Successful communication during the Corona crisis #2 The effects of the Corona crisis on consumers - Düsseldorf, March 2020
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Successful communication during the Corona crisis #2 The effects of the Corona crisis on consumers Düsseldorf, March 2020 1
The general living situation has changed radically for many consumers. I avoid personal social I wash/disinfect my hands I pay more attention to my contacts more often health I spend more time with my I worry more about my I work from home family family/ friends 22 Source: [m]Science Germany March 2020
The majority of consumers in Germany are therefore particularly concerned when it comes to Corona 62% 51% 45% 37% 35% 35% 18% Fear Concern Frustration Confusion Rest Confidence Hope 33 Source: [m]Science Germany March 2020
Mobility behavior is also significantly influenced by Corona 3% 1% 15% 2% 30% 19% 22% 14% Public transport Rail travel Car (rental) Coaches More frequent use Less frequent use 12% 31% 2% 1% 11% 12% 9% 20% Bike Walking E-Scooter Plane 44 Source: [m]Science Germany March 2020
Digression: What we can learn from the Chinese data: what are people doing at home during the crisis? 55 Source: Kantar A cross industry view of the impact of Covid / 2020
Precaution, fear and boredom are also strong drivers for purchased product groups Pharma/ Health Travel/ Tourism Retailers of disinfectants and protective clothing also Due to travel bans and partial closure of borders, benefit, including pharmacies, but also drugstores the travel and tourism industry is certainly one of such as dm and Rossmann. the hardest hit by the crisis. Cleaning Entertainment The most obvious beneficiaries: manufacturers of COVID-19 has hit the entertainment industry disinfectants: The products are in such high particularly hard. Cinemas are closed, concerts demand that they are sold out in many places. are cancelled without exception. Food/ Beverage Gastronomy The fear drives many Germans to hoarding. According to Dehoga, almost 73% of In food retailing, for example, sales of ready-made restaurants, 85% of caterers and 83% of hotels soups have increased by 112%. reported sales losses. Digital Entertainment Luxury Besides the classic streaming providers (e.g. Netflix), In times of crisis, the demand for luxury goods is sectors such as mobile games, e-sports and video lower. The epidemic is likely to cost the luxury conferencing providers (e.g. Zoom) also benefit. goods industry up to € 37 billion in sales (BCG). 66 Source: GroupM Italy – GfK – Spiegel: Welche Branchen unter Corona leiden - und welche profitieren (3/2020)
The research results from [m]Science also show a prioritization of hygiene and pharmaceutical products 2% 4% 3% 3% 3% 11% 9% 11% 12% 13% 13% 14% 11% 12% 12% 16% 19% 15% 79% 87% 88% 88% 89% 81% 86% 85% 85% 81% 84% 84% 83% 78% 83% 87% 86% 86% Bought less frequently No change Bought more frequently 19% 9% 9% 9% 8% 8% 5% 4% 3% 3% 3% 3% 3% 3% 2% 2% 2% 2% 77 Source: [m]Science Germany March 2020
Data from Kantar Research indicate a similar prioritization of product groups Z N S U E E W U N A T K C R U H A N S L G 88 Quelle: Kantar Research 2020
The current purchasing behavior in Germany has changed significantly in four areas: I pay more attention to I do the shopping for hygiene in the supermarket other people I shop outside the main I buy in less frequented shopping hours shopping areas 99 Source: [m]Science Germany March 2020
...yet most consumers remain loyal to their preferred brands I continue to buy my I increasingly buy preferred brands cheaper food I'm stockpiling more I avoid visiting food supplies grocery stores 10 Source: [m]Science Germany March 2020
Preventive measures also lead to a lasting change in purchasing behavior The uncertainty about the new Coronavirus is breaking normal shopping behavior, retail researcher Eva Stüber summarized the results of a study by the Cologne IFH Institute. "Older people in particular are now becoming aware of online retail, including food. That will remain. People get used to it and notice: It works." hellofresh REWE online Flaschenpost.de getnow PicNic Bringmeister mytime.de "Current "We are “Flaschenpost "We are "We are "Processing "Increased demand is 60% experiencing a registers booked up - currently time of four to demand may above pre-crisis significant significantly sometimes experiencing an six days is result in a longer levels" increase in higher seven days in increase in currently processing time" order intensity demand" advance" demand of standard" in online almost 50 trading" percent" 11 Source: Desk research, IFH Study „Onlinehandel“
This also includes trying new, digital services 34% Medical online 33% Online 29% Communication 26% Online 84% of consumers in counseling education software entertainment China have tried at least one digital service for the first time during the crisis 21% 18% 14% 13% Live streaming of Social e- Online Indoor Online banking events commerce groups fitness classes services 12 Source: Kantar _A cross industry view of the impact of Covid / 2020
Please stay healthy and look after yourselves. 13
And when you need help – regardless of the topic – you can contact your MediaCom Team at any time. 14
You can also read