Business Daily Media

SME Business News

Brand values now the key drivers of customer loyalty - Toluna

  • Written by Articulate Communications

Environmental friendliness a core value for Australian shoppers 

 

WHAT: Toluna’s ‘Understanding the 2021 Consumer’ Global Barometer Study is a regular index that taps into a community panel of 36+ million members providing accurate and timely information on the world’s current perceptions. The latest research surveyed 1,045 respondents in Australia between 21-25 May 2021. 

 

KEY FINDINGS 

The key findings show that the disruptions caused by the pandemic have had major impacts on every part of our lives, particularly when it comes to shopping. From where and how we shop to which brands we choose to support, the pandemic has turned the concept of consumer loyalty on its head with Australians now more inclined to support brands who align with their personal values.  

 

Changed shopping preferences  

After several spates of panic buying across the country, 28% of Australians are now keeping their cupboards better stocked, with 17% spending more time carefully choosing the right household cleaning products.  

 

Customer loyalty is coming into question, with price affecting purchasing decisions and shoppers more open to trying new brands:  

  • 33% of Australians report to be more price sensitive when shopping compared with how they were pre-pandemic 
  • 17% are more open to trying new food and drink brands now, compared with before the pandemic 
  • Further, 13% stated they’ve continued to keep purchasing new brands they tried due to lockdown 

 

Supporting Australian made is also a growing concern, with 67% of shoppers trying to buy more food products from Australia or produced locally, compared to pre-pandemic.  

 

The importance of brand values 

Brand loyalty is no longer something brands can take for granted – consumers are now more inclined to support brands whose values align with their own. In fact, over two thirds (69%) of respondents said they go out of their way to engage with brands who align with their values, while 34% said they’ve stopped supporting the ones that don’t.  

 

Almost half (45%) of Australian shoppers prioritise sustainability and environmental friendliness as a core value. This is supported by 51% who now actively try to buy food and drink products with less plastic packaging.  

 

Humanitarian issues (26%) and supporting racial equality (25%) and gender equality (23%) are also key issues for consumers. As are more traditional brand values such as value for money (56%) and customer support (37%).  

 

Vaccinations are up 

Other findings from the latest Toluna Barometer show that COVID-19 vaccinations are on the up, with 26% of respondents either partially or fully vaccinated – a sharp increase compared with only 3% of respondents vaccinated in last month’s Barometer.  

  • A further 8% of respondents have secured an appointment to be vaccinated 
  • 29% believe they’ll have a vaccine available to them soon 
  • 9% of respondents don’t believe they’ll have access to a vaccine in the immediate future 
  • 16% of respondents are still deciding whether they want to be vaccinated 
  • While 12% of respondents don’t ever wish to be vaccinated against COVID-19  

 

Travel hesitancy 

Despite the uptick in vaccinations, recent issues with quarantine have likely put a dampener on travel plans, with almost half the respondents (47%) not comfortable booking a holiday before May 2022 or beyond, despite 84% of respondents stating they miss travelling.  

 

In the short term (over the next one to two months) only 10% of respondents would happily book an overseas trip. However domestic travel is more appealing, with almost a third (27%) keen to treat themselves to a holiday within Australia in the coming months.  

 

Toluna Analysis  

Over the last twelve months, the COVID-19 pandemic, as well as economic concerns and social issues, have rapidly impacted the attitudes and behaviours of today’s consumer. As brands are now coming out the other side, many are grappling to find the best way to remain relevant and continue to engage their core consumers,” said Sej Patel, Country Director, Toluna, Australia & New Zealand. 

 

“Although ‘brand loyalty’ isn’t quite a thing of the past, what drives brand loyalty is changing. Consumers are now more inclined to support brands whose values align with their own, and stop shopping with brands that don’t. As we emerge from the pandemic and get back to business, brands will increasingly need to stand for something - to participate in culture, society and politics; to show that they are environmentally friendly or support humanitarian issues. This is why it’s critical for brands to have access to accurate, on demand consumer insights to truly understand and connect with their consumers and intelligently inform their strategic decision-making and planning.” 

 


About Toluna  

Toluna delivers real-time consumer insights at the speed of the on-demand economy. With a commitment to leading by technology innovation, Toluna revolutionises market research and empowers clients with the agility to instantly conduct quantitative and qualitative research. By combining global scale and local expertise with innovative digital solutions and award-winning research design, Toluna helps clients explore tomorrow, now.   

   

Toluna is the parent company of Harris Interactive Europe and KuRunData. Together, we strive to push market research toward a better tomorrow. 

Business Daily Media Business Development

Celebrating Australia’s innovative, evolving and ‘loved’ local business community

Australia is a nation famous for local businesses. From the tip of Tasmania to the top of Darwin, and from the East coast to the West, retailers and mechanics, dentists and tradies are p...

Dave Scheine, Country Manager Australia at Podium - avatar Dave Scheine, Country Manager Australia at Podium

3 Things You Can Do To Reduce Workplace Injuries From Happening With Your Staff

So many businesses are more busy now than they have been in the last few years. But with issues with staffing and supply chain problems slowing things down, it’s vital that you as a bu...

Business Daily Media - avatar Business Daily Media

Wonders in The Whitsundays

TRAVEL DEALS   Stay for 3, Pay for 2 in Airlie Beach  Extend your holidays and treat yourself to the ultimate resort experience in February and March. Choose from fully self-contain...

Jasmine Halley - avatar Jasmine Halley

Icon Agency wins Large Agency of the Year at the 2021 GTA awards

Integrated Melbourne agency Icon has taken top honours at the 2021 Public Relations Institute of Australia (PRIA) Golden Target Awards, bringing home Gold as the Large Agency of the Year...

Business Daily Media - avatar Business Daily Media

Writers Wanted



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion