This article by Ken Roshkoff, AMC Global's CEO, originally appeared in the American Marketing Association's March 2021 issue of Marketing News
Each week since the onset of the pandemic, we've been conducting studies into the intricacies of shopper behavior. Our data shows that one thing is clear: the world of shopping has undergone tremendous change during the past year with immediate, notable shifts since March. Due to the restrictions, closures and health concerns stemming from the virus, people have been forced to turn to online shopping for all essentials. The continued shift to eCommerce was seen also during the holiday shopping season of 2020, when 71% of our ongoing study respondents said they’d be doing all their shopping online only. And online shopping preferences for essential items are predicted to continue into 2021—25% of our study participants predict they will continue to order their groceries online this year.
And it isn’t just procuring practical basics that are driving purchasing behavior. Social isolation is also playing a role in how people are shopping online, and there has been a rise in “retail therapy” (after the initial panic purchasing). As people seek comfort from the online shopping environment, they have different priorities for the online shopping they are doing.
So how do you make sure you are reaching your target audiences the right way in this new shopping world, instigated by the pandemic? First you need to understand the new shopper experience, and then fully optimize it.
The methods to get the shopper insights you need are myriad, from qualitative and quantitative solutions, including shopper segmentation research, virtual qualitative research like online diaries, proper messaging and communication studies, and packaging design research.
Now is not the time to be left behind. Data and insights have been solid touchpoints in an otherwise turbulent environment, giving both individuals and companies clarity on a wide variety of issues. Because shopper behavior has undergone such a drastic change, and continues to transform, successful brands will employ the right research methods to understand their audiences now and in the future.
---
Want to learn more? Check out our market research solutions.