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Buzz on
                           Holiday Spending


                           Study        12.0


Th e t we lf th wa ve o f a n e w a n n ua l r e p o r t p r o f ili n g th e se u p
                       a nd c o m i n g Mille n n ia ls.
Who was
                                        Involved?


                                                                                          9000
                                                This network is used as a resource for
                                            2   ethnographies, focus groups, personal
                             h ed   10.29.1                      interviews, immersion
                       Launc                          experiences, surveys, and polls.
611 members of our
                        1,237 atte mpts             Overall, this panel is composed of
                                                 trend influencers and represent all of
buzzSpotter®                                     the “tribes” we have identified, which
                                                     include: independents, preppies,
network                  F ie lded o
                                       nline                  techies and alternatives.   buzzSpotters®
participated in this      Closed 11.02.12




                                                               611
survey.

63% /37%
female male                                                                       Par tic ipa n ts
                                                                                                     buzzmg.com
location                                                Rest	
  of	
  the	
  USA	
  
                                                                                          AZ	
  
                                                                                          2%	
  
                                                                 14%	
  
                                                                                                    CA	
  
                                               TX	
                                                                       FL	
  
                                                                                                   11%	
  
                                               4%	
                                                                       4%	
  
                                      SC	
                                                                                       GA	
  
                                      2%	
                                                                                       4%	
  

                                    PA	
  
The majority of                     5%	
  
                                                                                                                             IL	
  
participants are                    OR	
                                                                                    9%	
  
                                    3%	
  
from these states.                                                                                                                IN	
  
                                     OH	
  
                                                                                                                                  2%	
  
                                     5%	
  
                                                                                                                             MD	
  
                                              NC	
                      NY	
                                                    2%	
  
                                              3%	
                                     NJ	
                              MA	
  
                                                                       13%	
  
STATS BY STATE AND PERCENTAGE >>>                                                      6%	
                       MI	
   4%	
  
                                                                                                           MN	
   3%	
  
                                                                                                    MO	
  
                                                                                                           2%	
  
                                                                                                    2%	
  
                                                                                                                             buzzmg.com
AGE

                     18-­‐22	
      22%	
  




The respondents      23-­‐26	
                31%	
  

ranged in age from
18 – 35 years old.                 21%	
  
                     27-­‐30	
  




                     31-­‐35	
          26%	
  


                                                        buzzmg.com
ethnicity                              Hispanic	
      American	
  Indian	
  
                                          8%	
                  1%	
  
            Asian	
  American	
                       Other	
  
                     3%	
                              1%	
  




                           Black	
  
                           18%	
  



                                                                   White	
  
                                                                   69%	
  




                                                                                buzzmg.com
Relationship
   Status       Divorced	
  
                   9%	
  
                               Single	
     DaUng	
  
                                13%	
        2%	
  
                                                     In	
  a	
  
                                                 relaUonship	
  
                                                      8%	
  




               Married	
  
                68%	
  



                                                                   buzzmg.com
Education

                                        Ph.D	
   None	
  of	
  the	
  
                                         1%	
      Above	
  
                                                    4%	
  



Masters	
  Degree	
                                                      High	
  school	
  
     12%	
                                                                diploma	
  
                                                                            26%	
  




                        Bachelors	
                                          Associates	
  
                         Degree	
                                             Degree	
  
                          36%	
                                                 21%	
  


                                                                                              buzzmg.com
employment



       54%	
  




                            15%	
  
                                               11%	
                8%	
             6%	
            4%	
                   2%	
  
Working	
  full-­‐   Working	
  part-­‐   Unemployed	
      Self-­‐employed	
     Other	
     A	
  student	
     A	
  student-­‐worker	
  
   Ume	
                Ume	
  
                                                                                                                                   buzzmg.com
Household
                                                                                                                   income

                                                                                              e twee n
                                                                          ille n nials fall b
                                                        45% o f our M                  use h o ld
                                                        th e na tio n al ave rage h o
                                                                             000 and $82,
                                                                                               000
                                                         in c o me o f $3
                                                                          3,




                                            45%	
  
                                                               33%	
  


                         13%	
                                                                           1%	
            2%	
  
       1%	
  
                                                                                    5%	
  

Less	
  than	
     $8,000	
  -­‐	
     $33,000-­‐	
     $82,000	
  -­‐	
     $170,000	
  -­‐	
   More	
  than	
   I	
  don't	
  want	
  
 $8,000	
          $33,000	
           $82,000	
        $170,000	
            $370,000	
   $370,000	
   to	
  specify	
            buzzmg.com
Who do you
                                          shop with?




    92%	
  



                       54%	
  
                                            44%	
  

                                                                 22%	
            21%	
  



Myself	
      My	
  Child(ren)	
     My	
  Friends	
     My	
  Parent(s)	
     Other	
      buzzmg.com
When will you
                                                                   begin Holiday
      39%	
  
                                                                    shopping?



                         18%	
  
                                        14%	
          13%	
  

                                                                       7%	
  
                                                                                    5%	
          4%	
  
                                                                                                                 1%	
  



November	
   I	
  shop	
  all	
     Black	
       October	
       2	
  Weeks	
   Before	
   Halloween	
      Last	
  
             year	
  long	
         Friday	
                       before	
      October	
                  minute	
  
            for	
  holiday	
                                     Christmas	
  
                  gias...	
                                                                                         buzzmg.com
How many
times will You
 go shopping?                                               Twice	
  
                                                 Once	
  
                                                             2%	
  
                                                  5%	
                  Three	
  Umes	
  
                                                                            8%	
  


                                                                                 Four	
  Umes	
  
                                                                                    6%	
  
                                                                                     Five	
  Umes	
  
                                                                                         3%	
  




             As	
  many	
  Umes	
  as	
  I	
  
                    need	
  to	
  
                      76%	
  



                                                                                                        buzzmg.com
How will the
                                                                                                                       economy
                                                                                                                     impact your
                                                                                                                      spending?

                                              I	
  will	
  look	
  for	
  more	
  sales	
                                                         72%	
  


                                                                                                                                        56%	
  
             I	
  will	
  do	
  more	
  comparaUve	
  shopping	
  online	
  


                                   I	
  will	
  do	
  more	
  online	
  shopping	
                                            47%	
  


                                                                                                                    32%	
  
I	
  will	
  spend	
  less	
  overall	
  and	
  I	
  will	
  use	
  more	
  coupons	
  


           I	
  will	
  buy	
  more	
  store	
  brand/generic	
  products	
                               17%	
  


                                                                                                        16%	
  
      I	
  will	
  not	
  be	
  impacted	
  by	
  the	
  economy	
  this	
  year	
  


                              I	
  will	
  try	
  to	
  reuse	
  last	
  year's	
  items	
     8%	
  

                                                                                                                                              buzzmg.com
How much do
                                                                                    you plan to
                                                                                    spend this
                                                                                      year?




                                                         22%	
  
                                 19%	
  
                                                                                                                                             15%	
  
                                                                                  14%	
                14%	
  
                                                                                                                           9%	
  
         8%	
  



$0	
  -­‐	
  $200	
     $200	
  -­‐	
  $400	
   $400	
  -­‐	
  $600	
   $600	
  -­‐	
  $800	
     $800	
  -­‐	
     $1,000	
  -­‐	
     More	
  than	
  
                                                                                                  $1,000	
           $1,200	
            $1,200	
  buzzmg.com
Do you plan to
                                                                           spend more or
                                                                           less than last
                                                                               year?

                                                more	
  than	
  last	
  
                                                    year	
  
less	
  than	
  last	
  year	
                      21%	
  
          26%	
  




                                   the	
  same	
  amount	
  as	
  
                                            last	
  year	
  
                                              53%	
  



                                                                                        buzzmg.com
How do you plan
                                 to pay for your
                                 purchases this
                                      year?

       Cash	
  
       23%	
  



                     Debit	
  Card	
  
                       44%	
  




Credit	
  Card	
  
   33%	
  




                                               buzzmg.com
Are you more
              likely to purchase
               something if part
              of the proceeds go
                  to charity?



 No	
  
39%	
  




          Yes	
  
          61%	
  




                              buzzmg.com
What type of
                                        charities do
                                       you prefer to
                                         donate to?
              Global	
  
               10%	
  




NaUonal	
  
 29%	
  

                           Local	
  
                           61%	
  




                                                   buzzmg.com
Which causes
                                                                                                      do you prefer
                                                                                                       to support?




              75%	
  

                                               54%	
  
                                                                               42%	
  
                                                                                                              32%	
  




Children	
  (	
  Make	
  A	
       Health	
  Related	
                 Women's	
  Issues	
      Green	
  (	
  NaUonal	
  
      Wish)	
                    (	
  Breast	
  Cancer	
  )	
     (	
  DomesUc	
  Violence	
   Wildlife	
  FederaUon	
  )	
     buzzmg.com
Are you using                                                                                   Did you use
coupons this                                                                                   coupons last
   year?                                                                 m ou n t o f              year?
                                                    in c rease in th e a              last
                                 Th e re is an 11%                  c o mpariso n to
                                                        oupo ns in
                                 Mille  n nials using c
                                  year.
             2012	
                                                                            2011	
  




   89%	
                                                                             78%	
  



                                                                                                            22%	
  
                          11%	
  


 Yes	
                  No	
                                                       Yes	
                  No	
  
                                                                                                                      buzzmg.com
Where will you
                                                                                                                                        purchase your
                                                                                                                                       items this year?
    88%	
  
                        82%	
  
                                              77%	
  



                                                                  55%	
  
                                                                                       48%	
  


                                                                                                            31%	
  
                                                                                                                              29%	
              28%	
  



                                                                                                                                                                 7%	
  


Online	
      Retail	
  LocaUons	
     Department	
     Discount	
  Stores	
     Electronics	
     Drug	
  Stores	
     Catalogs	
       Smart	
  Phones/   Other	
  
                                         Stores	
                                  Stores	
                                                 Tablets	
  
                                                                                                                                                                  buzzmg.com
How much do
                                                                                           you plan to
                                                                                            spend on
                                                                                          electronics?




   32%	
  



                     15%	
             14%	
  
                                                         12%	
  
                                                                             8%	
                                                                                         7%	
  
                                                                                                 4%	
              3%	
              2%	
              2%	
  

$100	
  -­‐	
     $200	
  -­‐	
     $300	
  -­‐	
     $400	
  -­‐	
     $500	
  -­‐	
       $600	
  -­‐	
     $700	
  -­‐	
     $800	
  -­‐	
     $900	
  -­‐	
     More	
  than	
  
 $200	
            $300	
            $400	
            $500	
            $600	
              $700	
            $800	
            $900	
           $1,000	
           $1,000	
  


                                                                                                                                                                           buzzmg.com
Which
                                                                electronics do
                                                                  you plan to
                                                                     buy?
                None	
  of	
  the	
  Above	
  
                         12%	
  

DVD	
  Player	
                                  Laptop	
  
   6%	
                                           18%	
  



            TV	
                                                Smart	
  Phone	
  
           10%	
                                                   13%	
  


              MP3	
  Player	
  
                11%	
  
                                                   Tablet	
  
                                                    20%	
  

                     E-­‐reader	
  
                         10%	
                                                       buzzmg.com
Will you use your
                                                                            technology
                                                                         purchase at home
                                                                           and at work?
   I	
  don't	
  plan	
  on	
  
        purchasing	
  
technology	
  this	
  year	
  
           14%	
  




                                            Yes,	
  at	
  both	
  work	
  
                                                and	
  home	
  	
  
                                                       42%	
  

                   Just	
  at	
  home	
  
                          43%	
  




                                                    Just	
  at	
  work	
  
                                                            1%	
  
                                                                                        buzzmg.com
If you plan to
                                                                        buy a laptop,
                                                                       which brand?
                            ASUS	
  
                             5%	
  
           Toshiba	
                               Apple	
  
             9%	
                                   22%	
  

Samsung	
  
  10%	
  


                                                  Dell	
  /	
  Alienware	
  
                                                              16%	
  
  HP	
  
 17%	
  


                                               Sony	
  
                                                9%	
  

 Acer	
  /	
  Gateway	
           Lenovo	
  
           8%	
                     4%	
                                            buzzmg.com
Where are you
                                                                   most likely to
                                                                     purchase
                                                                   electronics?
                  K-­‐mart	
  
                      4%	
  
                                 Other	
  
                                  6%	
  

                                                 Best	
  Buy	
  
                                                   26%	
  

     Amazon	
  
      20%	
  




       eBay	
                                             Target	
  
        6%	
                                               16%	
  


Radioshack	
                       Walmart	
  
    4%	
                            18%	
  
                                                                                buzzmg.com
What is most
                                           important when
                                             purchasing a
                                               laptop?
  FuncUonality	
  Value	
  
        9%	
  
                                        Brand	
  Name	
  	
  
                                            16%	
  
Reviews	
  
  10%	
  



                              Lowest	
  Price	
  
                                 16%	
  




      Quality	
  
       49%	
  

                                                                buzzmg.com
OUR MILLE NNIAL S ARE
    Key                            S TILL SP E NDING. 38% of
                                   our Millennials said they will
 Findings                          spend at least $800 this holiday
                                   season and 15% of them said
                                   they would spend more than
                                   $1,200. Only 8% will spend $200
                                   or less this year.

                                                                SHOP PING HAS
C HARITIES MAY                                                  E VOL VED Although 82% of
                                                                            .
INF L UE NCE SP E NDING                                         our Millennials will shop in
THIS YEAR. 61% of our                                           traditional retail locations, 88%
Millennials stated they would be                                of them will also be shopping
more likely to purchase                                         online. 89% admitted they will
something if part of the                                        be using coupons and 72% said
proceeds went to charity. Local                                 they will be looking for more
charities are the most popular                                  sales this year.
with our Millennials (61%).
                                                                                         buzzmg.com
Co n tac t Us!




                 Buzz Marketing Group
                 1515 Market St.
                 Suite 1810
                 Philadelphia, PA 19102
                 215.399.5679
                 www.buzzmg.com

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Millennials 12.0: Holiday Spending Study

  • 1. Buzz on Holiday Spending Study 12.0 Th e t we lf th wa ve o f a n e w a n n ua l r e p o r t p r o f ili n g th e se u p a nd c o m i n g Mille n n ia ls.
  • 2. Who was Involved? 9000 This network is used as a resource for 2 ethnographies, focus groups, personal h ed 10.29.1 interviews, immersion Launc experiences, surveys, and polls. 611 members of our 1,237 atte mpts Overall, this panel is composed of trend influencers and represent all of buzzSpotter® the “tribes” we have identified, which include: independents, preppies, network F ie lded o nline techies and alternatives. buzzSpotters® participated in this Closed 11.02.12 611 survey. 63% /37% female male Par tic ipa n ts buzzmg.com
  • 3. location Rest  of  the  USA   AZ   2%   14%   CA   TX   FL   11%   4%   4%   SC   GA   2%   4%   PA   The majority of 5%   IL   participants are OR   9%   3%   from these states. IN   OH   2%   5%   MD   NC   NY   2%   3%   NJ   MA   13%   STATS BY STATE AND PERCENTAGE >>> 6%   MI   4%   MN   3%   MO   2%   2%   buzzmg.com
  • 4. AGE 18-­‐22   22%   The respondents 23-­‐26   31%   ranged in age from 18 – 35 years old. 21%   27-­‐30   31-­‐35   26%   buzzmg.com
  • 5. ethnicity Hispanic   American  Indian   8%   1%   Asian  American   Other   3%   1%   Black   18%   White   69%   buzzmg.com
  • 6. Relationship Status Divorced   9%   Single   DaUng   13%   2%   In  a   relaUonship   8%   Married   68%   buzzmg.com
  • 7. Education Ph.D   None  of  the   1%   Above   4%   Masters  Degree   High  school   12%   diploma   26%   Bachelors   Associates   Degree   Degree   36%   21%   buzzmg.com
  • 8. employment 54%   15%   11%   8%   6%   4%   2%   Working  full-­‐ Working  part-­‐ Unemployed   Self-­‐employed   Other   A  student   A  student-­‐worker   Ume   Ume   buzzmg.com
  • 9. Household income e twee n ille n nials fall b 45% o f our M use h o ld th e na tio n al ave rage h o 000 and $82, 000 in c o me o f $3 3, 45%   33%   13%   1%   2%   1%   5%   Less  than   $8,000  -­‐   $33,000-­‐   $82,000  -­‐   $170,000  -­‐   More  than   I  don't  want   $8,000   $33,000   $82,000   $170,000   $370,000   $370,000   to  specify   buzzmg.com
  • 10. Who do you shop with? 92%   54%   44%   22%   21%   Myself   My  Child(ren)   My  Friends   My  Parent(s)   Other   buzzmg.com
  • 11. When will you begin Holiday 39%   shopping? 18%   14%   13%   7%   5%   4%   1%   November   I  shop  all   Black   October   2  Weeks   Before   Halloween   Last   year  long   Friday   before   October   minute   for  holiday   Christmas   gias...   buzzmg.com
  • 12. How many times will You go shopping? Twice   Once   2%   5%   Three  Umes   8%   Four  Umes   6%   Five  Umes   3%   As  many  Umes  as  I   need  to   76%   buzzmg.com
  • 13. How will the economy impact your spending? I  will  look  for  more  sales   72%   56%   I  will  do  more  comparaUve  shopping  online   I  will  do  more  online  shopping   47%   32%   I  will  spend  less  overall  and  I  will  use  more  coupons   I  will  buy  more  store  brand/generic  products   17%   16%   I  will  not  be  impacted  by  the  economy  this  year   I  will  try  to  reuse  last  year's  items   8%   buzzmg.com
  • 14. How much do you plan to spend this year? 22%   19%   15%   14%   14%   9%   8%   $0  -­‐  $200   $200  -­‐  $400   $400  -­‐  $600   $600  -­‐  $800   $800  -­‐   $1,000  -­‐   More  than   $1,000   $1,200   $1,200  buzzmg.com
  • 15. Do you plan to spend more or less than last year? more  than  last   year   less  than  last  year   21%   26%   the  same  amount  as   last  year   53%   buzzmg.com
  • 16. How do you plan to pay for your purchases this year? Cash   23%   Debit  Card   44%   Credit  Card   33%   buzzmg.com
  • 17. Are you more likely to purchase something if part of the proceeds go to charity? No   39%   Yes   61%   buzzmg.com
  • 18. What type of charities do you prefer to donate to? Global   10%   NaUonal   29%   Local   61%   buzzmg.com
  • 19. Which causes do you prefer to support? 75%   54%   42%   32%   Children  (  Make  A   Health  Related   Women's  Issues   Green  (  NaUonal   Wish)   (  Breast  Cancer  )   (  DomesUc  Violence   Wildlife  FederaUon  )   buzzmg.com
  • 20. Are you using Did you use coupons this coupons last year? m ou n t o f year? in c rease in th e a last Th e re is an 11% c o mpariso n to oupo ns in Mille n nials using c year. 2012   2011   89%   78%   22%   11%   Yes   No   Yes   No   buzzmg.com
  • 21. Where will you purchase your items this year? 88%   82%   77%   55%   48%   31%   29%   28%   7%   Online   Retail  LocaUons   Department   Discount  Stores   Electronics   Drug  Stores   Catalogs   Smart  Phones/ Other   Stores   Stores   Tablets   buzzmg.com
  • 22. How much do you plan to spend on electronics? 32%   15%   14%   12%   8%   7%   4%   3%   2%   2%   $100  -­‐   $200  -­‐   $300  -­‐   $400  -­‐   $500  -­‐   $600  -­‐   $700  -­‐   $800  -­‐   $900  -­‐   More  than   $200   $300   $400   $500   $600   $700   $800   $900   $1,000   $1,000   buzzmg.com
  • 23. Which electronics do you plan to buy? None  of  the  Above   12%   DVD  Player   Laptop   6%   18%   TV   Smart  Phone   10%   13%   MP3  Player   11%   Tablet   20%   E-­‐reader   10%   buzzmg.com
  • 24. Will you use your technology purchase at home and at work? I  don't  plan  on   purchasing   technology  this  year   14%   Yes,  at  both  work   and  home     42%   Just  at  home   43%   Just  at  work   1%   buzzmg.com
  • 25. If you plan to buy a laptop, which brand? ASUS   5%   Toshiba   Apple   9%   22%   Samsung   10%   Dell  /  Alienware   16%   HP   17%   Sony   9%   Acer  /  Gateway   Lenovo   8%   4%   buzzmg.com
  • 26. Where are you most likely to purchase electronics? K-­‐mart   4%   Other   6%   Best  Buy   26%   Amazon   20%   eBay   Target   6%   16%   Radioshack   Walmart   4%   18%   buzzmg.com
  • 27. What is most important when purchasing a laptop? FuncUonality  Value   9%   Brand  Name     16%   Reviews   10%   Lowest  Price   16%   Quality   49%   buzzmg.com
  • 28. OUR MILLE NNIAL S ARE Key S TILL SP E NDING. 38% of our Millennials said they will Findings spend at least $800 this holiday season and 15% of them said they would spend more than $1,200. Only 8% will spend $200 or less this year. SHOP PING HAS C HARITIES MAY E VOL VED Although 82% of . INF L UE NCE SP E NDING our Millennials will shop in THIS YEAR. 61% of our traditional retail locations, 88% Millennials stated they would be of them will also be shopping more likely to purchase online. 89% admitted they will something if part of the be using coupons and 72% said proceeds went to charity. Local they will be looking for more charities are the most popular sales this year. with our Millennials (61%). buzzmg.com
  • 29. Co n tac t Us! Buzz Marketing Group 1515 Market St. Suite 1810 Philadelphia, PA 19102 215.399.5679 www.buzzmg.com