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Page 1: The Frugal Fashionista - Attitudes to fashion spend

Traditional in-store shopping has the benefit of being able to provide a tangible shopping experience

It’s all about getting a sense of what you are buying

61% 57% 56%

Most commonly used stores

FRUGAL FASHIONISTA 2013 saw our rise from the recessionary ashes but Shoppers did not

feel the love and continued to watch their pennies. Our 2014 Shopper Barometer study shows the extent to which behaviours have changed forever with Shoppers actively spreading their purse for maximum choice and savings.Savvy shoppers are spreading their buying power across an average of 11 retailers!

The

The Shopper Barometer study was conducted in December 2013 with 1,200 primary household shoppers, including 600 fashion shoppers.

For further information please contact Noreen Kinsey, Head of Shopper Insight T: 01865 336 400 E: [email protected]

Data courtesy of SPA Future Thinking

www.spafuturethinking.com

TheShopperBarometer innovation intelligence inspiration

As with other categories, over half of shoppers are looking to make cut backs when it comes to clothing. However, this figure is lower than 2013

TheShopperBarometer

The Shopper has travelled far in the past 5 years and optimism about the UK economy is starting to bloom, with the first increase we’ve seen in positivity for 5 years!

Shoppers are being selective in how they make cuts and less are sticking to a budget

Stick to a budget 28%

Don’t have a budget 26%

Pay more attention to price 26%

Cut costs on recentpurchases 19%

Have a loosebudget 15%

Pay more attention to value 15%

-3%

-1%

+4%

-2%

+4%

+7%

Mov

emen

t si

nce

2013

The average fashion

Shopper spends

£472 each year

£342

£130

Fewer cuts have been made this year (compared to last year), but money

saving tactics are still being employed

Not buying until specifically

needed

43%

Make do with last year’s

40%

Buy supermarket

brands

31%

Postpone until I find the

perfect product

25%

Shop in charity shops / jumble

sales

23%

Postpone purchases until

sale time

22%

(-5%) (-7%) (-12%) (-7%) (-3%) (-11%)

78% of fashion

Shoppers don’t have

a celebrity icon

Very few stick solely to online or in-store shopping

74% combine in-store

and online shopping

3%

Online only

23%

In-store only

Value

66%

Convenient location

29%

Low cost

35%

Quality

42%

Wide range

46%

Has clothes that suit me

48%

Loyalty to a brand is dependent on providing good value

41% of fashion Shoppers are feeling positive about the UK economy

67% have made a change in order to cut costs on clothing and footwear

15% of fashion Shoppers would not consider making any cuts in spending

Most commonly used online sites / Apps

31% 29%

26%

...however, despite the benefits we’re not seeing a wholesale move online for fashion shopping

On average, Shoppers

have a repertoire of 11

stores and 4 websites4 sites

11SHOPS

63%

In-store

34%

Online

25%

Other people on the street

20%

Catalogues

11%

Fashion magazines - Grazia, Vogue etc

It seems we mostly like to be individual and make our own style, with 70% fitting into this category.

Since price is a key factor, most can’t afford to buy fashion labels and will mainly look for inspiration in store

Ahead of the fashion

curve

Clothes are always the

latest fashion

Follow trends but not all

clothes are the latest fashion

Aware of trends but stick to my own style

Aware of trends but can’t afford the real deal

Don’t follow fashion at all

41%

2%

6%

17%

5%29%

The benefits of online vs. in-store differ with shoppers happy to use both methods depending on situation or product

With price acting as the driving force, shoppers visit a range of stores in order to find the best value for them

Shoppers see online as the convenient option while looking to find the best deals...

Convenience 60%

Cheaper 39%

Search the whole internet 33%