Deloitte Consumers Shift Spending to Brands That Offer More Value for the Price
News Source : Hospitality Net
News Summary
- Ongoing economic uncertainty can give rise to a more cautious consumer, leading to increased value seeking across all age groups and income levels
- Deloitte defines value-seekers as consumers who exhibit three or more cost-conscious, deal-driven, or convenience-sacrificing behaviors per month across sectors
NEW YORK Key takeawaysInflation levels from recent years affected consumer perceptions that brands offer fair prices and strong value. This dynamic continues influencing how consumers vi [+9283 chars]
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