As the Festivals approach, businesses in the e-commerce and B2B sectors face the critical task of understanding and adapting to customer behavior shifts. With inflation concerns, changing motivations, and the appeal of online convenience, consumer priorities during the holiday season are more dynamic than ever.
So, how can companies leverage these insights to boost engagement and drive conversions?
In this blog, we’ll break down key trends in customer behavior and discuss strategies to position your brand for maximum impact in this season of spending.
Top Customer Behavior Trends in Indian Festive Shopping
In India, understanding customer behavior around festive seasons like Diwali is essential. With heightened price sensitivity and a demand for convenience, and by using great WhatsApp festive campaign strategies brands can leverage these unique insights to maximize their reach:
- Discounts and Deals: Over 70% of Indian consumers are likely to buy from brands offering discounts. Festive promotions can have a significant impact on conversion rates.
- Mobile Shopping: As mobile commerce grows, ensuring a mobile-responsive website is non-negotiable. With 50% of retail sales coming from mobile, brands like Flipkart have seen major returns from a mobile-first approach.
- Preference for Trusted Brands: Indian consumers gravitate toward reputable brands for big purchases. Building credibility through authentic reviews and transparent policies helps gain customer trust.
- Cultural Sensitivity: Recognizing India’s cultural diversity in campaigns creates a stronger emotional connection, making your brand more relatable to local consumers.
- Social Media Influence: Nearly 34% of Indian shoppers rely on social media to find festive offers. Engaging content, influencer partnerships, and user-generated content can drive brand visibility.
Price Sensitivity Peaks: Meet Customers Where They’re Looking for Deals
Let’s have a look at the stats of the Price sensitivity of the Customers in India for a better understanding of Customer behavior.
- 84% of holiday shoppers are increasingly wary of inflation’s impact on their budgets.
- Rising prices have sparked significant changes in customer behavior, with 71% of consumers noticing higher in-store prices over recent months.
- 67% have cut back on non-essential expenses like vacations.
- 47% are reducing online shopping due to increased digital prices.
- 35% are actively searching for discount codes.
For businesses, this means one thing: competitive pricing is key. One more important thing is prioritizing customer follow-ups. Campaigns focused on percentage discounts, dollar-off promotions, and free shipping offers can turn the tide in your favor, meeting customers where their pain points are most pronounced.
Festive Purchase Planning: Starting Earlier Each Year
Gone are the days of last-minute holiday shopping. According to Salesforce, a growing trend in customer behavior shows that 37% more Indians plan to kick off their Festive buying earlier. By August, 22% had already begun purchasing gifts for festivals like Dusshera, and Diwali, driven by a desire to spread out spending and avoid inflated prices.
Businesses can use this shift to jumpstart Festive marketing as early as October. Consider offering early-bird deals, creating Festive gift guides, and rolling out countdown promotions to inspire early purchasing decisions.
Creating engaging WhatsApp Festival Templates with all these offers can skyrocket your revenue instantly.
Emotional Motivations Take Center Stage
During the festival, emotional drivers like joy, family connection, and gift-giving replace routine motivators in customer behavior. Consumers browse with loved ones in mind, often relying on recommendations to select meaningful gifts.
To resonate with these motivations, businesses should highlight how products create lasting memories or foster connection. A well-crafted, heartfelt marketing message can be a powerful tool for driving conversions.
How WhatsApp Influences Customer Behaviour During India’s Festive Season
With over 55% of Indian brands now using WhatsApp Business for festive marketing, the platform’s 98% open rate has positioned it as a top choice for driving customer engagement.
- Increased Engagement: Brands using WhatsApp for festive campaigns report a 27% rise in customer engagement, particularly during Diwali and Durga Puja.
- Higher Conversion on Offers: Messages about discounts and flash sales have a 45% conversion rate on WhatsApp, outperforming email campaigns (8%).
- Interactive Content Success: Campaigns with polls, quizzes, and catalogs see a 40% higher engagement rate as customers readily interact and share.
- Rich Media Boosts Clicks: Visual messages (images, videos, GIFs) have a 70% higher click-through rate than text-only messages.
- Cart Abandonment Recovery: Cart reminders recover up to 35% of potential sales, encouraging purchases during high-demand periods.
- Personalized Retention: Customized greetings and offers increase customer retention by 22%.
- WhatsApp Pay for Easy Checkout: In-app payments through WhatsApp Pay boost transaction volume by 15%.
- Fast Response Time: Brands cut response times to under 10 minutes, enhancing customer satisfaction and conversion.
- Strong ROI: WhatsApp marketing yields an 18X ROI during the festive season, especially for consumer goods and fashion retail.
Seize the Festive Season with a Customer-Centric Approach
This holiday season, don’t miss the opportunity to capitalize on changing customer behavior trends. By tuning into customers’ motivations, preferences, and buying behaviors, you can create a strategy that resonates and drives engagement.
Promote competitive pricing, make an emotional connection, and create a seamless online experience. The customer appetite is out there and the success of your campaign depends on how well you satisfy it.
Conclusion
By utilizing WhatsApp to understand customer behavior, embracing call options, and personalizing the customer experience, businesses can enhance their service standards and cultivate customer loyalty. With the approaching festive season, it is crucial to select a reliable partner such as MyOperator to ensure unparalleled service delivery during this busy period.
MyOperator offers a range of features including integrated call and WhatsApp support, automated responses, and seamless client interaction, equipping businesses with the tools necessary to keep customers satisfied and engaged.
If you are looking to elevate your customer service, especially amidst the holiday rush, MyOperator is the solution for you. Our platform is tailored for B2B businesses, providing the assurance and assistance essential for making this festive season your most successful yet.
