«With low penetration of eCommerce and social media by luxury peers, there is an opportunity to boost direct - to - consumer engagement, particularly as
younger consumers spend increasing amounts of time online,» says Louise Singlehurst, who covers the luxury goods and brand sector.
Not exact matches
Louis Vuitton sells plenty of goods in China, but now the core
consumers include
young office workers with
spending money who save up to buy the status symbol.
In majority, it is noticed that affluent audience of
young shoppers are using Polyvore outfits and are actually
spending 3 times more than an average
consumer
The campaign has been launched by Travelocity to raise its profile within the online dating industry — it especially targets
younger users, a
consumer group who
spend a lot on travel.
As a satire of the media and its craven
consumers, I, Tonya sprays its moral tirades and stylistic flourishes like buckshot, but after introducing the present - day, faux - documentary conceit that constantly warps and interrupts the proceedings, its narrative begins in the mold of an underdog sports story, with a
young Tonya (Mckenna Grace) discovering a love for the ice between days
spent chopping wood and reckoning with her parents» divorce.
National advertisers are discovering there a «captive audience» of
young but sophisticated
consumers — pre-teenagers and teenagers who not only have large amounts of discretionary income to
spend on themselves, but who also exert great influence on family purchases and are establishing buying patterns that may last well into adulthood.
Younger generations of
consumers spend more leisure time surfing the Internet or using high - tech products like video games and iPods, rather than reading.
If a larger, older population is
spending less and the
younger population is too small to drive up
consumer spending, weaker overall demand for products and services could restrain GDP growth and inflation over the long term.
Banks are noticing that
younger consumers have
spending power, and they are tailoring rewards cards to match the interests of the
younger generation.
The idea that employers should be allowed to require
young workers to work for free is a terrible one given that it damages economic growth, hurts
consumer spending, reduces the tax base, and places stress on the interns» families who often pay for their expenses during the internship.
Green added that
young adult
consumers are choosing to
spend their money on electronics subscriptions and smart devices, leaving less money for clothing and other traditional retail items.
They also factored in
consumer spending data, the quality of schools including high school graduation rates, and the amount and quality of local parks and activities geared towards
young children.