How shrinking wallets are pushing Kenyans to brand switching

According to the Nielsen IQ consumer outlook report, millennials and boomers have been found to monitor the cost of the overall basket of goods to manage expenditure...
✨ Key Highlights
Kenyans are shifting their shopping habits due to shrinking disposable incomes, with many now in survival mode, according to a new study. Consumers, especially millennials and boomers, are increasingly opting for cheaper alternatives and discount stores.
- A new study reveals that the majority of Kenyan consumers are in “survival mode” due to reduced disposable incomes.
- Millennials and boomers are increasingly shopping at discount, value, and lower-priced stores.
- Consumers are spending less on essentials, indicating a widespread shift towards brand switching.
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