One of the themes of this blog over the past few months has been that in marketing terms, the pandemic was a re-set. I choose this word carefully. It is not a change, an evolution, or an aberration. We are re-starting from a new base level of consumer changes in buying behavior and expectations.
There is NO WAY to look at historical trends and project what might be next. A new study from Facebook provides a glimpse of what I’m talking about.
The report, called Industry Perspective: The Evolving Customer Experience, features insights into how customers are shopping after the pandemic. One might believe that such a study by Facebook could be self-serving, but the research looks solid and I’ll give them the benefit of the doubt.
A few consumer changes highlighted in the report:
- A staggering 81 percent of consumers admit they have changed a shopping habit since the start of the pandemic.
- 92 percent say they will continue their new behavior in the long term.
- 66 percent of consumers say their mobile phone is their most favored shopping tool.
Another eye-opener:
This brings up another interesting data point:
Can you imagine seeing statistics like this five years ago? Even three years ago? Marketing is being turned on its head! I find that incredibly energizing and fun.
And this is just the beginning. We are entering an Era of Unintended Consequences. If you’re creating a new marketing strategy based on an iteration of previous years, it’s time to blow the thing up and re-think everything.
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Illustration courtesy Unsplash.com