Consumer insight & behavior

Featured knowledge

china, consumers, marketers, Master Kong, P&G
Harvard Business Review

Catering to the self-expressive Chinese consumer

May 2012

China is experiencing an increasing emphasis on self-expression. For consumer companies, one consequence is that the importance of emotional considerations in purchase decisions is rising.

 

china, hypermarket, retail, Wal-Mart, consumers, McKinsey
McKinsey research

Inside China’s hypermarkets: Past and prospects

May 2012

Hypermarkets have been hugely popular in China; from next to nothing in 1997, there are now 2,400 of them. But the low-hanging fruit has been picked. Not only is the competition tightening, but retail dynamics are changing.

 

smart TV, connectivity, McKinsey, consumer electronics
Telecoms extranet

Smart TV: Too smart to win over consumers?

May 2012

Internet-enabled television could be third in the “smart” procession, following smartphones and tablets. But can current technology deliver? And are customers even interested?

 

Germany consumers, brands, Markenverband, McKinsey
McKinsey/Markenverband research

For German consumers, it's all about the brand

April 2012

German brand-based companies are doing better than ever—and this study shows what needs to be done to ensure that things remain this way.

 

digital consumer, social network, facebook, McKinsey, smart phones
iConsumer McKinsey research

The next stage: Six ways the digital consumer is changing

April 2012

The Internet, not yet 20 years on from its emergence into the consumer mainstream, is evolving as fast as ever. McKinsey's survey of 18,000 Americans has identified six key trends that will define the near future.

 

China, social media, digital, iConsumer, McKinsey
McKinsey China research

China’s social-media boom

April 2012

Social media is exploding worldwide, and China is leading the way. A new McKinsey survey of 5,700 Internet users in China—the first of its kind—explores the behavior of Chinese consumers on social networks.

 

Mexico, consumer, retail, brands
McKinsey research

The post-recession consumer: Describing the Mexican shopper

April 2012

Mexico consumers are conflicted. On the one hand, only 16 percent of those surveyed by McKinsey believed that they were doing better economically; on the other, 48 percent are optimistic about the future.

 

US consumers
McKinsey research

The post-recession consumer: Describing the American shopper

April 2012

In McKinsey's latest survey, we find that US consumers are mildly more optimistic—and that their shopping behavior has changed fundamentally.

 

digital, consumer, Brazil, social media, marketing
Chief Marketing & Sales Officer Forum

How to make it social with Brazil’s digital consumers

April 2012

Businesses looking to engage Brazil’s digital enthusiasts face a big problem: 65 percent of them are dissatisfied with their online purchase experience. Here is what companies need to do.

 

Customer satisfaction with banks
McKinsey research

Banking on satisfied customers

April 2012

Perhaps surprisingly, the evidence shows that US retail banks are, by and large, satisfying their customers. That’s not enough.

 

consumer satisfaction, banking, McKinsey, CSAT, credit unions
McKinsey research

Yes, you can get satisfaction: Lessons from the Customer Experience survey

April 2012

New research from McKinsey finds that US consumer satisfaction has improved across the board since 2009. That should not necessarily be cause for self-congratulation, though: A large measure of the improvement is due to broader macro-economic factors.

 

Vaitheeswaran is the China Business and Finance editor for the Economist

Five questions for ... Vijay Vaitheeswaran

March 2012

The China business and finance editor for the Economist has written a book about innovation, Need, Speed, and Greed. Vaitheeswaran answers five questions on consumer innovation.

 

Asia banks; retail banks; consumers; remote channels
McKinsey Personal Financial Services Survey

Customer first: What Asia's consumers want from their retail banks

March 2012

The strains of the current retail bank model are showing themselves, in the form of rising costs and falling loyalty. McKinsey asked 20,000 consumers in 13 countries about what they wanted. Here is what we found.

 

Internet usage in Brazil
McKinsey research

Getting to know you: How Brazil’s consumers use the Internet

March 2012

Who are Brazil's online shoppers? And how do they use the Internet? McKinsey asked thousands of Brazilians those questions. Here are the answers.

 

Chinese consumer, urban household, consumption, trends
McKinsey Quarterly

Meet the Chinese consumer of 2020

March 2012

Consumer companies know China is important. To succeed there, though, they need to understand the economic and social changes that are redefining the way that Chinese consumers spend.

 

mobile phone, shopping, retail, consumers, McKinsey
Chief Marketing and Sales Officer Forum

Cell phone samurais: Keys to the battle for mobile consumer

March 2012

Retailers need to focus on the right mobile tactics to reach the anywhere-anytime mobile consumer and to combat "showrooming."

 

consumer electronics, consumers, retailers, McKinsey
McKinsey analysis

Fighting back: The next frontier for consumer electronics retailers

March 2012

Consumers are buying electronic devices by the boatload—but retailers are not smiling.

 

Mobile money in emerging markets
McKinsey research

Mobile money: Getting to scale in emerging markets

February 2012

More than a billion people in emerging and developing markets have cell phones but no bank accounts. Mobile money is beginning to fill this gap. Here is what you need to know about this complex but promising market.

 

Spain, grocery, consumers, market, behavior, crisis
McKinsey analysis

Home economics: How the Spanish grocery market is adapting to crisis

February 2012

Spain’s ongoing economic problems have eaten into the grocery sector’s results. Here is what players in the market need to know about the country’s consumers to set themselves up well for renewed growth.

 

Customer engagement ecosystem
Chief Marketing and Sales Officer Forum

Building your customer engagement ecosystem

February 2012

Here is how to form a deeper relationship with your customers by creating an engagement ecosystem that reaches beyond your marketing team.

 

European luxury market
European Luxury Survey 2011

Domestic consumers: The "Sleeping Beauty" of European luxury

February 2012

Europe looks like a big and resilient luxury market. But look closer: Most of the growth is coming from Chinese, Japanese and Russia tourists. What are European consumers thinking? And how should the market adapt to these trends?

 

emerging economies, Internet, GDP growth, consumers
Telecoms, Media and High Tech extranet

Online and upcoming: How consumers in 30 "aspiring" countries use the Internet

February 2012

Together, these 30 aspiring countries represent 30 percent of global GDP—and the potential for the Internet to transform these economies is significant.

 

luxury market

Exploring a world of luxury

January 2012

McKinsey takes a keen interest in the luxury market. Here is a sampling of some our most recent in-depth research on the subject.

 

brazil, luxury, consumer, retail, consumption, trends
McKinsey research

What companies need to know about Brazil’s luxury consumers

January 2012

McKinsey estimates that about 3 million Brazilians can afford luxury goods. Here is how to reach this ambitious and surprisingly youthful market.

 

brazil, middle class, consumer, consumption
McKinsey research

Getting to know you: How to reach Brazil’s burgeoning middle class

January 2012

Europe is in crisis; the US is in the doldrums; China is worried about a property bubble; India has hit a rough patch. But Brazil is thriving. In the first of two articles on Latin America's largest economy, we look at what makes the middle class tick.

 

China, go-to-market, consumer, Tier 1, Tier 2, retail channels
McKinsey analysis

The keys to going to market in China

January 2012

Consumer goods companies desperately want to reach China’s millions of emerging customers. To do so, they will need multiple strategies.

 

emerging markets, consumers, packaged goods, MNCs
Global Growth Compass

Finding profits and growth in emerging markets

January 2012

Over the next 10 years, consumer spending in emerging markets is expected to grow three times faster than in developed nations, reaching a total of $6 trillion by 2020. Consumer-goods companies must understand and address these changing patterns of —by both geography and category This report suggests how.

 

Turkey, modern retail. consumers, mom-and-pops
McKinsey analysis

Goodbye, mom and pops? The modern journey of Turkish consumers

December 2011

The traditional mom-and-pop grocery store is being displaced by modern trade. What’s driving this change—and what’s next?

 

Asia, banking consumers, retail, branch visits, mobile banking
McKinsey research

Spoiled for choice: How Asia's bank consumers are changing channels

December 2011

Asian banking consumers are changing the way they do their business. Here's how banks can adapt.

 

Brazil, drug stores, retail, Class C, Droga Raia
McKinsey research

Winning in the Brazilian pharmacy market

December 2011

Brazil pharmacy retailers have every reason to be optimistic, with strong growth and a surging economy. But there will also be a shakeout. The winners will be those who adapt to three key trends.

 

coupons, redemption, Groupon, US, retail
McKinsey research

US consumers and coupons: A story of redemption

December 2011

American consumers have been using coupons with new enthusiasm. But is this a good thing for companies?

 

How to reach Poland's online consumers
McKinsey research

How to reach Poland’s online consumers

November 2011

 Prosperous and tech-savvy, Poland’s online shoppers are promising territory for retailers.

 

consumer products, product development, insights, consumer goods
McKinsey Operations

The insight trap: Why customer feedback can make products worse

November 2011

Companies invest enormous money and effort to create new products and services. Too often, though, they have a serious flaw: Consumers don't want them.

 

Chinese consumer, spending, trends, retail, shopping, McKinsey survey
McKinsey research

2011 Annual Chinese Consumer Study: The new frontiers of growth

November 2011

What makes Chinese consumers tick? What are they worrying about? How will burgeoning inflation shape their behavior? See the answers to these questions and more in McKinsey's most recent in-depth survey of Chinese shoppers.

 

US consumer, attitude, dollar stores, Hispanics, confidence
McKinsey survey

Caution ahead: What Americans think about the economy

October 2011
Six months ago, Americans thought they had turned the economic corner. Fewer were worried about losing their jobs and they were quietly optimistic that the worst was over. Now they are not so sure.
iconsumerphone
McKinsey research

It’s good to talk: How global consumers use their mobile phones

October 2011

In the fifth of five articles derived from the iConsumer survey, McKinsey analyzes trends in the use of mobile phones.


digital consumer behavior iConsumer McKinsey
McKinsey research

Minute by minute: How do global digital consumers spend their tech time?

October 2011

In the first of five articles drawn from exclusive research, McKinsey details how consumers spend their tech time.

 

Global apparel market
McKinsey research

Fast fashion: Navigating the global apparel market

October 2011

Changing consumer preferences and the need for speed are complicating the apparel business along the entire value chain.  Here's how to deal with the most important challenges.

 

growing middle class in Latin America
McKinsey research

In Latin America, a little respect goes a long way

September 2011
Retailers are aggressively pursuing Latin America’s growing middle class. To succeed, they need to show that they value their customers, not just their money.
Global Tribes
McKinsey analysis

The human factor: How global tribes are changing the marketplace

September 2011

Spurred by the spread of the Internet, mobile technology and social networks, global digital tribes are forming. Marketers who ignore the phenomenon will lose out.

 

Chinese consumers come of age
McKinsey research

China’s banks: Consumers come of age

September 2011

China's rising middle class loves to shop. But it is also going in for less conspicuous consumption, in the form of financial products.

 

luxury goods in South Korea
McKinsey research

Korea's luxury market: Demanding consumers, but room to grow

September 2011

This year's Luxury Consumer Survey addresses three key questions: Can South Korea keep it up? What’s changing? And what do these trends mean for the players in the luxury industry?

 

 

Asian banks stung by crisis
McKinsey research

Stung by crisis: Five ways Asia’s banking consumers are changing

August 2011

McKinsey's most recent Personal Financial Services Survey of almost 20,000 people found that across Asia, consumers are looking for a new relationship with their banks.

 

 

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McKinsey Quarterly

What Europeans want from their banks

July 2011

Consumers say they want both electronic and physical contact points, but the desired mix varies by country and age.

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Short take

Consumers shake up the insurance market

June 2011

Hammered by recession and still uncertain about the economy, consumers are getting pickier. Just look at auto insurance.

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Telecoms

Inside the 24-hour digital day: McKinsey research

June 2011

McKinsey’s deep and comprehensive survey considers how consumer behavior is changing in a dozen countries and across digital experiences.

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Telecoms

Minding the gap: What consumers think about pre-paid telecoms

June 2011

How can companies use pricing to increase profits? And what will consumers tolerate?

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Chinese consumer study

Capturing the trading-off opportunity in China

June 2011

Chinese consumers want to spend—and they want to save. Here's what business needs to know about how they manage their wallets.

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Short take

The new rules of consumer engagement

May 2011

How to reach customers at every stage of the consumer decision journey.

 

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NM Incite

Pigeon vs. computer: The state of the Internet in South Africa

May 2011

Only a small minority of South Africans (10%) have access to the Internet—and broadband is slower than, yes, the average pigeon.

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No seismic shift for luxury in post-quake Japan

May/June 2011

Although they were rocked by the Tohoku earthquake, Japan's luxury consumers are back shopping—but with caution.

 

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The US consumer: Sticking to the “new normal”

May 2011

Is the worst over for the American economy? That is what consumers seem to be saying with their wallets—but their optimism is cautious.

iPad is the fastest-selling consumer electronic device

Tablets and the 24-hour digital day

May 2011

Tablets are wildly popular. But how do people actually use them? And what does the rise of the tablet mean for other industries?

 

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Short take

African telecoms: Gearing up for a new era

May 2011

The hyper-fast growth of the past decade is slowing, but Africa remains a continent of opportunity for the telecommunications market.

 

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NM Incite

Where the growth curve is steep: Hispanics and social media

May 2011

America's Hispanics control more disposable income than any other minority group. What should brands do to reach them?

 

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Profiting from the next $20 trillion: Lessons for global companies

April 2011

The global middle class is up for grabs—and the multinationals that can shift their organizational focus to scale up speedily will have the advantage.

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Questions and answers

Join a conversation with McKinsey

March 2011

How are consumers in Japan acting after the tragedies of March 11? Discuss that question with McKinsey experts, and others, in this online forum.

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Short take

To market, to market: Strategies to win in China

March 2011

Big box stores and malls in China’s top cities are growing fast—14 percent a year. But here’s the surprise: Traditional retail in lower-tier markets is often much more profitable.

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McKinsey report

Understanding China's growing love for luxury

March 2011

McKinsey's in-depth annual report on the Chinese luxury market reveals two major trends: There are more luxury consumers, and they are more sophisticated.

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NM Incite

How "Angry Birds" found its audience

March 2011

The whimsical game has found tens of millions of players. Here’s how online buzz helped to create a phenomenon.

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Short take

Grooming the bear: Trends in the Russian personal- and home-care markets

March 2011

The Russian economy turned the corner in 2010. Will consumers get back to spending on themselves?

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Short take

Five things to know about Brazil’s fast-moving consumer market

March 2011

Should consumer-goods companies be going into Brazil? Or expanding there? Or waiting-and-seeing?

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McKinsey survey

Where the money is: How America is spending and saving

March 2011

The economic news has been guardedly optimistic. But how are U.S. consumers behaving?

Four strategies to please Chinese consumers
HBR

China is shopping less, but buying more

November 2010

China consumers are changing the way they shop. here are four ways that smart retailers can capitalize.

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The decade ahead: Trends that will shape the consumer goods industry

February 2011
The past, however exhilarating, is an uncertain guide to the future. Here is McKinsey's best take on what the consumer-goods industry can expect in the next 10 years.
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Short take

5 things to understand about the green(ish) consumer

February 2011

British consumers are inundated with information about how to go green and save energy. But what do they really think?

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Short take

Finding the gold in silver: Understanding Japan's aging shoppers

February 2011

Nations around the world are getting older—and Japan is ahead of the pack. So it is a test case to understand how to attract this rapidly-growing consumer segment.

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Wow! Exciting customers, creating value

February 2011

Customer excitement translates into more buzz, more sales, and premium prices. Here’s how companies can capture the added value created by the “wow” effect.

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Short take

Marketing to rural China

December 2010

Rural China is home to 750 million consumers, and a fast-growing market of $426 billion. Here's how to reach them.

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What consumers want tomorrow

December 2010

Five trends will characterize German consumer behavior in the coming years. Here is how to use this knowledge to find a competitive edge.

Beauty of Brazil
Short take

The beauty of Brazil

November 2010

Direct sales of cosmetics are thriving in the world's most beauty-conscious country. Here's what you need to know.

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Short take

Quitters, Inc.: Using consumer insights to help smokers kick the habit

October 2010
Curbing an unhealthy habit is not easy to do; but applying the lessons of consumer marketing just might help.
China's new pragmatic consumers
McKinsey Quarterly

China's new pragmatic consumers

October 2010

They spend more in categories they highly value, and they generally trade down in less compelling ones.

Additional knowledge

 
 
 
 
 
 
 
 
 
 
Outside insights

The state of America’s Hispanic consumers

In 2010, America’s 52 million Hispanics had a buying power of $1 trillion; by 2015, that could be $1.5 trillion. The Nielsen Wire looks at the social and economic dynamics of this population.

 
Nielsen/NM Incite

How to reach
"Generation C"

Digital consumer

Americans between the ages of 18 and 34—are re-defining what it means to be connected. According to Nielsen and NM Incite’s most recent U.S. Digital Consumer Report, they are walking and talking the digital talk like no other demographic. For example, the 23% of Americans in this age group comprise 39% of smartphone users (see chart, above).

 

What consumers are worried about

Global consumer worry

Asia-Pacific: Economy, job security, work/life balance

Europe: Economy, job security, increasing utility bills

Latin America: Job security, crime, economy

Middle East/Africa: Job security, economy, political stability

North America: Economy, job security, debt

SOURCE: Nielsen Global Online Consumer Confidence Survey

 
Webinar

What's In Store: 2012

James Russo

James Russo (VP, Global Insights, at Nielsen), leads a discussion on subjects including how to reach an increasingly polarized market; defining value; and targeting powerful consumer segments.