CHICAGO, March 25, 2021 /PRNewswire/ — Numerator, a data and tech company serving the market research space, has launched a COVID Buyer Habit Index to understand the stickiness of new consumer buying behaviors formed during COVID-19. The analysis examines seven major FMCG categories (Alcohol, Baking & Cooking, Beverages, Meat, Snacks, Personal Care, and Vitamins & Supplements) to identify which categories were more habit forming in 2020 vs. 2019.
The index compares repeat purchase behavior of new category buyers during the height of COVID-19 panic buying (March – April 2020) to new buyers in the same period in 2019. Numerator used six repeat purchases by year-end 2020, following a first time purchase in March-April 2020 to qualify as habits, although the study can be adjusted for any time period and repurchase rate (methodology noted at end).
“Consumers radically changed buying behaviors during COVID. Brands and retailers need to understand which new COVID behaviors solidified into habits that are likely to persist post COVID,” said Eric Belcher, CEO, Numerator. “This is important to define reopening strategies from marketing through inventory management.”
Extensive time at home has helped consumers master more complex and less familiar food preparation (e.g., raw baking ingredients indexed higher than baking mixes; fresh seafood indexed higher than more familiar meats and poultry). Key category findings include:
Alcohol:
Baking & Cooking:
Beverages:
Meat:
Snacks
Personal Care:
Vitamins & Supplements:
COVID Buying Habit Index
March / April 2020 new category buyers vs YA new category buyers
Major Category |
Category |
Index |
Alcohol |
Wine |
166 |
Beer |
145 |
|
Spirits |
142 |
|
Baking & Cooking |
Baking Ingredients |
149 |
Flour & Blends |
133 |
|
Baking Mixes |
116 |
|
Baking Chips & Bars |
116 |
|
Yeast & Leaveners |
32 |
|
Beverages |
Soft Drinks |
129 |
Sports & Energy Drinks |
111 |
|
Water |
104 |
|
Kombucha |
78 |
|
Meat |
Fresh Seafood |
178 |
Frozen Meat |
118 |
|
Beef |
117 |
|
Frozen Seafood |
114 |
|
Poultry |
102 |
|
Meat Alternatives |
93 |
|
Snacks |
Snack Mixes |
113 |
Meat Snacks |
110 |
|
Snack Seeds, Nuts, Trail Mix |
108 |
|
Crackers |
105 |
|
Chips |
101 |
|
Popcorn |
96 |
|
Nutrition & Wholesome |
94 |
|
Puffed Snacks |
93 |
|
Pea/Bean/Vegetable Snacks |
82 |
|
Personal Care |
Hair Color |
229 |
Nail Color & Care |
172 |
|
Creams, Balms & Aftershaves |
134 |
|
Vitamins & Supplements |
Vitamin Letters |
221 |
Immunity |
160 |
|
Minerals |
112 |
|
Hair, Nails & Skin |
103 |
|
Multivitamins |
83 |
Methodology: New Buyers are defined as having purchased a given product/category for the first time in 6+ months during the focus period (March – April 2020). New Habit Formers are a subset of New Buyers, and have re-purchased the category in six or more of the remaining months in the post-period (May – December 2020). The New Habit Index is calculated as the percentage of New Buyers who formed habits in 2020 vs the percentage who formed habits during 2019.
About Numerator
Numerator is a data and tech company bringing speed and scale to market research. Headquartered in Chicago, IL, Numerator has more than 2,000 employees worldwide. The company blends proprietary data with advanced technology to create unique insights for the market research industry that has been slow to change. The majority of Fortune 100 companies are Numerator clients.
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SOURCE Numerator
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