Infographics
Customer experience
INFOGRAPHIC
How Brands Can Adapt To The Cost-of-living Crisis
The cost-of-living crisis is defining much of 2023 so far, but the impact is not just on consumers. As consumers shift spending patterns to seek value-for-money and practical purchases, brands too are feeling the effects. Learn more about these changing buyer habits and how brands can adapt here.
October 3, 2023
Infographics
Customer experience
INFOGRAPHIC
How Brands Can Adapt To The Cost-of-living Crisis
The cost-of-living crisis is defining much of 2023 so far, but the impact is not just on consumers. As consumers shift spending patterns to seek value-for-money and practical purchases, brands too are feeling the effects. Learn more about these changing buyer habits and how brands can adapt here.
October 3, 2023
2 min read
October 3, 2023
2 min read
By Catz Thompson, Isabel Murphy
In the UK, inflation rates are expected to fall in 2023 yet still remain above 3%. As stagnating wages and rising inflation rates coincide, consumers are starting to feel the impact of the cost-of-living crisis.
But it's not just shoppers that are feeling the pinch – brands, too, are facing challenges during this cost-of-living crisis.
Explore the infographic below to learn how brands can manage and mitigate the financial challenges ahead.
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