The C2DE Consumer Market Assessment

Released on = April 16, 2007, 5:06 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = There is much evidence that traditional class divisions in
Britain have changed over the last century and into 2000 the Labour landslide
victory in the 1997 General Election, which was won partly because of the widening
of the party\'s appeal to encompass more middle-class voters, has led to a renewed
interest in what has happened to the traditional working classes.

Press Release Body =
The C2DE Consumer Market Assessment

There is much evidence that traditional class divisions in Britain have changed over
the last century and into 2000 the Labour landslide victory in the 1997 General
Election, which was won partly because of the widening of the party\'s appeal to
encompass more middle-class voters, has led to a renewed interest in what has
happened to the traditional working classes. There has certainly been a trend
towards `upward social mobility\' in terms of home ownership and educational
achievement for many in social classes C2, D and E, while at the same time there has
been a shift towards what has been termed `downward cultural mobility\' in the media
and in leisure pursuits. This has led to a blurring of class boundaries in recent
years, making consumers less easily `pigeonholed\' for marketing purposes.

The changing nature of employment in the UK, with a greater emphasis on white-collar
jobs in service industries, is one of the factors which have led to an increase in
the number of people in the higher socio-economic groupings over the past decade. In
particular, there has been a shift within the two `middle\' groups, with more people
falling into the C1 (clerical and junior managerial) group, and correspondingly
fewer in the C2 (skilled manual) category.

Clothes
The many changes which are currently taking place in the world of fashion retailing
include the decline of the middle market, with High Street retailers losing out both
to more upmarket designer outlets, and to discount warehouses. There has also been
something of a crisis in men\'s fashion, with a trend towards stand-alone High Street
outlets being replaced by smaller trading units situated within womenswear outlets.
Part of the rationale for this lies in the assumption that women have a strong
influence on male fashion decisions. However, Market Assessment\'s research suggests
that C2DE men, at least, have a fairly strong interest in designer clothing. (See
also Market Assessment\'s latest report on Clothing Retailing.)

Another trend has been for High Street fashion outlets to turn increasingly to
offering designer labels in order to liven up their ranges. Designer brands at
discount prices are also increasingly available in supermarkets, as well as in
factory outlet villages and discount fashion retailers. The latter - especially in
the form of retail clubs in which shoppers receive large discounts on branded and
own-brand items in return for a nominal membership fee - have enjoyed a rapid rise
in popularity, with a number of chains expanding quickly. Market Assessment\'s
research suggests their appeal is likely to be particularly high among male C2DEs,
and those with children.

Shopping FOR Food
Major food retailers have been concentrating hard on price-cutting activity in
recent years, and especially in the wake of Wal-Mart\'s purchase of Asda. It is
likely that the emphasis will switch more and more towards lower prices, and away
from customer service, in the near future.

These strategies on the part of the major retailers may well have a detrimental
effect on the `hard discounters\' such as Aldi and Netto, which entered the UK market
a decade ago, but have managed to acquire only a niche presence, with a mainly C2DE
customer base.

Market Assessment\'s research suggests that, although C2DEs are more likely than
ABC1s to look for low prices when shopping for food - for example, by opting for
standard rather than luxury ranges of supermarket ready meals - the extent to which
this is important does depend to a fairly large extent on household circumstances.
Single and childless C2DEs differ less from ABC1s in their willingness to buy luxury
ranges than those who are married, and those with children.

Spending ON TheHome
The growth in home ownership over the past few decades has affected the C2DE groups
in particular, with a consequent effect on their willingness to spend money on
improving their homes. Among Market Assessment\'s sample, nearly seven in ten C2DEs
are homeowners, with one in five in local authority accommodation.

The DIY retail market in the UK is highly competitive, and, like the food sector,
has been influenced by the `Wal-Mart effect\', with a number of major retailers
recently introducing low-price own-brand product ranges, and making price cuts. In
the longer term, the globalisation of retail markets may lead to the entry into the
UK of home discount stores.

Leisure Pursuits
There has been much talk recently about the fact that those in less well-off groups
may be being left out of the `technological revolution\', with Internet access and
ownership of home computers much more widespread among ABC1s. Although a high
proportion of the latter own home computers, market trends suggest that C2DEs are
still not rushing to buy them, and it seems increasingly likely that the way ahead
for Internet access among C2DEs will be through televisions, mobile phones or games
consoles rather than through home computers.

Market Assessment\'s research shows that those in the C1 group are twice as likely,
and ABs nearly three times as likely, as C2s or DEs to have made purchases using the
Internet. Around one in five C2DEs in the age groups between 35 and 54 admit that,
although they have Internet access at home, they have very little interest in using
it. It is very likely that many of these `wired-up technophobes\' will be parents of
children and teenagers who are themselves technically competent, and they may
present opportunities if they can be persuaded to overcome their lack of confidence.

Although C2DEs in general have a lower-than-average interest in purchasing through
interactive television, the under 25s are as enthusiastic as others in their age
group.

There has been a `democratisation\' of eating out in recent years, with a
proliferation of restaurants and fast food outlets making this more accessible as a
leisure activity a total of six in ten C2DEs say they prefer to eat out than to
spend an evening at the pub. Even so, they are more well-disposed towards pubs than
ABC1s - and pubs with some form of entertainment are particularly popular with them.


Web Site = www.bharatbook.com

Contact Details = 207, Hermes Atrium,
Sector 11, Plot No.57
CBD Belapur

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •