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...
-
How trends develop and how to track them?
15 Dec 2022Retail trends are an extremely important insight both our visitors and exhibitors need to consider when they are designing and shopping for new products. We sat down with one of our Spring Fair 2023 speakers Wendy Lowe from TrendBible, to find out just how trends develop and to get a better insight into what they will be doing at the show. -
How to build customer loyalty in a noisy market?
15 Dec 2022How well do you know your customers? Data has become the most accurate way of knowing who your customers are, what they want and how to target them. The ultimate goal is to attract loyalty to your brand, and ensure customers always come back for more. But how to build customer loyalty in a noisy market? Jason Mander, Chief Research Officer at GWI, spoke with our Content Editor, Lina Vaz about this. -
With over 100 exhibitors, Jewellery & Watch (J&W) is the biggest returning jewellery showcase in the UK bringing together the best in fine jewellery, silver jewellery, fashion jewellery, and jewellery designers.
-
The free trend report, available to download at TrendBible - Spring Fair 2023 looks at the deep and long-ranging implications of the pandemic meaning that celebrating and being together with loved ones is a top priority for the holiday season in 2023.
-
Customers will gravitate to stores and e-commerce sites that offer great value but retailers need to work carefully with how they offer sales and discounts in their shops.
-
Moda presents a fresh edit and re-launches Jewellery & Watch
-
Why use eco-friendly packaging?
17 Nov 2022Whether it's physical or online retail, businesses do need to send merchandise to their customers on a regular basis, dealing not only with sales but with a high volume of returns. All these operations require packaging that may affect their performance in terms of sustainability. In a time when customers are becoming more and more conscientious about the environment, it's important to walk the talk and choose eco-friendly packaging. Our Content Editor, Lina Vaz, talks with Josh Pitman, Managing Director of Priory Direct, a leading UK supplier of sustainable packaging.
-
How to choose an ecommerce fulfilment service?
03 Nov 2022Many retailers struggle with ecommerce fulfilment, especially when consumers expect a seamless online shopping experience and rapid delivery. This can be challenging but there are ecommerce fulfilment services that are able to manage all your online orders and deal with returns in an efficient and timely manner. We spoke with Josh Arrowsmith, Digital Strategy & Transformation Consultant at Finishing Line, about key considerations and benefits of using this type of services.



