Consumer Behavior 2024

Consumer Behavior 2024


Consumer spending accounts for 70% of the U.S. gross domestic product, or over $16 trillion. Consumer Behavior 2024 assesses how this spending is distributed and the consumer behaviors that affect spending.

Consumer Behavior 2024 presents dozens of surveys analyzing consumer spending characteristics, behavioral responses, and preferences. Easy-to-read summaries of current research and other information useful for retailers, marketers, advertisers, and business consultants are presented. W hile there are other publications focusing on general consumer behavioral topics, Consumer Behavior 2024 is the only resource that integrates the full spectrum of applied consumer psychology, demographics, and purchasing influences with major consumer surveys. Over 850 embedded website links will direct you to raw data, additional market research, and other resources.


PART I: THE AMERICAN CONSUMER
1 DEMOGRAPHICS
1.1 Population Distribution
1.2 Population By State
1.3 Median Age
1.4 Births
1.5 Population Growth
1.6 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 Median Home Price
4.5 Home Improvement
4.6 Vacation Homes
4.7 Market Resources
5 COMMUNITIES
5.1 Metropolitan and Micropolitan Statistical Areas
5.2 Urban And Rural Populations
5.3 Important Community Attributes
5.4 Satisfaction With Communities
5.5 Generational Preferences
5.6 Market Resources
6 POPULATION MIGRATION
6.1 Household Relocation
6.2 Reasons For Moving
6.3 Net Migration By State
6.4 Net Migration By City
6.5 Mobility Among Young Adults
6.6 Moving In Retirement
6.7 Relocation Assessments
6.8 Fastest-Growing States
6.9 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 Dining Trends Of Young Adults
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 How Consumers Obtain The News
9.6 Media Use Among Children
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
12.11 Generation Alpha
13 GENDER FOCUS
13.1 Demographics
13.2 Mothers
13.3 Fathers
13.4 Labor Force Distribution
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 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
21.5 Market Resources
22 COUPON USE
22.1 Use Of Coupons
22.2 Redemption
22.3 Influence Of Coupons On Shopping
23 CUSTOMER SATISFACTION
23.1 Overview
23.2 Factors Contributing To High Customer Satisfaction
23.3 Market Resources
24 DISCRETIONARY SPENDING
24.1 Spending Priorities
24.2 Necessities and Luxuries
25 EXPERIENCES
25.1 The Experience Economy
25.2 Market Assessment
25.3 Trends
25.4 Experiential Gifting
25.5 Influence Of Social Media
26 GIFT CARDS
26.1 Market Assessment
26.2 Use Of Gift Cards
26.3 Redemption
26.4 Shopping With Gift Cards
26.5 Market Resources
27 GIFT GIVING
27.1 Overview
27.2 Market Assessment
27.3 Graduation Gift Giving
27.4 Wedding Gift Giving
27.5 Charitable Gift Giving
27.6 Self-Gifting
27.7 Returning Gifts and Re-Gifting
28 HEALTH & WELLNESS INFLUENCE
28.1 Overview
28.2 Healthful Eating
28.3 Purchasing Priorities
29 HOLIDAY SHOPPING
29.1 Overview
29.2 Market Assessment
29.3 Holiday Season E-Commerce
29.4 When People Shop
30 IN-STORE SHOPPING
30.1 Overview
30.2 The In-Store Experience
30.3 Product Selection
30.4 Checkout
31 INFLATION IMPACT
31.1 Overview
31.2 Discretionary Spending Cutbacks
32 LOYALTY PROGRAM PARTICIPATION
32.1 Participation
32.2 Member Demographics
32.3 Customer Expectations
32.4 Member Satisfaction
32.5 Loyalty Program Influence
32.6 Pay For Perks
33 METAVERSE ENGAGEMENT
33.1 Overview
33.2 Virtual And Augmented Reality
33.3 Cryptocurrencies
33.4 Virtual Worlds
34 ONLINE SHOPPING
34.1 Overview
34.2 Why People Shop Online
34.3 Purchasing Luxury Goods Online
34.4 Devices Used For Online Shopping
34.5 Online Purchasing Decisions
34.6 Characteristics Of Online Shopping
34.7 Selecting An Online Retailer
34.8 Fulfillment Preferences
34.9 Expectations Online
34.10 Returns
35 PAYMENT PREFERENCES
35.1 Comparison Of Payment Methods
35.2 Credit and Debit Cards
35.3 How Americans Pay Their Bills
35.4 Cash Payments
35.5 Online Retail Payments
35.6 Proximity Mobile Payments
35.7 Buy Now, Pay Later
35.8 Peer-to-Peer Payment Apps
35.9 Market Resources
36 POST-PANDEMIC CONSUMER BEHAVIOR
36.1 The New Normal
36.2 Shifts In Consumer Behavior
36.3 Market Resources
37 PRIVACY CONCERNS
37.1 Overview
37.2 Attitudes About Privacy
37.3 Online Privacy
37.4 Violations Of Online Privacy
37.5 Actions Taken To Protect Privacy
37.6 Willingness To Share Personal Information
37.7 Privacy On Social Media Platforms
37.8 Use Of Facial Recognition Technology
38 PURCHASE INFLUENCES & DECISION-MAKING
38.1 Top Priorities
38.2 Deciding Where To Shop
38.3 Trust in Shopping Recommendations
38.4 Price & Value
38.5 Influence Of Social Media
38.6 Influencers
38.7 Influence Of Brand Attributes
38.8 Trust In Brands
38.9 Reasons Consumers Switch Brands
38.10 Impulse Buying
39 RESPONSE TO ADVERTISING
39.1 Trust In Advertising
39.2 Preferred Media For Ads
39.3 Response To Digital Ads
39.4 Positive Response To Ads
39.5 Negative Response To Ads
39.6 Annoying Ads
39.7 Response to Irrelevant Ads
39.8 Ignoring Ads
40 RESPONSE TO CUSTOMER SERVICE
40.1 Overview
40.2 Perspectives On Customer Service
40.3 Customer Service Channels
40.4 Consumer Opinions Of Customer Service
40.5 Impact By Segment
41 RESPONSE TO REVIEWS
41.1 Reading and Using Online Reviews
41.2 Time Spent Using Reviews
41.3 Posting Reviews
42 RETAIL MEMBERSHIP PROGRAM PARTICIPATION
42.1 Participation
42.2 Benefits
43 RETAIL SUBSCRIPTION PROGRAM PARTICIPATION
43.1 Participation
43.2 Subscription Spending
43.3 The Subscription Customer
43.4 Most Popular Subscription Services
43.5 Apparel Subscription Services
44 SECOND-HAND GOODS
44.1 Overview
44.2 Online Resale
44.3 Second-Hand Clothing
44.4 Market Resources
45 SHOPPING CHANNEL PREFERENCES
45.1 Shopping In-Store Vs. Online
45.2 Omnichannel Retail
45.3 Cross-Channel Shopping
45.4 Buy Online, Pick Up In-Store
45.5 Shopping For Apparel and Footwear
46 SHOPPING RESEARCH
46.1 Sources For Product Research
46.2 Comparison Shopping Websites
46.3 Search When Shopping Online
46.4 Research Via Mobile Devices
46.5 Social Media
47 SOCIAL MEDIA INFLUENCE
47.1 Why People Purchase On Social Media
47.2 Brand Promotions
47.3 Brand Transparency On Social Media
47.4 Social-Led Marketing Campaigns
48 SOCIALLY RESPONSIBLE CONSUMERISM
48.1 Overview
48.2 Socially Responsible Behaviors
48.3 Brand Purpose
48.4 Social Issues
48.5 Consumer Views On Corporate Social Responsibility
49 SUSTAINABILITY INFLUENCE
49.1 Importance Of Sustainability When Shopping
49.2 Environmental Concerns
49.3 Decision-Making About Brands
49.4 Lifestyle Brand Consumers
49.5 Shopper Satisfaction With Sustainability By Brands
50 TRUST IN BUSINESS & MEDIA
50.1 Trust In Institutions And Industries
50.2 Trust For News And Information
50.3 Trust Baromter
PART IV: BRAND PREFERENCE SURVEYS
51 CUSTOMER LOYALTY ENGAGEMENT
51.1 Overview
51.2 Customer Loyalty Engagement Rankings
51.3 Market Resources
52 CUSTOMER SATISFACTION
52.1 Overview
52.2 ACSI Scores
52.3 Market Resources
53 LOYALTY PROGRAM SATISFACTION
53.1 Overview
53.2 Top Programs In Member Satisfaction
53.3 Market Resources
54 MOST TRUSTED BRANDS
54.1 Overview
54.2 Most Trusted Brands
54.3 Market Resources
55 PERSONALIZATION
55.1 Overview
55.2 Retail Personalization Index
55.3 Market Resources
56 REPUTATION RANKING
56.1 Overview
56.2 Rankings
56.3 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 - PANDEMIC MARKET RESEARCH
APPENDIX H - PERIODICALS
APPENDIX I - RESEARCH STUDIES & SURVEYS
REFERENCES

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