03 FEBRUARY 2025

Insight into Chinese Consumer Trends in 2023 (Part 1) 

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The overall consumer consumption characteristics

 

Scientific Consumption: The Process of Proactively Choosing a Higher Quality of Life

Consumers increasingly embrace the concept of scientific consumption, prioritizing personal well-being and independent decision-making. They seek to enhance their quality of life rather than compete with others, valuing thoughtful purchases aligned with their needs. Scientific and rational consumption methods are widely seen as beneficial, with 71.9% of consumers believing they contribute to maintaining a healthy economic situation.

Consumer concept one: Individual consumption philosophy and management system have tended to be complete.

Consumers are increasingly focused on managing their consumption scientifically and rationally. Around 80.4% prioritize cost-effectiveness and planned shopping, establishing their shopping criteria. To achieve this, they employ methods like comparing prices and thoroughly researching products and discounts. Additionally, approximately one-third of consumers actively seek out knowledge related to scientific consumption through various channels such as articles, books, and documentaries, demonstrating a commitment to informed decision-making.

Consumer Concept Two: Fully Understanding Self-Needs Becomes the Core of Decision-making

Consumers prioritize satisfying their own needs over following trends, displaying a heightened sense of self-awareness in their purchasing decisions. Despite the abundance of marketing tactics and internet-famous products, most consumers refrain from blindly chasing trends. Instead, they carefully evaluate products based on their actual needs, considering various perspectives to maximize consumer value.

Consumer Concept Three: “Refinement” Becomes the Key Consumer Keyword Post-Pandemic

After the pandemic, consumer behavior has shifted towards making more informed and conservative consumption decisions. With a sober attitude towards spending, the majority of consumers prioritize refined planning or reducing expenditures. Only 4.4 percent intend to increase spending. Despite these changes, a significant portion of consumers remain confident in continuing to practice scientific consumption in the future.

Consumer Concept Four: Extended Product Evaluation Paths, Reassessment of Product Value

Consumers prioritize quality over price, demonstrating an unwavering commitment to value. Despite adopting a more cautious approach to consumption, they maintain high standards and are willing to pay more for superior quality. Many consumers now adopt a mindset of trying out multiple options to find the best fit for their needs. Businesses have responded by offering trial-sized packages, which consumers highly appreciate, with a majority willing to try products through this method. This enables them to make informed decisions based on product quality, performance, and user experience.

 

Consumer Concept Five: Green Consumption Has Deeply Infiltrated Daily Life

Consumers show a strong preference for environmentally friendly shopping methods, with a significant portion willing to prioritize reusable or recyclable goods. A majority also express openness to accepting second-hand goods, particularly electronic products. However, for daily necessities like food, cosmetics, and pharmaceuticals, consumers generally prefer purchasing new items rather than second-hand ones.

 

Before Consumption: Gathering Diverse Information Channels to Enhance Judgment Abilities

Consumers employ diverse channels to gather information before making purchases, enhancing their decision-making process. Alongside shopping platforms, many also turn to non-shopping platforms like social media and video platforms for product-related content. This multi-platform approach is utilized by nearly all consumers, reflecting the importance of accessing varied sources of information.

 

Consumer Prior: Knowledge-based “Type of Product Recommendation Support” Empowers Consumer Smart Decisions

Consumers are more likely to resonate deeply with marketing content that incorporates professional knowledge. Consumers are increasingly emphasizing autonomous investigation during the purchasing process, including understanding the technical content and target audience of products. In addition, 78.2% of consumers welcome product knowledge provided by the sales side. Some consumers also autonomously validate this knowledge. These results reflect not only consumers’ willingness to actively understand product knowledge but also their awareness of forming self-judgment regarding product knowledge.

 

Before Consumption: Dialectical Product Recommendation Replaces Passive Product Recommendation

Professional evaluation content significantly influences consumers’ purchase decisions. While product recommendations often use visuals to entice consumers, not all content is trustworthy. Modern consumers critically assess recommendations, verifying information across platforms to avoid deception. Professional evaluation teams and experts are the most trusted sources for product recommendations

Amid consumption, consumers exhibit a mature approach, scrutinizing discounts during shopping festivals for maximum benefit. Despite tempting promotions, they assess authenticity and value, prioritizing practicality over impulse buying. Electronics are favored for festival purchases.

During Consumption: Decision-making cycles lengthen, with quality factors gaining more influence.

Rational consumption diminishes price dominance, curbing impulse buying. Consumers pause, evaluating a purchase’s worth across dimensions to avoid impulsivity. The majority await price drops or opt for moderate spending on preferred items beyond budget.

Post-consumption: Sharing shopping intelligence embodies altruistic values.

The open mindset in shopping conversations, emphasizes truthful, reliable info. Rising content community engagement prompts voluntary sharing of product experiences, prioritizing quality over profit. Consumers serve as authentic advocates, freely sharing experiences to aid others’ decisions.

Post-consumption: After-sales rights protection methods are more efficient and direct.

Consumers prioritize rational communication and action when facing product issues. Initially engaging with brands for resolution, they turn to legal recourse if unsatisfied, benefiting from enhanced consumer protection systems.

Pre-80s vs Post-80s: Strong-willed vs Budget-conscious

Pre-80s prioritize learning scientific consumption (34.4%) and item inventory (15.6%). 25.2% buy if affordable, resist product recommendation marketing (15.6%), and favor household appliances during festivals (54.0%). 

Post-80s focus on trying multiple brands (37.6%), tracking expenses (25.4%), and saving post-pandemic (30.8%). They trust blogger recommendations (67.8%) and prefer furniture/kitchenware during festivals (37.2%).

90s Generation vs 00s Generation: Pay for love vs Analyze and scrutinize intricacies

The 90s generation prioritizes recognized brands and planned consumption, with 38.0% using shopping lists. Despite budget constraints, 8.6% engage in advance consumption. They gather extensive product information, with 29.2% visiting multiple non-shopping platforms. During festivals, they favor bags and clothing, with 42.8% waiting to buy. 

In contrast, the 00s generation emphasizes price comparison (75.2%) and rational “product recommendation” marketing (52.0%). They are open to trying product replacements (45.6%) and stockpiling post-pandemic (20.4% purchase more domestic products). During festivals, they prefer beauty and personal care products, with 51.6% waiting to buy.

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