Sentences with phrase «pets than millennials»

83 % of baby boomers and 82 % of greatest / silent generations reported more personal experience with mental health improvements from pets than millennials (62 %) and generation X (72 %)

Not exact matches

Millennials are aging into this group and getting more pets than previous generations.

Millennials were also twice as likely than Baby Boomers to buy clothing for their pets, a phenomenon Richter chalks up to the prevalence of social media.

Millennials cater more than other groups to their pets» comfort, and spend more money on non-essential pet items.

Student loan repayment assistance plans are more attractive to indebted Millennials than gym benefits, game rooms, pet sitting, and all the other new perks offered these days.

Stores can benefit from research about Millennial pet owners, but you'll need more than data to better understand their shopping habits.

Some of the key findings of The Millennialization of the Pet Industry — Retail's Opportunity to Reach the Pet - Obsessed Report include: Lots of Love • Most Millennial pet owners (65 percent) say it would be more stressful to be separated from their pet for a week than their cell phone.

Not surprisingly, Millennials uses social media more than any other generation, but they use pet product company websites less than any other group.

GfK MRI's research shows that Hispanic Millennial Pet Pamperers are more likely than the average pet owner to: • Be highly social shoppers.

The prevalence of this trend among Millennial consumers, in particular, could be problematic for pet stores this holiday season, considering that PwC's study indicates this demographic is expected to spend 30 percent more than the average pet owner on gifts for their companion animals.

Millennial pet owners are much more likely than other demographics to be tethered to their smartphones to compare offers, prices and products and to use mobile apps to get additional information at the point of sale.

According to the survey, which broke populations into age groups, those in the Gen X and Gen Y (or Millennial) groups tend to pamper and spend more on their pets than their parents and grandparents in the Boomer generation — the age group that started the humanization and indulging of pets.

With Millennials this tends to be the norm, as rentals tend to impose weight limits on pets, moving frequently is easier with a smaller pet, and smaller pets simply cost less than larger pets.

Discerning pet parents and millennials are more aware of product ingredients and benefits than previous generations.

«Millennials may be the largest generation segment of pet owners in general, but they also account for more than half of reptile, small animal and saltwater fish owners,» said Vetere.

However, ownership numbers might improve, Puro says, as millennials create new households and baby boomers keep their pets longer than aging adults once did.

What's more, given the fact that Millennials are more than likely to broadcast their experiences on the internet through social media and websites like Yelp, their distaste for a particular business is almost certain to be shared with friends, family and the rest of the community of pet owners that makes up your customer base.

25 % of millennials always talk to their veterinarians about the health benefits of pet ownership, more than generation X (16 %), baby boomers (6 %), or greatest / silent generation (4 %)

Nearly 2 in 3 (63 percent) millennial pet owners believe they know more about cats and / or dogs than pet store employees do.

The generation of millennials, in particular, is focusing on their pets much more than other generations.

Led by Millennials and Baby Boomers, who have the highest rates of pet ownership, there are more households with pets than households with kids.

For example, he says, 76 percent of Millennials say they are more willing to make impulse pampering purchases for their pets than for themselves, while only 50 percent of Baby Boomers say the same.

Hoffman adds that many pet owners, particularly Millennials, are willing to pay more for attractive products that suit their taste, rather than those that get the job done but lack visual appeal.

The firm noted four reasons why the growth will likely continue: an increase in the number of households with more than one pet, aging baby boomers getting pets, an increasing number of Hispanics and multicultural households getting pets, and Millennials seeing having a pet as «a good way to get ready to have a family,» according to the report.

For example, in his session on Pet Product Market Drivers, Packaged Facts» David Sprinkle noted that pet ownership rates among Millennials — and Generation X — are even higher than those among Baby Boomers — good news indeed.