Seven in 10 shoppers switch brands in past year, experts say

Stakeholders on consumer behaviour have said that brand Loyalty is now uncertain as almost seven in every 10 shoppers have switched brands in the past one year due to increased prices.

This was at the NielsenlQ breakfast Conference, themed, Growing around “The Big Squeeze” in Lagos, Which was prompted by the current seismic shocks observed in the market both at a macro and micro level.

Senior Manager, CMI East & West Africa, Tosin Onayemi, said 95 per cent of consumers have changed how they shop for their FMCG to manage expenses…

Read more at Guardian

Leave a Reply

Your email address will not be published. Required fields are marked *