The Marketing Research Foundation’s (MRF) is looking forward to connecting with the marketing and advertising industry at their upcoming webinar on Thursday, 01 February 2024, to provide general top-line data from the latest MAPS™ (Marketing All Product Survey) data that was released in December 2023.
“The three continuous years of data, from July 2020 to June 2023 with over 60 000 respondents, has provided invaluable insights into consumer media and product consumption and spending patterns,” says the MRF’s CEO, Johann Koster.
The webinar will include MAPS demographics, the economic landscape that South Africa finds itself in, the current media landscape, and consumer product consumption and spending patterns.
Some interesting findings in the data include the continued upsurge in online activities and e-commerce. Social media and content streaming services continue to show strong growth, for example, TikTok growing by 531% over the past three years, while print media is showing some stability following sharp declines during the pandemic. Television has been severely affected by loadshedding and the Government’s digital migration programme and saw an overall decline of 22%. Some TV channels however bucked this trend and experienced growth during this challenging time.
The three-year period under review presented extraordinary challenges for consumers ranging from the pandemic, economic and cost-of-living challenges to loadshedding and water supply interruptions. These challenges forced consumers to adapt and change their behaviour and the MAPS data provides invaluable insights into these behavioural shifts. While the average monthly spend on groceries and toiletries have remained fairly stable throughout this period, it should be seen in the context of rising inflation which meant that the average grocery basket got smaller. Brand loyalty for groceries and toiletries have also declined while cosmetics saw the opposite trend.
MAPS December 2023 Release Industry Webinar
When: Thursday, 01 February 2024
“MAPS provides vital marketing insights to help brands navigate the fast-changing marketing landscape. With extensive consumer data covering long-term trends, seasonal shifts, and quarterly changes in shopper behaviour and spending patterns, MAPS empowers marketers with the consumer intelligence needed to succeed,” said Koster. “We are excited to present MAPS most current findings on South African consumers to the industry this week.”
Submitted by Owlhurst
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