Infographic: Libation Exploration Guiding Consumers Toward New & Emerging Brands
By Inspira Marketing
June 6, 2024
By Inspira Marketing
June 6, 2024
WHO ARE WE TARGETING?
It’s important to note that while gen z claims to consume the least alcohol, they are the most likely of any generation to try new brands.
Alcohol Consumption by Generation1:
38% of Gen Z
62% of Millennials
62% Gen X
57% of Boomers
77% of Gen Z adults say they make an effort to try new brands, the highest share of any generation2.
HOW ARE WE TARGETING THEM?
Studies show that word-of-mouth recommendations & in store promotions are the most common channels of discovery for new alcohol brands.
Most Common Channels of Discovery3:
Primary Reasons:
Secondary Reasons:
WHY ARE CONSUMERS SWITCHING BRANDS?
Better is the keyword: Better product quality, deals, & customer service.
Reasons Customers Will Switch Brands4:
This article has been published in the Association of National Advertisers (ANA) Marketing Knowledge Center. Click here to visit their blog.
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