Cheaper, fewer, promotional
NielsenIQ hosted a POPAI Hungary Association meeting on 6 October, the topic of which was e-commerce from NielsenIQ’s perspective.
Managing director Erik Vágyi welcomed participants and spoke about how growing prices, inflation and product shortage issues affect consumers all over the world, in one form or another.
Csilla Zsigmond-Czikora, key account manager group lead of NielsenIQ talked about growing shopper consciousness, consumers visiting cheaper stores and looking for cheaper products, buying less and hunting for promotions.
Diána Győrváry-Aszatrjan, senior consumer insight consultant of NielsenIQ revealed that 89% of purchases are planned, and fewer people buy impulse products.
Gergely Kovács, client business partner of NielsenIQ put online retailers into the “brick&click” and “pure player” categories. He mentioned that pure players have also started launching private label products.
Krisztina Holczinger-Zay, client service manager of NielsenIQ gave an overview of European trends. She informed that e-commerce’s share is above 5% in Belgium, the Netherlands, France and the Czech Republic, but only 1.2% in Hungary. //
Related news
Alibaba launches AI design tool for U.S. sellers
U.S. retailers selling goods on the Alibaba e-commerce platform have…
Read more >TikTok Shop launches in Spain
TikTok Shop has launched in Spain today, according to various…
Read more >Zalando acquires rival About You
Zalando is buying out its German competitor About You. Both…
Read more >Related news
Quick commerce booms in India as consumers seek faster deliveries
The demand is particularly high amongst younger consumers. Quick commerce…
Read more >REWE Group Revamps Digital Loyalty Programmes
REWE Group has announced a new format for its digital…
Read more >Lactalis to close factory in Zambia
The dairy group has cited “market dynamics”, according to a…
Read more >