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Generational Market Research Bundle: Baby Boomers, Gen X and Gen Y
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Dec 1, 2008
930 Pages - Pub ID: LA2093881
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U.S. Baby Boomer Attitudes and Opportunities: At Home, At Work and On the Road
Chapter 1: Executive Summary
- Scope and Methodology
- Scope of Report
- Report Methodology
- Two Boomer Age Cohorts
- The Simmons Index System
- Lifestyles and Demographics
- Boomers’ Lives Still Just Beginning
- Boomers’ Demographic Clout Only Increasing
- Ethnicity Largely White, Non-Hispanic
- Comfort with Internet, Technology Facilitates Boomerpreneurship
- Boomers Earn Higher Than Average Incomes
- Figure 1-1: Percentage of Boomers Who Earn Over $100,000: By Demographic Trait, 2007 (U.S. adults age 45-64)
- Money, Health Woes Keep Retirement at Bay
- Boomer Cohort Much More Diverse Than Once Believed
- “Green” Causes Gain Momentum Among Cohort
- Health and Anti-Aging
- Healthy, Active Self-Image Keeps Boomers in the Game
- Technology, Positioning Take Sting Out of Age-Related Complaints
- Strong Focus on Nutrition, Exercise
- Cosmetic Surgery Popular, as Are Scalpel-Free Procedures
- Drugs, Therapies Combat Chronic Complaints
- Older Boomers, Women Work Toward Well-Balanced Diets
- Exercise Remains Popular Antidote to Growing Old
- Boomers at Home
- Family, Finances, Career Guide Domestic Arrangements
- Boomers Anticipate Greater Practicality in Later Years
- Sinks, Countertops Rank High in Empty-Nest Kitchen Purchases
- In-Home Tech, Electronics Preferences Reflect Family Priorities
- Boomerang Effect Re-Mixes Generations
- Boomer Home Caregivers Number in Millions
- Boomers at Work
- Widespread Skepticism RE Social Security’s Staying Power
- Financial Needs and Fulfillment Keep Boomers on the Job
- Employee Health Benefits Add Incentive to Keep Working
- Highest Earners Foreground Control, Dedication to Career
- Figure 1-2: Indices by Selected Boomer Traits for Agreement with Statement: “I Look at the Work I Do as a Career, Not Just a Job,” 2007 (U.S. employed adults age 45-64)
- Workplace Generation Gap Challenges Boomer Patience
- Telecommuting Combines Comfort of Home with Comfort of Paycheck
- Layoffs—and Self-Employment
- Boomers on the Road
- Boomers Defy Convention in Vehicles and Vacations
- Attachment to Automobiles Unlikely to Wane
- Female Boomers Stress Safety; Males Big on What’s Under the Hood
- Resurgence of Muscle Cars, Motorcycles
- “Idealism Gene” Opens Minds, Pocketbooks to Green Options
- Boomers Seek Meaningful Experiences in Vacation Travel
- Majority Prefer Domestic to Foreign Travel
- Internet Research Facilitates Customized Travel
- From Cruises to Sports Vacations, Single Boomers Mixing It Up
Chapter 2: Lifestyles and Demographics
- Boomers’ Lives Still Just Beginning
- Cohort Plans to Regenerate, Not Degenerate
- Boomers’ Demographic Clout Only Increasing
- Age 60-64 Segment Growing Fastest
- Over-40 Contingent Swells Worldwide
- Ethnicity Largely White, Non-Hispanic
- Figure 2-1: Selected High-Indexing Demographic Traits for Hispanic Boomers in Relation to Adults Overall and to Boomers Overall, 2007 (U.S. adults)
- Hispanics Cluster in Southwest, Pacific; African-Americans Embrace Southeast
- Most Boomers Still Work Full-Time
- Diverse Self-Employed Segment May Forecast Future Entrepreneurship
- Figure 2-2: Selected High-Indexing Demographic Traits for Self-Employed Boomers in Relation to Adults Overall and to Boomers Overall, 2007 (U.S. adults)
- Social Responsibility, Self-Actualization Inspires New Ventures
- Comfort with Internet, Technology Facilitates Boomerpreneurship
- Boomers Earn Higher Than Average Incomes
- Figure 2-3: Percentage of Boomers Who Earn Over $100,000: By Demographic Trait, 2007 (U.S. adults age 45-64)
- Money, Health Woes Keep Retirement at Bay
- Fear of Disability Keeps Many on the Job: Health Insurance Highly Prized
- Some Gamble with Health: Drop Insurance, Wait for Medicare to Kick In
- Boomer Cohort Much More Diverse Than Once Believed
- Class of 1946 More “Ward and June” Than “Wyatt and Billy”
- Age, Culture, Experience Divide Younger, Older Boomers
- Older Cohort Boomers Better Educated, Wealthier, More Likely Retired
- Financial Divide Reflects Elders’ Greater Job Opportunities, Cheaper Housing
- Older Cohort Confident; Younger Boomers Stressed
- Famous “Boomer Inheritances” Going to Elders
- Younger Boomers Juggling Childcare, College Payments, Finances
- Hispanics, Asians, Blacks More Likely than Whites to Have Young Kids at Home
- Childless Boomers Skew High for Higher Education, Single Living
- “Green” Causes Gain Momentum Among Cohort
- Green Allegiances Transcend Age Group, But Tend to Increase with Age
- Hispanics, Asians, Lower Income Boomers Especially Eco-Friendly
- Central Marketing Region Claims Majority of Greens
- Figure 2-4
- Selected High-Indexing Demographic Traits of Boomers Who Are “Smart Greens,” 2007 (U.S. adults age 45-64)
- Green Concerns Align with Growing Emphasis on Social Causes, Self-Actualization
- Mature-Centric Trends Will Foster Youthful Lifestyles
- Table 2-1: Demographic Composition of Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-2: Demographic Composition of White (Non-Hispanic) Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-3: Demographic Composition of Hispanic Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-4: Demographic Composition of African-American Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-5: Demographic Composition of Self-Employed Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-6: Demographic Composition of Female Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-7: Demographic Composition of Male Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-8: Demographic Composition of Older Cohort Baby Boomers, 2007 (percent, number and index of U.S. adults age 55-64)
- Table 2-9: Demographic Composition of Younger Cohort Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-54)
- Table 2-10: Demographic Composition of Baby Boomers With Kids at Home, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-11: Demographic Composition of Baby Boomers Without Kids at Home, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 2-12: Demographic Overview of “Smart Green” Baby Boomers, 2007 (percent, number and index of U.S. adults age 45-64)
Chapter 3: Health and Anti-Aging
- Healthy, Active Self-Image Keeps Boomers in the Game
- Concepts of Youth, Health, Nature Intrinsic to Anti-Aging Trend
- Technology, Positioning Take Sting Out of Age-Related Complaints
- Many Boomers Feel Better Now Than in Their 20s, Despite Stress
- Tension Mounts Between Healthy Habits, Chronic Ailments
- Strong Focus on Nutrition, Exercise
- Figure 3-1: Indices for Selected Boomer Traits Favoring Strong Agreement with Statement: “I Make Sure I Exercise Regularly,” 2007 (U.S. adults age 45-64)
- Stress, Overwork Undermine Vibrant Boomer Profile
- Cosmetic Surgery Boosts Self-Esteem, Reveals More Authentic Self
- Liposuction, Augmentations Lure Women and, Increasingly, Men
- Multiple Procedures Save Time, Help Boomers Compete
- Scalpel-Free Procedures Booming
- Surgical Facelifts Sometimes Perceived as Risky, Unnatural
- Injectable Wrinkle Smoothers, Skin Plumpers a Booming Market, Despite Price
- Injections of Human Growth Hormone Stave off Middle-Age Spread
- What Price Youth?: Motivation to Spend Divides Along Gender Lines
- Figure 3-2: Percentage Who Agree with Statement, “I’ll Spend What I Have To, To Look Younger”: Adults Overall vs. Boomers and Selected Boomer Cohorts, 2007 (U.S. adults age 45-64)
- Injectable Fillers Steadily Accepted as Routine Beauty Maintenance
- Drugs, Therapies Combat Chronic Complaints
- Older Boomers Especially Prone to Hypertension, Diabetes, Arthritis
- Boomers Expect to Be Cured: Many Research Own Treatments
- High Cholesterol: Health Crisis or Marketing Bonanza?
- Pfizer Engages Jarvik to Sponsor Sweeping Lipitor Campaign
- Overstated Qualifications Hurt Pfizer’s Credibility
- Diabetes Drugs Especially Likely for Older Boomers
- Drugs for Hypertension, Heart Failure, Chronic Pain
- Boomer Segment Proclaims Peak Condition, Youthful Vigor
- Self-Perception vs. Scientific Findings: Somebody’s Fudging
- Wider Studies Confirm Boomers Are Often Too Fat, Out of Shape
- Denial Looms Large in Approach to “Healthy” Eating, Weight
- Older Boomers, Women Work Toward Well-Balanced Diets
- Nutrition, Healthy Ingredients High On the Shopping List
- Boomer Women Scrutinize Labels, Discuss Nutrition
- Boomer Women Highly Aware of Calories, Diets, Exercise Needs
- CDC Shows Overweight, Obesity Rampant Among Female Boomers
- Too Much of a Good Thing
- On the Upside, Boomers are Paying Attention to Diets
- Figure 3-3: Percentage Who Agree with Statement, “I Am Currently Controlling My Diet”: Adults Overall vs. Boomers and Selected Boomer Cohorts, 2007 (U.S. adults age 45-64)
- Figure 3-4: Percentage Who Agree with Statement, “I Am Currently Dieting”: Adults Overall vs. Boomers and Selected Boomer Cohorts, 2007 (U.S. adults age 45-64)
- Exercise Remains Popular Antidote to Growing Old
- Procter & Gamble Survey Says Many Boomers More Fit Than in Their 20s
- Anti-Aging Marketing Requires Optimistic Language, Segmentation
- “Natural” Approaches, Ingredients Popular Across Channels
- Less Invasive Facial Aesthetics Reveal Natural, Radiant Features
- Fresh, Natural Foods Offer Ageless Health and Beauty
- Vitamins and Supplements Boost Nature’s Anti-Aging Properties
- Figure 3-5: Percentage Who Have Taken Non-Prescription Nutritional Supplements in the Last 12 Months: Adults Overall vs. Boomers and Selected Boomer Cohorts, 2007 (U.S. adults age 45-64)
- Functional Foods Defend Against Age-Related Disease
- Refrigerated Functional Mini-Drinks: Low-Calorie Cholesterol Busters
- Unilever Tippy-toes Around Health Claims, Encourages Healthy Lifestyle
- Souped-Up Cereals Promote “Smart,” Heart Healthy Whole Grains
- Web-Supplemented Campaign Shows Benefits of Smart Eating, Exercise
- Nutricosmetics: Youth-Enhancing Substances That Sound Good Enough to Eat
- Table 3-1: Attitudes Related to Health and Diet: Adults Overall vs. Boomers, 2007 (percent and index of U.S. adults)
- Table 3-2: Attitudes Related to Health and Diet: Female vs. Male Boomers, 2007 (percent and index of U.S. adults)
- Table 3-3: Attitudes Related to Health and Diet: Older vs. Younger Boomers, 2007 (percent and index of U.S. adults)
- Table 3-4: Boomer Traits Favoring Agreement with Statement: I Make Sure I Exercise Regularly, 2007 (percent and index of U.S. adults age 45-64)
- Table 3-5: Boomer Traits Favoring Agreement with Statement: I’ll Spend What I Have To, To Look Younger, 2007 (percent and index of U.S. adults age 45-64)
- Table 3-6: Health Ailments in Last 12 Months: Boomers Overall and Older vs. Younger Boomers, 2007 (percent and index of U.S. adults age 45-64)
- Table 3-7: Patterns in Seeking Medical and Health Information: Boomers Overall and Older vs. Younger Boomers, 2007 (percent and index of U.S. adults)
- Table 3-8: Attitudes Related to Health and Healthcare: Boomers Overall and Older vs. Younger Boomers, 2007 (percent and index of U.S. adults)
- Table 3-9: Use of Selected Prescription Drugs in the Last 12 Months: Boomers Overall and Older vs. Younger Boomers, 2007 (percent and index of U.S. adults age 45-64)
- Table 3-10: Reasons for Controlling Diet: Boomers Overall and Older vs. Younger Boomers, 2007 (percent and index of U.S. adults age 45-64)
- Table 3-11: Participation in Selected Sports Over Last 12 Months: Boomers Overall and Older vs. Younger Boomers, 2007 (U.S. adults) (percent and index of U.S. adults age 45-64)
- Table 3-12: Selected Non-Prescription Nutritional Supplements Taken in Last 12 Months: Boomers Overall and Older vs. Younger Boomers, 2007 (percent and index of U.S. adults age 45-64)
Chapter 4: Boomers at Home
- Family, Finances, Career Guide Domestic Arrangements
- Current Income Supports Most Housing Requirements
- Future Cash Crunch May Cramp Spending, But Not Style
- Leading Edge Boomers Will Drive Housing Trends
- Downsizing, Convenience, Change of Scenery Motivate Relocation
- Adaptation to Changing Physical, Family Circumstances Part of Aging in Place
- General Attitudes About Home Life Mirror Overall Population’s
- Segmentation Key to Interpreting Specific Home Preferences
- Younger and Older Boomers Prefer Quiet Evening at Home
- Older Boomers Turn Up Noses at Fast Food, Prefer Mealtime Togetherness
- Empty-Nester Homes Reflect Personalities; Single Boomers Not So Much
- With Kids At Home, Married Boomers Foreground Kitchen; Not So, Singles
- Boomers Anticipate Greater Practicality in Later Years
- Simpler Tastes Doesn’t Mean “Hippie”
- The “Future” Is Here: Practical Luxury Already a Boomer Trend
- Empty Nesters Downsize: Reorganize Homes, Values
- With Kids Gone, Romance and Freedom Enliven Home Life
- What Empty-Nest Syndrome?
- Sinks, Countertops Rank High in Empty-Nest Kitchen Purchases
- Figure 4-1: Kitchen Remodeling Within Last 12 Months: Selected High-Index Boomer Cohorts, 2007 (U.S. adults age 45-64)
- Bathroom Re-Do Popular for Empty Nesters, Marrieds with Children
- Desire for Mobility, Independence Guide Kitchen, Bath Renovations
- Figure 4-2: Indexed Boomer Traits Favoring Agreement with Statement: “I’m Looking For New Ways to Improve My Home,” 2007 (U.S. adults age 45-64)
- Universal Design Promotes Security, Accessibility
- Elder-Friendly Amenities Foreground Sleek, Luxurious Efficiency
- In-Home Tech, Electronics Preferences Reflect Family Priorities
- Boomers Love TV, HD, Wide Screens
- Empty Nesters Will Splurge on Fancy Set-Ups
- Figure 4-3: Likelihood to Spend $3,000 or More on Household Television Sets: By Selected Boomer Segments, 2007 (U.S. adults age 45-64)
- TV Technology Gap Between Boomers and Millennials
- DVRs Are Fine, But Boomers Just Want to Watch the Show
- Even at Home, Boomers See Computers as Tools, Not Toys
- Most Boomer Households Own Computer
- Empty-Nest, Older Segments Favor Online Financial Management
- With Kids at Home, Education, Graphics, Entertainment Drive Computer Use
- E-Nurturing Frees Up Time for Empty-Nest Moms
- Empty-Nest Dads Often Gobsmacked by New Household Dynamics
- Boomerang Effect Re-Mixes Generations
- Return of Adult Children a Common Pattern
- Financial Woes, Filial Affection Can Make for Happy Home Life
- Career, Family Disasters Can Force Even Boomers Back Home
- Adult Kids and Grandchildren? Boomerang, Once Removed
- Childcare Can Add Additional Burden for Boomer Grandparents
- Elder Care Also Enters Equation
- Boomer Home Caregivers Number in Millions
- Home Care for Dementia, Alzheimer’s Presents Daunting Task
- Decline in Elderly Parents Adds Stress, Anxiety, Fear
- Boomers Want to Keep Parents Out of Nursing Homes
- Fear for Their Own Mental Health May Spur Boomer Planning
- Financial Generosity May Imperil Boomers’ Ability to Age in Place
- “Pivot Spenders” Finance Adult Children, Parents
- Disconnect Between Financial Help and Future Housing Realities
- Even Savings-Obsessed Japanese Dread Housing Crisis in Old Age
- Canadian Boomers Sandwiched Too
- Canadian Boomers Delay Plans for Long-Term Care for Selves, Elders
- Aging in Place Means Aging Smart
- New Urbanism, Live-Work Balance Allows for Efficiency and Fun
- Crosswinds Communities Build Live-Work Residences
- Condominiums Offer Low Maintenance, High Energy
- Not Your Parents’ Retirement Community
- “Gayby” Boomer Communities Offer Acceptance, Allow Honesty
- Shea Homes’ Victoria Gardens: “Certified Green” for The 55-Plus
- Recycling Patterns Suggest Boomers Will Snap Up Green Building
- Figure 4-4: High-Index Boomer Traits Favoring Agreement with Statement: “People Have a Duty to Recycle,” 2007 (U.S. adults)
- Green: It’s Responsible and Chic
- Green Retirement Niche Appeals to Blooming Social Values
- Table 4-1: Attitudes Related to Home Life: Adults Overall vs. Boomers Overall, 2007 (percent and index of U.S. adults)
- Table 4-2: Attitudes Related to Home Life: Indices for Older vs. Younger Boomers, 2007 (U.S. adults age 45-64)
- Table 4-3: Attitudes Related to Home Life: Indices for Boomer Cohorts by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
- Table 4-4: Home Improvement and Household Purchasing Patterns: Adults Overall vs. Boomers Overall, 2007 (percent and index of U.S. adults)
- Table 4-5: Home Improvement and Household Purchasing Patterns: Indices for Older vs. Younger Boomers, 2007 (U.S. adults)
- Table 4-6: Indoor Home Improvement Patterns: Indices for Older vs. Younger Boomers, 2007 (U.S. adults)
- Table 4-7: Home Improvement and Household Purchasing Patterns: Indices for Boomer Cohorts by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
- Table 4-8: Home Improvement and Household Purchasing Patterns: Indices for Boomer Cohorts by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
- Table 4-9: Selected Boomer Traits Favoring Agreement with Statement: “I’m Looking For New Ways to Improve My Home,” 2007 (percent and index of U.S. adults age 45-64)
- Table 4-10: Attitudes Related to Home Media: Adults Overall vs. Boomers Overall, 2007 (percent and index of U.S. adults)
- Table 4-11: Attitudes Related to Home Media: Indices for Older vs. Younger Boomers, 2007 (U.S. adults age 45-64)
- Table 4-12: Attitudes Related to Home Media: Indices for Boomer Cohorts by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
- Table 4-13: Television Purchase and Use Patterns: Adults Overall vs. Boomers Overall, 2007 (percent and index of U.S. adults)
- Table 4-14: Television Purchase and Use Patterns: Indices for Boomer Cohorts by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
- Table 4-15: Home Computer Purchase and Use Patterns: Adults Overall vs. Boomers Overall, 2007 (percent and index of U.S. adults)
- Table 4-16: Home Computer Purchase and Use Patterns: Indices for Older vs. Younger Boomers, 2007 (U.S. adults age 45-64)
- Table 4-17: Home Computer Purchase and Use Patterns: Indices for Boomer Cohorts by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
- Table 4-18: Household Computer Use Patterns: Adults Overall vs. Boomers Overall, 2007 (percent and index of U.S. adults)
- Table 4-19: Household Computer Use Patterns: Indices for Older vs. Younger Boomers, 2007 (U.S. adults age 45-64)
- Table 4-20: Household Computer Use: Indices for Boomer Cohorts by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
- Table 4-21: Demographic Composition: Boomer Grandparents, 2007 (percent, number and index of U.S. grandparents age 45-64)
- Table 4-22: Selected Household Attitudes and Characteristics: Boomer Grandparents, 2007 (percent, number and index of U.S. grandparents age 45-64)
- Table 4-23: Boomer Segments Taking Care of Someone with an Ailment, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 4-24: Caregiver Indices for Selected Ailments or Diseases: Female, Male, Older, Younger Boomers, 2007 (U.S. adults age 45-64)
- Table 4-25: High-Indexing Demographic Traits for Boomers Who Are Taking Care of Someone With an Ailment, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 4-26: Boomer Segments Taking Care of Someone With Alzheimer’s Disease, 2007 (percent, number and index of U.S. adults age 45-64)
- Table 4-27: Boomer Traits Favoring Agreement with Statement: “People Have a Duty to Recycle,” 2007 (percent and index of U.S. adults)
- Table 4-28: Household Recycling Patterns: Adults Overall vs. Boomers Overall, 2007 (percent and index of U.S. adults age 45-64)
- Table 4-29: Household Recycling Patterns: Indices for Boomer Cohorts by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
Chapter 5: Boomers at Work
- Social Security a Mixed Blessing for Potential Retirees
- Longer Working Life No Surprise, Especially for Younger Segment
- Figure 5-1: Boomers as Full-Time Workers: Percentages for Boomers Overall vs. Selected Cohorts, 2007 (U.S. adults age 45-64)
- Widespread Skepticism RE Social Security’s Staying Power
- Applying Early: The Leading Edge Hedge
- Financial Needs and Fulfillment Keep Boomers on the Job
- Employee Health Benefits Add Incentive to Keep Working
- Squeezes in Government Pension, Healthcare Plans Extend Boomer Working Lives Internationally
- Employers Fear Boomer “Brain Drain”
- Sense of Purpose, Belonging Continues to Motivate
- Australians, Canadians Value Active Minds, Personal Freedom
- Career, Contribution Valued: It’s Not Just a Job
- Financial Wealth Emblematic, But Just Part of Boomer Work Ethic
- Highest Earners Foreground Control, Dedication to Career
- Figure 5-2: Indices by Selected Boomer Traits for Agreement with Statement: “I Look at the Work I Do as a Career, Not Just a Job,” 2007 (U.S. employed adults age 45-64)
- Earners Below $100K Less Control Oriented; Value Family Time
- For Boomers, Income Correlates with Career Commitment
- Figure 5-3: Indices by Selected Boomer Traits for Agreement with Statement: “I Am a Workaholic,” 2007 (U.S. employed adults age 45-64)
- But “Success” Not Measured In Dollar Signs Alone
- Figure 5-4: Indices by Selected Boomer Traits for Agreement with Statement: “Money is the Best Measure of Success,” 2007 (U.S. employed adults age 45-64)
- Workplace Generation Gap Challenges Boomer Patience
- Experienced Boomers Annoyed by Gen-Y Newbies
- Four Generations Now Butt Heads in Workplace
- Employers Look for Ways to Ease Intergenerational Friction
- Formative Years Key to Understanding Work Attitudes
- Technology: Another Intergenerational Flashpoint
- Boomers See Cell Phones as Tools, Not Toys
- Figure 5-5: Boomer Use of Cell Phones for Personal or Business Purposes, 2007 (percent of U.S. employed adults age 45-64)
- Trends in Internet Usage at Work Imply Better Boomer Boundaries
- In Office Interaction, Boomers Prefer the Human Touch
- Common Goals Lurk Behind Differing Work Styles
- Boomer Loyalty Contrasts with Younger Workers’ Get-Up-and-Go Tendencies
- With Upcoming Desire for Flexibility, Boomers May Take Hint from Younger Workers
- Telecommuting Combines Comfort of Home with Comfort of Paycheck
- Most Will Stay in Current Job Until Retirement, But Dreams of New Enterprises Beckon
- Figure 5-6: Boomer Indices for Selected Work Life Milestones in Last 12 Months, 2007 (percent of U.S. employed adults age 45-64)
- Boomers Fear Layoffs, Forced Retirement
- Loss of Job Can Mean Underfunded Future
- Self-Employment a Viable Option
- Male Boomerpreneurs Outnumber Females, But Gap Closing
- Severance Pay Can Finance New Venture
- Franchises Offer Independence and Structure
- Bright Star Healthcare Combines Compassion with Standardized Operations
- Home-Based Businesses Supplement or Replace 9-to-5 Gigs
- Web-Based Retail: Low on Politics, High on Casual Dress
- Multi-Level Marketing Offers Pre-Designed Program, Manageable Growth
- Gradual Transition to Self-Employment an Increasing Trend
- Especially for Boomer Women, Second-Career Planning is Key
- Boomer Coaches Especially Attuned to Cohort’s Needs
- Volunteering Can Provide Meaningful Work—Even Without the Pay
- Even in Volunteering Boomers Ask “What’s In It For Me?”
- Boomers Want Convenience, Fun, Transformative Experiences
- Stamp Licking a Bore: Engage My Strategic and Administrative Skills
- Online Volunteering Answers Need for Convenience, Recognition
- Even the Brits Have Trouble Recruiting Boomer Volunteers
- Speed Dating to the Rescue!
- Boomers Still Prove an Elusive Target
- Volunteerism Can Lead Boomers to New, Paying Positions
- Table 5-1: Boomers as Workers: Percentages for Boomers Overall vs. Selected Cohorts, 2007 (U.S. adults age 45-64)
- Table 5-2: Boomers as Workers: Total Numbers for Boomers Overall vs. Selected Cohorts, 2007 (U.S. employed adults age 45-64)
- Table 5-3: Boomers as Workers: Indices for Selected Cohorts in Relation to Boomer Norms, 2007 (U.S. employed adults age 45-64)
- Table 5-4: Attitudes Related to Work Life: Employed Adults Overall vs. Employed Boomers, 2007 (percent and index of U.S. employed adults)
- Table 5-5: Attitudes Related to Work Life: Indices for Younger vs. Older Employed Boomers, 2007 (U.S. employed adults age 45-64)
- Table 5-6: Attitudes Related to Work Life: Indices for Male vs. Female Employed Boomers, 2007 (U.S. employed adults age 45-64)
- Table 5-7: Attitudes Related to Work Life: Indices for Employed Boomers by Work Situation, 2007 (U.S. employed adults age 45-64)
- Table 5-8: Attitudes Related to Work Life: Indices for Employed Boomers by Individual Employment Income Level, 2007 (U.S. employed adults age 45-64)
- Table 5-9: Attitudes Related to Work Life: Indices for Employed Boomers by Marital Status and Presence of Children in Household, 2007 (U.S. employed adults age 45-64)
- Table 5-10: Attitudes Related to Work Life: Indices for Employed Boomers by Race/Ethnicity, 2007 (U.S. employed adults age 45-64)
- Table 5-11: Work Life Patterns: Percentages of Adults Overall vs. Adults 18-44 and Boomer Adults 45-64, 2007 (U.S. employed adults)
- Table 5-12: Work Life Patterns: Total Numbers for Adults Overall vs. Adults 18-44 and Boomer Adults 45-64, 2007 (U.S. employed adults)
- Table 5-13: Work Life Patterns: Indices for Adults 18-44 vs. Boomer Adults 45-64, 2007 (U.S. employed adults)
Chapter 6: Boomers on the Road
- Boomers Defy Convention in Vehicles and Vacations
- Attachment to Automobiles Unlikely to Wane
- SUVs, Trucks Still Popular Despite Gas Prices
- Ability to Handle Rough Terrain Valued
- SUVs Associated with Active Lifestyles
- Figure 6-1: Indices by Selected Boomer Traits for Agreement with Statement: “An SUV Matches My Active Lifestyle,” 2007 (U.S. adults age 45-64)
- SUVs, Trucks May Need Image Makeover to Hold Boomer Hearts
- Female Boomers Stress Safety; Males Big on What’s Under the Hood
- But Flashy Ride Not as Important as Getting to Destination
- Resurgence of Muscle Cars Fueled by Youthful Yearnings
- Internet Makes Parts, Restoration, Advice Widely Accessible
- Muscle Car Auctions a Growing Trend
- Vintage Perfection Can Outprice Even New Versions of Classic Cars
- Forget Midlife Crisis: Fast Rides Signify New Youth, Not Lost Youth
- Muscle Motorcycles Promise “Bad Boy” Speed, Adrenaline
- New or Vintage, Motorcycles Feed Taste for Open Road
- Median Age of Motorcycle Owners Rises Steadily, to Over-40
- Figure 6-2: Indices for Selected Boomer Traits Favoring Motorcycling “Every Chance I Get,” 2007 (U.S. adults age 45-64)
- Injuries May Accompany Boomer Motorcycle Ownership
- “Idealism Gene” Opens Minds, Pocketbooks to Green Options
- Automotive Pollution Worries Increase with Age Bracket
- Similar Worries by Gender, Marital Status, Income
- Education, Politics, Region Are Clearest Indicators of Green Attitudes
- Figure 6-3: Indices for Selected Boomer Traits Favoring Agreement with Statement: “I Worry About Pollution Caused by Cars,” 2007 (U.S. adults age 45-64)
- Hybrid Owners Skew Wealthy, Democratic, Educated, Active
- Earth-Friendly Doesn’t Have to Be Drab
- Toyota Prius Sparks Boomer Love Affair
- Trucks, SUVs Step Up to Hybrid Plate
- Natural Gas, Diesel Power Make Green Inroads
- Mercedes-Benz Diesel Combines Fuel Efficiency and Luxury
- Boomers Save Energy with Conventional Gas Power Too with Mini Cooper, Honda Element, Et Al
- Honda Element Offers Low Maintenance, High Storage, Great Mileage
- Boomers Seek Meaningful Experiences in Vacation Travel
- Life Stage Influences Travel Choices
- RVs Attract Young Boomers with Kids
- Travel Tends to Increase Post-Retirement
- Creature Comforts Key Even When Roughing It
- Boomers Spend More Than Other Age Groups on Leisure Travel
- Domestic Travel Common Across Boomer Cohort
- Majority Prefer Domestic to Foreign Travel
- Hispanics, Younger Boomers More Open to Foreign Adventures
- Internet Research Facilitates Customized Travel
- Figure 6-4: Indices by Selected Boomer Traits for Agreement with Statement: “I Like Vacations Where Activities Are Organized for Me,” 2007 (U.S. adults age 45-64)
- Diverse Interests United by Desire for Experiential Travel
- Sports, Exercise Getaways Spell Big Fun for Outdoorsy Types
- Figure 6-5: Boomer Percentage of Total Enthusiasts Who Participate “Every Chance Possible” in Selected Sports, 2007 (U.S. adults age 45-64)
- Parents, Kids Share Hiking, Biking, Sports Adventures
- Backroads Vacations Stress Fun, Bonding
- Luxury Family Adventures Play Up Culture, Exercise, Education
- Ecotourism Offers Sustainable Travel and Volunteer Options
- Boomers Big on Voluntourism, As Long As Beds Are Comfy
- Tour Companies Must Stand Behind Green Credentials
- From Cruises to Sports Vacations, Single Boomers Mixing It Up
- Hooking Up Part of the Appeal as Well
- Girlfriend Getaways a Major Trend for Over-45 Cohort
- Shopping, Theater Packages Attract Gal-Pal Travelers
- “Mancations” Let Guys Be Guys
- Travel Helps College Buddies Extend Their Yesterdays
- Fairmont Mancations Offer Packages from Spa Treatments to Race Car Trials
- Table 6-1: Vehicle Ownership and Acquisition: Percentages by Adult Age Bracket, 2007 (U.S. adults)
- Table 6-2: Type and Make of Most Recent Vehicle Acquired: Percentages by Adult Age Bracket, 2007 (U.S. adults)
- Table 6-3: Personal Vehicle Features and Spending Patterns: Percentages by Adult Age Bracket, 2007 (U.S. adults)
- Table 6-4: Attitudes Related to Travel and Transportation: Indices by Adult Age Bracket, 2007 (U.S. adults)
- Table 6-5: Attitudes Related to Travel and Transportation: Indices for Female vs. Male Boomers, 2007 (U.S. adults age 45-64)
- Table 6-6: Attitudes Related to Travel and Transportation: Boomer Indices by Household Income Level, 2007 (U.S. adults age 45-64)
- Table 6-7: Attitudes Related to Travel and Transportation: Boomer Indices by Marital Status and Presence of Children in Household, 2007 (U.S. adults age 45-64)
- Table 6-8: Attitudes Related to Travel and Transportation: Boomer Indices by Race/Ethnicity, 2007 (U.S. adults age 45-64)
- Table 6-9: Participation in Selected Sports “Every Chance I Get”: Boomers Overall and Older vs. Younger Boomers, 2007 (percent and index of U.S. adults age 45-54)
- Table 6-10: High-Index Boomer Traits for Motorcycling “Every Chance I Get,” 2007 (percent and index of U.S. adults age 45-64)
- Table 6-11: High-Index Boomer Traits for Agreement with Statement: “I Worry About Pollution Caused by Cars,” 2007 (percent and index of U.S. adults age 45-64)
- Table 6-12: Domestic Travel Patterns: Percentages by Adult Age Bracket, 2007 (U.S. adults)
- Table 6-13: Foreign Travel Patterns: Percentages by Adult Age Bracket, 2007 (U.S. adults)
- Table 6-14: Selected Travel-Related Habits: Percentages by Adult Age Bracket, 2007 (U.S. adults)
Generation X in the U.S.
Chapter 1: Executive Summary
- Scope and Methodology
- Scope of Report
- Report Methodology
- Demographics
- Gen X by the Age Span
- Gen X by the Numbers: A Diverse Cohort
- Figure 1-1: Share of Generation X Population by Race/Ethnicity, 2005 (U.S. adults age 25-39)
- Gen X Values Relationships, Family Ties
- Gen X Insists on Work-Life Balance
- Raising Children Occupies Lots of Creative Time
- Gen X Lifestyles
- Alternative Enters Mainstream: Separating Today’s Xer from Yesterday’s Slacker
- Diverse Cohort Comprises Many Segments: Customer-centric Marketing Requires Keen Analysis
- The Internet: Not Just Part of a Gen X Lifestyle, It’s a Gen X Way of Life
- Foods and Beverages
- Make it QUICK! Make it DELICIOUS! Make it ABOUT ME!
- Xers Up the Aesthetic Ante: Extra Points for Inventive Presentation
- Health Foods: A “Natural” Preference or a Medical Back-Up Plan?
- Media and Technology
- Internet = Integral
- Internet Searches for Information, Products, Services Are Second Nature
- Many Gen Xers Say Internet Is Prime Source of Entertainment
- Online Job Searches Replace Antiquated Pavement Pounding
- Social Networking: Personal Media Gets Up Close and Virtual
- Travel and Transportation
- Gen Xers Outpace Boomers in Per Capita Travel Spending
- A Passion for International Travel, Quick Booking, New Experiences
- As in Other Pursuits, Gen Xers Prize Variety of Experience
- Gen Xers in the Sky: Continental and Jet Blue Capture Market Share
- Boutique Hotels at Discount Rates: Another Gen X Passion
- Personal Finance and Home Furnishing
- Gen Xers Expect to Fund Their Own Retirements
- Financial Vicissitudes Spread Xers Thin
- Education Loans Particularly Burdensome
- Gen X Favors Low-Cost Car Insurance, Progressive, Geico
- Gen X Likes AmEx: Blue and Corporate
- Figure 1-2: Usage Rates for American Express Blue and American Express Corporate Cards: Adults Overall, Generation X, and Baby Boomers, 2005 (percent)
Chapter 2: Demographics
- A Moving Target
- Gen X by the Age Span
- Gen X Overlaps with Older, Younger Generations
- Attempts to Pigeonhole Gen Xers Backfire
- Gen X by the Numbers: A Diverse Cohort
- Figure 2-1: Share of Generation X Population by Race/Ethnicity, 2005 (U.S. adults age 25-39)
- Gen X by Geography: Regional Spreads
- Gen X Values Relationships, Family Ties
- Figure 2-2: Opinions About Family and Friends: Generation X vs. All U.S. Adults, 2005 (U.S. adults)
- Slacker Stereotype Distinctly Outmoded
- “Overeducated” Ain’t Necessarily So
- Diversity of Gender, Ethnicity, Race Reflected in Educational Levels
- Personal Interest Trumps Diplomas, Income
- Job-Hopping Helps Gen Xers Pursue Their Personal Goals
- Gen X Insists on Work-Life Balance
- Figure 2-3: Opinions About Work and Career: Generation X vs. All U.S. Adults, 2005 (U.S. adults)
- Raising Children Occupies Lots of Creative Time
- Advice to Marketers: Know Your Gen Xer
- Identify and Engage Numerous Gen X Segments
- Collaborate with Xers Through Online & Mobile Programs
- Keep It Real
- Table 2-1: Overview of Generation X Demographics, 2005 (U.S. adults age 25-39)
- Table 2-2: Overview of Generation X Demographics: Men, 2005 (U.S. adults age 25-39)
- Table 2-3: Overview of Generation X Demographics: Women, 2005 (U.S. adults age 25-39)
- Table 2-4: Overview of Generation X Demographics: Non-Hispanic Whites, 2005 (U.S. adults age 25-39)
- Table 2-5: Overview of Generation X Demographics: Hispanic Americans, 2005 (U.S. adults age 25-39)
- Table 2-6: Overview of Generation X Demographics: African Americans, 2005 (U.S. adults age 25-39)
- Table 2-7: Selected General Behaviors and Opinions: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
Chapter 3: Gen X Lifestyles
- Alternative Enters Mainstream: Separating Today’s Xer from Yesterday’s Slacker
- Blame It on the Boomers—They’re the Original Generation X
- Diverse Cohort Comprises Many Segments: Customer-centric Marketing Requires Keen Analysis
- The Internet: Not Just Part of a Gen X Lifestyle, It’s a Gen X Way of Life
- Figure 3-1: “Use Internet To Help Plan Shopping Trips”: Generation X vs. All U.S. Adults, 2005 (U.S. adults)
- Across Ethnicities, Gen Xers Use Internet to Research, Critique Products
- Gen X Campaigns Should Personalize Their Approach
- Staying Single Longer: Lifestyle Choice, or the Luck of the Draw?
- Gen Xercise: Building Relationships Along with Muscle Tone
- Figure 3-2: Selected High Gen X Indexes for Exercise-Related Behaviors and Opinions, 2005 (U.S. adults age 25-39)
- Married or Single, Gen Xers Pursue Their Own Interests
- “I’m Not a Princess. I Just Want What I Want.”
- Off-Line Flirting: What a Concept!
- For Xers, Being Single Is an Investment
- Single Parents and Domestic Partners: Gen X Focus Remains on Quality Relationships
- Single Moms Often Single by Choice
- Gay and Lesbian Parents Join the Mainstream
- Gen X Parents: With the Right Attitude, Even Drool Can Be Cool
- Figure 3-3: “A Woman’s Place Is In The Home”: Generation X vs. Total U.S., Gen Y, and Boomers, 2005 (U.S. adults without children in the household)
- Well-to-Do Xers Model Passion, Fashion for Their Kids
- Parents of More Modest Means Demand the Best for Kids
- Moms and Dads Connect the Dots Between Values, Shopping Strategies, and Creative Play
- Title Nine Sportswear: Marketing to a Passion
- Table 3-1: Selected Lifestyle Statements: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
- Table 3-2: Selected Lifestyle Statements Among Women: Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adult women)
- Table 3-3: Selected Lifestyle Statements Among Men: Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adult men)
- Table 3-4: Selected Lifestyle Statements Among Non-Hispanic Whites: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adult non-Hispanic Whites)
- Table 3-5: Selected Lifestyle Statements Among Hispanic Americans: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (Hispanic American adults)
- Table 3-6: Selected Lifestyle Statements Among African Americans: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (African-American adults)
- Table 3-7: Selected Lifestyle Statements Among Asian Americans: Adults Overall, Generation X, and Baby Boomers, 2005 (Asian- American adults)
- Table 3-8: Selected Health-, and Exercise-Related Behaviors and Opinions: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
- Table 3-9: Selected Lifestyle Statements Among Single (Never Married) Adults: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. single adults)
- Table 3-10¨ Selected Lifestyle Statements Among Adults Without Children: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults without children in the household)
- Table 3-11: Selected Lifestyle Statements Among Adults With Children: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults with children in the household)
Chapter 4: Foods and Beverages
- Make it QUICK! Make it DELICIOUS! Make it ABOUT ME!
- Figure 4-1: High Gen X Indexes for Selected Diet-Related Behaviors and Opinions, 2005 (U.S. adults age 25-39)
- Xers Up the Aesthetic Ante: Extra Points for Inventive Presentation
- Health Foods: A “Natural” Preference or a Medical Back-Up Plan?
- With Gen X, Everybody’s an Online Food Critic
- From Organic Moms to Cuban Mojo, Websites and Blogs Emphasize Culture, Philosophy Around Foods
- From Oysters to Asparagus: Website Emphasizes the Passionate Approach
- On Meal Occasions, Gen X Wavers Between Adventurous and Jaded
- Boomers vs. Gen X: Agendas Differ, But Both Value Convenience, Quality, Efficiency
- No Time to Cook and Eat Healthy, Or No Inclination?
- Figure 4-2: High Gen X Indexes for Agreement With Statement: I Don’t Have Time to Prepare/Eat Healthy Meals, 2005 (U.S. adults age 25-39)
- Retail Rants: Should Marketers Worry When Bloggers Broadcast Unhappy Experiences?
- Marketing Experts Recommend Monitoring Blogs
- Other Experts Find Blogosphere Uninformative: Stress Point-of-Contact for Monitoring Consumer Needs
- Online Grocery Shopping Gaining Ground with Gen X
- Peapod Delivery Alleviates Urban Stress
- FreshDirect Links New Recipes with Online Delivery
- Princely Offerings at Pauper Prices: Gen X Expects Food and Beverage Options of Premium Quality, Low Expense
- Chipotle Mexican Grill: Fast Casual Food with Integrity
- Natural Products Spread the Health
- Hip Ads Balance Honesty, Humor
- Generation X: We Love Our Beverages
- Figure 4-3: High Gen X Indexes for Agreement With Statement: I Like To Try New Drinks, 2005 (U.S. adults age 25-39)
- Coffee Houses Promote Social Networking
- Safe Haven for Parents, Kids, Sparking Singles
- Weddings Play Up Fancy Drinks: Coffee Is Frothy, But Liquor Is Hipper
- Mothers’ Little Helper: Gen X Moms Connect Over Cocktails
- Gen X Kindles Its Passion for Wine
- Wine Losing Elitist Taint as Selection Widens, Prices Drop
- Eye-Catching Labels, Catchy Titles Increase Anti-Snob Appeal
- Passion for Wine Inspires Gen X Marketers, Retailers, Growers
- Experiential Marketing, Lifestyle Aspects Increase Wine’s Gen X Appeal
- Wine Clubs Represent “Ultimate Marketing Machine”
- Successful Campaigns Combine Honesty, Iconoclasm, “Underground” Appeal
- Blatant Capitalism: We’re Just That Cool
- M-5: Coke Jumps on the Global Brandwagon
- Underground Appeal: Are You Cool Enough to Be in Our Loop?
- Smirnoff’s “Tea Partay”: Viral Success or Half-Cocked Gambit?
- Support Viral Campaigns with Solid, Accessible, Information
- Table 4-1: Selected Diet-Related Behaviors and Opinions: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
- Table 4-2: Generation X Traits Favoring Agreement With Statement: Am Usually the First to Try New Health Foods, 2005 (U.S. adults age 25-39)
- Table 4-3: Generation X Traits Favoring Being Vegetarian, 2005 (U.S. adults age 25-39)
- Table 4-4: Generation X Traits Favoring Agreement With Statement: I Don’t Have Time to Prepare/Eat Healthy Meals, 2005 (U.S. adults age 25-39)
- Table 4-5: Generation X Traits Favoring Agreement With Statement: Fast Food Fits My Busy Lifestyle, 2005 (U.S. adults age 25-39)
- Table 4-6: Generation X Traits Favoring Agreement With Statement: I Like to Try New Drinks, 2005 (U.S. adults age 25-39)
Chapter 5: Media and Technology
- Internet = Integral
- Internet Searches for Information, Products, Services Are Second Nature
- Many Gen Xers Say Internet Is Prime Source of Entertainment
- Figure 5-1: High Gen X Indexes for Agreement With Statement: The Internet Is the Prime Source of My Entertainment, 2005 (U.S. adults age 25-39)
- Xers Seek to Balance Work and Free Time
- Online Job Searches Replace Antiquated Pavement Pounding
- Formula for Online Job Search: Advanced Reading Skills + School Loans Coming Due
- Social Networking: Personal Media Gets Up Close and Virtual
- Figure 5-2: High Gen X Indexes for Agreement With Statement: The Internet Is a New Way I Socialize and Meet Others, 2005 (U.S. adults age 25-39)
- Successful Sites Collaborate with Users
- Personal Networking Sites Balk at Brand Advertising
- Creating Buzz Via Consumer Generated Media
- Chevrolet Does CGM Right This Time
- Chevy Contest Features Tight Focus, Trust
- Exploiting CGM Honestly: Paradox or Contradition?
- For Gen Xers, Email Advertising Offers Opt-In, Personalized Service
- Openness to Email Advertising Increases with Household Income
- Gen X Prefers Messages Tailored to the Household Level
- Don’t Underestimate the Power of Paper
- Snail Mail Still Holds Gen X Interest
- Digital Cameras, Images, Software Offer Versatility in Preserving Memories
- Gen X Women, Moms Drive Digital Photo Market
- For Printing Photos, Gen X Moms Like Online, Kiosk, and Camera Shop Capabilities
- Magazines with Real Pages Still Capture Gen X Imagination
- Gen X Men: Girls, Booze, Cars All Play Well in Men’s Magazines
- Gen X Moms: Parenting Magazines Build Confidence
- Electronics Capture Gen X Attention, Dollars
- Downloadable Music Enhances the Gen Xperience
- Figure 5-3: High Gen X Indexes for Ownership of Portable Digital Music MP3 Player, 2005 (U.S. adults age 25-39)
- Intergenerational Musical Tastes Strengthen “Holistic” Branding Experience
- Cell Phone, MP3 Technologies Converge with Cable, Video, Internet
- Verizon Chocolate and Bud.tv: The Ultimate in Multi-Functionality (At Least for Now)
- Table 5-1: Selected Technology, Media, and Entertainment Behaviors and Opinions: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
- Table 5-2: Generation X Traits Favoring Agreement With Statement: The Internet Is the Prime Source of My Entertainment, 2005 (U.S. adults age 25-39)
- Table 5-3: Generation X Traits Favoring Online Employment Search in Last 30 Days, 2005 (U.S. adults age 25-39)
- Table 5-4: Generation X Traits Favoring Agreement With Statement: The Internet Is a New Way I Socialize and Meet Others, 2005 (U.S. adults age 25-39)
- Table 5-5: Generation X Traits Favoring Agreement With Statement: Like to Hear About Products and Services by Email, 2005 (U.S. adults age 25-39)
- Table 5-6: Generation X Traits Favoring Use of Online Digital Imaging/Photo Album Software in Last 30 Days, 2005 (U.S. adult women age 25-39)
- Table 5-7: Generation X Traits Favoring Reading of Men’s Magazines, 2005 (U.S. adult men age 25-39)
- Table 5-8: Generation X Traits Favoring Reading of Child-Rearing/Parenthood Magazines, 2005 (U.S. adult women age 25-39)
- Table 5-9: Generation X Traits Favoring Agreement With Statement: Will Pay Anything for Electronic Products I Want, 2005 (U.S. adult men age 25-39)
- Table 5-10: Generation X Traits Favoring Ownership of Portable Digital Music MP3 Player, 2005 (U.S. adults age 25-39)
- Table 5-11: Generation X Traits Favoring Use of Cellular/Wireless Phone Service with Text Messaging, 2005 (U.S. adults age 25-39)
Chapter 6: Travel and Transportation
- Gen Xers Outpace Boomers in Per Capita Travel Spending
- A Passion for International Travel, Quick Booking, New Experiences
- Education, Life Changes Fuel Desire to Travel Abroad
- Figure 6-1: Selected High Gen X Indexes for Agreement With Statement: I Love The Idea of Traveling Abroad, 2005 (U.S. adults age 25-39)
- As in Other Pursuits, Gen Xers Prize Variety of Experience
- Gen Xperience: The Quest for Authenticity
- Adventure Travel Suits Casual, Community-Oriented Spirit
- Sustainable Tourism, Ecotourism Help Preserve Natural Habitats
- Gen Xers’ Adventurous Spirit Keeps Them Open to New Companies
- Internet Booking Key to Gen X Travel Market
- For Gen Xers, Especially Asian Americans, Variety Is the Spice of Travel
- Tribe Wanted: A Time Share as Out There as You Want to Be
- Vorovoro: Where an Online Community Meets a Real Life Tribe
- Tribe Wanted Stresses Environmental Conservation, Social Diversity, Fun
- Tribal Financing: Media, Savvy Promotions Lend Sustainable Support
- Gen Xers in the Sky: Continental and Jet Blue Capture Market Share
- Continental’s International Menu Piques Gen X Travel Appetite
- Domestic Destinations: Gen Xers Taking Over as Major Business Travelers
- Figure 6-2: Selected High Gen X Indexes for Having Taken a Business-Only Trip in Last Twelve Months, 2005 (U.S. adults age 25-39)
- Jet Blue Caters to Gen X Style, Budget
- Boutique Hotels at Discount Rates: Another Gen X Passion
- Hotel Indigo: Playful, Casual, and Totally WiFi
- Holiday Inn Select: Gen Xers Dig Sports Bars, Workout Facilities
- Starwood Aloft: A Loft, With Maid Service
- Hyatt Place: Going for the Gen X Business Traveler
- Automotive Xperiences: Gen Xers Favor Sleek Design, Foreign Cachet, and Affordable Price
- Foreign Wheels Score High in Gen X Perceptions of Quality, Performance
- Figure 6-3: Selected High Gen X Indexes for Agreement With Statement: Foreign Cars Are Higher Quality Than American, 2005 (U.S. adults age 25-39)
- Nifty, Reliable, Sporty Volkswagon Scores High with Gen Xers
- Zoom-Zoom: Mazda Counts Gen Xers Among Its Fans
- Mazda Emphasizes Environmental Responsibility and Style
- Gen Xers Opt for American Quality, Affordability, Too
- SUVs Fit Gen X Needs for Reliability, Storage, Active Lifestyles
- SUV Enthusiasts Mostly Parents, Home Owners
- Table 6-1: Selected Travel-Related Behaviors and Opinions: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
- Table 6-2: Generation X Traits Favoring Agreement With Statement: I Love the Idea of Traveling Abroad 2005 (U.S. adults age 25-39)
- Table 6-3: Generation X Traits Favoring Agreement With Statement: Am Willing to Make Travel Plans With Unknown Company, 2005 (U.S. adults age 25-39)
- Table 6-4: Generation X Traits Favoring Agreement With Statement: I Like to Vacation Somewhere Different Every Time, 2005 (U.S. adults age 25-39)
- Table 6-5: Generation X Traits Favoring Taking a Business-Only Trip in Last Twelve Months, 2005 (U.S. adults age 25-39)
- Table 6-6: Selected Transportation-Related Behaviors and Opinions: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
- Table 6-7: Generation X Traits Favoring Agreement With Statement: Foreign Cars Are More Prestigious Than American, 2005 (U.S. adults age 25-39)
- Table 6-8: Generation X Traits Favoring Agreement With Statement: Foreign Cars Are Higher Quality Than American, 2005 (U.S. adults age 25-39)
- Table 6-9: Generation X Traits Favoring Ownership of Compact Foreign Car, 2005 (U.S. adults age 25-39)
- Table 6-10: Generation X Traits Favoring Ownership of Compact Domestic Car, 2005 (U.S. adults age 25-39)
- Table 6-11: Generation X Traits Favoring Agreement With Statement: An SUV Matches My Active Lifestyle, 2005 (U.S. adults age 25-39)
Chapter 7: Personal Finance and Home Furnishing
- Gen Xers Expect to Fund Their Own Retirements
- Financial Vicissitudes Spread Xers Thin
- Education Loans Particularly Burdensome
- Professional Salaries Offset by Hefty Monthly Payments
- Children’s Educations Weigh Heavily on Xers’ Minds, Lighten Xers’ Wallets
- 529 College Savings Plan: A Tax-Free, Long-Term Solution
- Other Personal Loans, Car Financing Stretch Gen X Coffers
- Figure 7-1: Selected High Gen X Indexes for Holding a New Car Loan, 2005 (U.S. adults age 25-39)
- Gen X Favors Low-Cost Car Insurance, Progressive, Geico
- U.S.A.A. and Mercury Car Insurance Draw Gen X Dollars
- Lower Income, Non-College Grads Have Little Trouble Spending, Big Trouble Saving
- 401(k) Plans Offset Gen X Concerns for the Future
- Debit and Credit Cards Trump Cash, Checks for Gen X Spenders
- Quickness, Convenience Make Visa, MasterCard Debits Popular
- Credit Purchases Blaze Into Under-$15 Realm
- Contactless Credit Makes Big Splash: Gen Xers Ride the Wave
- Gen X Likes AmEx: Blue and Corporate
- Figure 7-2: Usage Rates for American Express Blue and American Express Corporate Cards: Adults Overall, Generation X, and Baby Boomers, 2005 (percent)
- Visa Credit Card Sees Wide Use, Personalized Options
- Home Sales Down, But Xers Driving Sales of New and Custom Builds
- Gen X Driving Trend Toward Greater Space, More Amenities
- Despite High Price Tags, Gen X Likes Stylish Amenities, Personalized Floorplans
- Gen Xers Not Afraid to Pitch In, Rake Leaves, Blow Leaves, Mow Lawns
- Figure 7-3: Selected High Gen X Indexes for Purchasing Selected Garden-Related Items, 2005 (U.S. adults age 25-39)
- Power Lawn and Garden Equipment a Boon to Homeowners
- Celebrate with Meat!: Gas Grills Enhance the Outdoor Experience
- Varied Styles, Prices in Grills Suit Gen X Individuality
- Moving Inside, Gen Xers Like High Style, Low Cost of Pottery Barn, Crate & Barrel
- Ikea Whets Gen X Appetite for Hip, Euro-Inspired Surroundings
- Ikea Store Openings Draw Elated Fans
- Ikea Shoppers Mirror Many Gen X Traits
- Table 7-1: Selected Finance-Related Behaviors and Opinions: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
- Table 7-2: Generation X Traits Favoring Holding of Educational Loans, 2005 (U.S. adults age 25-39)
- Table 7-3: Generation X Traits Favoring Holding a New Car Loan, 2005 (U.S. adults age 25-39)
- Table 7-4: Generation X Traits Favoring Agreement With Statement: I Tend to Spend Money Without Thinking, 2005 (U.S. adults age 25-39)
- Table 7-5: Generation X Traits Favoring Agreement With Statement: I’m No Good at Saving Money, 2005 (U.S. adults age 25-39)
- Table 7-6: Generation X Traits Favoring Investment in 401(k) Plan, 2005 (U.S. adults age 25-39)
- Table 7-7: Generation X Traits Favoring Use of Clothing/Specialty Store Credit Card in Last 30 Days, 2005 (U.S. adults age 25-39)
- Table 7-8: Generation X Traits Favoring Use of Visa Credit Card in Last 30 Days, 2005 (U.S. adults age 25-39)
- Table 7-9: Selected Home-Related Behaviors and Opinions: Adults Overall, Generation Y, Generation X, and Baby Boomers, 2005 (U.S. adults)
- Table 7-10: Generation X Traits Favoring Purchase of Power Lawn & Garden Equipment in Last Twelve Months, 2005 (U.S. adults age 25-39)
- Table 7-11: Generation X Traits Favoring Purchase of Outdoor Gas Grill in Last Twelve Months, 2005 (U.S. adults age 25-39)
- Table 7-12: Generation X Traits Favoring Shopping at Ikea in Last Three Months, 2005 (U.S. adults age 25-39)
The Adults of Generation Y in the U.S.: Hitting the Demographic, Lifestyle and Marketing Mark
- Chapter 1: Executive Summary
-
- Scope and Methodology
- Scope of Report
- Report Methodology
- Gen Y Cohorts
- The Simmons Index System
- BIGresearch Data
- Market Overview
- Shared Sensibilities, From Tykes to Twenty-Somethings
- Market Focus: Gen Y Adults Age 18-29
- Gen Y Adults Number Approximately 40 Million
- Figure 1-1: Gen Y Adults by Age Cohort, 2007(percent and number of U.S. adults age 18-29)
- Gen Y Population Spread Across Marketing Regions
- Hispanics a Powerful, Growing Minority
- Multiculturalism Inspires Liberal Leanings
- Strong Belief in Money as a Measure of Success
- Not All Gen Yers Are College Bound
- Customized Options Help Define Personal Style
- Finances
- Inexperience, Debt Constitute Double Whammy
- Bank Accounts, Savings Levels Below Adult Average
- Personalized Financial Services Can Build Future Loyalty
- Confidence in Nation’s Economy Plunges
- Varying Parental Roles in Bill Payment Muddy Financial Waters
- Most College Consumers Still Rely On Mom and Dad
- College Consumers Spending at Record Levels
- Gen Y Attitudes About Debt and Money
- Media, Technology and Marketing
- Gen Y Worldview Integrates Self, Technology, Marketing
- Gen Y Use Technology, Media to Brand Themselves
- Mobile, Internet, Video Enable Daily Life
- Blogs, Social Networking, Video Sharing Pervade Online Activities
- Gen Yers Also Big on Online Shopping, Auctions, Product Research
- Nearly All Gen Y Adults Use Internet
- Tech Marketing Requires Intimate Understanding of Gen Y Values
- Video Offers Immediacy, Emotion, Interaction
- Visual Media Gaining Over Print
- Online Video Appeals Across Gen Y Segments
- Most Marketers Still Leery of Gen Y Marketing Techniques
- Eating In, Dining Out
- Long-Term Health Issues a Distant Concern
- On the Run Eating Enables Busy Lifestyles
- Organic, Natural, Eco-Friendly Earn Points
- Gourmet Tastes a Major Draw
- Exercise, Revving Metabolisms Compensate for Indulgence
- Dorm Living Can Pack On Pounds
- Busy Lives Preclude Regular Home Cooking
- Gas Prices Curtail Frequency of Dining Out
- Even In Groceries: Make It Cool, Eco-Friendly, Multi-Culti, Authentic
- Wellness, Work and Leisure
- Wellness a Given Among Gen Yers
- Today’s Experiences Trump Worry About Tomorrow
- Strong Undercurrent Intent on Keeping Youthful Appearance
- Wellness at Work: Nurturing the Whole Person
- For Millennials, Work Is About Being Wooed
- Extra Education Builds Self-Confidence, Skills
- Recruiting Requires Authentic Investment in Gen Y Values
- Regular Exercise Helps Offset Blasé Approach to Health Care
- Shopping Patterns Favor Electronics, Apparel
- Avid Gen Y Sports Enthusiasts Value Risk-Taking, Cool Stuff
- Action Sports a Major Niche, But Authenticity Stakes High
- Chapter 2: Market Overview
-
- Introduction
- Shared Sensibilities, From Tykes to Twenty-Somethings
- Market Focus: Gen Y Adults Age 18-29
- Market Segmentation: Two Age Cohorts, Four Educational/Job Training Cohorts
- Millennial Generation Echoes Qualities of Generations Past
- Demographics, Attitudes and Consumer Style
- Gen Y Adults Number Approximately 40 Million
- Figure 2-1: Gen Y Adults by Age Cohort, 2007 (percent and number of U.S. adults age 18-29)
- Gen Y Population Spread Across Marketing Regions
- Figure 2-2: Gen Y Adults by Marketing Region, 2007 (percent of U.S. adults age 18-29)
- Ethnic Diversity Underlines Need for Marketing Segmentation
- Hispanics a Powerful, Growing Minority
- Figure 2-3: Racial/Ethnic Composition of Gen Y Adults, 2007 (percent and number [000] of adults age 18-29)
- Multiculturalism Inspires Liberal Leanings
- Table 2-1: “We Should Strive for Equality for All”: Selected Gen Y Adult Segments, 2007 (percent and index of U.S. adults age 18-29)
- Young Adults May Form Next Political Powerhouse
- Figure 2-4: Percentage of Americans Registered to Vote: Overall and by Generational Cohort, 2007 (U.S. adults)
- Table 2-2: Political Party Affiliation by Percentage of Generational Cohort, 2007 (U.S. adults)
- Gen Y Irreverence Heats Up 2008 Presidential Campaign
- Low-Budget “Obama Girl” Video a Web-Wide Sensation
- Team Players Echo Values of Greatest Generation
- Strong Belief in Money as a Measure of Success
- Table 2-3: “Money Is the Best Measure of Success”: Selected High Index Gen Y Segments, 2007 (number, percent and index of U.S. adults age 18-29)
- Wealth and Fame Are Common Goals
- Social Networking, Reality TV Promise Instant Celebrity
- Desire to Shine Crosses Income, Educational Brackets
- Table 2-4: “I Like to Stand Out in a Crowd”: Highest Index Gen Y Segments, 2007 (percent and index of U.S. adults age 18-29)
- Customized Options Help Define Personal Style
- Demographic Diversity Correlates with Cultural Openness
- Table 2-5: Political Outlook Across Generational Cohorts, 2007 (percent of U.S. adults)
- Interracial Dating? No Big Deal
- Gay? Whatever
- Respect for Customs and Beliefs a Given
- Figure 2-5: “It’s Important to Respect Customs and Beliefs”: Gen Y Adults Overall and by Age Cohort, 2007 (percent and index of U.S. adults age 18-29)
- Hispanics, Low Income Brackets Strongly Support Cultural Respect
- Figure 2-6: “It’s Important to Respect Customs and Beliefs”: Highest Index Gen Y Segments, 2007 (percent and index of U.S. adults age 18-29)
- Figure 2-7: “It’s Important to Respect Customs and Beliefs”: Lowest Index Gen Y Segments, 2007 (percent and index of U.S. adults age 18-29)
- But “Respect” and “Customs” May Require Qualification
- Not All Gen Yers Are College Bound
- Table 2-6: Gen Y Adults by Educational/Job Training Cohort, 2007 (percent and number of U.S. adults age 18-29)
- Younger Cohort Most Likely to Be Full- or Part-Time Students
- Figure 2-8: Educational and Job Training Status: Gen Y Adults by Age Cohort, 2007 (number [000] of U.S. adults age 18-29)
- Vocational and Technical Training Offers Quick Road to Skilled Work, Decent Pay
- Vo-Tech Offers Affordable Substitute or Supplement to Pricey Four-Year College
- Substantial Gen Y Segment Holds High School Diploma or Less
- No College, No Vo-Tech Equates with Low Personal Income
- Gen Y Hispanics Outpace Adult Average with No College, No Vo-Tech Training
- Table 2-7: Indices for Educational/Job Training Status by Race/Ethnicity, 2007 (U.S. adults age 18-29)
- Behaviors, Attitudes, Preferences Differ Between College, Non-College Consumers
- Polarized Attitudes About Credibility of Advertising
- Novelty, Variety Draw Non-College Consumers
- Non-College Consumers Lay Down Extra Dollars for Green Products
- Table 2-8: Strongly Held Shopping-Related Attitudes Among Gen Y Adults: No College/ No Vo-Tech Background/Employed Full-Time vs. College Grad or More, 2007 (index of U.S. adults age 18-29)
- Gen Y Consumer Style Favors Authenticity, Participation, Instant Availability
- Marketing Tips
- 1. Be Real
- 2. Market to Communities, But Emphasize Individuality
- 3. Create Relationships with Consumer Segments
- 4. Research Segments 24/7
- 5. Word of Mouth: Let Them Discover You
- Table 2-9: Demographic Composition of Adults Age 18-29, 2007 (number, percent of total age 18-29 group, and index in relation to U.S. adults overall)
- Table 2-10: Demographic Composition of Full- or Part-Time College Students Age 18-29, 2007 (number, percent of total cohort, and index in relation to U.S. adults overall)
- Table 2-11: Demographic Composition of College Grads Age 18-29, 2007 (number, percent of total cohort, and index in relation to U.S. adults overall)
- Table 2-12: Demographic Composition of 18- to 29-Year-Olds Who Attended Specialty/Vocational-Technical School, 2007 (number, percent of total cohort, and index in relation to U.S. adults overall)
- Table 2-13: Demographic Composition of 18- to 29-Year-Olds Without College or Specialty/ Vo-Tech School Background, 2007 (number, percent of total cohort, and index in relation to U.S. adults overall)
- Chapter 3: Finances
- Inexperience, Debt Constitute Double Whammy
- But Future Earning Potential Is in the Trillions
- Bank Accounts, Savings Levels Below Adult Average
- Figure 3-1: Types of Bank Accounts Among Gen Y Adults, 2008 (percent and index of U.S. adults age 18-29)
- Generation Strives for Financial Success, Freedom
- Personalized Financial Services Can Build Future Loyalty
- Confidence in Nation’s Economy Plunges
- Table 3-1: Percentage of Adults Age 18-28 Who Are Confident or Very Confident About the Short-Term Prospects for the Economy: By Month, December 2007-June 2008
- Changing Situations, Tastes, Make Cohort Segmentation Tricky
- Varying Parental Roles in Bill Payment Muddy Financial Waters
- Figure 3-2: Percentage of Gen Y Adults Who Pay Their Bills Themselves: Overall and by Educational/Job Training Cohort, 2008 (U.S. adults age 18-29)
- Most College Consumers Still Rely On Mom and Dad
- Bill-Paying Methods Vary, But Online Transactions Gain
- Table 3-2: Bill Payment Methods Among Gen Y Adults: Overall and by Educational/Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- “Household,” Financial Lines Tend to Blur
- Table 3-3: Selected Strongly Held Attitudes About Personal Finance Among Gen Y College Students, 2008 (percent and index of U.S. adults age 18-29)
- College Consumers Spending at Record Levels
- On-Campus Discretionary Spending Also on the Rise
- Gen Y Attitudes About Debt and Money
- “Careful with Money” Not Exactly a Cohort Credo
- Figure 3-3: “I’m Careful with My Money”: Gen Y Adults Overall and by Age Cohort, 2008 (percent and index of U.S. adults age 18-29)
- Consumer “Empowerment” More About Attitude Than Actual Cash
- Some Hard-Up Co-Eds Opt for Local Food Bank
- Gen Y Goals, Perceptions Should Guide Financial Marketing Efforts
- Shaky Financial Position Curbs Spending
- Table 3-4: Changes in Spending Habits Over Past 6 Months Among Adults Age 18-28: January 2008 vs. June 2008 (percent)
- Table 3-5: Major Purchases Planned Within Next 6 Months: Adults Overall vs. Adults Age 18-28, June 2008 (percent of adults overall and percent and index of adults age 18-28)
- Naïveté, Consumerism Push Debt Levels Up
- Full-Time Workers Less Financially Confident Than College Students
- Figure 3-4: “I Feel Secure Financially”: Lowest Indexing Gen Y Adult Segments, 2008 (U.S. adults age 18-29)
- Confidence in Ability to Save Especially Low in Certain Segments
- Table 3-6: “I’m No Good at Saving Money”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Appearance of Financial Success Important to Low-Income, Non-College Segments
- Table 3-7: “I Like Other People to Think I’m a Financial Success”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Educational, Consumer Loans Ramp Up Financial Burden
- Figure 3-5: “I Feel Secure Financially”: Gen Y Adults Overall and by Age Cohort, 2008 (percent and index of U.S. adults age 18-29)
- Living At Home May Help Build Next Generation’s Nest Egg
- Table 3-8: Percentage of Annual Income Saved Over Last Year as of June 2008: Adults Overall vs. Adults Age 18-28 (index)
- Personalized Service and Technology-Based Options Crucial
- Technology Should Enable Personal Lifestyle Choices
- Emotional Connection, Self-Discovery Underlie Successful Campaigns
- Multifunctional Technologies Trigger Rewards, Customized Options, Community Solidarity
- Wachovia’s Campus Card: “Your Key to Student Life”
- Wachovia Remains Leery of Campus Credit Cards
- U.S. Bank’s OneCard Offers Student-Centric Rewards
- BofA’s “Keep the Change” Debit Card Encourages Savings
- Financial Alerts a Promising Feature
- Green Rewards, Social Responsibility Popular Across Card Types
- edo Interactive Launches Prepaid Facecard MasterCard
- Convenience, Personal Interests Drive Facecard Use
- Chase Plus One: Chase + Facebook = College + Credit
- Karma Points Reward Responsible Spending
- High Interest Rates a Bit Offputting
- PNC Bank’s Virtual Wallet: The iPod of Banking
- Low Costs, Calendar, Alerts, Account Tracker Home In On Gen Y Needs
- So Far No Chats, IM, Blogs, Email Support
- Entry Level Investments Tend Toward Equities, Mutual Funds
- Authenticity Remains a Major Challenge
- Youth-Oriented Thrasher Funds Give Hip Investing a Go
- But Is Thrasher Hype a Bit Too Hip?
- Table 3-9: Financial Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 3-10: Financial Patterns: Gen Y Adults by Educational/Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Chapter 4: Media, Technology and Marketing
- Gen Y Worldview Integrates Self, Technology, Marketing
- Gen Y Use Technology, Media to Brand Themselves
- Features Less Important Than Lifestyle Outcomes
- Mobile, Internet, Video Enable Daily Life
- Mobile Gen Y Out-Talks, Out-Downloads, Out-Plays Other Generations
- Blogs, Social Networking, Video Sharing Pervade Online Activities
- Gen Y Also Big on Online Shopping, Auctions, Product Research
- Table 4-1: Selected Online Shopping Activities In Last 30 Days: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Nearly All Gen Y Adults Use Internet
- College Education Not a Pre-requisite for Online Literacy
- Wireless Computing, Laptops Keep Cohort Mobile
- Table 4-2: Computer/Internet Use Activities: Gen Y Adults by Educational or Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Tech Marketing Requires Intimate Understanding of Gen Y Values
- Social Interaction Trumps Product Specs
- Nokia Mobile Taps Into Core Desires, Values
- Nokia Customization Empowers Gen Y Individuality
- Nokia Nseries Smartphone: It’s Not a Tool, It’s an Experience
- Event Sponsorship Showcases “Young Lions’” Creativity (and the Phone)
- Integrated Campaign Puts Gen Y In Control of Content
- Gen Y Looks to Tech to Empower Self-Image
- Quest for Personal Meaning Drives Passion for Media, Tech
- Ultimate Fear May Be Not Finding Their Own Passion
- Video Offers Immediacy, Emotion, Interaction
- Visual Media Gaining Over Print
- Video Drives Increasing Overlap Between Personal and Commercial; World of Warcraft Game Illustrates
- Interactivity, Product Extensions Keep Gaming Community Connected
- Majority of Gen Y Own or Play Video Games, Including Mainstream Demographics
- Table 4-3: Video Game Systems Owned or Played: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Problematic Economy Only Increases Video Games’ Appeal
- Good-Bye Old Stereotypes: Gamers More Social Than Non-Gamers
- By Educational Cohort, College Consumers Most Avid Gamers
- Traditional Core of Young Single Men Remain Hot for Video Games
- Figure 4-1: Strongly Held Attitudes Regarding Video Gaming Among Gen Y Males, 2008 (index of U.S. adults age 18-29)
- Table 4-4: “Video Games Are My Main Source of Entertainment”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Gen Y Men Likely to Prefer Gaming Over TV
- Deconstructing the Video-Game-Loving Gen Y Male
- Whites, Singles, Younger Cohort Often Spend More on Video Than Other Media
- Figure 4-2: “I Spend More Money on Video Games Than on Music or Movies”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Figure 4-3: “Don’t Mind if Video Game Characters Use a Brand Name Product”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Online Video Essential in Marketing to Young Men
- Online Video Appeals Across Gen Y Segments
- Entertaining Embedded Ads A-OK
- Table 4-5: “I Expect Advertising to Be Entertaining”: Highest Indexing Gen Y Segments, 2008 (percent and index of U.S. adults age 18-29)
- Heavy Video Viewers Want to Manage, Share Content
- Small Minority Dislike Advertising
- Table 4-6: “I Don’t Like Advertising In General”: Selected Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Hispanics, Non-College Segments Most Ad Friendly
- Table 4-7: Selected Strongly Held Attitudes About Advertising Among Gen Yers: Hispanics and Full-Time Employees with No College/Specialty Job Training, 2008 (percent and index of U.S. adults age 18-29)
- Full-Time Employed No College/Vo-Tech Segment Also Show Brand Enthusiasm
- TV Ads, Video Game and Movie Product Placement Garner Most Notice
- Table 4-8: Selected Strongly Held Gen Y Attitudes About Product Placement: Hispanics and Full-Time Employees With No College/Specialty Job Training, 2008 (percent and index of U.S. adults age 18-29)
- For Non-College Segments, Video Ads More Effective Than Print
- Gen Y Parents Open to Ads That Help Pick Products for Kids
- Table 4-9: Strongly Held Attitudes About Advertising: Gen Y Parents, 2008 (percent and index of U.S. adults age 18-29)
- Most Marketers Still Leery of Gen Y Marketing Techniques
- Social Media Provide Multi-Layered Branding Opportunities
- Fine Line Between Creating Community and Intruding Into Private Communication
- Let Consumers Find You, Create Online Communities in Your Space
- MTV’s The Hills Site Promotes Gossip, Fashion, Games
- Millennial Moms a Small But Strong Core of Social Networkers
- “Mom Tribes” Share Worries, Stories, Advice Online
- Suave, Sprint Partner to Create “In the MotherHood” Network
- Twenty-Something Moms Span Mainstream, Niche Networks
- Gen Y Control, Creativity, Community Are Your Marketing Guides
- Table 4-10: Computer/Internet Use Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 4-11: Computer/Internet Use Patterns: Gen Y Adults by Educational or Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Table 4-12: Print Media Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 4-13: Print Media Patterns: Gen Y Adults by Educational or Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Table 4-14: Patterns for Television, Video Games, Cell Phones and Other Consumer Electronics: Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 4-15: Patterns for Television, Video Games, Cell Phones and Other Consumer Electronics: Gen Y Adults by Educational or Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Chapter 5: Eating In, Dining Out
- Youthful Metabolisms Energize Personal, Social Goals
- Long-Term Health Issues a Distant Concern
- On the Run Eating Enables Busy Lifestyles
- Organic, Natural, Eco-Friendly Earn Points
- Gourmet Tastes a Major Draw
- Table 5-1: “I Try to Eat Gourmet Food Whenever I Can”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Fun Tastes, Fun Textures Trump Health Concerns
- Balanced Diet? Too Much Work
- Table 5-2: “I Try to Eat Healthy Food/Balanced Diet”: Selected Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Exercise, Revving Metabolisms Compensate for Indulgence
- Cooking for Fun
- Figure 5-1: “I Really Enjoy Cooking”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Figure 5-2: Cooking for Fun as Leisure Activity: Percentage of U.S. Adults Overall vs. Gen Y Adults Overall and By Educational/Job Training Cohort, 2008
- Kitchen Not Central to Existence
- Figure 5-3: “Kitchen Is Most Important Room in My House”: Selected Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Dorm Living Can Pack On Pounds
- Table 5-3: Strongly Held Attitudes About Food and Nutrition: Gen Y College Students, 2008 (percent and index of U.S. adults age 18-29)
- The Freshman 15: A Horrifying Specter
- Stress, Study, Socializing Encourage Extra Calories
- Busy Lives Preclude Regular Home Cooking
- Table 5-4: Selected Strongly Held Attitudes About Family/Home Life: Gen Y Singles, Marrieds and Parents, 2008 (index of U.S. adults age 18-29)
- Even Organic Lovers Opt for Indulgent, On-The-Go Snacks
- Mars, Venus Divided on Fast Food, Snacking, Cooking Preferences
- Table 5-5: Strongly Held Attitudes About Food and Nutrition: Gen Y Males vs. Gen Y Females, 2008 (index of U.S. adults age 18-29)
- Hispanic Gen Yers Strong Believers in Organic, Natural, Fresh
- Table 5-6: Strongly Held Attitudes About Food and Nutrition: Hispanic Gen Y Adults, 2008 (percent and index of U.S. adults age 18-29)
- Fattening Foods: No Problem
- Table 5-7: “There’s Nothing Wrong with Indulging in Fattening Foods”: Selected Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Fast Food Keeps the Lifestyle Wheels Greased
- Small Percentage of Hispanics Prefer Fast Food to Home Cooking
- Table 5-8: “Prefer Fast Food to Home Cooking”: Gen Y Adults, 2008 (percent and index of U.S. adults age 18-29)
- Hispanics, Singles, Men Most Likely to Believe Fast Food Helps Keep Them in Budget
- Table 5-9: “Eating Fast Food Helps Me Stay in Budget”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- McDonald’s Brand Still Reigns Supreme
- Majority of Gen Y Adults Patronize Golden Arches, At Least Occasionally
- Better-For-You Menu Items Leave Gen Y Cold
- White Castle Rolls Out “What You Crave”: Hip, Edgy and Digital
- “Crave Call” Campaign Combines Space Age with Slang-a-Licious
- In Casual Dining, Relaxed, Inexpensive Socializing Is the Goal
- Gas Prices Curtail Frequency of Dining Out
- Table 5-10: Percentage of Adults Age 18-28 Who Are Dining Out Less Frequently Because of Fluctuating Gas Prices: By Month, December 2007 - June 2008
- Figure 5-4: Percentage of Adults Age 18-28 Who Are Dining Out Less Frequently Because of Fluctuating Gas Prices: By Gender and Marital Status, June 2008
- Creative Urban Singles Find Wallet-Friendly Ways to Curb Hunger
- Family Restaurants Provide Predictable, Inexpensive Options
- TGI Friday’s Emphasizes Grown-Up Socializing, Rewards Cards
- Even In Groceries: Make It Cool, Eco-Friendly, Multi-Culti, Authentic
- Gen Y Likely to Spend $150 or More Per Week on Groceries
- College Consumers Spend More Than College Grads
- Premium Edibles, Especially Organics, Fill Luxury Gap
- Table 5-11: “When Shopping for Food, I Look for Organic/Natural Products”: Selected Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Socially Responsible Honest Tea “Gets Real”
- Spiking Gas Prices Make Continued High Spending Uncertain
- Table 5-12: Percentage of Adults Age 18-28 Who Are Spending Less on Groceries Because of Fluctuating Gas Prices: By Month, December 2007 - June 2008
- Figure 5-5: Reduced Spending on Groceries Because of Fluctuating Gas Prices Among Adults Age 18-28: By Gender and Marital Status, June 2008 (percent)
- Cost-Cutting May Encourage More Home Cooking
- Frozen Foods, Perishables, Private Label May See Spending Uptick
- Novel Treats Still Lure Sophisticated Taste Buds
- Figure 5-6: “I Like to Try Out New Food Products”: Highest Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Rachel’s Dairy Pushes “Wickedly Delicious” Yogurt
- Line Focused on Style and Function
- Probiotics, All-Natural Goodness Pass Authenticity Test
- Even In Snacks, Gen Y Looks for Zing, Fun, Customization
- Snap, Crackle, Sizzle, Crunch and Sip
- Table 5-13: Diet and Exercise Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 5-14: Diet and Exercise Patterns: Gen Y Adults by Educational/Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Table 5-15: Food Shopping and Restaurant Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 5-16: Food Shopping and Restaurant Patterns: Gen Y Adults by Educational/Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Chapter 6: Wellness, Work and Leisure
- Wellness a Given Among Gen Yers
- Wellness Represents a Marketing Bonanza
- Health, Wellness, Fitness Products Bring in Billions
- Today’s Experiences Trump Worry About Tomorrow
- Strong Undercurrent Intent on Keeping Youthful Appearance
- Figure 6-1: “It Is Important to Keep Young Looking”: Gen Y Adults Overall and by Age Cohort, 2008 (percent and index of U.S. adults age 18-29)
- Figure 6-2: “I Am Willing to Spend Whatever I Have To, To Look Younger”: Gen Y Adults Overall and by Age Cohort, 2008 (percent and index of U.S. adults age 18-29)
- Younger Gen Y Adults Especially Keen on Skincare
- Table 6-1: “I Am Willing to Spend What I Have To, To Look Younger”: Highest Indexing Gen Y Adults, 2008 (percent and index of U.S. adults age 18-29)
- Youth-Extending Skincare Equates with Pampering, Luxury
- Hispanic Gen Y Adults Place Premium on Youthful Appearance
- Figure 6-3: Selected Strongly Held Attitudes About Youth and Beauty: Hispanic Gen Y Adults, 2008 (percent and index of U.S. adults age 18-29)
- Table 6-2: “It Is Important to Keep Young Looking”: Selected Gen Y Segments, 2008 (percent and index of U.S. adults age 18-29)
- Women of Color, Celebrity Role Models Connect with Authenticity, Personal Style
- Garnier Trades on Sarah Jessica Parker’s Feminist Cred
- Gen Y Guys Also Willing to Spend on That Youthful Glow
- Figure 6-4: Strongly Held Attitudes on Youth and Beauty: Gen Y Men, 2008 (percent and index of U.S. adults age 18-29)
- Table 6-3: “It Is Important to Be Attractive to the Opposite Sex: Selected High Indexing Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- Man Spas Offer High-Priced Pampering, Grooming
- Skincare Feminism Ushers in Manly DIY Beauty Regimens
- Male Species, Naturally Man Make Male Beauty “Natural”
- Canadian 4VOO Pushes High-Performance Grooming
- Wellness at Work: Nurturing the Whole Person
- Work Is About Being Wooed
- Challenge, Novelty, Change Inspire Young Workers
- Extra Education Builds Self-Confidence, Skills
- Younger Cohort Especially Open to New Challenges
- Table 6-4: “I Like to Pursue Challenge, Novelty, Change”: Selected High Indexing Gen Y Segments, 2008 (percent and index of U.S. adults age 18-29)
- Millennial Love of the New Extends Beyond College Types
- A Desire to Be Appreciated
- Recruiting Requires Authentic Investment in Gen Y Values
- Travel, Volunteer Opportunities Attract Socially Conscious
- Voluntourism Excites Desire for Exotic Experiences That Help Others
- Ernst & Young’s Summer Internships Focus on Leadership
- Mentorship, Flexibility, Company Values Can Trump High Salary
- Health Insurance a Key Benefit for Young Employees
- Uninsured Cluster Among Millennials with No College, No Vo-Tech
- Table 6-5: Health-Related Insurance: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 6-6: Health Care Coverage by Educational/Job Training Cohort: Gen Y Adults, 2008 (percent of adults age 18-29)
- Some Choose Dream Job Over Insurance Coverage
- Short-Term or High-Deductible Plans Could Form Gen Y-Centric Niche
- Gen Y Wellness Emphasizes Pampering Over Preventive Care
- Figure 6-5: “I Have Regular Medical Check-Ups”: Gen Y Adults Overall and by Age Cohort, 2008 (percent of U.S. adults age 18-29)
- Hispanics Skew Highest for Regular Medical Check-ups
- Table 6-7: “I Have Regular Medical Check-Ups”: Selected Low Index Gen Y Segments (percent and index of U.S. adults age 18-29)
- Regular Exercise Helps Offset Blasé Approach to Health Care
- Table 6-8: Diet and Exercise Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- College Grads Outdo Other Educational Cohorts in Sports Participation
- Table 6-9: Exercise Patterns: Gen Y Adults by Educational or Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Workplace Wellness a Win-Win for Gen Yers, Employers
- Table 6-10: “I Should Exercise More Than I Do”: Selected Gen Y Adult Segments, 2008 (percent and index of U.S. adults age 18-29)
- “Exergaming” Offers Fun, Low-Cost Break
- Guest Experts and Edgy Exercises
- Subsidized Gym Memberships and Company Sports Teams
- Table 6-11: Sports Participation in Last 12 Months: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Echo Boomers Love to Include Their Parents
- Know Your Niche, Be Authentic
- Shopping Patterns Favor Electronics, Apparel
- Trendy, Youth-Oriented Apparel Brands Index High
- Abercrombie & Fitch: Lifestyle Brand Worships Beauty
- Figure 6-6: Highest Indexing Chain Stores Shopped by Gen Y Adults in Last Three Months, 2008 (index of U.S. adults age 18-29)
- Victoria’s Secret “Pink” Campaign Plays Up College, Music, Green
- Avid Gen Y Sports Enthusiasts Value Risk-Taking, Cool Stuff
- Figure 6-7: “I Enjoy Taking Risks”: Gen Y Adults Overall and by Age Cohort, 2008 (percent and index of U.S. adults age 18-29)
- Risk-Takers Mirror Segments That Seek Challenge, Novelty
- Table 6-12: “I Enjoy Taking Risks”: Highest Indexing Gen Y Segments, 2008 (percent and index of U.S. adults age 18-29)
- Do Risk-Takers Up-End Gen Y Reputation for Needing Structure, Guidance?
- Action Sports a Major Niche, But Authenticity Stakes High
- Brand-Sponsored Events, Community Crucial to Sports Marketers
- Mountain Dew Hammers Action Sports Tour
- Creativity Valued in Gen Y Work and Leisure Spaces
- Dancing, Clubbing, Bar Scene Offer Exciting Social Outlets
- Figure 6-8: “The Point of Drinking Is to Get Drunk”: Highest Indexing Gen Y Segments, 2008 (percent and index of U.S. adults age 18-29)
- Taste for Exotic, Creative Runs Strong in Drink Preferences
- Figure 6-9: “I Like to Try New Drinks”: Gen Y Adults Overall and by Age Cohort, 2008 (percent and index of U.S. adults age 18-29)
- “Green Fairy” of Absinthe Piques Gen Y Curiosity
- Belle Epoch, Myth Making and Body Paint
- Table 6-13: Leisure Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 6-14: Leisure Patterns: Gen Y Adults by Educational or Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Table 6-15: Travel Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 6-16: Travel Patterns: Gen Y Adults by Educational or Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
- Table 6-17: Shopping Patterns: Adults Overall vs. Gen Y Adults, 2008 (percent of U.S. adults overall and percent and index of adults age 18-29)
- Table 6-18: Shopping Patterns: Gen Y Adults by Educational or Job Training Cohort, 2008 (percent of U.S. adults age 18-29)
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Millennials in the U.S.: Trends and Opportunities Surrounding Gen-Y Adults
Babycare Supplies in the U.S.: Diapers, Bottles, Wipes and Feeding Accessories, 5th Edition
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