Source: Movéo Integrated Branding Blog

Movéo Integrated Branding Blog Consumer Priorities In A Downturn

In a Harvard Business Review article, authors John Quench and Katherine Jocz posited that consumers prioritize consumption by sorting products and services into four basic categories: Essentials are necessary for survival or perceived as central to well-being. Treats are indulgences whose immediate purchase is considered justifiable. Postponables are needed or desired items whose purchase can [...]The post Consumer Priorities In A Downturn appeared first on Movéo.

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Robert Murphy's photo - Managing Partner of Movéo Integrated Branding

Managing Partner

Robert Murphy

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