Consumer Behavior 2023

Consumer Behavior 2023

Consumer spending accounts for 70% of the U.S. gross domestic product, or over$16 trillion. Consumer Behavior 2023 assesses how this spending is distributed andthe consumer behaviors that affect spending.

Consumer Behavior 2023 presents dozens of surveys analyzing consumer spendingcharacteristics, behavioral responses, and preferences. Easy-to-read summaries ofcurrent research and other information useful for retailers, marketers, advertisers, andbusiness consultants are presented. W hile there are other publications focusing ongeneral consumer behavioral topics, Consumer Behavior 2023 is the only resource thatintegrates the full spectrum of applied consumer psychology, demographics, andpurchasing influences with major consumer surveys. Over 850 embedded website linkswill direct you to raw data, additional market research, and other resources.


PART I: THE AMERICAN CONSUMER
1 DEMOGRAPHICS
1.1 Population Distribution
1.2 Median Age
1.3 Births
1.4 Population Growth
1.5 Generational Demographics
1.7 Race/Ethnicity Distribution
1.8 Education, Family Status, And Nativity
1.9 Market Resources
2 CONSUMER SPENDING
2.1 Consumer Contribution to the GDP
2.2 Household Spending
2.3 Spending Assessment
2.4 Retail Spending
2.5 Market Resources
3 PERSONAL FINANCES
3.1 Personal Financial Situation
3.2 Economic Well-Being
3.3 Financial Insecurity
3.4 Financial Challenges
3.5 Household Income
3.6 Income By State
3.7 Household Wealth/Net Worth
3.8 Assets
3.9 Personal Savings
3.10 Consumer Debt
3.11 Market Resources
4 HOUSEHOLDS & HOUSING
4.1 Households
4.2 Multigenerational Households
4.3 Home Ownership
4.4 Home Values
4.5 Home Improvement
4.6 Vacation Homes
4.7 Market Resources
5 COMMUNITIES
5.1 Overview
5.2 Urban And Rural Populations
5.3 Most Desirable Places To Live
5.4 Satisfaction With Communities
5.5 Generational Preferences
5.6 Important Community Attributes
5.7 Market Resources
6 POPULATION MIGRATION
6.1 Household Relocation
6.2 Migration Trends
6.3 Mobility Among Young Adults
6.4 Rural-Urban Continuum
6.5 Moving In Retirement
6.6 Relocation Assessments
6.7 Fastest-Growing States
6.8 Market Resources
7 EDUCATION
7.1 Enrollment
7.2 Homeschooling
7.3 Educational Attainment
7.4 Earnings Based On Education
7.5 Net Worth Of College Graduates
7.6 Market Resources
8 HOW AMERICANS EAT
8.1 The U.S. Food Dollar
8.2 Distribution Of Daily Food Consumption
8.3 Compliance With Dietary Guidelines
8.4 Healthful Eating
8.5 Snacking
8.6 Market Resources
9 USE OF MEDIA & THE INTERNET
9.1 Time Spent Using Media
9.2 Use Of The Internet
9.3 Use Of Mobile Devices
9.4 Online Activities
9.5 Media Use Among Children
9.6 Market Resources
10 USE OF TIME
10.1 Overview
10.2 Americans’ Use of Time
10.3 Activities By Gender
10.4 Household Activities
10.5 Leisure Activities
10.6 Market Resources
11 USE OF TRANSPORTATION
11.1 Overview
11.2 Transportation Spending
11.3 Travel To Work
11.4 Personal Travel
11.5 Driving
11.6 Vehicle Ownership
11.7 Market Resources
PART II: CONSUMER PROFILES
12 GENERATIONAL FOCUS
12.1 Demographics
12.2 Household Wealth
12.3 Generational Characteristics
12.4 Shopper Profiles
12.5 Age 50-Plus Consumers
12.6 Seniors
12.7 Baby Boomers
12.8 Generation X
12.9 Millennials
12.10 Generation Z
13 GENDER FOCUS
13.1 Demographics
13.2 Mothers
13.3 Fathers
13.4 Working Women
13.5 Gender Pay Gap
13.6 Blurring Gender Roles
13.7 Purchase Decision-Making
13.8 Gender And Education
14 ETHNIC FOCUS
14.1 Overview
14.2 African-American Consumers
14.3 Arab-American Consumers
14.4 Asian-American Consumers
14.5 Hispanic- And Latino-Americans
14.6 Jewish-American Consumers
14.7 Muslim-American Consumers
14.8 Native-American Consumers
14.9 Multiracial Consumers
14.10 Market Resources
15 SEGMENTATION
15.1 College Students
15.2 Consumers With Disabilities
15.3 Family Caregivers
15.4 Households With Children
15.5 Immigrant Consumers
15.6 LGBT Consumers
15.7 Married Couples and Cohabitation
15.8 Military Consumers
15.9 Pet Owners
15.10 Retirees
15.11 Single Consumers
PART III: SHOPPING BEHAVIORS
16 BACK-TO-SCHOOL SHOPPING
16.1 Back-to-School Spending
16.2 What People Buy
16.3 Where People Shop
16.4 When People Shop
16.5 Online Spending
16.6 Market Resources
17 BRAND COMMUNICATIONS
17.1 Overview
17.2 Preferred Communications By Sector
17.3 Promotions
17.4 Customer Service
17.5 Email Communications
17.6 Text Message Communications
17.7 Social Media Communications
18 BRAND LOYALTY
18.1 How Consumers Demonstrate Loyalty
18.2 How Brands Earn Loyalty
18.3 Brand Loyalty By Generation
18.4 Brand Preferences
19 BUSINESS SECTOR PERCEPTION
19.1 Consumer Impressions Of Sectors
20 BUYING AMERICAN-MADE
20.1 Preference For U.S.-Made Products
20.2 Buying American By Product Type
20.3 Market Resources
21 BUYING LOCAL
21.1 Impact On Local Economies
21.2 Patronizing Local Businesses
21.3 Patronizing Small Businesses
21.4 Shop Small
22 CUSTOMER SATISFACTION
22.1 Overview
22.2 Factors Contributing To High Customer Satisfaction
22.3 Market Resources
23 DISCRETIONARY SPENDING
23.1 Spending Priorities
23.2 Necessities and Luxuries
24 GIFT CARDS
24.1 Market Assessment
24.2 Use Of Gift Cards
24.3 Shopping With Gift Cards
24.4 Market Resources
25 GIFT GIVING
25.1 Overview
25.2 Market Assessment
25.3 Graduation Gift Giving
25.4 Wedding Gift Giving
25.5 Charitable Gift Giving
25.6 Returning Gifts and Re-Gifting
26 HOLIDAY SHOPPING
26.1 Overview
26.2 Consumer Spending
26.3 Shopping Online
26.4 When People Shop
27 INFLATION IMPACT
27.1 Overview
27.2 Discretionary Spending Cutbacks
28 INFLUENCE OF SOCIAL MEDIA
28.1 Brand Promotions
28.2 Brand Transparency On Social Media
28.3 Social-Led Marketing Campaigns
29 LOYALTY PROGRAM PARTICIPATION
29.1 Participation
29.2 Member Demographics
29.3 Customer Expectations
29.4 Member Satisfaction
30 ONLINE SHOPPING
30.1 Why People Shop Online
30.2 Devices Used For Online Shopping
30.3 Online Purchasing Decisions
30.4 Characteristics Of Online Shopping
30.5 Selecting An Online Retailer
30.6 Fulfillment Preferences
30.7 Returns
31 PANDEMIC & POST-PANDEMIC
31.1 Pandemic Market Research
31.2 The New Normal
31.3 Shifts In Consumer Behavior
31.4 Market Resources
32 PAYMENT PREFERENCES
32.1 Comparison Of Payment Methods
32.2 Credit and Debit Cards
32.3 How Americans Pay Their Bills
32.4 Cash Payments
32.5 Online Retail Payments
32.6 Proximity Mobile Payments
32.7 Buy Now, Pay Later
32.8 Market Resources
33 PRICING
33.1 Overview
33.2 Dynamic Pricing
33.3 In-Store Vs. Online Pricing
33.4 Price-Matching
33.5 Personalized Pricing
33.6 Market Resources
34 PRIVACY CONCERNS
34.1 Overview
34.2 Attitudes About Privacy
34.3 Online Privacy
34.4 Violations Of Online Privacy
34.5 Actions Taken To Protect Privacy
34.6 Willingness To Share Personal Information
34.7 Use Of Facial Recognition Technology
35 PURCHASE DECISION-MAKING
35.1 Top Priorities
35.2 Deciding Where To Shop
35.3 Trust in Shopping Recommendations
35.4 Influence Of Social Media
35.5 Influence Of Brand Attributes
35.6 Deals and Bargains
35.7 Use Of Coupons
35.8 Impulse Buying
36 RESPONSE TO ADVERTISING
36.1 Trust In Advertising
36.2 Preferred Media For Ads
36.3 Positive Response To Ads
36.4 Negative Response To Ads
36.5 Annoying Ads
36.6 Response to Irrelevant Ads
36.7 Ignoring Ads
37 RESPONSE TO CUSTOMER SERVICE
37.1 Overview
37.2 Perspectives On Customer Service
37.3 Customer Service Channels
37.4 Consumer Opinions Of Customer Service
36.5 Impact By Segment
38 RESPONSE TO REVIEWS
38.1 Reading and Using Online Reviews
38.2 Time Spent Using Reviews
38.3 Posting Reviews
39 RETAIL MEMBERSHIP PROGRAM PARTICIPATION
39.1 Participation
39.2 Benefits
40 RETAIL SUBSCRIPTION PROGRAM PARTICIPATION
40.1 Participation
40.2 Subscription Spending
40.3 The Subscription Customer
41 SHOPPING CHANNEL PREFERENCES
41.1 Shopping In-Store Vs. Online
41.2 In-Store Expectations
41.3 Expectations Online
41.4 Omnichannel Retail
41.5 Cross-Channel Shopping
41.6 Buy Online, Pick Up In-Store
41.7 Shopping For Apparel and Footwear
42 SHOPPING RESEARCH
42.1 Sources For Product Research
42.2 Comparison Shopping Websites
42.3 Research Via Mobile Devices
42.4 Social Media
43 SOCIALLY RESPONSIBLE CONSUMERISM
43.1 Overview
43.2 Brand Purpose
43.3 Social Issues
43.4 Consumer Views And Actions
44 SPENDING FOR EXPERIENCES
44.1 The Experience Economy
44.2 Market Assessment
44.3 Trends
44.4 Experiential Gifting
44.5 Influence Of Social Media
45 SUSTAINABILITY INFLUENCE
45.1 Importance Of Sustainability When Shopping
45.2 Decision-Making About Brands
45.3 Lifestyle Brand Consumers
45.4 Spurring Brands To Action
PART IV: BRAND PREFERENCE SURVEYS
46 BRAND EQUITY
46.1 Overview
46.2 Top Brands Among Adults
46.3 Market Resources
47 CUSTOMER LOYALTY ENGAGEMENT
47.1 Overview
47.2 Customer Loyalty Engagement Rankings
47.3 Market Resources
48 CUSTOMER SATISFACTION
48.1 Overview
48.2 ACSI Scores
48.3 Market Resources
49 LOYALTY PROGRAM SATISFACTION
49.1 Overview
49.2 Top Programs In Member Satisfaction
49.3 Market Resources
50 MOST TRUSTED BRANDS
50.1 Overview
50.2 Most Trusted Brands
50.3 Market Resources
51 PERSONALIZATION
51.1 Overview
51.2 Retail Personalization Index
51.3 Market Resources
52 REPUTATION RANKING
52.1 Overview
52.2 Rankings
52.3 Market Resources
APPENDIX A - ACADEMIC RESEARCH CENTERS
APPENDIX B - ANALYSTS
APPENDIX C - ASSOCIATIONS
APPENDIX D - BLOGS
APPENDIX E - GOVERNMENT AGENCIES
APPENDIX F - MARKET RESEARCH SOURCES
APPENDIX G - PERIODICALS
APPENDIX H - RESEARCH STUDIES & SURVEYS
REFERENCES

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