Friday, November 10, 2023
HomeMarket ResearchA day within the lifetime of a money-saving mum in 2023

A day within the lifetime of a money-saving mum in 2023


Many of the UK skilled an uncommon feeling this week: heat sunshine. Much less welcome, sadly, was the information that meals costs have been nonetheless stubbornly, and for too many individuals, debilitatingly excessive. With meals inflation at 19.1%, near a report excessive, it is just proper that Mintel focuses consideration on these shoppers who’re struggling to pay for a loaf of bread or cheese, the value of the latter has soared by 39% within the yr to April 2023 – based on the Workplace for Nationwide Statistics (ONS). And so, this week noticed the publication of a extremely topical and distinctive Mintel report: A day within the lifetime of a money-saving mum in 2023.

Written within the first individual, a UK mum tells us the story of her day, and the way she is struggling — but managing — the excessive value of dwelling. By packaging exhausting information in a human and empathic storytelling format, this piece endeavours to interact readers/purchasers extra profoundly. The patron information findings illustrate how the attitudes and behaviours of financially-struggling shoppers examine with those that are higher off. To deal with meals insecurity, the business should perceive these behaviours and considerations.

However writing a few matter like meals insecurity, particularly proper now, dangers coming throughout as disingenuous and exploitative. Due to this fact, this piece was created in collaboration with FoodCycle, the UK meals charity and Mintel charity associate, which creates and serves heat meals for these in want utilizing surplus meals.

Having volunteered at a FoodCycle lunch and mentioned the challenges they have been experiencing with them (such because the lowering amount and high quality of surplus meals being donated to the initiatives) we have been in a position to bestow the important stage of authenticity and credibility to the piece. Qualitative information from Mintel’s value of dwelling focus teams have been additionally used to color a sensible image.  The CEO of FoodCycle, Mary McGrath, stated: “Thanks a lot for writing ‘A day within the life of cash – saving mum 2023’. It was extremely sobering and such a implausible technique to mix the data that the meals business is eager to know with a real-life case research of one in all our volunteers struggling to make ends meet.”

In case you are serious about studying extra about how Mintel analysis may also help you perceive shopper behaviour, get in contact right here. In case you are a shopper, click on right here to learn the complete article.

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