ENGAGE:AFFLUENT
by Alexis DeVilling on Jul 29, 3:20 PM
According to a 2014 survey, 70% of people who come from affluent households (total annual income >$200,000) own a smartphone. ExactTarget research indicates that 75% of smartphone users engage with social media on a daily basis.
ENGAGE:AFFLUENT
by Gregory J. Furman on Jul 22, 1:18 PM
Last month's column highlighted six of 'the dirty dozen' challenges/opportunities facing marketers of luxury products and services. Based on extensive conversations with top management and marketers of luxury brands, here's our last six.
ENGAGE:AFFLUENT
by Bob Shullman on Jul 1, 1:15 PM
Our previous column, "Luxury Purchasers: Who Are They and What Are Their Interests?," focused on our finding that luxury goes way deeper than the affluent market segment with household incomes of $75,000 or more. All luxury purchasers - adult consumers (18+ in age) who bought one or more luxury goods or services in the prior 12 months - constitute almost 20%, or about 46 million, of the 239 million adults in the United States. Luxury marketers would be correct in surmising that as household income increases, the proportion of luxury purchasers rises.
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