New year’s resolutions: Customers’ plans for 2023

December 15, 2022

According to a 2022 survey, two out of five (40%) Brits plan to make New Year’s resolutions for the next year. This makes January the ideal time for brands to promote their products by helping consumers on their newfound journey. In today’s blog, we discuss the most recent data to uncover the latest trends around Consumer New Year Resolutions for 2023.

Financial Stability, Health and Social Interactions

The cost-of-living crisis has a significant impact on people’s plans. In 2022, Save Money (46%) was the most popular resolution, moving a resolution to Lose Weight to second place. This would mean that some brands will have to re-evaluate how they deliver value to consumers.
Ease of lockdown restrictions resulted in increased interest in travel and spending more time with friends or family. At the same time, the interest in self-development such as reading or learning new skills went down.

*New Year’s Resolutions 2021 vs 2022*, *GWI data, UK, %*

Generational Differences: Younger People Consider Mental Health More Important

Surprisingly, interest in Saving Money decreases with age – 66% of Gen Z, 41% of Millennials and only 34% of Baby Boomers mentioned saving money in their New Year Resolution. This could be explained by the fact that Baby Boomers are the biggest earners across all generations, thus experiencing less financial pressure and the need to save money.
While younger generations are more concerned about mental health, Baby Boomers (52%) have the largest share of those who want to lose weight. Despite that only 39% of Baby Boomers were planning to eat more healthily, which means that the link between losing weight and healthy eating might not be that evident for some people.
Males are 20% more likely than average to plan to drink less.
Gen Z and Millennials are 56% more likely to plan on finding love

*GWI data, UK, % of consumers who plan to make New Year’s Resolutions concern the following*

Consumer behaviour is constantly evolving, and retail brands need to stay ahead of trends to remain competitive. Contact us today if you want to identify the most effective social marketing strategy for your brand and always stay ahead of trends.

Latest Posts

B2B leads go cold when interest is captured before the buying group is ready to move. A form fill shows that someone acted, but it does not mean the decision is ready. Social keeps the commercial conversation alive by carrying proof, building trust and showing what buyers are researching before sales can see it.

Creative content on social media tends to fall into two camps: the stuff you actually remember, and the stuff you clicked on once… then instantly forgot. We’ve all experienced the second one. The extra dramatic hooks, the “OMG, this will TOTALLY change your life” claims, the slightly over-the-top thumbnails. It’s…

FMCG brands don’t need more hacks. They need to understand the behaviour behind the feed. This is my particular bugbear right now. The algorithm is only useful when you understand the people behind the signals. We get endless tips about timing, hooks, formats, posting frequency and “what the algorithm wants”,…