Study finds that promotions are a key factor in customers’ purchasing decisions when buying home and kitchen appliances 13 October 2017, London: When it comes to buying home and kitchen appliances, British consumers admit that the right reward is just as important to them as quality of product. The independent study of 2,000 British adults, commissioned by 360insights, found that 17 percent of consumers said their purchase decision was driven by a promotion, the same amount that identified product quality as the reason for their purchase. The only factor deemed…
Read MoreTag: 360insights
Three in four UK adults look for cash rewards before buying, survey finds
Research highlights challenges in rolling out an inventive programme London, 16 August, 2017: Three in four Britons (75.8%) say they research cash rewards or incentives ahead of purchasing a home or garden appliance. However, a third of the UK said they had been put off taking advantage of an incentive or gift with purchase because of complexity. These are the results of a study conducted by 360insights, which surveyed 1,000 UK adults. The survey findings reveal the power of cash rewards in boosting sales but only if businesses are able…
Read More75 percent of British Adults Admit Purchase Decisions Changed by Rewards
Study finds point of sale decisions can swayed by right incentive 10 July, 2017, London: 75 percent of British consumers admit that the right reward or incentive could shift their final purchase decision to buy from a competing brand at the point of sale. The independent study of 1,000 British adults, commissioned by 360insights, also found that appealing incentive or rewards have driven 30 percent to buy a product of lower quality and 33 percent to buy a more expensive product. The report also found that brand loyalty could be bought,…
Read More