This ad will be closed automatically in X seconds.

Parents Insights: Does your marketing strategy factor in counterfeits?

Just 50% of parents are confident they’ve never bought counterfeit goods.

The retail landscape is changing rapidly, not least among new and expecting parents. Latest Parents Insights research from The Insights People shows they are becoming increasingly price-conscious and placing less emphasis on quality, which creates a challenge for brands, as not only are they having to fight harder for customers’ attention in a value-focused landscape, but also having to confront the growing threat of fake products.

All 11 of the product categories we analyse, including clothes, devices and toiletries, saw parents place less emphasis on quality, with an average fall of 16% in February- April 2019 compared to the previous three months.
In contrast, the importance of price rose across nine of the 11 categories, with only groceries and financial services bucking the trend.

This period, for the first time, Parents Insights also asked new and expecting parents about counterfeit products. We found that only 50% were confident that they had never bought fake goods for their child, and that almost a quarter (23%) had inadvertently bought items like toys that were not genuine and 27% could not say for sure.

Mums were 38% more likely than dads to be unsure about whether they have purchased fake items.

The data also revealed most parents are not seriously concerned about the threat fakes pose. When asked how worried they are about fake products, only 7% expressed the maximum level of concern, while 13% were least concerned and the majority (22%) somewhere in between.

To read the full feature simply click on this link.

Parents Insights is a market intelligence resource on all things expecting and new parents in the UK. Each week, 200 different parents (expecting to age four) are surveyed, adding up to more than 10,000 every year – which enables brands and agencies to provide significant insight on what is influencing the attitudes, behaviour and consumption of this generation of parents.

For a complementary Parents Insights report and to gain access to the Parents Insights portal visit www.parentsinsights.co.uk/progressivepreschool or call +44 (0) 330 159 6631.

MORE NEWS
s3-news-tmp-247257-tommee_tippee_1--default--1280
 
New marketing plans will be driving consumer awareness for products and values throughout 2020....
babe500
 
Popular pushchair brand has joined other nursery names returning to this year's show....
Toddlersandtoys500x500
 
Sales decrease by 3% across the 13 global markets tracked by The NPD Group....
gruf500
 
Preschool favourite secures its place in the shortlist for the 20th anniversary event....
ToyFairNY19500x500
 
Nearly 200 companies will be showing infant/preschool toys across the event's four days....
TinyandSmall500x500
 
Deal secured with Gulliver’s Theme Park Resorts, new episodes set for CBeebies and YouTube Kids, plus new creative direction....
Get the latest news sent to your inbox
Subscribe to our daily newsletter