consumer snapshot december 2014

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www.ProsperDiscovery.com Consumer Snapshot december 2014

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Page 1: Consumer Snapshot December 2014

www.ProsperDiscovery.com

Consumer Snapshot december 2014

Page 2: Consumer Snapshot December 2014

© 2014, Prosper® www.ProsperDiscovery.com

sentiment strategy

december 2014

Disclaimer: Prosper Business Development and its affiliated companies (“Prosper”) make no warranties, either expressed or implied, concerning: data gathered or obtained from any source; the present or future methodology employed in producing the statistics; or the data and estimates represent only the opinion of Prosper and reliance thereon and use thereof shall be at the user’s own risk.

holiday

Page 3: Consumer Snapshot December 2014

© 2014, Prosper® www.ProsperDiscovery.com

sentiment

consumer sentiment confidence continues to climb in December, reaching a

7+ year high of 47.2% confident or very confident in chances for a strong economy (Jul-07 = 47.8%)

very confident/confident in chances for a strong economy {adults 18+}

Source: Prosper Insights & Analytics

13 month summary look for New Year sentiment to sustain or push confidence

higher in January – February/March will be more telling indicators of consumers’ moods and willingness to spend

37.9%

47.2%

30%

32%

34%

36%

38%

40%

42%

44%

46%

48%

50%

Page 4: Consumer Snapshot December 2014

© 2014, Prosper® www.ProsperDiscovery.com

sentiment very confident/confident in chances for a strong economy {adults 18+}

holiday optimism with the holiday shopping season in full swing,

confidence is up about 25% over Dec-13 and on par with pre-recession Dec-06 (46.9%)

Source: Prosper Insights & Analytics

consumer sentiment confidence continues to climb in December, reaching a

7+ year high of 47.2% confident or very confident in chances for a strong economy (Jul-07 = 47.8%)

13 month summary look for New Year sentiment to sustain or push confidence

higher in January – February/March will be more telling indicators of consumers’ moods and willingness to spend

46.9

%

20.0

%

37.9

%

47.2

%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Page 5: Consumer Snapshot December 2014

© 2014, Prosper® www.ProsperDiscovery.com

strategy practicality & focus on needs {adults 18+}

practical purchases with sentiment picking up this month, practicality tapers off, with 40.1% citing pragmatic purchase

intentions, down a point from November

Source: Prosper Insights & Analytics

practicality is down 15%+ from a year ago

all I WANT for Christmas… focus on necessities dips three points from November to 44.5% this month, also dropping 15%+ from Dec-13

improving confidence, a better outlook for jobs, decreasing gas prices, and lack of government

interference (i.e. shutdown, Fiscal Clif f, debt crisis) point to a happy holiday season for retailers

47.9%

40.1%

52.5%

44.5%

30%

35%

40%

45%

50%

55%

I have become more practical and realistic in my purchases

I focus more on what I NEED rather than what I WANThowever, consumers remain focused on financials –

keeping debt under control, padding piggy banks, watching for sales

Page 6: Consumer Snapshot December 2014

© 2014, Prosper® www.ProsperDiscovery.com

holiday 2014 coupons: top media influencer on holiday shopping {by generation}

www.ProsperDiscovery.com

Source: Monthly Consumer Survey

top media influencers for holiday 2014 overall: coupons, followed by TV/broadcast, email advertising,

word of mouth, direct mail, and advertising inserts

Millennials (1983 – 1996), Gen X (1965 – 1982), Boomers (1946 – 1964), Silent (born pre-1946)

38.4%

37.2%

38.9%

38.8%

37.2%

36% 37% 38% 39% 40%

Adults 18+

Millennials

Gen X

Boomers

Silent

Page 7: Consumer Snapshot December 2014

© 2014, Prosper® www.ProsperDiscovery.com

clipping coupons cut coupons out of advertising inserts {by generation}

www.ProsperDiscovery.com

Source: Media Behaviors & Influence™ Survey

clipping coupons the “old fashioned way” Millennials are more than 30% less likely to clip coupons out

of advertising inserts than Boomer and Silent generations

Millennials (1983 – 1996), Gen X (1965 – 1982), Boomers (1946 – 1964), Silent (born pre-1946)

69.0%

49.8%

68.0%

79.7%

80.1%

0% 20% 40% 60% 80% 100%

Adults 18+

Millennials

Gen X

Boomers

Silent

top media influences for holiday 2014 overall: coupons, followed by TV/broadcast, email advertising,

word of mouth, direct mail, and advertising inserts

Page 8: Consumer Snapshot December 2014

© 2014, Prosper® www.ProsperDiscovery.com

clipping coupons scan coupons on mobile device at checkout {by generation}

www.ProsperDiscovery.com

Source: Media Behaviors & Influence™ Survey

digital savings while clipping coupon is the most popular method for

redemption, digital savings will likely grow in popularity in years to come

Millennials (1983 – 1996), Gen X (1965 – 1982), Boomers (1946 – 1964), Silent (born pre-1946)

17.9%

24.3%

24.8%

12.2%

2.6%

0% 5% 10% 15% 20% 25% 30%

Adults 18+

Millennials

Gen X

Boomers

Silentmore tech-savvy Millennials and Gen X-ers are twice as likely to scan coupons from a mobile device compared to

Boomers

clipping coupons the “old fashioned way” Millennials are about 30%+ less likely to clip coupons out of

advertising inserts than Boomer and Silent generations

top media influences for holiday 2014 overall: coupons, followed by TV/broadcast, email advertising,

word of mouth, direct mail, and advertising inserts

Page 9: Consumer Snapshot December 2014

© 2014, Prosper® www.ProsperDiscovery.com

thanks

visit ______________________to access: Consumer Snapshot InsightCenter™ PowerPoint Slides …and more

Pam Goodfellow Consumer Insights Director

Prosper Insights & Analytics™ [email protected] ProsperDiscovery.com

ConsumerSnapshot.com

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