Monday, May 29, 2023
HomeMarket ResearchA day within the lifetime of a money-saving mum in 2023

A day within the lifetime of a money-saving mum in 2023


A lot of the UK skilled an uncommon feeling this week: heat sunshine. Much less welcome, sadly, was the information that meals costs had been nonetheless stubbornly, and for too many individuals, debilitatingly excessive. With meals inflation at 19.1%, near a file excessive, it is just proper that Mintel focuses consideration on these shoppers who’re struggling to pay for a loaf of bread or cheese, the worth of the latter has soared by 39% within the 12 months to April 2023 – in response to the Workplace for Nationwide Statistics (ONS). And so, this week noticed the publication of a extremely topical and distinctive Mintel report: A day within the lifetime of a money-saving mum in 2023.

Written within the first individual, a UK mum tells us the story of her day, and the way she is struggling — but managing — the excessive price of residing. By packaging laborious information in a human and empathic storytelling format, this piece endeavours to interact readers/shoppers extra profoundly. The patron information findings illustrate how the attitudes and behaviours of financially-struggling shoppers evaluate with those that are higher off. To deal with meals insecurity, the trade should perceive these behaviours and issues.

However writing a few matter like meals insecurity, particularly proper now, dangers coming throughout as disingenuous and exploitative. Subsequently, this piece was created in collaboration with FoodCycle, the UK meals charity and Mintel charity accomplice, which creates and serves heat meals for these in want utilizing surplus meals.

Having volunteered at a FoodCycle lunch and mentioned the challenges they had been experiencing with them (such because the reducing amount and high quality of surplus meals being donated to the tasks) we had been capable of bestow the important degree of authenticity and credibility to the piece. Qualitative information from Mintel’s price of residing focus teams had been additionally used to color a sensible image.  The CEO of FoodCycle, Mary McGrath, stated: “Thanks a lot for writing ‘A day within the life of cash – saving mum 2023’. It was extremely sobering and such a unbelievable approach to mix the data that the meals trade is eager to grasp with a real-life case examine of one in every of our volunteers struggling to make ends meet.”

If you’re considering studying extra about how Mintel analysis can assist you perceive shopper behaviour, get in contact right here. If you’re a shopper, click on right here to learn the total article.

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