Consumer recognitions can bring significant sales growth
The winning of the Product of the Year Award (POY) award may bring an average of 40 percent increase in traffic for the brands, but the scope of consumers may expand significantly as well.
The POY awards were handed over for the sixth time to the best products. The recognitions are awarded on the basis of the Hungarian consumers’ decisions, so the actual user, customer experiences decide who will receive the recognition. During the survey conducted by GfK, the consumers evaluate the brands on the basis of attractiveness, innovation and satisfaction. The products are competing for the award in 21 categories in 2017.
Related news
German consumers save a record amount on sustainable food
The propensity to buy sustainable products in Germany has fallen…
Read more >GKI analysis: Labor productivity in the manufacturing industry is close to stagnation
Sorry, this entry is only available in HU.
Read more >Retail’s share in household spending continues to fall in the EU
In 2023 spending in retail declined for the second year…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >