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58% Share Email for Discounts, But Protect Social Data

Retailers are finding that while customers love discounts, they're also concerned about their privacy when sharing personal information. According to a recent study from digital transformation consultancy Daemon, promotional offers and email for discounts remain a strong draw across generations; Millennials lead at 67%, followed by Baby Boomers at 65%, and Gen Z at 61% in terms of repeat visits to stores based on discounts.

58% Share Email for Discounts, But Protect Social Data
Source: Depositphotos

Data Privacy vs. Discount Incentives

Modern consumers are picky about what personal data they are ready to trade, though, for advantages. According to digital transformation consultant Daemon’s research, only 9% of consumers would provide access to their social media profiles for the same offer while 58% would share their email address for a 25% discount.

Faster checkout times draw even less interest; only 25% of respondents are ready to provide their email address for this advantage, and 52% firmly refuse to share any personal data.

traditional checkout preferences accross generations

Source: Daemon

Changing Consumer Demographics and Shopping Preferences

In this privacy-versus-benefits equation, a generational split results. While their older colleagues remain more guarded, even with incentives, younger consumers show more openness to sharing personal information including phone numbers in exchange for benefits.

This trend implies stores should carefully adjust their strategy to balance appealing advantages with trust-building actions among several demographic groups.

The grocery industry provides an especially interesting illustration of changing consumer tastes.

Although between March 2020 and summer 2021 the epidemic spurred an increase in online grocery shopping, in-store shopping appeals to 36% of consumers. Price is still the main factor for in-store customers, followed by convenience (59%), then product availability (53%).

Grocery shopping, pandemic pivot

Source: Deamon

The Evolution of Online Grocery Shopping and Loyalty Programs

The online grocery experience differs; convenience leads at 49%, followed equally by price and delivery experience at 46%. Consumers indicate that reduced delivery fees (40%), enhanced online deals (34%), and removal of minimum purchase requirements (28%) would encourage more frequent online grocery shopping.

Despite ongoing privacy concerns, loyalty programs continue to demonstrate their vital role in retail strategy, particularly in the UK market.

The statistics are compelling: 82% of British consumers possess loyalty cards, with an impressive 77% utilizing them during every shopping trip, highlighting supermarkets’ successful cultivation of customer loyalty.

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