Gartner Marketing Survey Finds Nearly Half of Consumers Expect to Buy More American Goods Amid Economic Uncertainty
Marketing Leaders Must Adapt Strategies to Address Economic Challenges and Inflation Concerns
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Figure 1: Source: Gartner (
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“The current wave of economic uncertainty is reshaping consumer behavior in profound ways,” said
“Marketing leaders who adapt to these changes by strengthening their brand value, and consistently delivering on core consumer promises, will be more likely to see their organizations thrive."
Consumers Prefer Brands to Stay Neutral but Consistency Matters Even More
While the majority (68%) of consumers are not looking for brands to take stands on social or political issues right now, 55% say that when a brand reverses courseon social and political issues, they lose trust in that brand. Furthermore, a third of consumers who distrust brands that reverse course report boycotting a brand in the last year (compared to only 20% of those unbothered by brands reversing course).
"In today's intricate landscape, marketers must navigate the delicate balance between brand activism and consumer sentiment with caution. While it's a challenging time to initiate new socio-political campaigns, altering existing stands requires subtlety and discretion to avoid alienating consumers," advises Muhl.
Gartner clients can read more in the report: “Quick Answer: CMOs Must Prepare for Consumer Reaction to Tariffs”.
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Source: Gartner