Trademagazin > News and articles > Market News > Magazine: Price-value ratio is decisive when buying food
Magazine: Price-value ratio is decisive when buying food
Nielsen conducted a survey in 55 countries, which revealed that 47 percent of Hungarian consumers are influenced in their food buying decisions by the price-value ratio of a product. 43 percent cited consumer price itself as the most important factor, while the next crucial element (28 percent) was if somebody already knew or used the product. Trusting the product came in at 22 percent, followed by promotions or price reductions at 20 percent.
Related news
More related news >
Related news
The Cyclist-Friendly Service Provider of the Year was elected
The Hungarian Cycling Tourism Association (MAKETUSZ) has awarded the Cyclist-Friendly…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >