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Episode 24: Buy this, not that: Why purchase decision making is getting more complex

Episode 24: Buy this, not that: Why purchase decision making is getting more complex

FromMintel Little Conversation


Episode 24: Buy this, not that: Why purchase decision making is getting more complex

FromMintel Little Conversation

ratings:
Length:
39 minutes
Released:
Nov 18, 2019
Format:
Podcast episode

Description

Today, we talk about purchase decision making or, more simply, the complicated process consumers go through before parting with their hard-earned cash. As companies go bust and in-store footfall declines, it may be tempting to declare the death of the high street/main street. The truth is, consumers are simply changing the way they approach shopping. Online and offline practices are more fluid than ever, while factors like social media, direct-to-consumer brands, and data-driven marketing contribute to further disruption. Join our analysts for an insight-packed conversation encompassing decision fatigue, the redefinition of value, and the impact of ethical practices and sustainability.


Host: Samantha Dover (Senior Retail Analyst, UK)
Guest: Carol Wong-Li (Associate Director of Lifestyles and Leisure, Canada), Diana Kelter (Senior Trend Analyst, US),
Jane Hurh (Senior Analyst, Mintel Purchase Intelligence)
Released:
Nov 18, 2019
Format:
Podcast episode

Titles in the series (100)

Little Conversation brings you fresh ideas and new perspectives on how consumers eat, drink, shop, groom and think. From the rise of veganism to the future of social media and the urgency of sustainability in beauty, Mintel experts discuss key topics affecting today’s consumers in a fun, entertaining and informal way.