{"id":7098,"date":"2020-10-27T09:15:00","date_gmt":"2020-10-27T08:15:00","guid":{"rendered":"https:\/\/www.mbi-geodata.com\/en\/?p=7098"},"modified":"2023-08-25T12:03:36","modified_gmt":"2023-08-25T10:03:36","slug":"consumer-spending-by-product-groups-analyze-consumer-behavior-in-europe","status":"publish","type":"post","link":"https:\/\/www.mbi-geodata.com\/en\/2020\/10\/27\/consumer-spending-by-product-groups-analyze-consumer-behavior-in-europe\/","title":{"rendered":"Consumer Spending by Product Groups – Analyze Consumer Behavior in Europe"},"content":{"rendered":"

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Due to the corona pandemic, the gap in consumer spending between different product groups is broad. It is therefore recommended that companies take a look at consumer spending by product groups.<\/strong><\/p>\n

Especially in times like these, the consumer spending by product groups clearly illustrates the diversity in regional distribution for your product group in stationary retail.<\/p>\n

In most markets, consumers\u2019 spending behavior does not only depend on income. Therefore, MBI offers a further development of the general purchasing power in form of 20 different product groups with which you can localize market potential for your product or service. An understanding of the regional distribution of consumer potential and preferences supports you in establishing a more targeted market development strategy. For these product groups, MBI has calculated the volume of consumer spending on postcode, administrative and, for some countries, also on a microgeographic level. This provides a planning basis that is comparable across countries.<\/p>\n

MBI\u2019s product groups at a glance:<\/p>\n