How we're buying perfume could signal how we're feeling about the economy | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Demand for more budget-friendly roll-on rollerball perfumes is up 207% so far this year over last year, followed by a 183% jump in cheaper perfume samplers, according to Pattern, an ecommerce platform that analyzes online product search data

During periods of economic uncertainty, consumer behavior experts say shoppers tend to alter their purchase patterns, especially for discretionary goods. They either switch to cheaper alternatives, cut back on how often they buy a product, or stop buying some products completely. Perfume is no exception to these trends, as cheaper variants are seeing sales shoot through the roof.

“Think of it as the new’ lipstick indicator of consumer sentiment,” said Hatch. A separate report from Circana, a market research firm, showed mini bottles emerging as the leading size of choice for fragrance buyers in the first half of 2023. The report, based on retailer point-of-sale data, said that mini-sized perfumes sales have outperformed the category, accounting for 38% of total fragrances sold so far this year, up from 35% last year.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Mattel announces limited-edition 'Weird Barbie' doll for sale | CNN BusinessSome might say Weird Barbies are made, not sold. Mattel, however, begs to differ.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

Burger King hopes this change will reignite America's love for the Whopper | CNN BusinessBurger King’s sales have grown as it works to turn around its business. But it still has a problem: Not enough customers.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

Under Biden, US oil production is poised to break Trump-era records | CNN BusinessCritics accuse President Joe Biden of waging a war on the oil industry that is hurting consumers at the gas pump. And yet, on his watch, US oil production is poised to shatter all-time records set during the Trump administration.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »