Seven years on, INSEAD study reveals #MeToo's unexpected impact
INSEAD professors
The researchers analysed data from a leading fashion retailer across 32 OECD countries, focusing on women's footwear purchases between
This average effect is driven by markets more exposed to the #MeToo movement - in particular the Nordic countries and
That's not all. The team also found consistent declines in stockouts for pink or red items for three women's product categories: lingerie, dresses and handbags.
To explore the underlying reasons for this shift in preferences, the researchers surveyed approximately 1,000 women in
Marketing in the post-MeToo world
The study's implications extend far beyond the fashion industry, highlighting the potential for social movements to impact consumer markets in unexpected ways.
The researchers recommend that brands that rely heavily on gender-based marketing strategies – "pink it or shrink it" in industry speak – reassess their approach. Brands need to be more attuned to shifts in social norms and values, as these can quickly influence consumer preferences.
The authors also recommend that companies conduct brand audits to assess how their products intersect with consumer identities and stereotypes, and how social movements may affect their brand value.
The research provides valuable insights for businesses operating in an era where consumer identity is a major driver of purchasing decisions. As social movements continue to shape public discourse and consumer preferences, firms that adapt quickly to these changes may find themselves better positioned for long-term success.
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SOURCE INSEAD
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