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
Eckes-Granini acquires fruit juice concentrate producer in Germany
Eckes-Granini, one of Europe’s leading juice producers, has acquired Wolfgang…
Read more >The latest issue of Trade magazine is out now!
This time the digital version has been extended to 192…
Read more >After a subdued year, the holiday season is strong
74% of online shoppers, around 3.1 million people, are preparing…
Read more >