As part of IAB’s May 26th Brand Council Town Hall titled, “Re-entry Strategies for the Next Economy”, IAB investigated the ways consumers and brands alike are changing and evolving as a result of the Coronavirus outbreak. This investigation was undertaken to begin helping brand leaders and their value-chain partners navigate the re-entry marketplace.
Key findings of the research include:
- A big reset is occurring: 25-33% of all consumers intend to reduce major out of-home activities after the Coronavirus crisis ends. U.S. consumers are planning to cocoon their way through a deep recession – and beyond.
- The spike in digital shopping is driving consumer trial of new brands – and many will stick with the new brands . . .
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