reporting they are eager to be involved in brand decisions, the desire to connect is clearly reciprocated by consumers.

So, what are the secrets to building and maintaining these communities, and how can you best utilise them to be truly customer-led and turn your customers into friends, followers and fans? 

Unlock the answers with Bulbshare’s ten-step toolkit. Just fill in your details below then check your inbox…

Future High Streets Part Three… The next step for retail

Shopping centre image

The key consumer shopping trends post lockdown and what they mean for retail, brands and shopping centres.

How will our idea of the high street and shopping centres evolve over the next 12 to 18 months? What does it mean for brands and what are the retail trends set to shape the future?

Join us for an hour of insights as we look at the key consumer shopping trends post lockdown, examine the impacts for brands and offer expert guidance on how to react.

Featuring an industry expert panel:
– David O’Shea: Director, Time Retail Partners
– Louise Hughes: Collaboration Director, Bulbshare / Ex Retail Strategy Expert, Boots, RB, AB InBev

Request our webinar recording now to unlock all the insights…

Future High Streets Part Two… The changing face of grocery shopping post Covid-19

As our idea of the highstreet evolves over the next 12 to 18 months, how will shopping be affected, and what does this mean for brands, supermarkets and retailers? 

Featuring an industry expert panel:
– Simon Betts: Client Director, Bridgehead International / Ex Head of Customer Proposition, Tesco
– Louise Hughes: Collaboration Director, Bulbshare / Ex Category Controller ABInBev / Boots

Request our webinar recording now to unlock all the insights…

Customer Advocacy Toolkit: A five step guide to turning your customers into brand ambassadors 

More and more brands are rethinking their strategies when it comes to digital marketing. While influencers used to be the first point-of-call, many are now looking to a new army of advocates when it comes to shouting about their products and services online… Their customers. 

With a growing scepticism towards influencers among younger audiences, (only 4% of consumers still trust influencer posts according to a recent report by YouGov), turning to real customers to promote your brand adds a sense of authenticity that is lacking in sponsored content. And the smart brands are exploring new ways to unleash the peer-to-peer power of their customers at scale.

So, how does consumer advocacy work? And what are the steps to turning your customers into friends, fans and loyal brand champions? 

Unlock the answers with Bulbshare’s five-step Customer Advocacy Toolkit. Just fill in your details below then check your inbox…

Future High Streets Part One… The impact of Covid-19 and what it means for brands

How will our idea of the high street evolve over the next 12 to 18 months? What does it mean for brands and what are the retail trends set to shape the future?

Featuring an industry expert panel:
– Simon Marsden: Category Development Manager, Tesco
– Louise Hughes: Collaboration Director, Bulbshare / Ex Category Controller ABInBev / Boots

Request our webinar recording now to unlock all the insights.

Why 78% of consumers are ready to spend on hospitality again

Dining out in restaurants after lockdown

With the UK hopeful for a future free from Covid restrictions, it’s time to connect with our customer communities to see how they’re feeling about escaping lockdown.

Hundreds of our UK community members responded with rich insights about the government’s new roadmap, which has set out dates and plans for when hospitality, retail and travel can resume.

To discover the reaction of our communities, read on below…

I miss seeing my mates in the shops or restaurants. I can’t wait to socialise again” – Bulbshare user, male, 16, UK
 
Overwhelmingly our UK community is ready to get back out there to socialise and spend. When 75% of our market research communities are excited to go back to coffee shops, 53% are booking haircuts and 61% are looking forward to indoor hospitality such as bars and pubs, there is no doubt that we will once again have a thriving economy and packed-out venues. 
To discover more key insights about consumer behaviour, get in touch at info@bulbshare.com.

Five drinks industry trends to watch in 2021

Join an expert discussion around the post-Covid consumer behaviour shifts set to impact the drinks industry this year…

Featuring industry insiders:

– Paul Thomas: Global Insight Director, Asahi, Ferrero, Diageo
– Louise Hughes: Collaboration Director, Bulbshare (Ex Category Controller ABInBev)

Download our webinar for all the insights…

The 10 key consumer shifts of 2020… And what they will mean for your brand this year

There’s no denying it, 2020 was a year like no other. 12 months ago, who could have predicted a New Year’s Eve spent at home or Christmas shopping being done in masks?

In a time of widespread isolation, the idea of ‘community’ has never been more important and online connections have been the life-blood of families, friends and colleagues all over the world. Our global online communities provided hundreds of thousands of responses over the course of 2020 – and from a year that saw so many shifts in consumer attitudes and behaviours, we’ve compiled our top 10 insights, along with how they should inform your brand’s plans for 2021…

Benevolent branding

1) A social conscience reigns supreme. 

Our online focus groups – particularly Gen Z – showed an appreciation for brands that demonstrated an interest in social causes. Whether this was taking an interest in sustainability, improving diversity in ad campaigns or showing altruism during the pandemic, Bulbshare users reported a preference for socially aware businesses. Many noted Pret’s NHS discounts, Dove’s body confidence campaigns, and L’Oreal’s sanitiser donations as worthy examples of brand compassion. 

And this concern for magnanimity isn’t going anywhere; this year has changed the landscape of activism indefinitely. When 62% of respondents said brand diversity impacts their perception of a company and 34% said they have stopped shopping at brands because of a lack of representation, your brand should listen and take note for 2021, a year of a more conscious consumer. 

“When I go to buy something I research the company to find out how much it is involved in social causes.”

Bulbshare user, 41 🇧🇷

Brand takeaway for 2021:

Consider how exhibiting a philanthropic and charitable attitude could help your brand, as well as people in need. Remember, authenticity is important rather than jumping on a bandwagon: back up your words with real actions and sincerity.

2) We shopped locally till we dropped.

With our global insight communities reporting over 70% participation in more locally-sourced food shopping, it’s evident that buying local is a major priority. Sustainability, supporting the local economy, ethics and price all played into this decision.

“Due to the current pandemic I have chosen to support the local economy and buy from new and small businesses.”

Bulbshare user, 21 🇲🇽

Brand takeaway for 2021: 

Focus on marketing to consumers in the area and highlighting the need to support the local economy. Shout about your locally sourced products, how you support local producers and invest in initiatives that support local communities.  

3) Sustainability sells 

This year has proved that consumers have an appetite for ecologically ethical products like never before. In conjunction with having a social purpose, consumers are overwhelmingly demanding more sustainable products and services in every market – with the virus’s impact on travel only serving to highlight the affects of reducing food miles and carbon footprints. 

Companies like Patagonia have cultivated a massive following over the years because of their commitment to helping the environment. However, promoting your eco-friendliness includes being completely transparent in your brand’s practices and processes: the consumers of 2021 will not be fooled by greenwashing. Find out more here.

“I would like to see more content regarding waste reduction, social security and environment issues.”

Bulbshare user, 42 🇲🇾

Brand takeaway for 2021: 

Consider how your service impacts the environment. Can you pledge to contribute to a greener future or source your products more ethically? Make sure you’re vocal about your efforts to protect wildlife and workers.

4) We love self-love

One of the prominent themes we see emerging in the post Covid-19 world is the need for self-improvement – mentally, emotionally, and physically. With restaurant closures catalysing more home cooking, consumers have been more health-conscious when it comes to food. Similarly, home workouts have dramatically increased in popularity, whilst jogging and walking have provided an excuse to get out the house for fresh air. And when 70% of our global community have reported an increase in anxiety levels this year, the focus online has shifted to ‘mental health days’, ‘self-love’ and ‘meditative introspection’. As 51% of the users on our customer insight service intend to exercise more next year, and mental health has been prioritised more than ever, this trend of self-care is erupting into 2021 with vigour.

“I don't really take time for myself, so I think one thing I will start doing is taking more care of my health. So exercising more on a regular basis and really making that impact on my lifestyle to stay healthy."

Bulbshare user, 28 🇬🇧

Brand takeaway for 2021:

Can you market your product towards a vision of a healthier, happier life? Emphasise self-care (mental and physical) and shout about your healthy, happy benefits.

Community Spirit

5) Influencers lost their influence

The year of clapping for the NHS and checking in on neighbours had little patience for social media influencers. Our digital research communities reported that influencer marketing is falling out of favour and trust in sponsored posts is diminishing. When a social conscience has been more in vogue than ever, ‘vapid’, ‘avaricious’ and ‘superficial’ influencers were seen as a blight on social media. In fact, after the doom and gloom of the year, 36% are looking to cut down on social media and 10% intend to stop completely. Instead of listening to paid endorsements, 84% of Bulbsharers preferred the recommendations of their friends, family and local community. Read more on our ‘Death of the influencer’ blog.

"I never take notice of influencers at all and prefer to make my own purchase decisions or recommendations from family."

Bulbshare user, Female, 19 🇺🇸

Brand takeaway for 2021: 

Authentic voices and advocacy via real customer content will be the route to meaningful consumer connections and commercial success in 2021. 

6) Quality and care above status and luxury

When so many people are separated from loved ones, messages around family, community, time and quality had more meaning during Covid-19 than those focused on status and luxury. With much less disposable income, most consumers want to make a purchase feeling that it is going to better themselves or their family’s lives, not that it was unnecessary. When 45% of users suffered from more stress this year, your brand can do its bit to ease that tension. Even though the future bodes better times, consumers will remember which brands made an effort.

“… It should be mandatory for organisations to recognise the importance of mental health awareness.”

Bulbshare user, Male, 33 🇺🇸

Brand takeaway for 2021: 

Take inspiration from Krispy Kreme’s initiative, in which they doubled the donuts people ordered so customers could give a sweet treat to a neighbour, or do a giveaway for loyal customers. Consider using comforting words in your advertising to connect with consumers. At a time when building digital communities and remote customer connections has never been more important, it’s crucial to engage your communities in ‘always-on’ relationships and ongoing dialogues. 

Consumer Behaviour

7) Last orders?

‘When pubs and bars are being forced to close, 78% of consumers expect to go out less this festive period vs. last year, and only a quarter of audiences anticipate any kind of office party…’ When asked about attitudes and behaviours towards drinking socially this Christmas, our customer intelligence community painted a fairly bleak picture for the drinks industry. 

But that wasn’t the whole picture: 89% of our users will buy alcohol this Christmas because, well, a nice glass of Buck’s Fizz sparks joy. Similarly, 28% of users plan on buying their main alcohol shop online, 20% intend to spend more on premium beers, and 54% want to try new drinks. With 2021 heralding new hope for a better year, there will be lots to celebrate, which inevitably means we will be hearing the sounds of clinking glasses again.

That being said, in a more health conscious society post-covid, 41% have cut down on the number of days drinking and 64% tried a non-alcoholic drink, with 43% intending to spend more on non-alcoholic products. Furthermore, people opted for quality over quantity: in a shift away from little and often, our users preferred premium products. Rather than regular excessive drinking, the trend is moving towards special occasions, cherishing a rare glass, and enjoying a ‘one-off treat’. Discover more about whether the tap will run dry for the drinks industry in our Last Orders webinar: The impact of Covid-19 on the drinks industry this Christmas.

"I’ll buy Bucks Fizz because it has always been a tradition in my family so I want to carry that on as it feels like a time to celebrate"

Bulbshare user, Female, 44 🇺🇸

Brand takeaway for 2021: 

Consider branding your alcohol products for specific occasions such as Christmas, New Year’s Eve, Valentines or Easter. Festive packaging may tap into the desire to have a ‘normal’ Christmas. But when this festive season comes to a close, consider non-alcoholic alternatives for Dry Jan as part of your brand. Can you cut the sugar or calories in your drinks to advertise to health conscious consumers? Can you take advantage of the rising trends for non-alcoholic options? Can you premiumise your product to exploit the need for quality over quantity?

8) Online sales swam while the high-street sunk.

In March, 40% of our respondents claimed that Coronavirus affected the way they shop, saying they will be avoiding supermarkets and shopping online. Now, it is reported that around 75% of shoppers will purchase their Christmas presents online this year. This steady move towards online shopping is proliferating continually, so expect more in 2021.

Since this shift, the UK has seen the closure of Arcadia and Debenhams is in danger. Online shopping continues to grow, with the likes of Amazon and eBay enjoying growth while the highstreet suffers. Read our Post Covid-19 Consumer report to uncover changing attitudes towards shopping in the wake of Covid.

“I am stocking up online on food and on other consumables, such as cleaning materials and toiletries, that I wouldn’t want to be without. My aim is to be able to get by for a month without having to go shopping in person – if it becomes necessary for me to stay at home.”

Bulbshare user, Female, 41 🇬🇧

Brand takeaway for 2021: 

Channel your efforts into online marketing if you haven’t already. Establish your presence on social media and set up shop online. Remember, user experience still matters online: according to Super Office, 86% of buyers are willing to pay more for a great customer experience.

9) The most popular restaurant in town? Your own kitchen.

Food trends that arose this year (and aren’t going anywhere next year) were: the rise of flexitarianism, home-grown produce and eating-in. With financial woes and health concerns troubling the 2020 consumer, an amplified interest in food took hold. What we are eating, where it comes from, and how to DIY it were the themes of the year.

“I do fear that the restaurant industry may not be able to recover, partly because they were closed and could not survive, and partly because people have changed their eating habits over the last few months and they may stick to it. I think a lot of people realized how much money they saved eating at home, and people will eat out less in the future.”

Bulbshare user, Male, 40 🇬🇧

Brand takeaway for 2021: 

Now our covid-consumer knows how to cook, you and your brand should consider branding your service towards that. Whether that translates to a switch towards a more DIY product or a marketing campaign that appreciates the new knowledge gained this year, your 2021 plans should bear in mind the new savvy and health-conscious customer you’re targeting.

10) COVID Consumption

49% of our users said they were spending less during lockdown – and attributed that reduction in spend to eating out less, diminished travelling, pubs and bars being inaccessible, and fewer excursions and days out. As well as cutting back due to concerns about an uncertain economy.

“I have less income and money to spend compared to the last year”

Bulbshare user, Female, 29 🇺🇸

Brand takeaway for 2021: 

The brand takeaway is that people love takeaways – and see them as a cheaper alternative to eating out! Messaging around value, cutting back and sensible pricing will gain cut-through, while an occasional ‘treat yourself’ stance, will also be important among consumers seeking an ‘affordable’ break from austerity living. 

To find out how Bulbshare could benefit your organisation, please contact Michael Wylie-Harris on michael@bulbshare.com