Consumer perception of store brand quality is getting stronger
by Deepak Sharma on Friday, October 08, 2010
Nielsen reports on how consumer perception of store brand quality is getting stronger; nearly three-quarters of U.S. households believe store brands are a good alternative to name brands, and nearly two-thirds of households say that store brand quality is just as good as that of name brands.
According to Nielsen, three-quarters of U.S. households believe store brands are a good alternative to name brands and nearly two-thirds of households say that store brand quality is just as good as name brands. In a recent Progressive Grocer Store Brands article, the depth of store brand buying reveals just how much consumer’s behaviors and attitudes have aligned.
With nearly 70% of store brand dollar sales coming from consumers who are “variety-seekers,” retailers can encourage deeper levels of store-brand buying by:
- Rewarding key consumers with continuity-based promotions.
- Implementing repeat stimuli efforts
- Targeting specific shoppers through direct mail efforts
For more details and tactical examples, continue reading at Progressive Grocer Store Brands.
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One comment
My wife and I had to go through a long process of being able to accept store brand items. We were both raised in homes where you never settled for second best, but in this economy we have been willing to try some store brands out. It is amazing when you do your research how many store brand items are made in the same place as the name brand.
by Michael Kushner on 4:31 PM. #
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