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The Post-Recession Consumer in the U.S.

May 1, 2010


As consumer confidence and economic optimism slowly returned in the first half of
2010, marketers and market researchers differed sharply over whether the price-
conscious consumer who dominated the marketplace during the Great Recession would
prove to be a temporary aberration or a permanent fixture in the American economy.
This Packaged Facts report sifts through five years of Experian Simmons National
Consumer Study (NCS) data to follow the twists and turns in consumer confidence
before, during and in the immediate aftermath of the most severe economic downturn in
70 years. The report contrasts the attitudes and behavior of consumers on the highest
end of the Consumer Confidence Index of the Experian Simmons NCS (“Confident
Consumers”) with those on the lowest end (“Anxious Consumers”). By doing so, it
sheds light on the conflicted mindset of consumers as the recession loses its grip and
suggests how marketers might respond to their customers in an uncertain post-
recession economic environment.

The first chapter of the report tracks changes in consumer confidence between 2005
and 2009, provides in-depth insights into trends affecting the post-recession
environment in key areas such as price sensitivity and use of premium brands and
highlights key opportunities in the post-recession consumer market. The next chapters
contrast the demographics of Anxious and Confident Consumers today, analyze how
Confident and Anxious Consumers handle their personal finances and provide an
overview of their shopping and spending patterns. Subsequent chapters offer an in-
depth view of how Confident and Anxious Consumers shop in supermarkets and
drugstores and how they behave when shopping for the home. Another chapter offers
an extensive analysis of how Confident and Anxious Consumers spend leisure time,
including home entertainment, going out, and using the Internet and cellphones. The
final chapter focuses on Confident and Anxious Consumers in the fashion and
automotive sectors.

Read an excerpt from this report below.



Additional Information
Market Insights: A Selection From The Report



Consumer Confidence a Dynamic Phenomenon

One of the most striking findings of this Packaged Facts analysis of Experian Simmons
NCS consumer confidence data is that “consumer confidence” is a highly fluid concept.
From 2005 through 2009 there were tens millions of Americans who migrated in and out
of the ranks of Confident and Anxious Consumers. At the end of this period, the
demographic profile of Confident and Anxious Consumers had been dramatically
transformed.

Many Changes in Demographic Profile of Anxious and Confident Consumers

The demographic profile of Confident and Anxious Consumers changed radically during
the recession.

Compared to 2005, the Confident Consumer population base now includes a smaller
percentage of non-Hispanic whites (62% vs. 73%) and consequently a higher proportion
of multicultural consumers (38% vs. 27%).

The same period also saw a reversal in the political composition of Confident
Consumers. Whereas in 2005, only 24% were Democrats and 41% were Republicans,
by 2009 only 24% were Republicans and 41% were Democrats. The percentage of
political conservatives dropped from 45% to 33%, while those identifying as
conservative evangelical Christians declined from 38% to 31% of the Confident
Consumer segment.

Marketers Try to Redefine Meaning of Value in Unpredictable Post-Recession
Environment

Retailers and marketers are coming to grips with the need to reposition their brands in
the post-recession era. After surviving a period when they and their customers defined
value purely in terms of price, marketers are searching for strategies that transcend the
idea that the main benefit of buying their brands is to save money. A Macy’s executive
has noted that the retailer is “working to more clearly define Macy’s value to our
customers in a way that isn’t focused only on price,” and is concentrating on longer-term
strategic issues such as its localization program. A Kimberly-Clark Corp. executive has
pointed out the need to focus on innovation that is truly meaningful to customers. As
noted in Advertising Age (February 1, 2010), “A big part of the coming-out-of-recession
strategy lies in keeping the value messaging that worked so well in the downturn, but
now redefining the meaning of value. Whether it be through transitional messaging,
product mix or innovation, the bottom line of marketing your way out of the recession
boils down to honing your relationship with the consumer.”
Table of Contents

Chapter 1 Executive Summary
Background
     Introduction
     Overview of the Report
Scope and Methodology
     Scope of the Market
     Methodology
Trends and Opportunities
     Confident Consumers Begin to Return to the Marketplace
     The “New Frugality”: A Temporary Fad or a Permanent Condition?
     Post-Recession Consumers Remain Sensitive to Price
     Brand Names Continue to Appeal to Confident Consumers
     Increasing Reliance on Online Shopping Likely to Endure
     Hyperpartisan Political Environment Affects Confidence
     Marketers Try to Redefine Meaning of Value in Unpredictable Post-Recession
     Environment
     Confident Consumers Offer the Best Way Forward for Marketers
Personal Profile of Anxious and Confident Consumers
     Nearly 48 Million Consumers Categorized as Confident
     Younger Consumers Maintain Confidence, Older Consumers More Anxious
     Men in 45+ Age Group Most Likely to Be Anxious Consumers
     Multicultural Consumers More Confident
     Regional and Urban Differences Seen
     Marital Status Impacts Consumer Confidence
     Larger Households More Confident
     Education Creates Confident Consumers
     Job Switching Part of Confident Consumer Profile
     Managers and Professionals Dominate Confident Consumers
     Multiple Earners in Household Make for Confident Consumers
     Views of Life Mirror Level of Economic Confidence
     Political Orientation Affects Consumer Views
Managing Personal Finances
     Confident Consumers Are Careful with Their Money
     Anxious Consumers More Worried about Banks
     Confident Consumers Are Informed Buyers of Financial Services
     Anxious Consumers More Likely to Use Credit Cards
     Paying Bills Online Favored by Confident Consumers
     Confident Consumers Less Averse to Risk
     Anxious and Confident Consumers Equally Likely to Own Investments
     Savings Accounts More Popular with Confident Consumers
     Confident Consumers Have More Debt
Confident Consumers Have More High-Value Life Insurance Policies
Overview of Shopping Behavior
      Anxious Consumers Shop Less Often
      Confident Consumers See Shopping as Experience, Not a Chore
      New Stores Entice Confident Consumers
      Confident Consumers Look for Good Deals
      Brand Awareness Higher among Confident Consumers
      Confident Consumers Are Influencers
      Environmentally Friendly Companies Favored by Confident Consumers
      Anxious Consumers Prefer to Buy American
      Anxious Consumers Don’t Like Advertising
      Product Placement Works with Confident Consumers
      Anxious Consumers Like Cents-Off Coupons
      Manufacturers’ Incentive Offers Draw Attention from Confident Consumers
      Confident Consumers More Alert to In-Store Promotions and Advertising
      Confident Consumers Are Big Online Spenders
      Confident Consumers More Inclined to Buy Automobiles and Consumer
      Electronics
Shopping in Supermarkets and Drug Stores
      New Foods Entice Confident Consumers
      Frozen Dinners Get Nod from Anxious Consumers
      Anxious Consumers Less Interested in Grocery Shopping
      Little Difference in Use of Cents-Off Coupons in Supermarkets
      Confident Consumers More Alert to In-Store Promotions and Advertising
      Anxious Consumers Lean toward Store Brands in Supermarkets
      Confident Consumers Shop More Often in Drug Stores
      Store Brands More Popular with Anxious Consumers When in Drug Stores
Shopping for the Home
      New Consumer Electronics Products Lure Tech-Savvy Confident Consumers
      Confident Consumers More Likely to Shop in Consumer Electronics Stores
      Homes of Confident Consumers Filled with Electronics
      Big TVs Found in Confident Consumer Households
      Confident Consumers Spend More on Home Furnishings and Bed, Bath & Linens
      Household Appliance Purchases Similar
      Confident Consumers More Likely to Plan Home Remodeling Projects
      Similar Patterns in Shopping in Home Improvement Stores
How Confident and Anxious Consumers Spend Leisure Time
      Anxious and Confident Consumers Share Many Leisure Activities
      Anxious Consumers Less Involved with the Internet
      Confident Consumers Tied to the Internet
      Primetime Viewing Habits Differ
      Confident Consumers Turn Away from CDs to Downloads
      Bookstores Still Important
      Many Differences in Magazine Choices of Men in Anxious and Confident
      Consumer Segments
      Cellphones Vital Part of Lifestyle of Confident Consumers
Confident Consumers Go Out More
     Anxious and Confident Consumers Choose Same Family and Fast Food
     Restaurants
     Anxious Consumers Would Rather Stay in the U.S.
     Cruises Attract Anxious Consumers
Consumer Profiles: Fashion and Automotive
     Even Confident Consumers Cautious about Spending on Clothes
     Walmart and Target Top Choices for Anxious and Confident Consumers
     Store Brands of Women’s Lingerie More Popular among Anxious Consumers
     Multiple Vehicles Common in Both Anxious and Confident Consumer
     Households
     American Cars Get More Respect from Confident Consumers
     Anxious Consumers Dial Back Expectations
     Confident Consumers More Likely to Spend $30,000 or More for Cars
     New Car Purchases Planned by Confident Consumers

Chapter 2 Trends and Opportunities
The Return of the Confident Consumer
     Confident Consumers Begin to Return to the Marketplace
     Figure 2-1: Number of Anxious and Confident Consumers, Selected Time
     Periods 2005-2009
     Figure 2-2: Anxious and Confident Consumers as Percentages of the Adult
     Population, Selected Time Periods 2005-2009
     Higher-Income Consumers Start to Regain Confidence
     Table 2-1: Percent of Individuals with Employment Income and Household
     Income of $100,000 or More Classified as Anxious and Confident Consumers,
     Selected Time Periods 2005-2009
Trends in Post-Recession Consumer Attitudes
     The “New Frugality”: A Temporary Fad or a Permanent Condition?
     Post-Recession Consumers Remain Sensitive to Price
     Table 2-2: Attitudes toward Sales and Bargains, Anxious vs. Confident
     Consumers by Selected Time Periods 2005-2009
     Coupon Use on the Rise
     Figure 2-3: Percent Agreeing “Coupons Draw Me to Stores I Don’t Normally
     Shop,” Anxious vs. Confident Consumers by Selected Time Periods 2005-2009
     Brand Names Continue to Appeal to Confident Consumers
     Table 2-3: Attitudes toward Brand Names, Anxious vs. Confident Consumers by
     Selected Time Periods 2005-2009
     Table 2-4: Purchase of Store Brands for Items Tracked by Experian Simmons
     NCS, Anxious vs. Confident Consumers
     Consumers Express Mixed Feelings about Pursuing Quality
     Table 2-5: Attitudes toward Quality, Anxious vs. Confident Consumers by
     Selected Time Periods 2005-2009
     Increasing Reliance on Online Shopping Likely to Endure among Post-Recession
     Consumers
     Table 2-6: Trends in Shopping on the Internet, Anxious vs. Confident Consumers
     by Selected Time Periods 2005-2009
Shifts in Consumer Demographics during the Great Recession
       Consumer Confidence a Dynamic Phenomenon
       Many Changes in Demographic Profile of Anxious and Confident Consumers
       Figure 2-4: Percent of U.S. Adults Identifying as Conservative Christian
       Evangelicals Who Are Anxious or Confident Consumers
       Table 2-7: Profile of Confident Consumers by Selected Demographic
       Characteristics, Selected Time Periods 2005-2009
       Table 2-8: Profile of Anxious Consumers by Selected Demographic
       Characteristics, Selected Time Periods 2005-2009
       Hyperpartisan Political Environment Affects Consumer Confidence
       Table 2-9: Percent Classified as Anxious Consumers by Party Identification,
       Selected Time Periods 2005-2009
       Table 2-10: Percent Classified as Confident Consumers by Party Identification,
       Selected Time Periods 2005-2009
       Table 2-11: Percent Classified as Anxious Consumers by Political Orientation,
       Selected Time Periods 2005-2009
       Figure 2-5: Percent Classified as Anxious Consumers, “Very Conservative” vs.
       All Adults by Selected Time Periods 2005-2009
       Table 2-12: Percent Classified as Anxious Consumers by Race and Hispanic
       Origin, Selected Time Periods 2005-2009
       Table 2-13: Percent Classified as Confident Consumers by Race and Hispanic
       Origin, Selected Time Periods 2005-2009
Market Opportunities in the Post-Recession Era
       Marketers Try to Redefine Meaning of Value in Unpredictable Post-Recession
       Environment
       Competing across Categories Seen as Vital after the Recession
       Marketers Need to Acknowledge that Not All Post-Recession Consumers Are the
       Same
       Even Confident Consumers Remain Cautious
       Confident Consumers Still Offer the Best Way Forward for Marketers
       Table 2-14: Aggregate Income of Confident Consumer Households
       Table 2-15: Aggregate Income of Anxious Consumer Households

Chapter 3 Personal Profile of Anxious and Confident Consumers
Demographic Highlights
     Nearly 48 Million Consumers Categorized as Confident
     Table 3-1: Number of Anxious and Confident Consumers
     Younger Consumers Maintain Confidence, Older Consumers More Anxious
     Table 3-2: Anxious and Confident Consumers by Age Group
     Men in 45+ Age Group Most Likely to Be Anxious Consumers
     Figure 3-1: Percent Categorized as Anxious Consumers, Under-45 vs. 45-and-
     Over Age Groups
     Figure 3-2: Percent Categorized as Anxious Consumers by Gender and Detailed
     Age Groups
     Table 3-3: Anxious and Confident Consumers by Gender and Age Group
     Older Men More Likely to Face Long-Term Unemployment
Table 3-4: Unemployment Rate and Duration of Unemployment among Men by
       Age Group, 2009
       Multicultural Consumers More Confident
       Table 3-5: Race and Hispanic Origin, Anxious vs. Confident Consumers
       Regional and Urban Differences Seen
       Table 3-6: Region of Residence, Anxious vs. Confident Consumers
       Table 3-7: Percent Living in Metro Markets by Size and Region of Market,
       Anxious vs. Confident Consumers
       Marital Status Impacts Consumer Confidence
       Table 3-8: Marital Status, Anxious vs. Confident Consumers
       Larger Households More Confident
       Table 3-9: Size of Household and Presence of Children, Anxious vs. Confident
       Consumers
Employment and Income
       Education Creates Confident Consumers
       Table 3-10: Educational Achievement, Anxious vs. Confident Consumers
       Job Switching Part of Confident Consumer Profile
       Table 3-11: Job Experience in Last 12 Months, Anxious vs. Confident
       Consumers
       Managers and Professionals Dominate Confident Consumers
       Table 3-12: Employment Profile, Anxious vs. Confident Consumers
       Multiple Earners in Household Make for Confident Consumers
       Table 3-13: Number of Employed Adults in Household, Anxious vs. Confident
       Consumers
       Table 3-14: Household Income, Anxious vs. Confident Consumers
       Table 3-15: Employment Income, Anxious vs. Confident Consumers
       Homeownership Generates Anxiety
       Table 3-16: Homeownership Status, Anxious vs. Confident Consumers
Life Views of Anxious and Confident Consumers
       Views of Life Mirror Level of Economic Confidence
       Table 3-17: Attitudes toward Life, Anxious vs. Confident Consumers
       Political Orientation Affects Consumer Views
       Table 3-18: Political Profile, Anxious vs. Confident Consumers
       Table 3-19: Social and Religious Values, Anxious vs. Confident Consumers
       Memberships Highlight Differences between Anxious and Confident Consumers
       Figure 3-3: Percent Belonging to Any Membership Group, Anxious vs. Confident
       Consumers
       Table 3-20: Memberships, Anxious vs. Confident Consumers

Chapter 4 Managing Personal Finances
Overview
      Confident Consumers Are Careful with Their Money
      Table 4-1: Managing Personal Finances, Anxious vs. Confident Consumers
      Anxious Consumers More Worried about Banks
      Figure 4-1: Percent Uncomfortable Trusting Money to a Bank, Anxious vs.
      Confident Consumers
      Confident Consumers Are Informed Buyers of Financial Services
Table 4-2: Attitudes toward Financial Services, Anxious vs. Confident Consumers
      Anxious Consumers More Likely to Hire Tax Preparation Service
      Figure 4-2: Percent Preferring to Have Professional Prepare Taxes, Anxious vs.
      Confident Consumers
Use of Credit Cards
      Anxious Consumers More Likely to Use Credit Cards
      Table 4-3: Use of Credit Cards, Anxious vs. Confident Consumers
      ATM Cards More Popular with Confident Consumers
      Figure 4-3: Percent with ATM/Debit Card, Anxious vs. Confident Consumers
      Confident Consumers Pay Bills Online
      Table 4-4: Method Used to Pay Bills, Anxious vs. Confident Consumers
Banking and Investing
      Confident Consumers Less Averse to Risk
      Figure 4-4: Percent Agreeing that Investing in the Stock Market Is Too Risky,
      Anxious vs. Confident Consumers
      Anxious and Confident Consumers Equally Likely to Own Investments
      Table 4-5: Investments Owned, Anxious vs. Confident Consumers
      Confident Consumers More Likely to Have Savings Accounts
      Table 4-6: Banking and Investments, Anxious vs. Confident Consumers
      Confident Consumers Have More Debt
      Figure 4-5: Percent with Loans of Any Type, Anxious vs. Confident Consumers
      Table 4-7: Type of Loans, Anxious vs. Confident Consumers
Insurance
      Life Insurance Important to Confident Consumers
      Table 4-8: Attitudes toward Insurance, Anxious vs. Confident Consumers
      Confident Consumers Have More High-Value Life Insurance Policies
      Table 4-9: Ownership of Life Insurance, Anxious vs. Confident Consumers
      Homeowners Insurance More Common in Anxious Consumer Segment
      Table 4-10: Property and Vehicle Insurance, Anxious vs. Confident Consumers
      Health Insurance Varies
      Table 4-11: Ownership of Health Insurance, Anxious vs. Confident Consumers

Chapter 5 Overview of Shopping Behavior
Importance of Shopping
      Confident Consumers Like to Shop
      Table 5-1: Attitudes toward Shopping, Anxious vs. Confident Consumers
      Anxious Consumers Shop Less Often
      Figure 5-1: Percent Shopping in Department or Discount Store at least Seven
      Times in Last Four Weeks, Anxious vs. Confident Consumers
      Figure 5-2: Percent Visiting Shopping Mall in Last Four Weeks, Anxious vs.
      Confident Consumers
      Convenience Stores Attract Confident Consumers
      Table 5-2: Shopping in Convenience Stores in Last Four Weeks, Anxious vs.
      Confident Consumers
      Confident Consumers See Shopping as Experience, Not a Chore
      Table 5-3: Shopping Behavior, Anxious vs. Confident Consumers
      New Stores Entice Confident Consumers
Table 5-4: Shopping in New Stores, Anxious vs. Confident Consumers
      Confident Consumers on Quest for Quality
      Table 5-5: Attitudes toward Buying Quality, Anxious vs. Confident Consumers
      Confident Consumers Look for Good Deals
      Table 5-6: Attitudes toward Sales and Bargains, Anxious vs. Confident
      Consumers
      Brand Awareness Higher among Confident Consumers
      Table 5-7: Brand Awareness, Anxious vs. Confident Consumers
      Confident Consumers Are Influencers
      Table 5-8: Impact on Others’ Buying Decisions, Anxious vs. Confident
      Consumers
      Environmentally Friendly Companies Favored by Confident Consumers
      Table 5-9: Attitudes toward Going Green, Anxious vs. Confident Consumers
      Anxious Consumers Prefer to Buy American
      Figure 5-3: Percent Agreeing that They Buy Goods Produced by Own Country
      When They Can, Anxious vs. Confident Consumers
Impact of Advertising and Promotions
      Anxious Consumers Don’t Like Advertising
      Table 5-10: Attitudes toward Advertising, Anxious vs. Confident Consumers
      Out-of-Home Ads Work with Confident Consumers
      Table 5-11: Impact of Out-of-Home Advertising, Anxious vs. Confident
      Consumers
      Product Placement Works with Confident Consumers
      Table 5-12: Impact of Product Placement, Anxious vs. Confident Consumers
      Anxious Consumers Like Cents-Off Coupons
      Table 5-13: Use of Cents-Off Coupons, Anxious vs. Confident Consumers
      Manufacturers’ Incentive Offers Draw Attention from Confident Consumers
      Table 5-14: Use of Incentive Offers from Product Manufacturers, Anxious vs.
      Confident Consumers
      Confident Consumers More Alert to In-Store Promotions and Advertising
      Table 5-15: Impact of In-Store Promotions and Advertising, Anxious vs.
      Confident Consumers
Online and Catalog Shopping
      Confident Consumers Geared toward Online Shopping
      Table 5-16: Attitudes toward Online Shopping, Anxious vs. Confident Consumers
      Table 5-17: Online Activities in Last Seven Days (excluding email), Anxious vs.
      Confident Consumers
      Confident Consumers Are Big Online Spenders
      Table 5-18: Amount Spent on Internet in Last 12 Months, Anxious vs. Confident
      Consumers
      Confident Consumers See Cellphones as Shopping Tool
      Figure 5-4: Percent Interested in Using Cellphones for Store Purchases, Anxious
      vs. Confident Consumers
      Catalog Shopping Appeals to Both Segments
      Figure 5-5: Percent Buying Merchandise from Catalog in Last 12 Months,
      Anxious vs. Confident Consumers
Table 5-19: Catalog Shopping in Last 12 Months, Anxious vs. Confident
     Consumers
Purchasing Patterns
     Women More Likely to Be Primary Shoppers in Confident Consumer Households
     Table 5-20: Gender of Primary Shopper, Anxious vs. Confident Consumers
     Confident Consumers More Inclined to Buy Automobiles and Consumer
     Electronics
     Table 5-21: Products Bought in Last 12 Months, Anxious vs. Confident
     Consumers

Chapter 6 Shopping in Supermarkets and Drug Stores
Supermarkets and Food Stores
      New Foods Entice Confident Consumers
      Table 6-1: Attitudes toward Cooking at Home, Anxious vs. Confident Consumers
      Table 6-2: Attitudes toward Trying New Foods, Anxious vs. Confident Consumers
      Frozen Dinners Get Nod from Anxious Consumers
      Table 6-3: Attitudes toward Eating Store-Made Meals and Frozen Dinners,
      Anxious vs. Confident Consumers
      Anxious Consumers Less Interested in Grocery Shopping
      Figure 6-1: Percent Agreeing that “Shopping for Groceries Is a Bore,” Anxious vs.
      Confident Consumers
      Table 6-4: Number of times Shopped in Supermarkets and Food Stores in Last
      Four Weeks, Anxious vs. Confident Consumers
      Table 6-5: Average Amount Spent per Week in Supermarkets and Food Stores in
      Last Four Weeks, Anxious vs. Confident Consumers
      Little Difference in Use of Cents-Off Coupons in Supermarkets
      Table 6-6: Use of Cents-Off Coupons, Anxious vs. Confident Consumers
      Confident Consumers More Alert to In-Store Promotions and Advertising
      Table 6-7: Impact of In-Store Promotions and Advertising When Food Shopping,
      Anxious vs. Confident Consumers
      Anxious Consumers Lean toward Store Brands in Supermarkets
      Table 6-8: Overview of Purchase of Store Brands in Supermarkets, Anxious vs.
      Confident Consumers
      Table 6-9: Percent of Food Product Users Using Store Brands, Anxious vs.
      Confident Consumers
      Table 6-10: Percent Using Store Brands for Non-Food Items in Supermarkets,
      Anxious vs. Confident Consumers
Drug Stores
      Confident Consumers Shop More Often in Drug Stores
      Table 6-11: Drug Stores Shopped in Last Four Weeks, Anxious vs. Confident
      Consumers
      Confident Consumers Believe in Vitamins
      Table 6-12: Attitudes toward Vitamins, Anxious vs. Confident Consumers
      Store Brands More Popular with Anxious Consumers When in Drug Stores
      Figure 6-2: Percent Agreeing that Over-the-Counter Store Brands Work Just as
      Well as Advertised Brands, Anxious vs. Confident Consumers
Table 6-13: Percent Using Store Brands in Drug Stores, Anxious vs. Confident
      Consumers

Chapter 7 Shopping for the Home
Consumer Electronics
     New Consumer Electronics Products Lure Tech-Savvy Confident Consumers
     Table 7-1: Attitudes toward Consumer Electronics, Anxious vs. Confident
     Consumers
     Figure 7-1: Percent Buying Consumer Electronics Products in Last 12 Months,
     Anxious vs. Confident Consumers
     Figure 7-2: Percent Planning to Buy New Personal Computer in Future, Anxious
     vs. Confident Consumers
     Confident Consumers More Likely to Shop in Consumer Electronics Stores
     Table 7-2: Shopping in Consumer Electronics Stores, Anxious vs. Confident
     Consumers
     Table 7-3: Shopping in Office Supply/Computer Stores, Anxious vs. Confident
     Consumers
     Table 7-4: Place of Purchase of Selected Consumer Electronics Products,
     Anxious vs. Confident Consumers
     Homes of Confident Consumers Filled with Electronics
     Table 7-5: Ownership of Selected Consumer Electronics Products, Anxious vs.
     Confident Consumers
     Big TVs Found in Confident Consumer Households
     Table 7-6: Ownership of Television Sets, DVD Players and VCRs, Anxious vs.
     Confident Consumers
Home Furnishings
     Home Furnishings Shopping Habits Similar
     Table 7-7: Shopping in Home Furnishings Stores, Anxious vs. Confident
     Consumers
     Confident Consumers Spend More on Home Furnishings and Bed, Bath & Linens
     Table 7-8: Expenditures on Household Furnishings and Bed, Bath & Linens in
     Last 12 Months, Anxious vs. Confident Consumers
     Household Appliance Purchases Similar
     Figure 7-3: Percent Buying Major Household Appliance in Last 12 Months,
     Anxious vs. Confident Consumers
     Figure 7-4: Percent Buying Small/Countertop Appliance in Last 12 Months,
     Anxious vs. Confident Consumers
Home Improvement
     Major Home Remodeling Projects More Common among Confident Consumers
     Figure 7-5: Percent Carrying Out Any Home Remodeling Project, Anxious vs.
     Confident Consumers
     Table 7-9: Remodeling Kitchens and Bathrooms, Anxious vs. Confident
     Consumers
     Similar Patterns in Shopping in Home Improvement Stores
     Table 7-10: Shopping in Home Improvement Stores, Anxious vs. Confident
     Consumers
Chapter 8 How Confident and Anxious Consumers Spend Leisure Time
Overview
      Confident Consumers More Physically Fit
      Table 8-1: Physical Fitness Programs, Anxious vs. Confident Consumers
      Anxious and Confident Consumers Share Many Leisure Activities
      Table 8-2: Hobbies and Leisure Activities in Last 12 Months, Anxious vs.
      Confident Male Consumers
      Table 8-3: Hobbies and Leisure Activities in Last 12 Months, Anxious vs.
      Confident Female Consumers
Home Entertainment
      Anxious Consumers less Involved with the Internet
      Table 8-4: Impact of the Internet, Anxious vs. Confident Consumers
      Many Confident Consumers Tied to the Internet
      Table 8-5: Internet Usage at Home in Last Seven Days (excluding email),
      Anxious vs. Confident Consumers
      Table 8-6: Online Activities in Last Seven Days (excluding email), Anxious vs.
      Confident Consumers
      Video-on-Demand More Popular among Confident Consumers
      Table 8-7: Access to Cable Television, Anxious vs. Confident Consumers
      Table 8-8: Video-On-Demand Services, Anxious vs. Confident Consumers
      Primetime Viewing Habits Differ
      Table 8-9: Primetime Viewing, Anxious vs. Confident Consumers
      Confident Consumers Turn Away from CDs to Downloads
      Table 8-10: Purchase of Music in Last 12 Months, Anxious vs. Confident
      Consumers
      Bookstores Still Important
      Table 8-11: Purchase of Books in Last 12 Months, Anxious vs. Confident
      Consumers
      Women in Anxious Consumer Segment More Likely to Read Magazines
      Table 8-12: Most Popular Magazines, Anxious vs. Confident Female Consumers
      Many Differences in Magazine Choices of Men in Anxious and Confident
      Consumer Segments
      Table 8-13: Differences in Magazine Reading Habits, Anxious vs. Confident Male
      Consumers
      Table 8-14: Most Popular Magazines, Anxious vs. Confident Male Consumers
Staying in Touch with Family and Friends
      Cellphones Vital Part of Lifestyle of Confident Consumers
      Table 8-15: Attitudes toward Cellphones, Anxious vs. Confident Consumers
      Extra Features Important to Confident Consumers
      Table 8-16: Ownership and Use of Cellphones , Anxious vs. Confident
      Consumers
Going Out
      Confident Consumers Go Out More
      Table 8-17: Attendance at Live Entertainment Events in Last 12 Months, Anxious
      vs. Confident Consumers
      Movies Major Part of Entertainment Agenda for Confident Consumers
Table 8-18: Movie Attendance, Anxious vs. Confident Consumers
         Confident Consumers Frequent Users of Fast Food Outlets
         Table 8-19: Use of Family and Fast Food Restaurants in Last 30 Days, Anxious
         vs. Confident Consumers
         Anxious and Confident Consumers Choose Same Family and Fast Food
         Restaurants
         Table 8-20: Family Restaurants Visited Most, Anxious vs. Confident Consumers
         Table 8-21: Fast Food Restaurants Visited Most, Anxious vs. Confident
         Consumers
Travel
         Anxious Consumers Would Rather Stay in the U.S.
         Table 8-22: Attitudes toward Travel, Anxious vs. Confident Consumers
         Table 8-23: Foreign Travel, Anxious vs. Confident Consumers
         Anxious Consumers Travel Less Frequently
         Table 8-24: Domestic Travel, Anxious vs. Confident Consumers
         Confident Consumers Good Customers for Travel Service Providers
         Table 8-25: Use of Travel Services, Anxious vs. Confident Consumers
         Cruises Attract Anxious Consumers
         Table 8-26: Cruise Ship Vacations, Anxious vs. Confident Consumers

Chapter 9 Consumer Profiles: Fashion and Automotive
Fashion
      Confident Consumers Follow Fashion
      Table 9-1: Attitudes toward Fashion, Anxious vs. Confident Consumers
      Even Confident Consumers Cautious about Spending on Clothes
      Table 9-2: Attitudes toward Buying Clothes, Anxious vs. Confident Consumers
      Walmart and Target Top Choices for Anxious and Confident Consumers
      Table 9-3: Department/Discount Stores Shopped in Last Three Months, Anxious
      vs. Confident Consumers
      Store Brands of Women’s Lingerie More Popular among Anxious Consumers
      Table 9-4: Percent Buying Store Brands for Women’s Lingerie, Anxious vs.
      Confident Women Consumers
      Clothing Choices Analyzed
      Table 9-5: Men’s Apparel and Accessories Purchased in Last 12 Months by
      Anxious and Confident Male Consumers
      Table 9-6: Women’s Apparel and Accessories Purchased in Last 12 Months by
      Anxious and Confident Female Consumers
      Confident Consumers More Likely to Buy Watches
      Figure 9-1: Percent Buying Watch for Self or Others in Past 12 Months, Anxious
      vs. Confident Consumers
Automotive
      Multiple Vehicles Common in Both Anxious and Confident Consumer
      Households
      Table 9-7: Profile of Auto Owners, Anxious vs. Confident Consumers
      Confident Consumers Drive Fast
      Table 9-8: Attitudes toward Cars and Driving, Anxious vs. Confident Consumers
      Options Catch Eye of Confident Consumers
Table 9-9: Reasons for Buying Cars, Anxious vs. Confident Consumers
       American Cars Get More Respect from Confident Consumers
       Table 9-10: Attitudes toward Foreign and Domestic Cars, Anxious vs. Confident
       Consumers
       Anxious Consumers Dial Back Expectations
       Table 9-11: New and Used Cars, Anxious vs. Confident Consumers
       Confident Consumers More Likely to Spend $30,000 or More for Cars
       Table 9-12: Amount Spent and Method of Financing Most Recent Vehicle,
       Anxious vs. Confident Consumers
       Confident Consumers Plan New Car Purchases in Near Future
       Table 9-13: Next Vehicle Purchase, Anxious vs. Confident Consumers




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Post-Recession Consumer in the U.S., The

  • 1. Get more info on this report! The Post-Recession Consumer in the U.S. May 1, 2010 As consumer confidence and economic optimism slowly returned in the first half of 2010, marketers and market researchers differed sharply over whether the price- conscious consumer who dominated the marketplace during the Great Recession would prove to be a temporary aberration or a permanent fixture in the American economy. This Packaged Facts report sifts through five years of Experian Simmons National Consumer Study (NCS) data to follow the twists and turns in consumer confidence before, during and in the immediate aftermath of the most severe economic downturn in 70 years. The report contrasts the attitudes and behavior of consumers on the highest end of the Consumer Confidence Index of the Experian Simmons NCS (“Confident Consumers”) with those on the lowest end (“Anxious Consumers”). By doing so, it sheds light on the conflicted mindset of consumers as the recession loses its grip and suggests how marketers might respond to their customers in an uncertain post- recession economic environment. The first chapter of the report tracks changes in consumer confidence between 2005 and 2009, provides in-depth insights into trends affecting the post-recession environment in key areas such as price sensitivity and use of premium brands and highlights key opportunities in the post-recession consumer market. The next chapters contrast the demographics of Anxious and Confident Consumers today, analyze how Confident and Anxious Consumers handle their personal finances and provide an overview of their shopping and spending patterns. Subsequent chapters offer an in- depth view of how Confident and Anxious Consumers shop in supermarkets and drugstores and how they behave when shopping for the home. Another chapter offers an extensive analysis of how Confident and Anxious Consumers spend leisure time, including home entertainment, going out, and using the Internet and cellphones. The final chapter focuses on Confident and Anxious Consumers in the fashion and automotive sectors. Read an excerpt from this report below. Additional Information
  • 2. Market Insights: A Selection From The Report Consumer Confidence a Dynamic Phenomenon One of the most striking findings of this Packaged Facts analysis of Experian Simmons NCS consumer confidence data is that “consumer confidence” is a highly fluid concept. From 2005 through 2009 there were tens millions of Americans who migrated in and out of the ranks of Confident and Anxious Consumers. At the end of this period, the demographic profile of Confident and Anxious Consumers had been dramatically transformed. Many Changes in Demographic Profile of Anxious and Confident Consumers The demographic profile of Confident and Anxious Consumers changed radically during the recession. Compared to 2005, the Confident Consumer population base now includes a smaller percentage of non-Hispanic whites (62% vs. 73%) and consequently a higher proportion of multicultural consumers (38% vs. 27%). The same period also saw a reversal in the political composition of Confident Consumers. Whereas in 2005, only 24% were Democrats and 41% were Republicans, by 2009 only 24% were Republicans and 41% were Democrats. The percentage of political conservatives dropped from 45% to 33%, while those identifying as conservative evangelical Christians declined from 38% to 31% of the Confident Consumer segment. Marketers Try to Redefine Meaning of Value in Unpredictable Post-Recession Environment Retailers and marketers are coming to grips with the need to reposition their brands in the post-recession era. After surviving a period when they and their customers defined value purely in terms of price, marketers are searching for strategies that transcend the idea that the main benefit of buying their brands is to save money. A Macy’s executive has noted that the retailer is “working to more clearly define Macy’s value to our customers in a way that isn’t focused only on price,” and is concentrating on longer-term strategic issues such as its localization program. A Kimberly-Clark Corp. executive has pointed out the need to focus on innovation that is truly meaningful to customers. As noted in Advertising Age (February 1, 2010), “A big part of the coming-out-of-recession strategy lies in keeping the value messaging that worked so well in the downturn, but now redefining the meaning of value. Whether it be through transitional messaging, product mix or innovation, the bottom line of marketing your way out of the recession boils down to honing your relationship with the consumer.”
  • 3. Table of Contents Chapter 1 Executive Summary Background Introduction Overview of the Report Scope and Methodology Scope of the Market Methodology Trends and Opportunities Confident Consumers Begin to Return to the Marketplace The “New Frugality”: A Temporary Fad or a Permanent Condition? Post-Recession Consumers Remain Sensitive to Price Brand Names Continue to Appeal to Confident Consumers Increasing Reliance on Online Shopping Likely to Endure Hyperpartisan Political Environment Affects Confidence Marketers Try to Redefine Meaning of Value in Unpredictable Post-Recession Environment Confident Consumers Offer the Best Way Forward for Marketers Personal Profile of Anxious and Confident Consumers Nearly 48 Million Consumers Categorized as Confident Younger Consumers Maintain Confidence, Older Consumers More Anxious Men in 45+ Age Group Most Likely to Be Anxious Consumers Multicultural Consumers More Confident Regional and Urban Differences Seen Marital Status Impacts Consumer Confidence Larger Households More Confident Education Creates Confident Consumers Job Switching Part of Confident Consumer Profile Managers and Professionals Dominate Confident Consumers Multiple Earners in Household Make for Confident Consumers Views of Life Mirror Level of Economic Confidence Political Orientation Affects Consumer Views Managing Personal Finances Confident Consumers Are Careful with Their Money Anxious Consumers More Worried about Banks Confident Consumers Are Informed Buyers of Financial Services Anxious Consumers More Likely to Use Credit Cards Paying Bills Online Favored by Confident Consumers Confident Consumers Less Averse to Risk Anxious and Confident Consumers Equally Likely to Own Investments Savings Accounts More Popular with Confident Consumers Confident Consumers Have More Debt
  • 4. Confident Consumers Have More High-Value Life Insurance Policies Overview of Shopping Behavior Anxious Consumers Shop Less Often Confident Consumers See Shopping as Experience, Not a Chore New Stores Entice Confident Consumers Confident Consumers Look for Good Deals Brand Awareness Higher among Confident Consumers Confident Consumers Are Influencers Environmentally Friendly Companies Favored by Confident Consumers Anxious Consumers Prefer to Buy American Anxious Consumers Don’t Like Advertising Product Placement Works with Confident Consumers Anxious Consumers Like Cents-Off Coupons Manufacturers’ Incentive Offers Draw Attention from Confident Consumers Confident Consumers More Alert to In-Store Promotions and Advertising Confident Consumers Are Big Online Spenders Confident Consumers More Inclined to Buy Automobiles and Consumer Electronics Shopping in Supermarkets and Drug Stores New Foods Entice Confident Consumers Frozen Dinners Get Nod from Anxious Consumers Anxious Consumers Less Interested in Grocery Shopping Little Difference in Use of Cents-Off Coupons in Supermarkets Confident Consumers More Alert to In-Store Promotions and Advertising Anxious Consumers Lean toward Store Brands in Supermarkets Confident Consumers Shop More Often in Drug Stores Store Brands More Popular with Anxious Consumers When in Drug Stores Shopping for the Home New Consumer Electronics Products Lure Tech-Savvy Confident Consumers Confident Consumers More Likely to Shop in Consumer Electronics Stores Homes of Confident Consumers Filled with Electronics Big TVs Found in Confident Consumer Households Confident Consumers Spend More on Home Furnishings and Bed, Bath & Linens Household Appliance Purchases Similar Confident Consumers More Likely to Plan Home Remodeling Projects Similar Patterns in Shopping in Home Improvement Stores How Confident and Anxious Consumers Spend Leisure Time Anxious and Confident Consumers Share Many Leisure Activities Anxious Consumers Less Involved with the Internet Confident Consumers Tied to the Internet Primetime Viewing Habits Differ Confident Consumers Turn Away from CDs to Downloads Bookstores Still Important Many Differences in Magazine Choices of Men in Anxious and Confident Consumer Segments Cellphones Vital Part of Lifestyle of Confident Consumers
  • 5. Confident Consumers Go Out More Anxious and Confident Consumers Choose Same Family and Fast Food Restaurants Anxious Consumers Would Rather Stay in the U.S. Cruises Attract Anxious Consumers Consumer Profiles: Fashion and Automotive Even Confident Consumers Cautious about Spending on Clothes Walmart and Target Top Choices for Anxious and Confident Consumers Store Brands of Women’s Lingerie More Popular among Anxious Consumers Multiple Vehicles Common in Both Anxious and Confident Consumer Households American Cars Get More Respect from Confident Consumers Anxious Consumers Dial Back Expectations Confident Consumers More Likely to Spend $30,000 or More for Cars New Car Purchases Planned by Confident Consumers Chapter 2 Trends and Opportunities The Return of the Confident Consumer Confident Consumers Begin to Return to the Marketplace Figure 2-1: Number of Anxious and Confident Consumers, Selected Time Periods 2005-2009 Figure 2-2: Anxious and Confident Consumers as Percentages of the Adult Population, Selected Time Periods 2005-2009 Higher-Income Consumers Start to Regain Confidence Table 2-1: Percent of Individuals with Employment Income and Household Income of $100,000 or More Classified as Anxious and Confident Consumers, Selected Time Periods 2005-2009 Trends in Post-Recession Consumer Attitudes The “New Frugality”: A Temporary Fad or a Permanent Condition? Post-Recession Consumers Remain Sensitive to Price Table 2-2: Attitudes toward Sales and Bargains, Anxious vs. Confident Consumers by Selected Time Periods 2005-2009 Coupon Use on the Rise Figure 2-3: Percent Agreeing “Coupons Draw Me to Stores I Don’t Normally Shop,” Anxious vs. Confident Consumers by Selected Time Periods 2005-2009 Brand Names Continue to Appeal to Confident Consumers Table 2-3: Attitudes toward Brand Names, Anxious vs. Confident Consumers by Selected Time Periods 2005-2009 Table 2-4: Purchase of Store Brands for Items Tracked by Experian Simmons NCS, Anxious vs. Confident Consumers Consumers Express Mixed Feelings about Pursuing Quality Table 2-5: Attitudes toward Quality, Anxious vs. Confident Consumers by Selected Time Periods 2005-2009 Increasing Reliance on Online Shopping Likely to Endure among Post-Recession Consumers Table 2-6: Trends in Shopping on the Internet, Anxious vs. Confident Consumers by Selected Time Periods 2005-2009
  • 6. Shifts in Consumer Demographics during the Great Recession Consumer Confidence a Dynamic Phenomenon Many Changes in Demographic Profile of Anxious and Confident Consumers Figure 2-4: Percent of U.S. Adults Identifying as Conservative Christian Evangelicals Who Are Anxious or Confident Consumers Table 2-7: Profile of Confident Consumers by Selected Demographic Characteristics, Selected Time Periods 2005-2009 Table 2-8: Profile of Anxious Consumers by Selected Demographic Characteristics, Selected Time Periods 2005-2009 Hyperpartisan Political Environment Affects Consumer Confidence Table 2-9: Percent Classified as Anxious Consumers by Party Identification, Selected Time Periods 2005-2009 Table 2-10: Percent Classified as Confident Consumers by Party Identification, Selected Time Periods 2005-2009 Table 2-11: Percent Classified as Anxious Consumers by Political Orientation, Selected Time Periods 2005-2009 Figure 2-5: Percent Classified as Anxious Consumers, “Very Conservative” vs. All Adults by Selected Time Periods 2005-2009 Table 2-12: Percent Classified as Anxious Consumers by Race and Hispanic Origin, Selected Time Periods 2005-2009 Table 2-13: Percent Classified as Confident Consumers by Race and Hispanic Origin, Selected Time Periods 2005-2009 Market Opportunities in the Post-Recession Era Marketers Try to Redefine Meaning of Value in Unpredictable Post-Recession Environment Competing across Categories Seen as Vital after the Recession Marketers Need to Acknowledge that Not All Post-Recession Consumers Are the Same Even Confident Consumers Remain Cautious Confident Consumers Still Offer the Best Way Forward for Marketers Table 2-14: Aggregate Income of Confident Consumer Households Table 2-15: Aggregate Income of Anxious Consumer Households Chapter 3 Personal Profile of Anxious and Confident Consumers Demographic Highlights Nearly 48 Million Consumers Categorized as Confident Table 3-1: Number of Anxious and Confident Consumers Younger Consumers Maintain Confidence, Older Consumers More Anxious Table 3-2: Anxious and Confident Consumers by Age Group Men in 45+ Age Group Most Likely to Be Anxious Consumers Figure 3-1: Percent Categorized as Anxious Consumers, Under-45 vs. 45-and- Over Age Groups Figure 3-2: Percent Categorized as Anxious Consumers by Gender and Detailed Age Groups Table 3-3: Anxious and Confident Consumers by Gender and Age Group Older Men More Likely to Face Long-Term Unemployment
  • 7. Table 3-4: Unemployment Rate and Duration of Unemployment among Men by Age Group, 2009 Multicultural Consumers More Confident Table 3-5: Race and Hispanic Origin, Anxious vs. Confident Consumers Regional and Urban Differences Seen Table 3-6: Region of Residence, Anxious vs. Confident Consumers Table 3-7: Percent Living in Metro Markets by Size and Region of Market, Anxious vs. Confident Consumers Marital Status Impacts Consumer Confidence Table 3-8: Marital Status, Anxious vs. Confident Consumers Larger Households More Confident Table 3-9: Size of Household and Presence of Children, Anxious vs. Confident Consumers Employment and Income Education Creates Confident Consumers Table 3-10: Educational Achievement, Anxious vs. Confident Consumers Job Switching Part of Confident Consumer Profile Table 3-11: Job Experience in Last 12 Months, Anxious vs. Confident Consumers Managers and Professionals Dominate Confident Consumers Table 3-12: Employment Profile, Anxious vs. Confident Consumers Multiple Earners in Household Make for Confident Consumers Table 3-13: Number of Employed Adults in Household, Anxious vs. Confident Consumers Table 3-14: Household Income, Anxious vs. Confident Consumers Table 3-15: Employment Income, Anxious vs. Confident Consumers Homeownership Generates Anxiety Table 3-16: Homeownership Status, Anxious vs. Confident Consumers Life Views of Anxious and Confident Consumers Views of Life Mirror Level of Economic Confidence Table 3-17: Attitudes toward Life, Anxious vs. Confident Consumers Political Orientation Affects Consumer Views Table 3-18: Political Profile, Anxious vs. Confident Consumers Table 3-19: Social and Religious Values, Anxious vs. Confident Consumers Memberships Highlight Differences between Anxious and Confident Consumers Figure 3-3: Percent Belonging to Any Membership Group, Anxious vs. Confident Consumers Table 3-20: Memberships, Anxious vs. Confident Consumers Chapter 4 Managing Personal Finances Overview Confident Consumers Are Careful with Their Money Table 4-1: Managing Personal Finances, Anxious vs. Confident Consumers Anxious Consumers More Worried about Banks Figure 4-1: Percent Uncomfortable Trusting Money to a Bank, Anxious vs. Confident Consumers Confident Consumers Are Informed Buyers of Financial Services
  • 8. Table 4-2: Attitudes toward Financial Services, Anxious vs. Confident Consumers Anxious Consumers More Likely to Hire Tax Preparation Service Figure 4-2: Percent Preferring to Have Professional Prepare Taxes, Anxious vs. Confident Consumers Use of Credit Cards Anxious Consumers More Likely to Use Credit Cards Table 4-3: Use of Credit Cards, Anxious vs. Confident Consumers ATM Cards More Popular with Confident Consumers Figure 4-3: Percent with ATM/Debit Card, Anxious vs. Confident Consumers Confident Consumers Pay Bills Online Table 4-4: Method Used to Pay Bills, Anxious vs. Confident Consumers Banking and Investing Confident Consumers Less Averse to Risk Figure 4-4: Percent Agreeing that Investing in the Stock Market Is Too Risky, Anxious vs. Confident Consumers Anxious and Confident Consumers Equally Likely to Own Investments Table 4-5: Investments Owned, Anxious vs. Confident Consumers Confident Consumers More Likely to Have Savings Accounts Table 4-6: Banking and Investments, Anxious vs. Confident Consumers Confident Consumers Have More Debt Figure 4-5: Percent with Loans of Any Type, Anxious vs. Confident Consumers Table 4-7: Type of Loans, Anxious vs. Confident Consumers Insurance Life Insurance Important to Confident Consumers Table 4-8: Attitudes toward Insurance, Anxious vs. Confident Consumers Confident Consumers Have More High-Value Life Insurance Policies Table 4-9: Ownership of Life Insurance, Anxious vs. Confident Consumers Homeowners Insurance More Common in Anxious Consumer Segment Table 4-10: Property and Vehicle Insurance, Anxious vs. Confident Consumers Health Insurance Varies Table 4-11: Ownership of Health Insurance, Anxious vs. Confident Consumers Chapter 5 Overview of Shopping Behavior Importance of Shopping Confident Consumers Like to Shop Table 5-1: Attitudes toward Shopping, Anxious vs. Confident Consumers Anxious Consumers Shop Less Often Figure 5-1: Percent Shopping in Department or Discount Store at least Seven Times in Last Four Weeks, Anxious vs. Confident Consumers Figure 5-2: Percent Visiting Shopping Mall in Last Four Weeks, Anxious vs. Confident Consumers Convenience Stores Attract Confident Consumers Table 5-2: Shopping in Convenience Stores in Last Four Weeks, Anxious vs. Confident Consumers Confident Consumers See Shopping as Experience, Not a Chore Table 5-3: Shopping Behavior, Anxious vs. Confident Consumers New Stores Entice Confident Consumers
  • 9. Table 5-4: Shopping in New Stores, Anxious vs. Confident Consumers Confident Consumers on Quest for Quality Table 5-5: Attitudes toward Buying Quality, Anxious vs. Confident Consumers Confident Consumers Look for Good Deals Table 5-6: Attitudes toward Sales and Bargains, Anxious vs. Confident Consumers Brand Awareness Higher among Confident Consumers Table 5-7: Brand Awareness, Anxious vs. Confident Consumers Confident Consumers Are Influencers Table 5-8: Impact on Others’ Buying Decisions, Anxious vs. Confident Consumers Environmentally Friendly Companies Favored by Confident Consumers Table 5-9: Attitudes toward Going Green, Anxious vs. Confident Consumers Anxious Consumers Prefer to Buy American Figure 5-3: Percent Agreeing that They Buy Goods Produced by Own Country When They Can, Anxious vs. Confident Consumers Impact of Advertising and Promotions Anxious Consumers Don’t Like Advertising Table 5-10: Attitudes toward Advertising, Anxious vs. Confident Consumers Out-of-Home Ads Work with Confident Consumers Table 5-11: Impact of Out-of-Home Advertising, Anxious vs. Confident Consumers Product Placement Works with Confident Consumers Table 5-12: Impact of Product Placement, Anxious vs. Confident Consumers Anxious Consumers Like Cents-Off Coupons Table 5-13: Use of Cents-Off Coupons, Anxious vs. Confident Consumers Manufacturers’ Incentive Offers Draw Attention from Confident Consumers Table 5-14: Use of Incentive Offers from Product Manufacturers, Anxious vs. Confident Consumers Confident Consumers More Alert to In-Store Promotions and Advertising Table 5-15: Impact of In-Store Promotions and Advertising, Anxious vs. Confident Consumers Online and Catalog Shopping Confident Consumers Geared toward Online Shopping Table 5-16: Attitudes toward Online Shopping, Anxious vs. Confident Consumers Table 5-17: Online Activities in Last Seven Days (excluding email), Anxious vs. Confident Consumers Confident Consumers Are Big Online Spenders Table 5-18: Amount Spent on Internet in Last 12 Months, Anxious vs. Confident Consumers Confident Consumers See Cellphones as Shopping Tool Figure 5-4: Percent Interested in Using Cellphones for Store Purchases, Anxious vs. Confident Consumers Catalog Shopping Appeals to Both Segments Figure 5-5: Percent Buying Merchandise from Catalog in Last 12 Months, Anxious vs. Confident Consumers
  • 10. Table 5-19: Catalog Shopping in Last 12 Months, Anxious vs. Confident Consumers Purchasing Patterns Women More Likely to Be Primary Shoppers in Confident Consumer Households Table 5-20: Gender of Primary Shopper, Anxious vs. Confident Consumers Confident Consumers More Inclined to Buy Automobiles and Consumer Electronics Table 5-21: Products Bought in Last 12 Months, Anxious vs. Confident Consumers Chapter 6 Shopping in Supermarkets and Drug Stores Supermarkets and Food Stores New Foods Entice Confident Consumers Table 6-1: Attitudes toward Cooking at Home, Anxious vs. Confident Consumers Table 6-2: Attitudes toward Trying New Foods, Anxious vs. Confident Consumers Frozen Dinners Get Nod from Anxious Consumers Table 6-3: Attitudes toward Eating Store-Made Meals and Frozen Dinners, Anxious vs. Confident Consumers Anxious Consumers Less Interested in Grocery Shopping Figure 6-1: Percent Agreeing that “Shopping for Groceries Is a Bore,” Anxious vs. Confident Consumers Table 6-4: Number of times Shopped in Supermarkets and Food Stores in Last Four Weeks, Anxious vs. Confident Consumers Table 6-5: Average Amount Spent per Week in Supermarkets and Food Stores in Last Four Weeks, Anxious vs. Confident Consumers Little Difference in Use of Cents-Off Coupons in Supermarkets Table 6-6: Use of Cents-Off Coupons, Anxious vs. Confident Consumers Confident Consumers More Alert to In-Store Promotions and Advertising Table 6-7: Impact of In-Store Promotions and Advertising When Food Shopping, Anxious vs. Confident Consumers Anxious Consumers Lean toward Store Brands in Supermarkets Table 6-8: Overview of Purchase of Store Brands in Supermarkets, Anxious vs. Confident Consumers Table 6-9: Percent of Food Product Users Using Store Brands, Anxious vs. Confident Consumers Table 6-10: Percent Using Store Brands for Non-Food Items in Supermarkets, Anxious vs. Confident Consumers Drug Stores Confident Consumers Shop More Often in Drug Stores Table 6-11: Drug Stores Shopped in Last Four Weeks, Anxious vs. Confident Consumers Confident Consumers Believe in Vitamins Table 6-12: Attitudes toward Vitamins, Anxious vs. Confident Consumers Store Brands More Popular with Anxious Consumers When in Drug Stores Figure 6-2: Percent Agreeing that Over-the-Counter Store Brands Work Just as Well as Advertised Brands, Anxious vs. Confident Consumers
  • 11. Table 6-13: Percent Using Store Brands in Drug Stores, Anxious vs. Confident Consumers Chapter 7 Shopping for the Home Consumer Electronics New Consumer Electronics Products Lure Tech-Savvy Confident Consumers Table 7-1: Attitudes toward Consumer Electronics, Anxious vs. Confident Consumers Figure 7-1: Percent Buying Consumer Electronics Products in Last 12 Months, Anxious vs. Confident Consumers Figure 7-2: Percent Planning to Buy New Personal Computer in Future, Anxious vs. Confident Consumers Confident Consumers More Likely to Shop in Consumer Electronics Stores Table 7-2: Shopping in Consumer Electronics Stores, Anxious vs. Confident Consumers Table 7-3: Shopping in Office Supply/Computer Stores, Anxious vs. Confident Consumers Table 7-4: Place of Purchase of Selected Consumer Electronics Products, Anxious vs. Confident Consumers Homes of Confident Consumers Filled with Electronics Table 7-5: Ownership of Selected Consumer Electronics Products, Anxious vs. Confident Consumers Big TVs Found in Confident Consumer Households Table 7-6: Ownership of Television Sets, DVD Players and VCRs, Anxious vs. Confident Consumers Home Furnishings Home Furnishings Shopping Habits Similar Table 7-7: Shopping in Home Furnishings Stores, Anxious vs. Confident Consumers Confident Consumers Spend More on Home Furnishings and Bed, Bath & Linens Table 7-8: Expenditures on Household Furnishings and Bed, Bath & Linens in Last 12 Months, Anxious vs. Confident Consumers Household Appliance Purchases Similar Figure 7-3: Percent Buying Major Household Appliance in Last 12 Months, Anxious vs. Confident Consumers Figure 7-4: Percent Buying Small/Countertop Appliance in Last 12 Months, Anxious vs. Confident Consumers Home Improvement Major Home Remodeling Projects More Common among Confident Consumers Figure 7-5: Percent Carrying Out Any Home Remodeling Project, Anxious vs. Confident Consumers Table 7-9: Remodeling Kitchens and Bathrooms, Anxious vs. Confident Consumers Similar Patterns in Shopping in Home Improvement Stores Table 7-10: Shopping in Home Improvement Stores, Anxious vs. Confident Consumers
  • 12. Chapter 8 How Confident and Anxious Consumers Spend Leisure Time Overview Confident Consumers More Physically Fit Table 8-1: Physical Fitness Programs, Anxious vs. Confident Consumers Anxious and Confident Consumers Share Many Leisure Activities Table 8-2: Hobbies and Leisure Activities in Last 12 Months, Anxious vs. Confident Male Consumers Table 8-3: Hobbies and Leisure Activities in Last 12 Months, Anxious vs. Confident Female Consumers Home Entertainment Anxious Consumers less Involved with the Internet Table 8-4: Impact of the Internet, Anxious vs. Confident Consumers Many Confident Consumers Tied to the Internet Table 8-5: Internet Usage at Home in Last Seven Days (excluding email), Anxious vs. Confident Consumers Table 8-6: Online Activities in Last Seven Days (excluding email), Anxious vs. Confident Consumers Video-on-Demand More Popular among Confident Consumers Table 8-7: Access to Cable Television, Anxious vs. Confident Consumers Table 8-8: Video-On-Demand Services, Anxious vs. Confident Consumers Primetime Viewing Habits Differ Table 8-9: Primetime Viewing, Anxious vs. Confident Consumers Confident Consumers Turn Away from CDs to Downloads Table 8-10: Purchase of Music in Last 12 Months, Anxious vs. Confident Consumers Bookstores Still Important Table 8-11: Purchase of Books in Last 12 Months, Anxious vs. Confident Consumers Women in Anxious Consumer Segment More Likely to Read Magazines Table 8-12: Most Popular Magazines, Anxious vs. Confident Female Consumers Many Differences in Magazine Choices of Men in Anxious and Confident Consumer Segments Table 8-13: Differences in Magazine Reading Habits, Anxious vs. Confident Male Consumers Table 8-14: Most Popular Magazines, Anxious vs. Confident Male Consumers Staying in Touch with Family and Friends Cellphones Vital Part of Lifestyle of Confident Consumers Table 8-15: Attitudes toward Cellphones, Anxious vs. Confident Consumers Extra Features Important to Confident Consumers Table 8-16: Ownership and Use of Cellphones , Anxious vs. Confident Consumers Going Out Confident Consumers Go Out More Table 8-17: Attendance at Live Entertainment Events in Last 12 Months, Anxious vs. Confident Consumers Movies Major Part of Entertainment Agenda for Confident Consumers
  • 13. Table 8-18: Movie Attendance, Anxious vs. Confident Consumers Confident Consumers Frequent Users of Fast Food Outlets Table 8-19: Use of Family and Fast Food Restaurants in Last 30 Days, Anxious vs. Confident Consumers Anxious and Confident Consumers Choose Same Family and Fast Food Restaurants Table 8-20: Family Restaurants Visited Most, Anxious vs. Confident Consumers Table 8-21: Fast Food Restaurants Visited Most, Anxious vs. Confident Consumers Travel Anxious Consumers Would Rather Stay in the U.S. Table 8-22: Attitudes toward Travel, Anxious vs. Confident Consumers Table 8-23: Foreign Travel, Anxious vs. Confident Consumers Anxious Consumers Travel Less Frequently Table 8-24: Domestic Travel, Anxious vs. Confident Consumers Confident Consumers Good Customers for Travel Service Providers Table 8-25: Use of Travel Services, Anxious vs. Confident Consumers Cruises Attract Anxious Consumers Table 8-26: Cruise Ship Vacations, Anxious vs. Confident Consumers Chapter 9 Consumer Profiles: Fashion and Automotive Fashion Confident Consumers Follow Fashion Table 9-1: Attitudes toward Fashion, Anxious vs. Confident Consumers Even Confident Consumers Cautious about Spending on Clothes Table 9-2: Attitudes toward Buying Clothes, Anxious vs. Confident Consumers Walmart and Target Top Choices for Anxious and Confident Consumers Table 9-3: Department/Discount Stores Shopped in Last Three Months, Anxious vs. Confident Consumers Store Brands of Women’s Lingerie More Popular among Anxious Consumers Table 9-4: Percent Buying Store Brands for Women’s Lingerie, Anxious vs. Confident Women Consumers Clothing Choices Analyzed Table 9-5: Men’s Apparel and Accessories Purchased in Last 12 Months by Anxious and Confident Male Consumers Table 9-6: Women’s Apparel and Accessories Purchased in Last 12 Months by Anxious and Confident Female Consumers Confident Consumers More Likely to Buy Watches Figure 9-1: Percent Buying Watch for Self or Others in Past 12 Months, Anxious vs. Confident Consumers Automotive Multiple Vehicles Common in Both Anxious and Confident Consumer Households Table 9-7: Profile of Auto Owners, Anxious vs. Confident Consumers Confident Consumers Drive Fast Table 9-8: Attitudes toward Cars and Driving, Anxious vs. Confident Consumers Options Catch Eye of Confident Consumers
  • 14. Table 9-9: Reasons for Buying Cars, Anxious vs. Confident Consumers American Cars Get More Respect from Confident Consumers Table 9-10: Attitudes toward Foreign and Domestic Cars, Anxious vs. Confident Consumers Anxious Consumers Dial Back Expectations Table 9-11: New and Used Cars, Anxious vs. Confident Consumers Confident Consumers More Likely to Spend $30,000 or More for Cars Table 9-12: Amount Spent and Method of Financing Most Recent Vehicle, Anxious vs. Confident Consumers Confident Consumers Plan New Car Purchases in Near Future Table 9-13: Next Vehicle Purchase, Anxious vs. Confident Consumers Available immediately for Online Download at http://www.marketresearch.com/product/display.asp?productid=2604926 US: 800.298.5699 UK +44.207.256.3920 Int'l: +1.240.747.3093 Fax: 240.747.3004