7 Summer Trends for Promotions

In June, purchase data and surveys showed a 19% decline in promotional volume compared to June 2022, with bonus pages continuing to show growth.

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7 Summer Trends for Promotions

TL;DR

Numerator tracked purchase data and surveyed verified buyers in June, showing a 19% decline in promotional volume compared to June 2022. Bonus pages continue to show growth, while sales price is the only promotional offer type with year-over-year growth.

In these days of constant disruption, consumer attitudes can shift with the winds. In June, Numerator tracked purchase data and surveyed verified buyers to get a feel for how consumers reacted to different promotions and how brands are responding:

  1. June promotional volume was down 19% compared to June 2022.

  2. Bonus pages continue to show the most overall growth while most other promotions are down or flat.

  3. Based on media type, 68% of ad blocks are for web promotions, 20% are for weekly ads, 8% are for bonus pages, and 4% are for in-store coupons.

  4. Sales price is the only promotional offer type that continues to show growth year-over-year. It accounted for almost a fourth (23%) of all promotion offers in June.

  5. Private label brand share of voice is down 39% versus this time last year, accounting for 17.3% share of voice in June.

  6. More than 1 in 4 (27%) shoppers say they would switch brands to take advantage of a deal.

  7. 34% of shoppers say that they check store ads, and 32% often use coupons to save money.

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In this story

This story was originally published by M. Scott Morris in Franchising.com on August 7, 2023. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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