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Consumer Behavior 2010

Published by: Richard K. Miller & Associates

Published: Nov. 1, 2009 - 189 Pages


Table of Contents


PART I: OVERVIEW

1 CONSUMER PROFILE

1.1 Population Distribution

1.2 Generational Demographics

1.3 Ethnic Shifts

1.4 Personal Income

1.5 Consumer Contribution to the GDP

1.6 Spending Assessment

2 IMPACT OF THE RECESSION

2.1 Post-Recession Trends

2.2 Post-Recession Consumer Behavior

3 WHAT’S HOT

3.1 From Trendy to Mainstream

3.2 Emerging Consumer Trends

3.3 Still Hot

4 USE OF TIME

4.1 Americans’ Use of Time

4.2 Activities

5 CONSUMER CONFIDENCE

5.1 Overview

5.2 Consumer Confidence Index

5.3 Consumer Comfort Index

5.4 Consumer Sentiment Index

5.5 Gallup Polls

5.6 LJS National Poll

5.7 RBC CASH Index

5.8 TIPP Indices

PART II: THE POST-RECESSION CONSUMER

6 THE NEW AMERICAN DREAM

6.1 Reassessing The American Dream

6.2 Deleveraging

6.3 Saving

6.4 Reassessing Home Ownership

6.5 The Post-Recession Generation

7 THE ERA OF FRUGALITY

7.1 Characteristics Of The Frugal Consumer

7.2 Bargain Shopping

7.3 Credit Squeezes Hamper Consumption

7.4 Pent-Up Demand

PART III: CONSUMER SPENDING

8 RETAIL

8.1 Retail Industry Overview

8.2 Retail Trends

8.3 Changing Shopping Patterns

8.4 Toll On Retailers

8.5 Market Resources

9 TRAVEL & TOURISM

9.1 Travel Industry Overview

9.2 Travel Trends

9.3 Market Resources

10 HEALTH & WELLNESS

10.1 Healthcare Industry Market Overview

10.2 Healthcare Market Trends

10.3 Market Resources

11 GROCERY, RESTAURANTS & DINING

11.1 Restaurant and Grocery Industry Overview

11.2 Food Sector Trends

11.3 Market Resources

12 CASINOS, GAMING & WAGERING

12.1 Casinos, Gaming & Wagering Overview

12.2 Casino and Gaming Trends

12.3 Market Resource

PART IV: CONSUMER USE OF THE INTERNET & MOBILE WEB

13 CONSUMERS ONLINE

13.1 Overview

13.2 Why People Go Online

13.3 Online Shopping

14 SOCIAL NETWORKING

14.1 Overview

14.2 Blogs

14.3 User-Generated Content

15 MOBILE COMMUNICATIONS

15.1 Overview

15.2 Mobile Internet Categories

15.3 Mobile Purchasing

15.4 Profile of Mobile Internet Users

PART V: CONSUMER BEHAVIORAL ANALYSES

16 WHY PEOPLE BUY

16.1 Overview

16.2 Hidden Forces That Shape Decisions

16.3 Brand Recognition

16.4 Shopping and the Brain

16.5 Compulsive Buyers

16.6 Impulsive Buying

17 BUYING INFLUENCES

17.1 Influence of Media and Advertising

17.2 Influence of Online Advertising

17.3 Online Consumer Reviews

17.4 Word-of-Mouth

17.5 Trusted Sources of Information

17.6 Trustworthiness of Retailers

18 SHOPPING PREFERENCES

18.1 Checkout

18.2 Choice

18.3 Convenience

18.4 Customer Service

18.5 Deciding Where To Shop

18.6 In-store Decision Making

18.7 Loyalty

18.8 Multi-channel and Cross-channel Shopping

18.9 Returns

18.10 Self-service

18.11 Value vs. Price

19 GREEN AND ETHICAL CONSUMERISM

19.1 Conscious Consumers

19.2 Eco-Conscious Consumer Behavior

19.3 Influence on Purchasing Behavior

19.4 Impact of the Economic Downturn

PART VI: DEMOGRAPHICS

20 AFFLUENT CONSUMERS

20.1 Profile

20.2 Population Centers of U.S. Affluence

20.3 Impact of the Economy on Affluent Spending

20.4 Preferences Among Affluent Consumers

20.5 Internet Usage Among Affluent Consumers

21 SENIOR CONSUMERS

21.1 Profile

21.2 Spending Power

21.3 General Characteristics

22 BABY BOOMER CONSUMERS

22.1 Profile

22.2 Spending Power

23 GENERATION X CONSUMERS

23.1 Profile

23.2 Generational Characteristics

23.3 Spending Behaviors

23.4 Financial Security

24 MILLENNIAL CONSUMERS

24.1 Profile

24.2 Generational Characteristics

24.3 Spending Behaviors

24.4 College Students

25 GENERATION GREEN CONSUMERS

25.1 Profile

25.2 Census 2010

25.3 Forecast 2020

26 FEMALE CONSUMERS

26.1 Profile

26.1.1 Affluent Working Women

26.2 Gender Characteristics

26.3 Consumer Characteristics

26.4 Internet Use Among Females

27 MALE CONSUMERS

27.1 Profile

27.2 Gender Characteristics

27.3 Gender Roles Are Blurring

27.4 Shopping Characteristics

27.5 Internet Usage Among Males

28 GAY & LESBIAN CONSUMERS

28.1 Profile

28.2 Buying Power

28.3 Population Centers

28.4 Activities

28.5 Internet Usage

28.6 Coming Out

29 FAMILIES WITH CHILDREN

29.1 Profile

29.2 Cost of Raising Children

29.3 Parenting

29.4 Decision Making at Home

29.5 Shopping Characteristics

29.6 Intergenerational Households

30 SINGLES CONSUMERS

30.1 Profile

30.2 Growth of Singles Demographics

30.3 Best Cities for Singles

31 FAMILY CAREGIVERS

31.1 Profile

31.2 Caregiver Consumers

31.3 Support for Caregivers

32 RETIREES

32.1 Profile

32.2 Retiree Consumers

32.3 Financial Security

32.4 Trends in Retirement and Semi-retirement

33 AFRICAN-AMERICAN CONSUMERS

33.1 Profile

33.2 Buying Power

33.3 Population Centers

33.4 Internet Usage Among African-Americans

34 ASIAN-AMERICAN CONSUMERS

34.1 Profile

34.2 Buying Power

34.3 Population Centers

35 HISPANIC-AMERICAN CONSUMERS

35.1 Profile

35.2 Buying Power

35.3 Population Centers

35.4 Internet Usage Among Hispanics

36 JEWISH-AMERICAN CONSUMERS

36.1 Profile

36.2 Population Centers

37 MUSLIM-AMERICAN CONSUMERS

37.1 Muslim-Americans

37.2 Buying Power

37.3 Population Centers

37.4 Marketing to Muslim-Americans

38 NATIVE-AMERICAN CONSUMERS

38.1 Profile

38.2 Buying Power

38.3 Population Centers

38.4 Marketing to Native-American Consumers

39 IMMIGRANT CONSUMERS

39.1 Profile

39.2 Immigrant Buying Power

39.3 Assimilation

39.4 Immigrant Travel

39.5 Future Growth

40 CONSUMERS WITH DISABILITIES

40.1 Profile

40.2 Market Assessment

40.3 Marketing to People With Disabilities

MARKET RESOURCES

Abstract

The post-recession consumer is a central theme in the 2010 edition of this annual market research publication. Consumer Behavior 2010 assesses shifts in consumer spending, identifies specific market opportunities brought on by changing consumer behaviors, and discusses how consumers will likely respond as economic growth resumes in the U.S.

The handbook provides other valuable consumer insight, including the following:
  • Quantification of influences and sources consumers trust related to their purchasing decisions
  • Assessments of how eco-consciousness and ethical behaviors of companies influence consumer shopping behaviors
  • Summaries of current research at several universities providing insight into why people buy and how to influence their buying decisions
  • Discussions of consumer lifestyles and related spending
  • Identification of specific products currently experiencing growth in the consumer marketplace
  • How consumer spending is spurred by life events, gift giving, home ownership, pets, leisure activities, and other factors
Consumer spending accounts for 71% of the U.S. gross domestic product, or over $10 trillion. Consumer Behavior 2010 assesses how this spending is distributed and the consumer behaviors that affect spending.

Consumer Behavior 2010 presents dozens of surveys analyzing consumer spending characteristics, behavioral responses, and preferences. It presents easy-to-read summaries of current research and other information useful for retailers, marketers, advertisers, and business consultants. The handbook also presents valuable insight on various demographics, including the Hispanic, African-American, Asian-American, Baby Boomer, Generation X, Millennial, Gay & Lesbian, and Affluent consumer groups.

This is the only market research report of its kind available from any source. While there are other publications focusing on general consumer behavioral topics, this is the only one that integrates the full spectrum of applied consumer psychology, demographics, and purchasing influences with major consumer surveys.

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