YouGov research suggests holy month is set to provide a boost for UAE retailers
Ramadan is set to provide a boost for UAE retailers, with two in five (40 percent) consumers believing that Ramadan has the best offers and is the best period for them to make all their purchases, according to new YouGov research.
The data shows that three quarters of people in the UAE are “Ramadan shoppers”, those who make either planned or impulsive purchases during the holy month.
This is a higher proportion that the average for consumers in other Gulf Cooperation Council member states, a statement said.
YouGov’s research found that while consumers are on the look-out for promotions across a broad range of categories, many are focusing in on offers in certain specific areas. Over half are looking for deals in groceries and fresh produce (54 percent) and clothes (51 percent), while well over a third are keen to find mobile phone (39 percent) and fashion accessory (36 percent) bargains.
The study suggested that brands only really matter when it comes to big ticket Ramadan purchases. Around half pick look for specific brand offers for cars (54 percent), mobile devices (54 percent), computers and laptops (50 percent), cameras (49 percent), while over four in ten seek out offers from big names in the household electronic (45 percent), beauty product (44 percent), and household appliance (41 percent) spaces.
Despite the growth in e-tailing over recent years, the research also shows that 9 percent of consumers plan to only shop online during Ramadan. Instead, the majority plan to spend at least some of their shopping time either exclusively at the mall/in store (39 percent) or a combination of in-store and online (38 percent).
Kerry McLaren, YouGov director Omnibus and Agency Sales, said: “Ramadan represents an enormous opportunity – both for retailers and customers. While it is fair to say that, on the whole, consumers want bargains, the key for shops – be they online or actual stores – is important to know what type of deals they are looking for and on what products.
"Our data shows that when it comes to Ramadan many people want offers and promotions on things like mobiles, clothes, and groceries. Shoppers in the holy month also favour going to malls instead of going online. By understanding the mindset of the Ramadan shopper, retailers and advertisers can reach them more effectively.”For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.