According to Scarborough Research, examining households planning holiday purchases of HDTVs, Smartphones and MP3 players, Best Buy and Walmart are neck-and-neck for household technology shopper penetration.
Scarborough's analysis of retail data shows that 40% of households planning purchases of HDTVs, Smartphones or MP3 players shopped Best Buy for home technology products during the past year, and:
Gary Meo, senior vice president of digital media services, Scarborough Research, notes that "... mass retailers, and even discount retailers... all are important in the home technology ecosystem... "
Scarborough Research focused its home technology shopper analysis on consumers planning HDTV, Smartphone or MP3 player purchases because the firm's data shows a sharp increase in household ownership of these items since 2007. During this timeframe HDTV tripled, Smartphones and MP3 Players doubled.
Technology Penetration (% of Households, except cell phone: Individual) | |||
Technology | 2007 Penetration | 2010 Penetration | % Increase |
HDTV | 16% | 48% | 200% |
Smartphone | 7 | 14 | 100 |
MP3 player | 18 | 36 | 100 |
Cell phone | 70 | 82 | 17 |
Monthly cell phone bill (over $150) | 5 | 10 | 100 |
Broadband (cable modem or DSL) | 45 | 61 | 36 |
DVR | 26 | 34 | 31 |
Source: Scarborough Research, November 2010 |
Mr. Meo points our the importance of localism in examining technology adoption: "... across 77 major local markets... local penetration households that own one or more MP3 players... range from a high of 53% in Salt Lake City to a low of 29% in Ft. Myers, Little Rock, West Palm Beach, and Harrisburg... localism is an important attribute when creating targeted marketing campaigns... "
Almost three-fourths of adults now access the Internet, as broadband penetration in the home has increased from 45% in 2007 to 61% in 2010.
10% of U.S. adults spent $150 or more monthly on cellular services in 2010.
When it comes to emerging digital trends and technologies, Scarborough plans to track adoption of several new technologies and services on a local and national basis. New measurements include:
Wireless phone feature usage: 51% of wireless users texted on their cell phones; 16% emailed; Nine% accessed a map or GPS navigation service
Please visit Scarborough Research here for additional information and the PDF file of the study.