Talking To The Post-Recession Consumer

P L Chadwick [CC-BY-SA-2.0 (www.creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Shopping will never be the same. (CC P L Chadwick)

We would like to believe that the worst of the recession is behind us. Although we are cautiously optimistic about the future, deep down we know that things will never be the same. The downturn scared us good. Goodbye mindless consumption and hello budgets. In a study by Ogilvy of 1200 American respondents, 73% said they would rather have fewer, high quality things. A full 92% say they are using coupons, 91% are shopping at cheaper/discount stores and 90% are buying more store brands. Those who spent recklessly in the good old days are starting to enjoy a more thrifty lifestyle. The post-recession consumer is here to stay. Continue reading