Birmingham, West Midlands -- (SBWIRE) -- 07/17/2015 -- According to new research from Mintel's British Lifestyles Report which observes consumer activity, UK shoppers have made significant cuts to their spending over the last year. Much of this activity appears to be directed towards saving money for larger expenses later – such as a holiday. One area in which shoppers are spending less is leisure and entertainment – with spending cut by 34%. This emphasizes that despite 2014 marking the fastest rate of economic growth since 2007; consumers are keeping up the money-savvy shopping habits they probably acquired in the earlier down-turn.
Therefore the figures suggest that many are making more cost-efficient choices when it comes to their purchases. People still want to buy leisure and entertainment products, as the survey shows, but through means which will save them money. This has been facilitated by the rise of businesses offering quality products at lower prices, ensuring consumers get the value for money they strive for, especially prior to the holiday season. But this does not mean that businesses will be hard-hit by these new habits – instead, the best are already taking steps to cater for the spending-conscious shopper.
About Betterware
Betterware are a prime example of a homeware and garden product company stocking a wide range of goods at affordable prices – available over the internet and by catalogue. They are also frequent commentators on industry news and were quick to reflect on the British Lifestyles Report.
"The report shows that people are making more cost-conscious shopping decisions, and this is something we acknowledge as important here at Betterware," A spokesperson said "That is why we strive to provide quality goods at the lowest possible prices. We regularly provide sales and discount stock too, making saving money even easier. The fact that people are especially looking to save money in entertainment is something we also recognise. The market is full of entertainment products which can often be over-priced and of doubtful quality. We offer a range of gifts and other merchandises ideal for entertaining – from gadgets the kids will love, to beautiful kitchen innovations ideal for adults to entertain with. You are always welcome to contact us for more information and can visit our website to see our comprehensive, cost-effective range."
PR Contact:
Company name: Betterware
Tel: 0121 796 1150
Website: http://www.betterware.co.uk
Contact person: Shaishev Prajapat
Email: s.prajapat@betterware.co.uk
Address: Betterware Ltd,
Unit 2 Hurricane Park,
Heartlands Parkway,
Birmingham,
B7 5PJ