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Tuesday, 26 August 2014

Brands 'miss' key cultural events

Warc, 29 July 2014
LONDON: With British Muslims celebrating the festival of Eid al-Fitr over the coming days, new research suggests brands may miss out on the sales opportunities presented by this and other cultural events.

According to an online poll of 1,000 UK adults by creative agency Haygarth, nearly one-third (30%) of Asian or British Asian respondents intend to go shopping for Eid and Ramadan, the month of fasting that precedes it, Marketing Week reported.

This amounts to 3% of all UK consumers, leading Haygarth to warn that the retail calendar is becoming increasingly complex because of changing demographics, cultural trends and marketing techniques.

It found another 3% of UK respondents intend to shop for the Jewish festival of Passover, 7% will do so to mark the Chinese New Year, and 2% (or 26% of Asian or British Asians) will go shopping for the Hindu festival of Diwali.

"Brands are missing out," said Anthony Donaldson, planning director at Haygarth. "Ramadan is a fasting occasion but it's also a period when lots of food is consumed after the sun goes down … yet I don't know any food brand that has thought creatively about how it might link with the occasion."

Not surprisingly, the study found Christmas (83%) to be the most popular event among UK shoppers, followed by Mother's Day (54%), Easter (51%), Valentine's Day (45%) and Father's Day (44%).

However, less notable events also draw considerable interest, including Shrove Tuesday or Pancake Day (43%), St George's Day (11%), the celebration of England's patron saint, St Patrick's Day (10%), and Burns Night (6%), the celebration of the life and works of Scottish poet Robert Burns.

St Andrew's Day, recognising Scotland's patron saint, will be marked by 4% while 3% will shop for St David's Day, which celebrates the patron saint of Wales.

Interestingly, the report also found the American imports of Black Friday and Cyber Monday to be making headway among UK consumers.

These dates are the first Friday and Monday immediately following Thanksgiving that many Americans regard as the start of the Christmas shopping season. It seems a full 7% of UK shoppers plan to go shopping on one of these days, according to the report.

It comes as new research from national tourism agency VisitBritain has shown tourists from the Middle East are the top spending tourists in the UK, the Independent reported.

As visitors from the region arrive in the UK during Ramadan, VisitBritain found tourists from Kuwait and Qatar spend an average of £3,000 to £4,000 per visit and Middle Eastern holidaymakers are twice as likely to buy handbags and cosmetics.


Data sourced from Marketing Week, the Independent; additional content by Warc

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