Key Highlights
- 78% of consumers say that personalization influences their purchase decisions in the consumer goods industry
- 60% of marketing budgets in consumer goods are allocated to digital channels as of 2023
- 65% of consumer goods companies have increased their investment in influencer marketing over the past year
- 72% of consumers prefer brands that align with their values, making brand purpose a key marketing focus
- 50% of consumers buy from brands they follow on social media regularly
- 70% of consumer goods companies use augmented reality (AR) to enhance shopping experiences
- 45% of consumers use mobile devices for product research before purchasing consumer goods
- 85% of marketers find content marketing effective for brand building in the consumer goods sector
- 55% of consumers are more likely to buy from brands offering seamless omnichannel experiences
- 80% of consumer goods companies plan to increase digital ad spend in 2024
- 62% of consumers are willing to share their data if it results in personalized shopping experiences
- 68% of consumer goods companies are exploring or expanding e-commerce capabilities
- 47% of consumers say sustainability practices influence their purchasing decisions in the consumer goods industry
In an era where personalization, sustainability, and digital innovation dominate consumer preferences, the consumer goods industry is rapidly transforming its marketing landscape—driven by data analytics, immersive experiences like AR, and a strong emphasis on brand purpose that influences nearly 78% of purchase decisions.
Brand Loyalty and Consumer Behavior
- 72% of consumers prefer brands that align with their values, making brand purpose a key marketing focus
- 85% of marketers find content marketing effective for brand building in the consumer goods sector
- 47% of consumers say sustainability practices influence their purchasing decisions in the consumer goods industry
- 76% of consumers prefer brands that offer loyalty programs
- 74% of consumers are influenced by eco-friendly packaging in their purchase decisions
- 72% of consumer goods firms plan to implement more sustainable packaging solutions within the next three years
- 54% of consumers have made purchasing decisions based on brands’ environmental commitments
- 63% of consumers participate in loyalty programs that incorporate experiential rewards
- 66% of marketing professionals in consumer goods think that integrating sustainability into brand storytelling increases customer loyalty
- 80% of consumers are more inclined to purchase from brands with active corporate social responsibility programs
- 70% of consumers say they are more likely to buy from brands that support social causes
Brand Loyalty and Consumer Behavior Interpretation
Consumer Trust and Engagement
- 78% of consumers say that personalization influences their purchase decisions in the consumer goods industry
- 50% of consumers buy from brands they follow on social media regularly
- 45% of consumers use mobile devices for product research before purchasing consumer goods
- 55% of consumers are more likely to buy from brands offering seamless omnichannel experiences
- 43% of consumers prefer self-service options when shopping for consumer goods online
- 65% of consumers have abandoned online shopping carts due to poor website experience
- 53% of consumers say they are more likely to trust brands that actively participate in social responsibility initiatives
- 58% of consumer goods companies utilize video marketing to engage customers
- 45% of consumers look for product reviews online before making a purchase
- 66% of consumers follow their favorite brands on social media for exclusive content and promotions
- 69% of brands see improved customer engagement through social media advertising
- 80% of consumers expect brands to address social issues, making corporate social responsibility a vital component of marketing
- 55% of consumers have engaged with branded content on TikTok, leading to increased brand awareness
- 61% of consumers use their smartphones to compare prices in-store, influencing their purchase decisions
- 76% of consumers are more likely to purchase from brands that offer easy-to-understand product information
- 59% of consumers prefer shopping from brands that demonstrate transparency in sourcing and manufacturing processes
- 79% of marketers see social media as the most effective channel for real-time customer engagement
- 59% of consumer goods companies are focusing on sustainability reporting as part of their marketing communication
- 75% of consumers trust recommendations from online reviews over traditional advertising
- 69% of consumers expect brands to be proactive in addressing consumer concerns on social media
- 61% of consumers make purchase decisions influenced by influencer reviews on social media
- 70% of consumer brands are increasing their reliance on user-generated content to foster trust
- 74% of consumers believe brands should be more transparent about environmental impacts
- 69% of consumers research products via online videos before making a purchase
- 53% of brands are planning to use more interactive content to engage consumers in 2024
- 58% of consumers follow brands for exclusive behind-the-scenes content that offers a sense of participation
Consumer Trust and Engagement Interpretation
Digital Interaction and Innovation
- 70% of consumer goods companies use augmented reality (AR) to enhance shopping experiences
- 54% of consumers use social media to discover new consumer goods products
- 70% of consumers expect brands to provide product information via chatbots
- 67% of consumer goods companies plan to leverage AR and VR for virtual try-ons or product demonstrations
- 54% of marketing professionals in consumer goods believe that immersive content (AR/VR) will be essential for future campaigns
- 46% of consumers prefer brands with a strong online presence, including active social media profiles and engaging websites
- 64% of consumer goods companies believe that virtual events will significantly boost brand engagement in the next year
Digital Interaction and Innovation Interpretation
Marketing Budget Allocation and Strategy
- 60% of marketing budgets in consumer goods are allocated to digital channels as of 2023
- 65% of consumer goods companies have increased their investment in influencer marketing over the past year
- 80% of consumer goods companies plan to increase digital ad spend in 2024
- 68% of consumer goods companies are exploring or expanding e-commerce capabilities
- 71% of consumer goods marketers believe AI will significantly impact their marketing strategies in the next five years
- 82% of consumer goods brands are utilizing data analytics to optimize marketing campaigns
- 48% of consumer goods companies report increased ROI from influencer collaborations
- 65% of consumer goods marketers believe that data privacy concerns will impact marketing strategies in the coming years
- 67% of consumer brands plan to increase investment in AI-driven marketing tools within two years
- 58% of consumer goods companies believe that short-form video content is the future of brand storytelling
Marketing Budget Allocation and Strategy Interpretation
Personalization and Customer Preferences
- 62% of consumers are willing to share their data if it results in personalized shopping experiences
- 77% of consumer goods companies plan to adopt very personalized marketing strategies within two years
- 48% of consumers say they’ve discovered new brands through targeted social media ads
- 54% of brands tailor their marketing content based on regional preferences to increase relevance
- 82% of marketing professionals in consumer goods see data analytics as critical to customer personalization
- 74% of consumers prefer brands offering personalized offers and discounts
- 77% of consumers trust brands more when their marketing aligns with their personal values
Personalization and Customer Preferences Interpretation
Sources & References
- Reference 1FORRESTERResearch Publication(2024)Visit source
- Reference 2MINTELResearch Publication(2024)Visit source
- Reference 3BCGResearch Publication(2024)Visit source
- Reference 4EMARKETERResearch Publication(2024)Visit source
- Reference 5STATISTAResearch Publication(2024)Visit source
- Reference 6EDELMANResearch Publication(2024)Visit source
- Reference 7PWCResearch Publication(2024)Visit source
- Reference 8CONTENTMARKETINGINSTITUTEResearch Publication(2024)Visit source
- Reference 9NIELSENResearch Publication(2024)Visit source
- Reference 10MCKINSEYResearch Publication(2024)Visit source