The Teens Market in the U.S., a new Packaged Facts report, provides a comprehensive analysis of the consumer behavior of the 26 million 12- to 17-year-olds who comprise the teens market. With an aggregate income of $80 billion, teens represent an important consumer segment in their own right. Moreover, parents spend another $110 billion on teens in key consumer categories such as apparel, food, personal care items, and entertainment. Twenty-first-century teens are among the first Americans to grow up using computers and engaging with the Internet as part of their everyday routine. The report demonstrates how teens are on the cutting edge of the media revolution now underway in the American consumer economy and highlights what marketers can do to attract the attention of this important consumer segment both now and in the future. The report begins with an assessment of the size and growth of the teens market and a demographic profile of teen consumers. The next section of the report focuses on how teens spend their time, beginning with their involvement with computers and the Internet. The report continues with an in-depth look at how social networking sites have changed how teens relate to their friends and the world at large. There is a separate chapter on the leisure and entertainment choices of teens, including books, video games, music, watching movies at home, and going out to live entertainment events, the movies, and restaurants. An analysis of teens’ media consumption includes an assessment of trends affecting magazine readership, the effect of multitasking on television viewing, and the impact of the Internet on traditional media usage. The next section of the report analyzes how teens spend their money. This includes chapters on the sources of teens’ income; their shopping behavior and buying patterns, both in stores and online; and highlights of consumer behavior in fashion, personal care, and food. The report concludes with a section analyzing emerging trends in the teens market. A chapter on advertising and marketing approaches highlights the impact of social networking sites on marketing to teens today, while another chapter provides an overview of strategic trends and marketing opportunities in the teens market.
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