| Characteristic | Share of respondents |
|---|---|
| To provide more discounts to help me purchase essential items (e.g., food, medicine, fuel, apparel, utilities) | 70% |
| To provide bigger discounts to loyal customers | 69% |
| To accept lower prices for the products my family and I require (e.g., essential items like food, medicine, fuel, apparel, utilities) | 67% |
| To forfeit excess profits for the benefit of society | 65% |
| To use technology to lower prices (e.g., replacing staffed check-out counters with self-service payment areas to lower overheads) | 56% |
| To reduce prices of non-essential items that improve standards of living (e.g., toys, books, electronics) | 56% |
| To work with banks/financial institutions to provide credit to customers | 50% |
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Source
Release date
January 2023
Region
Worldwide
Survey time period
October and November 2022
Number of respondents
11,300*
Age group
18 years and older
Supplementary notes
* across 11 countries in North America, Europe, and Asia Pacific.
Respondents were asked whether they agreed with the below statements:
"During this difficult economic environment, I expect companies..."
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