The ‘Homebody Economy’ Gains Steam In China Amid COVID-19 Epidemic
As Chinese people were urged to stay at home amid the novel coronavirus (COVID-19) epidemic, the "homebody economy" became the new normal, as a growing number of people shopped, studied, worked and found entertainment online at home. In addition to re-shaping consumption trends, staying at...
Asian Consumers Are Rethinking How They Eat Post COVID-19
Consumers across Asia have signaled their eating habits may change permanently once the world moves beyond the impact of the novel coronavirus (COVID-19). In an exclusive Nielsen study of 11 Asian markets, only Japanese consumers say they are less likely to change their eating habits as a result of...
COVID-19: The Unexpected Catalyst for Tech Adoption
Challenges arising from the spread of the new coronavirus (COVID-19) are likely to accelerate the use of existing and new technologies and tools as consumers go into lockdowns, millions are forced to work from home and digital connectivity takes even more of a hold on everyday habits.
COVID-19: Tracking the Impact on FMCG, Retail and Media
As the novel coronavirus (COVID-19) spreads across the globe, we're monitoring key consumer behavior thresholds to help fast-moving consumer goods (FMCG) brands and retailers understand the status of each market, as well as how to best respond.
Opportunity Looms for Nimble Chinese Retailers amid the Coronavirus Outbreak
The outbreak of the Novel Coronavirus (COVID-19) epidemic at the beginning of 2020 has adversely influenced China's retail industry, especially brick-and-mortar retailers. But some retailers were well prepared, and they responded quickly to the incident, turning the crisis into an opportunity.
COVID-19 Concerns Are a Likely Tipping Point for Local Brand Growth
Never mind national pride, opting for locally produced products may fast become a necessity for retailers and consumers concerned about products originating from countries where novel coronavirus (COVID-19) has spread.
Key Consumer Behavior Thresholds Identified as the Coronavirus Outbreak Evolves
There are six key consumer behavior threshold levels that tie directly to concerns around the COVID-19 outbreak. The thresholds offer early signals of spending patterns, particularly for emergency pantry items and health supplies.
Upsizing, Shrinkflation, Premiumization
Drawing from Nielsen BASES’ history of testing over 200,000 new products and over 40 years of forecasting, we have a clear understanding of consumer demand and the impact that price and package changes have on that demand. Throughout our experience, we have identified a few strategies that have...
Quality and Efficacy May Beat Out Price Sensitivities Amid Coronavirus Concerns
As we watch this situation unfold and get a handle on the length of time COVID-19 may be in play, the ability to guarantee the quality and safety of products, environments and consumption, coupled with the recognition of how important this will be to communicate to consumers for the foreseeable...
Decoding COVID-19: How the Outbreak May Impact China’s FMCG and Retail Market
Almost 20 years ago, when SARS (Severe Acute Respiratory Syndrome) swept China, the habits of China’s population changed for good. And early indications across the country are that the new Coronoavirus (COVID-19) may have similar long-term effects.