From online shopping to changing product trends, there's no denying that the pandemic has caused a paradigm shift in the way consumers shop and what it is they're looking for. But whilst it's easy enough to see that there has been a change, unpacking exactly what that changes means for retail is a little more complicated. That's why we've done it for you, with 5 of the key consumer priorities that you should know about…
#1 Convenience
The rise of ecommerce has ushered in a new era of convenience culture where near-instant gratification is sought after. As many more shoppers have climbed aboard the online train during the pandemic, a new mentality has been formed within the post-pandemic population: the quicker and easier, the better. Since old habits die hard, the exponential growth in ecommerce and convenience shopping is something all retailers should be watching closely.
#2 Health and safety
After over a year of being in lockdown, it shouldn't come as a shock to hear that consumers are now more aware of health and safety than ever. We've all internalised messages of sanitation and hygiene, and that mentality will take a while to shift. For retailers, this means being explicit about exactly what you're doing to keep your shop and your products clean and safe.
#3 “Ins-perience”
As shoppers have spent more time in their homes, an almost agoraphobic mentality has built up and there is still a sense of unease about re-entering the world. Whilst the crisis has been abated in recent weeks, consumer mentality may take a while to catch up. We've seen a huge rise in demand for domestic entertainment, such as games, puzzles, crafts and at-home dining, and even with the economy opening back up, many consumers will still seek out those at-home experiences for the foreseeable future.
#4 Product availability
The pandemic has vastly changed what shoppers look for from brands and products. A survey carried out by Bazaarvoice found that whilst price and quality have remained in the top three consumer priorities, brand loyalty was displaced by availability during the pandemic, with shoppers more focused on getting the product rather than buying into the brand.
#5 Spend less, spend better
Value has always been a key consumer priority, but this has only been intensified by the pandemic. As many consumers have experienced job losses, pay cuts and new financial strains, the way value is perceived has changed. Of course, consumers will always want high quality products for lower prices, but there are some interesting shifts coming through in terms of what value means. Movements like Shop Local have intensified consumers' ties to their community and their desire to support their local economy. Meanwhile upped social media usage has deepened consumer conscience with many now looking for value in terms of social or environmental responsibility.
Don't forget, our sister show, Autumn Fair will be returning to the NEC Birmingham on 5-8 September 2021. Head to the Autumn Fair website to register your interest or apply for a stand.
More from Spring Fair...
-
Every year, Spring Fair and Autumn Fair attracts over 45,000 visitors combined, each one a potential customer or client that contributes to the growth of your business.
But with so many competitors also envying for their attention, how do you ensure that your exhibition stand doesn't blend into the crowd? The secret lies in following a set of essential Do's and Don'ts that can transform your exhibition stand.
-
Anne-Marie has a background in marketing, communications, and product development spanning both commercial and not-for-profit organisations. As head of membership, Anne-Marie champions the needs of ...
-
Tips on How to Protect Your Intellectual Property (IP) During the Design and Launch of New Products
19 Jul 2024Laura Newbold Breen, ACID's CEO, joined the company in December 2023 as COO following 10 years as Head of Legal for Magmatic Ltd, previous owner of the Trunki brand. Laura holds a Masters' Degree in ... -
AI stock management tools in a small business can significantly enhance inventory control, reduce costs, and improve efficiency. This is a simple guide to help you start using AI in retail and small ...
-
AI in retail is growing. Picking the right AI for stock management is key for small businesses to be more efficient. This article compares five top AI inventory control tools designed for small busi ...
-
Harnessing AI: A Guide for Independent Retailers
09 Jul 2024Artificial Intelligence (AI) offers powerful tools that can transform the way small retailers operate, enhancing everything from inventory management to customer engagement. As the retail landscape co ... -
Feature as a guest writer for Spring Fair
26 Jun 2024Spring Fair are excited to launch an online guest contributor program. This initiative aims to provide valuable advice and insights on trade-related issues from industry experts and to highlight thought leaders within our network. We are seeking articles that offer practical, actionable advice from individuals with direct experience in their respective fields. -
In an era where business agility and adaptiveness are more crucial than ever, the merging of online and offline wholesale platforms presents a compelling opportunity for retail businesses. The COVID-1 ...
Featured Articles
- 1 Geneva auction underpins revival in pearl jewellery
- 2 This is Spring Fair Directions
- 3 3 quick win ways to tap into 3 key retail trends
- 4 Five key trends you need to know for Christmas 2019
- 5 Spring Fair is set to have over 100 kid's toys wholesale exhibitors that won't be exhibiting anywhere else



