Trademagazin > News and articles > Market News > Say hello to a new type of consumer: the ‘smart’ buyer
Say hello to a new type of consumer: the ‘smart’ buyer
‘Smart’ consumers are better informed and expect more from the supply side than former consumer types. This extra expectation may differ across countries, e.g. in Hungary much more consumers try to save money by switching to cheaper products than the European average.
Despite this fact Hungarian shoppers are not the most price-conscious in Europe. In Q4 2013 Hungarian households spent 25 percent of their income on groceries and drinks consumed at home (the European average was 22 percent). In the examined period 80 percent of Hungarian consumers changed their spending habits to economise. In this respect the European average was a mere 61 percent. In Hungary most of these people – 70 percent – switched to cheaper groceries, 64 percent tried to cut their gas and electricity consumption and 54 percent spent less on clothing.Related news
More related news >
Related news
These changing consumer trends can be expected in 2025
After a year overshadowed by wars, pandemics and economic difficulties,…
Read more >AI and social media have revolutionized shopping habits
As technology advances, consumer behavior has also changed significantly, with…
Read more >The KSZGYSZ awarded companies and individuals with outstanding achievements in the field of the Hungarian environmental industry
After a year overshadowed by wars, pandemics and economic difficulties,…
Read more >