New research shows shoppers back 'Brand Britain'
Shoppers in the UK say they want to buy British food, but not at any cost - with research showing even a small rise in price could see a switch to buying imported alternatives.
The latest data suggests that even a relatively small increase of just 10% could result in 30% of shoppers opting for a lower-priced imports. The new findings also show that to-date there is little to suggest a wave of patriotism has helped bolster sales of all things British since the EU referendum, and relying on ‘Britishness’ alone is not the answer.
Among the key findings in the latest AHDB Consumer Focus report is that older shoppers say they try to buy British whenever they can. However, some 74% of people over the age of 55 say increasing food prices are their biggest concern when it comes to financial circumstances. Therefore, any positive sentiment towards buying British will only count for so much as shoppers try to manage ever-tighter household budgets.
The report also states that almost 70% of shoppers want to see more British food in stores and almost three in four consumers would buy more British food if it demonstrated it was better value. A total of 78% of shoppers believe Britain needs to be more self-sufficient in food and not rely on imports so much.
Findings also reveal that younger shoppers are less likely to find ‘Britishness’ compelling as a driver of purchase- highlighting the need for industry to look at how best to sell ‘Brand Britain’ to younger consumers. Younger generations were more likely to base their buying decisions on better quality, with health being a top priority. Convenience and time-saving is also important to this age group.
AHDB’s Chief Communications and Market Development Officer Christine Watts added: “This evidence to-date serves only to highlight the uncertainty of what might happen in the future. But understanding the importance of British and locally produced goods to different segments of domestic consumers following the EU referendum is key to identifying the opportunities for the food industry.”
“In a post-Brexit world we can see that simply featuring the Union flag on products is not enough and so industry needs to demonstrate the other attributes they provide to meet consumer requirements around quality, provenance, supporting local farming and so forth.
“It is also clear from this report that price is a key purchase consideration and remaining competitive will be crucial for home producers and growers. The concern we all have in the industry is that if the price gap gets too big, consumers will simply look for cheaper alternatives from abroad."
The full report can be downloaded here