The power of trusted and healthy brands still resonates with shoppers in the face of the cost-of-living crisis, according to new research by KAM.
The research, conducted on behalf of The Weetabix Food Company, reveals two-in-three parents of young children say value for money is vital when choosing what to buy for the family. In fact, price was ranked the top reason that encourages them to purchase one cereal over another.
In addition, 34% of respondents say they are currently looking for ways to shop more economically, but 41% say trusted brands are preferable.
Health is still a prominent factor that affects what parents buy, with 60% of those surveyed claiming healthy products are the top pick, and 44% stating that ‘healthy content’ influences their choice of breakfast cereal.
Additionally, 59% of respondents say that they generally choose ‘what they know their children will eat’ which emphasises that they are hoping to minimise wastage and troublesome mealtimes.
In addition, 76% of retailers questioned stated that best-sellers most inform what cereal is on their shelves. The second most crucial factor is brands that consumers know and trust (69%) which is further evidenced by 89% of retailers agreeing that ‘trusted brands are important within the breakfast cereal category.’
Consumers are also in the forefront of retailers’ minds when choosing stock, with over half (51%) claiming that they get information on what cereals to stock from direct requests in-store.
Lorraine Rothwell, Head of Marketing says: “With the current cost-of-living crisis, we were really interested to see how retailer and consumer appetites for breakfast cereals had altered and what factors determined what was stocked and, most importantly, bought.
“Knowing that parents are seeking products from trusted brands with strong health credentials is key for us. Health combined with taste has always been a focus for us and all our Weetabix-branded kitchen-cupboard classics are already HFSS compliant, including our more indulgent products such as Weetabix Chocolate, Chocolate Crispy Minis and Weetabix Melts.
“On the flip side of this, it’s interesting that individual shopper requests influence what is stocked in store, further highlighting how local stores can stand-out and ensure a personalised experience for their community by stocking their consumers most-loved products.”
