Site icon Metapress

How COVID-19 Impact Consumer Behaviour for Local Businesses

How COVID-19 Impact Consumer Behaviour for Local Businesses

This new pandemic took the world by surprise. People all around the globe have seen how COVID changed the way they socialize and even how they shop. Consumer behaviour changed because of the life changes brought about by the virus and the restrictions imposed to curb the number of cases. The lockdowns also showed how marketing influences consumer behaviour even with very limited ways to reach out to people.

Organizations like Accenture have conducted studies to understand how COVID-19 has affected consumer behaviour especially in dealing with local businesses. Tracking COVID-related behaviours and sentiments in the months since early 2020 unlocked doors for understanding the role of local businesses in meeting consumer needs even in the midst of a pandemic. And the most vital tool? A reliable internet in Saskatchewan.

As the world has been changed by the COVID-19 pandemic, the way people shop also drastically became different. Supply chains have been tested and most retailers had to close their doors due to government restrictions. Consumers around the world are looking at brands, products, and services through a different lens. Thankfully, marketers were quick to their feet in reaching out to consumers. Various research groups found that new habits were formed during the pandemic and are expected to be ingrained in them even beyond it. Here’s how marketing influences consumer behaviour during the time of COVID:

Behaviour in the time of crisis

In countries that were heavily impacted by COVID-19 like Canada, consumers stock food and other essentials as they were isolated from crowds. The Nielsen group conducted shopper behaviour research from the beginning of the pandemic in China and extended to other countries. These were the 6 observable behavioural stages that consumers exhibited based on their awareness of the COVID-19 spread in their area:

  1. Proactive health-minded buying – There is an increased interest in acquiring products that maintain health and well-being.
  2. Reactive health management – There is a prioritization of products meant to control and contain infections like face masks and alcohol.
  3. Pantry preparation – There are higher purchases of shelf-safe products and more frequent store visits.
  4. Quarantined living preparation – Online shopping becomes more frequent while store visits become lesser.
  5. Restricted living – Possibility of price gouging because of limited supplies and deterred online fulfillment.
  6. Living in the new normal – There is increased health awareness even if people start to return to their typical activities.

Novel shopping preferences

When consumers faced different shopping restrictions, they found and adopted newer ways to shop with the help of technology. Perhaps one of the most tangible proofs of how marketing influences consumer behaviour is when some local businesses experienced a surge in orders as clients found their ads online.

Before COVID-19 the usage of online shopping platforms and self-checkout systems was popular only among the younger generations. Even then, the majority of the transactions made online are for wants and not much for needs. However, due to the pandemic, people from earlier generations are starting to use these platforms as a safe and valid option to obtain groceries and other essentials. But aside from these needs, there was also a significant increase in demand for other products like entertainment and media.

Relying on Manufacturers

When COVID lockdowns happened, a majority of supplies were restricted, which posed various challenges in the supply chain. Now, instead of waiting on distribution channels, consumers found Direct to Consumer (D2C) manufacturers to order and receive the goods that they need within a particular timeframe. By adopting marketing and delivery options for their market, a majority of D2C was able to sustain their momentum and lessen the blow of quarantine restrictions.

Trust and Loyalty

One of the most important considerations to entice consumers to shop from local businesses is trust. When brands foster lasting loyalty, the sales become more stable regardless of the difficulties of the situation. Brands should not just meet client expectations, they should exceed them. Here are some approaches that can help:

COVID-19 may have put things to a standstill for a while but this has also opened doors for local businesses to improve and reach a wider audience. The changes in consumer behaviour are greatly due to the changed routines. As consumers adopted new habits and behaviour, local businesses should also be able to handle them.

Exit mobile version