Results of our new alcoholic beverage consumer survey seems to suggest that an economic hangover may be in our future. More than 5,000 U.S. consumers of legal drinking age tell us that when the recession lifts, their alcoholic beverage spending will be fairly restrained. In fact, three-quarters of consumers tell us that either when out or at home, they are not planning on changing their spending habits when the economy improves. Of the remainder, any increases will fall into the “little” and not “a lot” category.
As …

With the economy effecting consumers, retailers, and marketers alike, this week’s Nielsen’s Consumer360 Conference presents an opportunity to think about new ways of addressing this marketing challenge.

On Tuesday, a session called “Data Mining the Recession”, presented by Nielsen’s Mark Laceky and Mitch Kriss identified three main ways shoppers are trying to save money.

The economic downturn has been a boon to dollar stores, which attracted increased consumer spending in 2008, including spending among high and middle income shoppers, according to The Nielsen Company. Nielsen’s analysis of consumer shopping habits shows consumers at all income levels shopping more at dollar stores, with high income shoppers spending 18 percent more at dollar stores in the second half of 2008 compared to the prior year. Dollar stores are outpacing major consumer packaged goods (CPG) channels among both low and high income shoppers. The …

Store brands are on a winning streak, with sales running countercyclical to the economy and perceived product quality a hit with strapped consumers. Find out how to launch and leverage a strong store brand.

New Zealanders are increasingly concerned about their job security and prospects, according to a new survey from Nielsen.  Job confidence has slumped, with 71 percent of respondents characterizing local job prospects as “not so good” or “bad,” compared to just 38 percent who had that view six months ago.
Consumer confidence has also taken a hit, showing a nine-point drop to 90 since the survey was last conducted in October 2008.  Despite that drop, Kiwis’ confidence is strong compared to other Asia Pacific countries – 12 points higher – and 13 …

Nick Lake is VP, Group Client Director, The Nielsen Company
Summer’s coming. Beer season. And as grocery retailers develop strategies to help maximize their sales during the 2009 summer selling season, it’s clear there are a number of unanswered questions about the economy that could impact your business: Have job losses begun to stabilize? Which way will the stock market go today? Have we hit rock bottom yet?
If we had a crystal ball, it would be easy to determine the answers to those and other questions about our economy. But it’s …

Todd Hale, SVP, Shopper and Consumer Insight, The Nielsen Company
2008 was a stellar year for store brands in the U.S., with both dollar and unit growth outpacing branded offerings across consumer packaged goods (CPG) categories. Store brand dollar sales within food, drug and mass merchandisers grew 10.2% for the year, while branded dollar sales grew by just 2.6%. Although the gap in unit sales was not as wide, indicative of how store brand dollar growth resulted from inflationary pricing across a number of commodity-based categories, store brand units grew 2.6% …

While emerging markets experience the largest declines in consumer confidence to date, signs of recovery are imminent as the U.S. shows a glimmer of hope posting no significant declines from six months ago.

Valerie Bogus, Nielsen Online
President Barack Obama has reached his 100th day in office amid generally positive sentiment according to a Nielsen Online analysis of online “buzz” surrounding the 44th President. Using our Brand Association Map to plot keywords and phrases, we demonstrate visually how the conversations have shifted between his first 100 days in office, compared to the 100 days before his swearing in.
The economy and the economic stimulus package are the isues most closely associated with President Obama’s tenure, as words like “crisis,” “trillion,” “banks,” and “tax” are nested …

Organic products – which are often priced at a premium over non-organic products – have taken a sales hit over the last 12 months as consumers have cut back discretionary spending, according to new analysis by Nielsen’s Director of Industry Insights, Tom Pirovano.  In March 2008, monthly sales of organic products grew 24 percent; a year later, growth almost came to a standstill of 1 percent, marking a dramatic shift from previous monthly growth rates of more than 30 percent seen in 2005 and 2006.
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“The recession and …