Consumer Demographics 2005 - Youth Consumers

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Consumer Demographics 2005 - Youth Consumers

Verdict Research Ltd
May 1, 2005
79 Pages - Pub ID: VERA1187078

Abstract

Table of
Contents

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15-24 year olds generally have more time to shop than their older counterparts as many of them are students, or do not have the responsibilities of looking after a household or children. This means that often young customers shop around more and are consequently less loyal than older customers. Young shoppers are more likely to view shopping as a social event, and will spend more time browsing shops looking for items that appeal most. The spending habits of 15-24 year olds differ greatly from the population as a whole. Youth consumers spend proportionally far less on food & groceries than the general population with a greater emphasis placed on comparison shopping, particularly the clothing, footwear and music & video sub sectors.

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