Professional Documents
Culture Documents
// 2024
The
Great
British
Consumer
2024
schbang.com
The Great British Consumer
// 2024
Contents
The Whole Schbang i
The Results 01 - 38
Mental well-being 14
Sustainability is sustainable 20
Spending habits 28
Tech advancements 36
To Conclude 39
schbang.com
The Great British Consumer
// 2024
HARSHIL KARIA
Founder, Schbang
hk@schbang.com
“ Consumers change daily and it's the small things that greatly
influence how we communicate with them. This report uncovers
what British consumers think, feel, like, dislike, watch and most
importantly, consume. Packed with fresh insights, it's a key
reference to grasp the dynamic consumer landscape. Essential
reading for navigating this ever-changing world.”
SARAH COLES
Creative Director and Partner, Schbang UK
sarah.coles@schbang.com
schbang.com
The Great British Consumer
// 2024
The
Whole
Schbang
We are a global creative and technology company that,
quite literally, offers the ‘whole schbang’. Our team of experts
take pride in every project, delivering elevated experiences
of engagement, whether that’s an advert or in-app user
experience, or anything in between.
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The Great British Consumer
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Schbanging
Our Heads
Together
Towards the end of 2022, we expanded our global offering,
launching our UK office in sunny London. So what better time
than to dig a little bit into the Great British consumer, and learn
a thing or two about how they felt last year. Schbanging our
heads together with a variety of Brits, aged between 18 to 55+.
ii schbang.com
The Great British Consumer
// 2024
In this report, we examine the present mindset of the British consumer, including their
spending habits, digital preferences, and viewpoints on crucial topics including inflation,
sustainability, travel, technological advancements, and consumption of social media. We
conducted a thematic analysis to categorise the discussions into key topics from our research.
REGIONS COVERED
Out of:
10%
100% North West
16%
London
9%
East
5%
Wales
3%
North Ireland
8%
9% 4%
North East
West Midlands
Scotland
8%
Yorkshire &
7% The Humber
East Midlands
13%
South East
8%
South West
iii schbang.com
The Great British Consumer
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This report is based on primary research conducted by Schbang UK in 2023. The data was
then triangulated with additional, verified sources, as mentioned below, to ensure directional
accuracy wherever possible. The idea of this report is to provide an overall view of the UK
consumer - without compromising on nuances. The work is exploratory in nature, it has its
“what’s” and its “why’s”.
We intend to make this an annual effort to help everyone uncover the layers of consumer
behaviour in the UK market. We duly credit, thank and support the work being done by all
the organisations mentioned below. This report is our effort and contribution to add to the
already existing body of knowledge that is out there today.
DATA SOURCES
Similar Web
UK Govt. Sustainability Report
Think With Google
BIMA Sustainability Report
Fashion Network Customer Loyalty Index Report
Customer Loyalty Index 2022 Report Emarsys
Top influencers in the UK
Yotpo Customer Loyalty Survey
UK Travel Trends Think With Google Report
U.K. Retail Economics
Insider Intelligence UK E commerce forecast
Statista Media Insights
Think With Google Marketing Trends
TOP Trends UK 2023 Askattest
IFPI Global Music Report 2023
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The changing
(and unchanging)
role of social media
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The Great British Consumer
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The Great British Consumer
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100
80
60
40
20
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The Great British Consumer
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So when it comes to online content, what are people consuming? The below results are
largely due to the internet's extremely wide category offering of ‘something for everyone’,
with the top most watched content being humour followed by food & beverage and
lifestyle & productivity.
CHOICE OF CONTENT
53%
Entertainment (Fun & gags)
49%
Food & Beverages
47%
Lifestyle & Productivity
40%
Health & Fitness
40%
Travel
33%
Technology
32%
Music & Dance
30%
Educational
30%
Beauty & Skincare
25%
Art & Craft
20%
Business & Finance
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The Great British Consumer
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When we deep dived further into social media platforms, we found that Facebook, Instagram,
and Youtube reign supreme leaving X trailing in their digital dust. TikTok dances its way to
the top 5 - not surprising.
100
90
80
70
62% 60
54% 54%
50
40
30
26%
20 22%
14%
10 11%
10%
5%
1% 1%
0
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The Great British Consumer
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Most people said they use social media primarily for keeping
in touch with friends and family, but popular platforms are
also used to keep up-to-date with events as well as for
recreation.
26% To express
myself
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The Great British Consumer
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Source: Similar web data April-Sept 2023 (Android only, As Apple can’t be tracked), IFPI Global Music Report 2023
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The Great British Consumer
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‘Threads’ does not appear to be a threat to ‘X’ and it’s had little effect
on its popularity. While the two may seem equally popular applications,
the install penetration of X is at least 4 times that of Threads.
Install Penetration
6.62% 29.16%
THREADS X
an Instagram app formally Twitter
This confirms and only strengthens the fact that each platform has its own unique audience.
While two platforms may appear to have the same features and functionality, each finds
its own niche and user base.
Marketers, brands and agencies need to take into account a more holistic approach while
making platform specific plans. And this will also increase the role of data and marketing
mix modelling in years to come.
Source: Similar Web data April – Sept 2023 (Android only). The name change occurred in July. Therefore, the data
comparison covers a period of three months before and after the name change.
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When looking at the website market share, perhaps unsurprisingly, Amazon dominates.
Followed by Ebay, then Etsy, Argos and Temu.
Amazon 24.34%
Ebay 16.81%
Etsy 3.29%
Argos 3.23%
Temu 2.30%
E-commerce Apps also reflect similar results, with Amazon also topping the list. Tesco has
the second highest monthly active users, followed by Temu, Shein and Vinted.
When it comes to engagement however, Temu surpasses Tesco on total session time spent.
What’s interesting is that while companies are focussing on D2C strategies and building
strong funnels, it is equally important that they focus on Amazon as an acquisition channel
and create Amazon specific strategies to grow both business and share of voice.
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5
4.5
3.06 2.94
3 2.98
2.4
2
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The Great British Consumer
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It’s good to
(social) detox
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The Great British Consumer
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Around a fifth of our respondents have ‘detoxed’ from social media and the majority of
them did so because they believed it took up too much of their spare time with unnecessary,
‘random’ content. Following the detox, they reported benefits such as improved health,
increased productivity and better interpersonal relationships.
Disconnecting from social media helped respondents reduce their screen time, reconnect
with their loved ones and engage in their hobbies, while also getting better sleep and
reportedly improving their mental health. Respondents stated that the detox encouraged
them to be more present and engaged. They described a social media detox as refreshing
and liberating.
Some respondents who gave up trying a social media detox claimed they couldn't keep it
up and were afraid of missing out, so they returned to their former habits.
“Not being on social media "Once you've got used to "It is like alcohol, right? Like
made me feel so much more this sort of constant flow of if you consume alcohol in
free” information, it's very difficult small amounts, it's good fun,
to cut yourself off from it. it gives you pleasure. But if
You feel like you're completely you become an alcoholic,
ignorant of what's happening there's nothing worse than
around you." that. So it's the same."
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Mental
well-being
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The Great British Consumer
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The
Mindfulness Insight
Calm Headspace App Forest Timer
Headspace is the most popular mindfulness app in the UK with 2,91,628 Monthly Active
Users, and 69,160 Daily Active users.
Insight Timer, another meditation & mindfulness app in the UK, has an average session
time of 6.52 minutes, which is the highest in the category.
On average, people spend about 7 minutes each day using mindfulness apps, engaging
in activities such as meditation, focused attention exercises, journaling, and listening to
sleep stories.
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The Great British Consumer
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Influencer killed
the TV star
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The Great British Consumer
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@influencerofficial
It was found that respondents purchase a variety of products after stumbling upon ads on
social media; most commonly fashion, clothing, watches, mobile phones, laptops, AirPods
and personal care products. Respondents also mentioned their fondness for getting to
know about discounts on brands through ads on social media, motivating them to buy
and demonstrating the importance of competitive promotional pricing in the current
economic climate.
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The Great British Consumer
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Despite the fact Influencers are clearly beyond a growing trend now. Trusted popular
actors remain, well, popular. We pulled out a little comparison across key Influencers and
Actors’ Instagram follower counts in the UK. The result? Hollywood still rules. But Influencers
reign over TV stars.
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The Great British Consumer
// 2024
Sustainability is
sustainable
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The Great British Consumer
// 2024
While sustainability is gaining more traction now, quality is the most important factor our
respondents consider before purchasing products. Especially when it comes to performance,
feel and utility. Other aspects considered while making a purchase are durability, price,
delivery, reliability and post-purchase customer service. Recommendations and positive
reviews were also cited as important when making purchasing decisions.
49%
Quality
36%
Price
8%
7% Sustainability Brand Name
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The Great British Consumer
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The growth of user searches shows that U.K. consumers have become increasingly more
interested in sustainability issues.
Google Search queries show they aren't just learning about sustainability. They want to
take action.
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The Great British Consumer
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Source: UK Gov SDG Sustainability Report, Think With Google Sustainability Report
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Switching and
ditching a brand
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The Great British Consumer
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We did some digging and found the industry with the most
loyal customers is Clothing & Fashion. People are least loyal
to Furniture and Homeware.
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Food 51%
Technology 22%
With the rise in inflation and cost of living crisis, we also found unsurprisingly that the
pull to save money was more important than loyalty.
“Agree”
Using incentive as a lever is an old practice, but today, brand owners need to get under
the skin of the consumer to understand how to use it as a lever to generate loyalty - else
it would merely be a fight of who offers more!
Source: Emarsys Customer Loyalty Index 2023, Yotpo Customer Loyalty survey
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The Great British Consumer
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Spending
habits
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The Great British Consumer
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62% 19%
Food & Beverages Social
(Groceries) Activities
61% 12%
Rent/Mortgage Personal Care
& Utilities & Hygiene
29% 10%
Clothing Beauty
& Apparel & Skincare
28% 10%
Travel Health
& Transport & Wellness
23% 4%
Gadgets Education
& Electronics
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The Great British Consumer
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Most of the respondents mentioned that inflation is their top concern and has negatively
affected them, which directly affects their spending habits and purchasing power. But there
are significant other factors affecting buying confidence. The cost of living, especially
energy rates and food prices are the biggest concerns. Second on the list is the current
state of the NHS.
Climate change is the third most worrying social issue in the UK, there’s a real opportunity
for retailers to bring products to market which are both sustainable and eco-conscious,
yet at an affordable price point.
Wages haven’t increased in line with the inflation rate for most people, and some of those
interviewed mentioned their concerns about employed workers having to rely on food banks.
“Minimum wage must be increased so that people can survive this economic
recession better.”
10% 70%
Racism Inflation
17% 51%
Unemployment Healthcare
22% 37%
Crime Climate Change
29% 31%
Poverty Alleviation Brexit
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The Great British Consumer
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Post-pandemic
hybrid is here
to stay
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The Great British Consumer
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The budget
travel boom
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BYE!
When we look at search keywords in the UK, the term “cheapest places” in the travel
category has significantly increased in the past year. Along with the “flights anywhere”
trend, it suggests price sensitivity is guiding people’s choice of destination. Value is the
starting point for consumers.
+30% 45%
increase in search interest for of people looking for travel-related
“solo travel” in the UK in the purchases found that the price
last year. was higher than they expected.
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The Great British Consumer
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Tech
advancements
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The Great British Consumer
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Many respondents shared their enthusiasm towards the possibilities of using virtual reality,
too. However, those interviewed felt that VR should be made more accessible to everyone,
indicating that price is still a major factor for the mass use of VR technology. Other major
technologies respondents are excited about include electric vehicles, the Metaverse, 5G,
automation and cloud computing.
Some respondents stated that as the cost of living is increasing they can't afford to spend
a lot on new tech, or are sceptical about some technological advancements. A small proportion
even said they feared rapidly advancing technology, with data privacy being the primary
concern for half of the respondents, as well as concerns relating to the tracking of personal
information via biometrics, geo-location and surveillance. It’s clear that how our data is
treated is more important to consumers than ever, and it’s essential for companies to
prioritise privacy and security. If businesses can reassure consumers of their commitment
to privacy, it may help build confidence in those who are unsure of emerging technology.
Around 15% of all businesses have adopted at least one AI technology, which translates to
432,000 companies across the UK.
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To
Conclude
Speaking to 275 carefully chosen respondents gave us a
fascinating insight into what UK consumers currently care
about, as well as their priorities and opinions.
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2024 Expectations
Times have changed. Power has shifted back into the hands of consumers. We are at the
most interesting time in the history of consumerism. Products are evolving, services are
being created, and consumer preferences are changing by the hour. If you are a brand -
there’s only one way to win; to know your consumer, better than ever, better than anyone
else.
We at Schbang follow the principle of keeping consumers at the heart of every marketing
campaign. We believe that consumer obsession shouldn’t end with the product or service
design teams; the agencies and partners in the ecosystem should echo the same. It is with
this sentiment that this report has been our sincere attempt at a systematic deep dive
into understanding today’s modern and evolved consumers of the UK.
You must have had interesting takeaways from the report - it’s data and insight-rich. But
if we were to share with you our biggest learnings: this report is a window into the minds
of consumers, and there’s only one truth; their needs are evolving, and the only way to
stay ahead is to keep understanding their evolving needs. The data points may change,
and the insights, platforms, and trends may change, but the biggest discovery of this
report is that the dynamic nature of consumers will still hold true.
We have had a great time putting this report together, and we hope you have an equally
great time learning and applying from it. Feel free to cut, copy, paste, share - we believe
knowledge and insights are meant for wider sharing. Cite us - our analysts will feel happy!
On that note, some of the key things we’d suggest to watch out for in 2024:
Sustainability is more than just a trend. It’s here to stay and decide the course of
the products and services economy.
Marketers should focus on building Loyalty - it's the currency that will matter the
most.
Communities will be a way to build strong consumer connections.
The social capital of a company is as important as financial capital.
Disruptors can come from everywhere, and in any industry.
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CONTACT DETAILS
Email: uk@schbang.com
Tel: +44 (0)7564 357 802
London: Schbang
71-75 Shelton Street,
Covent Garden,
London, WC2H 9JQ