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Listen to 'Digital Revolution in the Grocery Landscape: How Economic Pressures are Reshaping Consumer Behavior'

Digital Revolution in the Grocery Landscape: How Economic Pressures are Reshaping Consumer Behavior

Scott digs into the annual State of Spend report from Ibotta

Ibotta's annual State of Spend report reveals significant shifts in grocery shopping behaviors due to economic pressures, with 72% of consumers prioritizing essentials and showing increased price sensitivity at the expense of brand loyalty.

• Consumer spending on groceries continues to rise annually while discretionary categories like personal care face declines
• Digital promotions are proving effective with 36% of shoppers discovering new products through digital offers in the past month
• 68% of shoppers now use digital tools during in-store shopping to find deals or locate products
• 44% of consumers have used grocery delivery services in the past 30 days, indicating a shift toward hybrid shopping models
• Brands and retailers must adapt by embracing digital promotions, personalizing customer acquisition strategies, and optimizing omnichannel experiences


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