UK students have named the brands they shop with most – Amazon, New Look, Superdrug and The Co-operative Food.
In the annual cardholder survey carried out by NUS extra – the discount and lifestyle card provider arm of the UK students union – 67% of students surveyed said that they had used Amazon in the last 12 months. New Look, the only fashion brand to feature in the top 10, was used by 45% of students, followed by Superdrug at 43% and The Co-operative Food at 41%.
The Co-operative Food, the only food retailer to currently offer a student discount, was also found to be the discount used most regularly by NUS extra cardholders, taking the top spot from New Look who was the most used discount in 2013/14 and 2012/13.
Alex Butcher, partnership and marketing manager for NUS extra, said: “This research gives brands and retailers a real insight into who students are shopping with. This isn’t just a stat about students’ favourite or more aspirational brand, these are the brands that our cardholders are using and spending money with, and they demonstrate a clear range of categories. It isn’t all high street fashion; online, beauty, groceries and eating out are all popular with our cardholders.”
Each year, more than ½ million undergraduates start higher learning. Commonly referred to as the ‘student pound’, they are a very valuable customer group for retailers and brands.
Andrew Mann, customer director at The Co-operative Food, said: “Undertaking this partnership with NUS extra and providing a 10 percent discount off our groceries to savvy students who want to save money, has given the Co-operative an opportunity to encourage students to shop conveniently and locally to their homes and place of study. With around 2,800 stores across the UK, they can use their discount wherever they live.”
Currently in 8th place in the top brands used by students, you might see rising star Pizza Express making its way up the rankings over the next 12 months due to their increasing engagement activity with students.
A Pizza Express statement said: “Partnering with NUS extra has been a great platform for us to tap into the student market. Students are becoming increasingly important in the restaurant business as they are one of the most influential groups when it comes to going out and socialising with friends. Every year, we are experiencing success with student offers and so we are increasing activity with NUS extra to further penetrate the market and engage with them.”
The survey also revealed that two thirds of cardholders’ use their card at least once every two weeks, making it part of their regular spending habits. Cardholders are drawn to the attractive discounts, and therefore are likely to show preference to brands affiliated with NUS extra.
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