Consumer Buying Behaviour in the Recession: Global Online Survey

Dallas, TX -- (SBWIRE) -- 02/08/2012 -- The concern about money and spending has post-recession consumers evaluating their purchases with an ever-more cautious attitude and paying critical attention to quality and price. This latest report reveals that value-for-money is the key goal of most shoppers, with "quality" and "price" as the overriding factors when consumers make buying decisions. This online survey report examines the results of questions relating to consumers' buying behaviour as part of Euromonitor's Annual Study of global consumers. The online survey probed around 16,000 consumers in eight countries (namely the developed markets of the US, the UK, France, Germany and Japan; and the developing markets of China, Brazil and India).

The intent of this strategic report on consumer buying behaviour is to understand the motivations, perceptions and habits of consumers in the face of the ongoing recession; to see how consumers are changing their behaviour when it comes to shopping and spending; and to determine what the impact will be on consumer markets.

Economic uncertainty worldwide and a looming concern about job loss and rising unemployment has changed how consumers view spending. "Their purchasing decisions are more calculated than they were pre-recession and certain factors such as quality remain important," says Gina Westbrook, editorial director at Euromonitor International. "In fact, more than 91 percent of respondents of our 2011 Annual Study of global consumers indicated that quality is either important or very important for them as a factor in their purchasing decision. This is followed by price, at 86 percent," she adds.

Interestingly, saving money increased most for respondents in emerging markets like Brazil and India (39 percent and 38 percent of respondents, respectively), while the use of credit cards to "manage shortfalls" in these markets also increased by 16 and 18 percent, respectively.

Other areas of spending examined in the report include private label purchases, with 26 percent of respondents in the US, for example, intending to increase their purchase of private label brands. Additionally, the report looks at how much technology is helping people make smart shopping choices by using e-commerce and mobile phones in-store, along with a closer look at how retail therapy might help.

Visit http://www.reportsnreports.com/reports/145682-consumer-buying-behaviour-in-the-recession-global-online-survey.html for more details and Table of Contents. Contact sales@reportsandreports.com to order your copy of this report.