Deloitte Consumers Shift Spending to Brands That Offer More

Deloitte Consumers Shift Spending to Brands That Offer More

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Deloitte: Consumers seeking best value over best price

NEW YORK — As economic conditions continue to impact spending habits, today’s consumers scrutinize every purchase, ensuring that they are getting the most value for their money spent.Released today, Deloitte’s latest report, “The Value-Seeking Consumer: Competitors Could Lose Out to Brands Offering More than Low Prices,” examines how consumers are gravitating toward brands that offer “more value for the price,” or MVPs. The report underscores ho…

Deloitte: Price isn’t everything as consumers shift spending

Brands that offer only low prices could stand to lose out to competitors who offer more, as economic headwinds continue to influence consumer behavior.