Global Grocery Store choice survey


The Nielsen survey reveals that the ‘Location, Location, Location’ mantra used by retailers as the critical success factor may need to be revised. Globally, consumers have revealed that Good Value for Money is now the most important factor in determining where they buy their groceries.

Nielsen found an overwhelming eighty-five percent of the world’s consumers ranked Good Value for Money the most important consideration when choosing a grocery store, with the most avid value-seekers hailing from the Philippines, Singapore, Portugal, Germany, India and Austria. The second most important attribute for the world’s shoppers was a retail outlet that offered a Better Selection of High Quality Brands and Products.

Comments

Hi Sir,
Read the survey report regarding store choice factors. I agree to the findings and are very informative.

N pls post something on the Big Bazaar "Sabse Sasta Din" 25,26,27th Jan. Does it corrode the brand name coz at big bazaar every day u have discounts so how did sabse sasta din helps in building store loyalty n patronage and is it different from any other day???

Regards
Naveeen Vijay
Survey Report said…
I agree that your findings are very useful, and I hope that linguists will use them to show that IRBs are out of step.

Survey Report

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