The New Value Shopper

International Dairy-Deli-Bakery Association
April 1, 2009
SKU: DDB2264238
License type:
Challenged by a difficult economy, consumers have responded sharply with dramatic changes in how, where, and why they buy foods and beverages. The IDDBA commissioned Datassential to do an in-depth study of 3,500 consumers. The resulting study explores the attitudes and behavior of The New Value Shopper. It is designed to provide you with useful tips, tactics, and strategies on how best to capitalize on the new economy and grow your business.

Purchasers of the full report will also receive access to all of the tables online via the Datassential iDEA Tool (interactive Data Evaluation & Analytics). This will allow you to run your own data sorts. Purchasers will also receive a free 90-day online subscription to Menu Trends INSIDER (service that tracks activity at top chain restaurants).

Key findings:
    1) The New Value Shopper is EVERYONE. They are the typical consumer, not the exception.
    2) Quality & Price Come First. Consumers want freshness with consistent quality at a good price.
    3) The Search for Value Extends Beyond the Store. Comparison shopping & planning are key.
    4) For Most, It’s Back to Basics. Shoppers are stretching their food dollar and making trade-offs.
    5) Customers Value Honesty. They like national and store brands that offer honesty and value.
    6) Store Brands are Growing Fast. Consumers see store brands as just as good in quality and taste.
    7) Identify Core Customers. Identify loyal customers and use them as your foundation customers.
    8) Have Both Short-Term and Long-Term Strategies. Do not lose sight of the future as you react to improve your operations in today’s economic climate. Keep the long-term prognosis and potential consequences of today’s actions in mind.
Study shows:
    1) General Ways Consumers are Cutting Back (Gourmet Food, Single-Serve, Back to Basics, Organic and All-Natural Foods, Name Brands, Specific Categories, Meat/Poultry, Snack Foods, Juices & Sodas, Frozen Foods, Dry Staples, etc.).
    2) Impact of Store Brands and Off Brands (Purchase Frequency, Purchase Trends, Attitudes about Store Brands, Demographic Impacts, Perceived Quality, Price Triggers, Impact for the Future).
    3) At-Home vs. Away-From-Home Dining Trends (New Cooking Culture, Eating At Home is Not Perceived as Trading Down, Preference for Home-Prepared Meals, Economic Appeal of Eating at Home, Response from the Restaurant Industry, etc.).
    4) Consumer Impact at the In-Store Deli and Bakery (Purchase Frequency, Visitation Trends, Special Occasion Buys, Cannibalization by the Aisles, At-Home Cooks, Financial Stability, Quality & Price Perceptions vs Packaged Foods, Acceptability of Premium Products, Meal Purchases at the Deli, Quality Perceptions vs Fast Food).
    5) Solutions (Defining “Value,” Nuances of Value, Ways Shoppers Like to Save, Information Sources, A Framework for Developing New Value Strategies, Potential Tactics, What Consumers Want).
One of the key elements of this study includes extensive verbatim comments from consumers about what they want and their perceptions on brands, taste, value, price, freshness, service, and other attributes