Young consumers: Digital and physical go hand in hand
In July Mastercard published the results of its Gen Z (18-24 years old consumers) survey that covered the countries of Central and Eastern Europe. This reveals that young consumers are comfortable with digital technologies, but relationships and meeting others in person are also very important for them. 76 percent purchase something online minimum once a month – this is true for both Hungary and the region. It is noteworthy that 77 percent always check whether the product is available elsewhere in promotion. When buying in physical stores, Gen Z consumers prefer cashless payment. 80 percent pay with a bank card (in Hungary this proportion is 72 percent).
//
Related news
The luxury watch market is on a steep upward trend: special pieces are becoming increasingly popular even among Generation Z
The demand for premium and luxury watches has shown significant…
Read more >Nearly €6 Billion in GDPR Fines Since 2018
According to the latest DLA Piper report in 2024, EU…
Read more >Young People Believe Everything AI Says
Almost all Gen Z youths use artificial intelligence (AI), but…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >