Consumers today are taking a more methodical approach to grocery shopping, driven by rising prices and the abundance of shopping options. Recent insights from Inmar Intelligence, revealed during a webinar on mid-year promotion trends, show that shoppers are investing significant time in planning their purchases.
Data reveals that nearly 66% of consumers now dedicate at least 30 minutes to prepare for their grocery trips. This includes up to two hours spent on meal planning, price comparisons, and coupon searching. With grocery costs soaring by an average of $50 weekly compared to five years ago, inflation, though easing, continues to impact consumer behavior. Bill Beyea, a senior manager at Inmar, emphasizes that even with salary increases, consumers remain wary of “sticker shock.”
The growing trend of cooking at home further fuels this methodical planning. A notable 54% of surveyed shoppers organize their meal schedules alongside their grocery lists, while 35% actively seek out culinary inspiration. Notably, two-thirds of consumers create shopping lists specifically tailored to promote savings through deals and discounts.
Retailers aiming to capture this mindful consumer base must re-evaluate their strategies. As noted by Pete Medina from Inmar, fostering shopper loyalty requires actionable insights into what drives consumers’ choices. Personalized loyalty programs and tailored savings can help grocers align with the needs of this new breed of shopper.
For those navigating the complexities of grocery shopping, the emphasis on thoughtful planning underscores a significant change in market dynamics. By understanding and adapting to these shifts, retailers can better position themselves to meet consumer demands in a challenging economic landscape.