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A Deloitte survey of executives found that 85% believe a focused, 'category killer' business model will outperform large, diversified conglomerates.
According to research from Deloitte, approximately 50% of consumers globally are classified as 'value seekers,' characterized by cost-conscious and deal-driven purchasing habits.
Deloitte research indicates that 35% of high-income consumers globally are also considered 'value seekers'.
Consumer product companies are divesting underperforming assets and increasing investment in high-demand product lines in response to profitability pressures.