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College Students

TOMMY CONFAR
STUDENT POPULATION
   2011-2012 collegiate population ages 18-
    to-34 numbers approximately 16 million
       Economic times have brought more adults to
        institutions of higher education to allow them
        to be prepared for career adjustments
   62% of college students are age 24 or
    under,
   22% of college students are under the age
    of 20
LIVING

   52.9% of
    college
    students live
    at home
   24.7% of
    college
    students live
    off-campus
   18.1% of
    college
    students live
    in a
    dormitory
   3.8% of
    college
    students live
    in a fraternity
    or sorority
    house
STUDY ABROAD AND FOREIGN
 260,000 U.S. students study
  abroad
 There are approximately 690,000
  foreign exchange students in the
  U.S.
     Thisadds about 20 billion dollars
     into our economy
SPENDING

   College students ages 18-to-34 spent
    $306 billion during the 2010-2011
    academic year
       That is a 13% increase from the prior
        year
   Of that $306 billion, $69 billion was
    discretionary spending
       $37.7 billion for students ages 18-to-24
SPENDING

 Male students ages 18-to-34 spend
  more for entertainment and
  technology on a monthly basis
 Female students ages 18-to-34
  spend slightly more on clothing and
  shoes, cosmetics, and cell-phone
  purchases
 Male students spend slightly more
  than females on personal care
  products
 Spending for entertainment, eating
  out, bars and nightclubs remained
  steady or increased from 2010
SPENDING

   2011 back-to-college spending
    (excluding textbooks) estimated
    at $34.4 billion
NON-TRADITIONAL STUDENT

   Not followed a continuous education
    path into college
   Over 24 years of age
   Working full time
   Having dependents to support
   Attend college part time
   73% of all students have some
    characteristics of the non-traditional
    student
   They have different desires and needs
    from their traditional counterparts on
    campus
   Non-traditional students are growing in
    population
   Disadvantaged to traditional students
STRESS
 Anxiety, uncertainty, and stress are included in any
  students career
 Stress emerged as an important variable with
  relationships to grade point average (GPA) and intent
  to persist along with goal commitment
 Unlike traditional students, non-traditional students
  have responsibilities related to their work and
  personal lives that may lead to demand overload and
  role conflict when merged with school.
 These additional demands and responsibilities can
  create time limitations that traditional students are
  not apt to experience
 Combining a degree with employment can have
  negative consequences with students missing
  classes, doing less reading, and experiencing higher
  levels of stress
 Students with families tend to have higher stress
  levels
 These students with more time management
  behaviors considered themselves to be more
  effective at work, had higher levels of moral and
  lower levels of stress (usually a traditional student)
 Traditional students, because they are less mature,
  experience stress from academic and social
  concerns
STRESS
DRINKING

   Binge drinking is
    the consumption of
    five or more
    alcoholic
    beverages at one
    sitting by men and
    four or more drinks
    at a single sitting
    by women
   In studying student
    drinking, it has
    been found that
    the root causes of
    excessive drinking
    revolve around
    depression,
    anxiety, peer
    pressure, and the
    desire for social
    acceptance
   40% of college
    students engage in
    high-risk drinking
ONLINE/DEVICES

   Staying “connected” and easily
    reachable is important for college
    students
ONLINE

   77.6% of college students use
    social networking sites
        Facebook, Twitter, LinkedIn, etc..
        18% of students who go online have a
         Twitter
        Around 85% of all college students have
         a Facebook account
MOST VISITED SITES BY STUDENTS
T.V.

   College student favorites include
    “Grey’s Anatomy” and “The Office”
   T.V. shows and stations are trying to be
    relevant and popular on social media
    platforms
          The youth is a target consumer who might
           tweet about a show they just watched or post
           a clip from a show they liked on their
           Facebook
               This gains exposure for the T.V. station and show
MISC. TRENDS

   E book readers
           Small percentage but growing
           Mainly used for recreational and class readings
           The kindle is the top in its market
   Voting percentages in youth has dropped to
    11% in the 2010 midterm elections, from 18% in
    2008’s election
           Democrats are down to 57% from the previous 66% in
            2008
           College student decline in politics is because the
            student body feels the “change” promised in 2008
            never happened
   Smaller schools that focus more on teaching
    than relying on research outside of the class
           Student satisfaction surveys show more students are
            happy with more time spent in class and with the
            teacher. Out of class research intensive schools did
            not show high results in student satisfaction.
   Students that live on campus or in on campus
    housing are more satisfied with their college
    experience than those who commute or live off
    campus.
           This relates to being closer to classmates and making
            more connections with other students and faculty
TRENDS OVER THE LAST 15 YRS
   What students valued 15 years ago are the same things they value
    currently. The items of greatest importance to students continue to
    reflect an emphasis on the students’ academic experience.
   Satisfaction levels have risen overall at four-year privates, four-year
    publics, and community colleges, but have fluctuated at career
    schools. Despite the changes to higher education, socioeconomic
    shifts in students, and the media’s focus on higher tuition, students
    generally indicate that they are more satisfied now than they were in
    the past.
   Financial aid has increased in importance in the enrollment decisions
    for students at four-year privates, four-year publics, and community
    colleges; school appearance and geographic setting have become
    more important for students attending career schools. Students today
    put a greater emphasis on financial aid awards as they decide which
    institution to attend. This has been a common trend at four-year
    private institutions, but financial aid has also seen a large jump in
    importance at four-year and two-year public schools. While financial
    aid is also a factor for career schools, the biggest shifts have occurred
    in the emphasis on the school appearance and the location of the
    college.
   While students are generally more satisfied now in all of these areas
    (tuition as a worthwhile investment, their attitudes toward billing
    policies, and their perceptions about the availability of and resources
    for financial aid services), the improvements vary by institution type. In
    addition, the satisfaction scores are currently hovering at or below 50
    percent of students indicating that they are actually satisfied with their
    institution’s performance, which indicates that there is still room for
    improvement in this area.
   The importance and satisfaction shifts in campus climate items. A 2009
    study, Linking Student Satisfaction and Retention, indicated a strong
    correlation between campus climate items and students’ overall
    satisfaction and likelihood to be retained. These areas include how
    students feel on campus, campus staff being caring, the sense of
    campus “run-around,” and feeling safe and secure on campus. As
    institutions focused more on quality service initiatives during the past
    15 years, some of these items had some of the largest improvements
    in satisfaction across all types of institutions.
WHY?

   One should market to college
    students because
        College  students use social media to talk
         about brands and services they enjoy.
         (online word-of-mouth)
        The students that don’t live with their
         parents are begging to shop on their own.
         They can be branded for life with a
         product they begin to like.
        There are 16 million college students in
         America. (big market)
        College students have high spending
         habits. (back to school buying, food
         purchases, drinking purchases, electronic
         purchases, etc)
        College students are current and
         knowledgeable about upcoming trends
         and using the latest technology.

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College Students

  • 2. STUDENT POPULATION  2011-2012 collegiate population ages 18- to-34 numbers approximately 16 million  Economic times have brought more adults to institutions of higher education to allow them to be prepared for career adjustments  62% of college students are age 24 or under,  22% of college students are under the age of 20
  • 3. LIVING  52.9% of college students live at home  24.7% of college students live off-campus  18.1% of college students live in a dormitory  3.8% of college students live in a fraternity or sorority house
  • 4. STUDY ABROAD AND FOREIGN  260,000 U.S. students study abroad  There are approximately 690,000 foreign exchange students in the U.S.  Thisadds about 20 billion dollars into our economy
  • 5. SPENDING  College students ages 18-to-34 spent $306 billion during the 2010-2011 academic year  That is a 13% increase from the prior year  Of that $306 billion, $69 billion was discretionary spending  $37.7 billion for students ages 18-to-24
  • 6. SPENDING  Male students ages 18-to-34 spend more for entertainment and technology on a monthly basis  Female students ages 18-to-34 spend slightly more on clothing and shoes, cosmetics, and cell-phone purchases  Male students spend slightly more than females on personal care products  Spending for entertainment, eating out, bars and nightclubs remained steady or increased from 2010
  • 7. SPENDING  2011 back-to-college spending (excluding textbooks) estimated at $34.4 billion
  • 8. NON-TRADITIONAL STUDENT  Not followed a continuous education path into college  Over 24 years of age  Working full time  Having dependents to support  Attend college part time  73% of all students have some characteristics of the non-traditional student  They have different desires and needs from their traditional counterparts on campus  Non-traditional students are growing in population  Disadvantaged to traditional students
  • 9. STRESS  Anxiety, uncertainty, and stress are included in any students career  Stress emerged as an important variable with relationships to grade point average (GPA) and intent to persist along with goal commitment  Unlike traditional students, non-traditional students have responsibilities related to their work and personal lives that may lead to demand overload and role conflict when merged with school.  These additional demands and responsibilities can create time limitations that traditional students are not apt to experience  Combining a degree with employment can have negative consequences with students missing classes, doing less reading, and experiencing higher levels of stress  Students with families tend to have higher stress levels  These students with more time management behaviors considered themselves to be more effective at work, had higher levels of moral and lower levels of stress (usually a traditional student)  Traditional students, because they are less mature, experience stress from academic and social concerns
  • 11. DRINKING  Binge drinking is the consumption of five or more alcoholic beverages at one sitting by men and four or more drinks at a single sitting by women  In studying student drinking, it has been found that the root causes of excessive drinking revolve around depression, anxiety, peer pressure, and the desire for social acceptance  40% of college students engage in high-risk drinking
  • 12. ONLINE/DEVICES  Staying “connected” and easily reachable is important for college students
  • 13. ONLINE  77.6% of college students use social networking sites  Facebook, Twitter, LinkedIn, etc..  18% of students who go online have a Twitter  Around 85% of all college students have a Facebook account
  • 14. MOST VISITED SITES BY STUDENTS
  • 15. T.V.  College student favorites include “Grey’s Anatomy” and “The Office”  T.V. shows and stations are trying to be relevant and popular on social media platforms  The youth is a target consumer who might tweet about a show they just watched or post a clip from a show they liked on their Facebook  This gains exposure for the T.V. station and show
  • 16. MISC. TRENDS  E book readers  Small percentage but growing  Mainly used for recreational and class readings  The kindle is the top in its market  Voting percentages in youth has dropped to 11% in the 2010 midterm elections, from 18% in 2008’s election  Democrats are down to 57% from the previous 66% in 2008  College student decline in politics is because the student body feels the “change” promised in 2008 never happened  Smaller schools that focus more on teaching than relying on research outside of the class  Student satisfaction surveys show more students are happy with more time spent in class and with the teacher. Out of class research intensive schools did not show high results in student satisfaction.  Students that live on campus or in on campus housing are more satisfied with their college experience than those who commute or live off campus.  This relates to being closer to classmates and making more connections with other students and faculty
  • 17. TRENDS OVER THE LAST 15 YRS  What students valued 15 years ago are the same things they value currently. The items of greatest importance to students continue to reflect an emphasis on the students’ academic experience.  Satisfaction levels have risen overall at four-year privates, four-year publics, and community colleges, but have fluctuated at career schools. Despite the changes to higher education, socioeconomic shifts in students, and the media’s focus on higher tuition, students generally indicate that they are more satisfied now than they were in the past.  Financial aid has increased in importance in the enrollment decisions for students at four-year privates, four-year publics, and community colleges; school appearance and geographic setting have become more important for students attending career schools. Students today put a greater emphasis on financial aid awards as they decide which institution to attend. This has been a common trend at four-year private institutions, but financial aid has also seen a large jump in importance at four-year and two-year public schools. While financial aid is also a factor for career schools, the biggest shifts have occurred in the emphasis on the school appearance and the location of the college.  While students are generally more satisfied now in all of these areas (tuition as a worthwhile investment, their attitudes toward billing policies, and their perceptions about the availability of and resources for financial aid services), the improvements vary by institution type. In addition, the satisfaction scores are currently hovering at or below 50 percent of students indicating that they are actually satisfied with their institution’s performance, which indicates that there is still room for improvement in this area.  The importance and satisfaction shifts in campus climate items. A 2009 study, Linking Student Satisfaction and Retention, indicated a strong correlation between campus climate items and students’ overall satisfaction and likelihood to be retained. These areas include how students feel on campus, campus staff being caring, the sense of campus “run-around,” and feeling safe and secure on campus. As institutions focused more on quality service initiatives during the past 15 years, some of these items had some of the largest improvements in satisfaction across all types of institutions.
  • 18. WHY?  One should market to college students because  College students use social media to talk about brands and services they enjoy. (online word-of-mouth)  The students that don’t live with their parents are begging to shop on their own. They can be branded for life with a product they begin to like.  There are 16 million college students in America. (big market)  College students have high spending habits. (back to school buying, food purchases, drinking purchases, electronic purchases, etc)  College students are current and knowledgeable about upcoming trends and using the latest technology.

Hinweis der Redaktion

  1. Look into definition of “personal care products
  2. Give a description of “back to school spending” maybe with pictures instead of words.