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Home News

SA households grappling with financial strain

MRF's MAPS data offers unparalleled insights into the consumer landscape

by TMO Reporter
May 22, 2024
in News
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Holistic approach to retail advertising nets better results

The economic turbulence of the past few years has buffeted South African consumers and their shopping habits.

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The Marketing Research Foundation (MRF) and Plus94 Research has unveiled the latest comprehensive Marketing All Product Survey (MAPS) dataset through a global webinar presented in partnership with ESOMAR, the world’s leading voice for the data analytics profession.

Key findings from the MAPS May 2024 release painted a picture of South African households grappling with increasing financial strain amidst rising costs for basic goods and persistent issues like crippling electricity blackouts.

Data showed significant declines in expenditures for discretionary purchases like dining out and cinema visits, however alcohol sales have remained fairly constant with beer and wine being increasingly consumed.

Media consumption remained stable overall, with streaming video and social platforms carving out their space in the video viewing universe while television seems to have stabilised and is holding its own in terms of overall audience share.

Three full year’s data

The MAPS™ May 2024 release incorporated three full years of data from 2021 through 2023, providing brands, marketers and their agency partners with an unmatched opportunity to analyse emerging consumer trends and shifting product purchasing behaviours across South Africa.

“Our long-standing MAPS programme exemplifies the cutting-edge market intelligence capabilities within the South African research community,” said Johann Koster, CEO of the Marketing Research Foundation.

“By collaborating with renowned organisations like ESOMAR, we were able to highlight how the quality, integrity and thoroughness of MAPS aligns with the highest global standards for consumer analytics.”

The MAPS May 2024 webinar featured insights into wide-ranging topics such as:

  • Impact of escalating inflation on grocery and consumer goods purchasing power
  • Shifting habits around traditional and digital media consumption
  • Households’ reliance on mobile banking and money transfer services
  • Evolution of e-commerce and online shopping adoption across categories like clothing
  • Emerging trends in alcoholic beverage preferences and liquor retail channel choices

Koster emphasised, “The insights derived from MAPS are invaluable for any entity looking to understand and engage with the South African market. Our data is a critical tool for developing strategies that resonate with consumers, drive growth, and adapt to the dynamic market environment.”

With a robust annual sample size exceeding 20 000 respondents across metro, urban and rural areas, MAPS offers unprecedented visibility into media consumption habits and consumer goods purchasing patterns nationwide. The study’s rigorous methodology, covering over 3 000 brands across more than 150 media and product categories, ensures MAPS data maintains stringent quality thresholds.

The webinar recording and presentation are freely available to all. Just click here.


 

Tags: advertisingconsumersdatainsightsMAPsmarketingMarketing Research Foundationmediamedia researchMRFthree year sample

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