Ipsos Unveils Ipsos Global Trends 2024 Providing Lowdown On Shifting Consumer Attitudes
The survey covers 74 per cent of world’s population and 90 per cent of the global gross domestic product (GDP)
consumer
Consumer
E-commerce & Marketplaces
Fashion & Lifestyle
Feature
News
Retail
Sector
Poll Reveals Gen Z’s Favourite Fashion Destination
- by Tarannum Manjul
- May 15, 2024
A recent poll conducted on Hunch, a social discovery app, sheds light on the rapidly evolving shopping habits of consumers The fashion industry has experienced a significant paradigm shift, propelled by the digital revolution that has reshaped the way people shop. With a plethora of online platforms now available, buyers and sellers are no longer […]
Finance
National
News
Rural India Spends More On Education, Durables & Services: Report
- by BW Retail World Bureau
- March 16, 2024
A recent report by the consumer insights think tank, The Bharat Lab, has highlighted significant shifts in consumer spending patterns among Indian consumers in tier-2, tier-3, and rural markets. Drawing insights from the household consumption expenditure survey report for 2022-23, the report underscores a notable trend wherein consumers in these markets are allocating more of […]
Companies
Finance
News
73% Indians Would Abandon UPI If Transaction Fees Introduced: Survey
- by BW Retail World Bureau
- March 4, 2024
A recent online survey conducted by LocalCircles revealed that a majority of people would stop using UPI if a transaction fee is charged for it. The survey received over 34,000 responses from citizens in 364 districts, with 67 per cent of male respondents and 33 per cent of women. The Reserve Bank of India (RBI) […]
Manufacturing
News
Indian Manufacturing Booms, 87% Expect Rising Production In Q4: Survey
- by BW Retail World Bureau
- February 13, 2024
A survey conducted by industry body FICCI revealed sustained and continued growth for India’s manufacturing sector in the last two quarters of 2023-24 (October-March). Compared to the previous quarter, October-December, when 73 per cent of respondents had reported higher production levels, in the current January-March quarter, around 87 per cent of respondents expected either higher […]
Finance
News
Retail
Kirana Stores Ditch Paytm After RBI Ban, Incline Towards Other Apps
- by BW Retail World Bureau
- February 9, 2024
A recent announcement by the Reserve Bank of India (RBI) directing Paytm Payments Bank to halt services by February end, has led local Kirana store owners to start using other payment apps for business. A survey conducted by Kirana Club indicates that 69 per cent of respondents use the Paytm QR code for daily transactions […]
Consumer
Feature
National
News
Price Doesn’t Matter To 71% Of Indian Consumers While Buying: Report
- by Amisha Sharma
- January 29, 2024
Qualtrics’ 2024 Consumer Trends Report highlights a paradigm shift among Indian consumers Only 29 per cent of Indian consumers consider price as the primary driver when choosing products or services, a recent survey revealed. Contrary to popular belief, the survey found that for Indian consumers, product and service quality, excellent customer service and a simple […]
Consumer
International
News
Retail
Survey Shows Shift In Consumer Confidence Across 29 Nations
- by BW Retail World Bureau
- January 24, 2024
Consumer confidence has increased by 2.2 percentage points, revealed a recent report by Refinitiv-Ipsos, the primary consumer sentiment index (PCSI). This surge is reflected across all four sub-indices, indicating a positive outlook on various economic aspects. The monthly PCSI result, determined by the sum of four weighted sub-indices, paints a promising picture for the economy. […]
Consumer
News
Young Consumers Are Ahead Exercising Their Data Rights: Report
- by BW Retail World Bureau
- October 19, 2023
A report on Wednesday revealed that young consumers are taking deliberate action to protect their privacy, as 42 per cent of them, aged between 18 to 24 years, exercise their Data Subject Access Rights, compared with just 6 per cent of consumers who are 75 years and older. The ‘Cisco 2023 Consumer Privacy Survey’ says […]
News
Retail
Retail Tech
90% Retailers Opt For Digital Payments, Expects Over 50% Sales Via UPI: Survey
- by BW Retail World Bureau
- May 17, 2023
Digital payments in India have been crossing record transactions in the last few months. According to recent data from RBI, NPCI, and banks, digital transactions have jumped from 20.7 billion in FY 2017-18 to 88.4 billion in FY 2021-22. March 2023 saw UPI transactions clocking the highest-ever number of transactions at 8.7 billion, making it […]