With the Holidays fast approaching, Ibotta surveyed 2,500 consumers and 400 industry experts to help inform strategies to best break through this Holiday season.
Looking for new customers? 42% of shoppers said that when they tried a brand for the first time, it was the result of a digital offer.
Looking to drive trial? 76% of shoppers report sticking to brands they like; 75% are willing to try a new brand if it’s offered at a lower price (assuming the quality is equal).
An overwhelming majority of shoppers say that it’s important for them to save money right now (87%), according to first-party Ibotta research. Unsurprisingly, the top reported reasons all tie back to rising grocery costs and inflation, with “offsetting price increases” (40%), “feeling financially secure” (38%), and simply “getting by” (38%) being the top reasons.
itim Group plc (LON:ITIM) is a SaaS-based technology company that enables store-based retailers to optimise their businesses to improve financial performance and effectively compete with online competitors. Itim adds retail value by helping multi-channel retailers optimise their business and their stores to improve financial performance and compete more effectively with the “Amazons”.