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Abandoning consumer product innovation because of a weakened economy could result in missed opportunities, warns Nielsen in the February 2009 edition of Nielsen Consumer Insight. Research showed that purchase intent and value perceptions remain stable over time, regardless of changes in macroeconomic conditions, and while consumers cut in areas such as new cars or vacations, they continue to treat themselves with “affordable indulgences.”
Read the full report: February 2009 edition of Nielsen Consumer Insight.
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