Alter Agents Study Shows Americans Share Common Ground Leading Into the 2024 Election
Data indicates that the U.S. population is less divided that we might think; key issues surround inflation, polarization, price and quality, and institutional trust
LOS ANGELES, Sept. 18, 2024 /PRNewswire/ -- Alter Agents, a full-service market research consultancy, has released the findings from its latest study, From pessimism to purpose: Strategic consumer insights for the next chapter. The research, conducted among 1,300 U.S. consumers last month, sheds light on current consumer attitudes in the United States, challenging the perception that the country is deeply divided, and uncovering opportunities for brands to more deeply connect with audiences.
Despite the common narrative of polarization, the study reveals significant areas of agreement among the population, particularly on economic and social concerns. Most notably, inflation remains the top concern for the majority of Americans, influencing purchase behaviors and overall outlook on the future. Furthermore, trust in businesses, governments and even other people continues to erode. Brands have an opportunity to step in with solutions that align with their audience's needs and values, while also providing a bright spot in a relatively pessimistic ecosystem.
"Our data shows that consumers aren't happy right now, and are feeling worried, fearful and distrustful, no matter their demographics," said Rebecca Brooks, CEO of Alter Agents. "However, this environment provides a unique moment for brands to help ease these anxieties by offering real value and showing they care about people over profits. Americans are seeking more than just price discounts; they're looking for authenticity, trust, and shared moments of positivity."
As Americans face financial pressure, brands that offer affordable, high-quality products can build trust and loyalty. Additionally, brands that foster moments of joy and human connection—through positive, uplifting messages and community investment—will resonate with a population looking for relief from economic and political stress.
Key findings from From pessimism to purpose: Strategic consumer insights for the next chapter include:
- Inflation is a major worry: 78% of respondents say inflation has made it harder for them to afford essential items like groceries, utilities, and gas.
- Collective pessimism, but hope remains: 67% believe the future will be better, even as 72% say the world feels less safe today than it did in the past.
- Trust in institutions is low: 62% of respondents report a lack of trust in the federal government, and 64% say most companies only care about the bottom line.
- Social values vs. price and quality: While 64% of consumers say their purchase choices reflect their personality and values, price (68%) and quality (63%) remain the most influential factors in their shopping decisions.
To view more data from the study, visit: https://alteragents.com/ebook/from-pessimism-to-purpose/
About Alter Agents
Alter Agents is a full-service strategic market research consultancy reimagining research in an era of shifting decision making. Deep creative thinking and innovative solutions help Alter Agents' clients understand consumer needs. The Alter Agents team believes that research must adapt to help brands overcome challenges brought by trends like shopper promiscuity and brand narcissism. The company's immersive approach and unique methodology has helped brands such Snapchat, YouTube, Audacy, Viking Cruises, Pinterest, and more gain powerful, actionable insights. More at www.alteragents.com.
Media contact: Marie Melsheimer, [email protected], +1-541-815-3951
SOURCE Alter Agents
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article