Kantar, the world’s leading data, insights and consulting company, today released a new study that understands urban India’s sentiments, behaviours and expectations from brands during the COVID-19 pandemic.
As consumer behaviour shifts dramatically and an anxious India waits it out, the new study provides brand owners the answers to burning questions like:
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What are people thinking, their major concerns, fears and expectations
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How the current crisis is impacting purchase behaviour
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Implications for brands and marketing
In the wake of the COVID-19 pandemic, urban India emerges deeply anxious with a strong need for reassurance and stabilization. Some highlights of the study are:
Urban India sentiments and behaviour
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Despite a significantly lower number of cases and death toll compared to many nations, India has a high score on the concern index at 57%
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Day-to-day disruption bothers India more (69%) when compared to
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Health concerns (48%)
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Economic recession (18%)
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Financial preparedness of the nation (47%)
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Standing at 54%, India supersedes the global average of 34% when it comes to expecting speedy recovery
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We are optimistic attitudinally, but behaviours are contrary. Driven by high concerns for scarcity (51%) India is stocking up for worse; mainly essentials
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Going by the current scenario, shared mobility is likely to take a hit - the numbers are heavily skewed towards a complete stop on usage of public transport (55%), taxis/ride hailing apps (35%), domestic air travel (58%), domestic railway travel (57%) as opposed to private vehicles (17%)
Expectations of brands
A “New Normal” is gradually forming - If you don’t build desire, we will learn to live with less indicates the Kantar study.
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Brands are expected to be a trusted source of accurate information (28%)
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Consumers don’t want brands to stop advertising and it must not be exploitative
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71% believe coronavirus must not be exploited to promote a brand
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Brands must show how they can be helpful in the new everyday life (79%)
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Inform about their efforts to face the situation (77%)
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Offer a positive perspective (74%)
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Kantar’s COVID-19 Barometer India study was conducted among 1100+ sample across 19 cities and 15 states. The respondents are 18+ years men and women and belongs to NCCS A and B. The data collection was done through 19th -22nd March.