Consumer Types in Nigeria

November 2024

Consumer Types can be a powerful tool to help companies better understand and appeal to their target markets. By going beyond typical demographic-based segmentation, such as age or gender, and grouping consumers based on shared traits and preferences, companies can better develop products and marketing campaigns that resonate with key customers.

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This report comes in PPT.

Overview:

Consumer Lifestyle reports provide detailed snapshorts of the behaviours, attitudes and spending patterns of consumers in 40 countries. 

The Lifestyles reports offer valuable statistics and insights into key consumer traits and values, linking behaviour trends with purchase and consumption habits. Using lifestyles survey data, these reports quantify behaviours, preferences and motivations both now and in the future across specific consumer-related topics relating to how consumers live, shop, work and play in 40 markets. Analysis is also included on how Euromonitor’s 8 focus megatrends, the longer-term shifts in consumer attitudes and behaviour, are playing out in each of the 40 countries. Consumer lifestyles are constantly shifting. Understanding behavioural shifts is vital for businesses to stay competitive and adapt to in order to capitalise on new opportunities.

The Consumer Lifestyle in Nigeria report includes:

Lifestyles survey data and analysis on consumer values, behaviour and future expectations on topics such as life priorities, home and work life, ethical and health priorities and eating, leisure and shopping habits and use of technology. Consumer Megatrends covered are: Connected Consumers Ethical Living Experience More Healthy Living Middle Class Retreat Premiumisation Shifting Market Frontiers Shopping Reinvented

The Consumer Lifestyle in Nigeria report answers:

  • How is the consumer mindset in Nigeria changing? In Nigeria, what are consumer attitudes towards “green” and sustainable products?
  • What values influence consumers in Nigeria purchase decisions?
  • Where and how do consumers shop in Nigeria?
  • What health-related activities do consumers in Nigeria participate in?
  • What megatrends should I focus on in Nigeria (and why)?
  • How do I prioritize my investment? I operate in country x, which are the most important megatrends in that country?
  • My product chimes with the Healthy Living trend, what consumer behaviours do I need to consider for innovation planning?
Scope
Why segment consumers by type?
Breakdown of consumer types in Nigeria
Who is the Brand Champion?
Brand Champions : Demographic profile
Brand Champions: Values and influences
Brand Champions: In-store and online shopping motivations
Best ways to target Brand Champions
Who is the Wellness Enthusiast?
Wellness Enthusiasts : Demographic profile
Wellness Enthusiasts: Values and influences
Wellness Enthusiasts: In-store and online shopping motivations
Best ways to target Wellness Enthusiasts
Who is the Trendsetter?
Trendsetters : Demographic profile
Trendsetters: Values and influences
Trendsetters: In-store and online shopping motivations
Best ways to target Trendsetters
Who is the Connected Shopper?
Connected Shoppers : Demographic profile
Connected Shoppers: Values and influences
Connected Shoppers: In-store and online shopping motivations
Best ways to target Connected Shoppers
Who is the Experience Seeker?
Experience Seekers : Demographic profile
Experience Seekers: Values and influences
Experience Seekers: In-store and online shopping motivations
Best ways to target Experience Seekers
Who is the Changemaker?
Changemakers : Demographic profile
Changemakers: Values and influences
Changemakers: In-store and online shopping motivations
Best ways to target Changemakers
Who is the Budgeteer?
Budgeteers : Demographic profile
Budgeteers: Values and influences
Budgeteers: In-store and online shopping motivations
Best ways to target Budgeteers
Age and gender
City size and parental status
Education
Employment (1)
Employment (2)
Income
Overview of Voice of the Consumer: Lifestyles Survey
Euromonitor International’s Consumer Types series
How do we create our Consumer Types?
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Gain a thorough knowledge of shifting consumer attitudes and habits and fill in information gaps to inform product/service development, market positioning and channel strategy.

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