luxury - the economist group
TRANSCRIPT
ECONOMIST READERS IN THE USA2
Source: Ipsos Affluent Survey 2015. Monthly reach.
All Platforms Print Online Digital
Women 34% 33% 32% 31%
Average age 43 45 39 40
% aged under 35yo who read The Economist 34% 30% 46% 43%
C-Suite 32% 37% 33% 44%
Plans to buy a fine watch or jewelleryworth USD2,500+ 16% 18% 21% 28
Write a blog at least monthly 16% 18% 21% 28%
I like to treat myself to something even thoughI don’t need it 71% 70% 75% 74%
USA
ECONOMIST READERS IN THE USA ARE SPENDING ON AVERAGE $4,000 A YEAR ON LUXURY ACCESSORIES 3
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
$20,000 Median Spend
All platforms - Monthly reach
Of Economist print readers:
85% have liquid assets of $100,000+
47% have liquid assets of $500,000+ (1327index)
29% have liquid assets of $1,000,000+ (151 index)
Of Economist online visitors:
80% have liquid assets of $100,000+
46% have liquid assets of $500,000+ (121 index)
25% have liquid assets of $1,000,000+ (119 index)
USA
Source: Ipsos Affluent Survey 2015. Monthly reach.
ECONOMIST READERS IN EUROPE
All Platforms Print Online Digital
Women 23% 25% 24% 23%
Average age 44 45 44 42
Aged under 35yo 25% 23% 27% 32%
C-Suite 29% 29% 31% 25%
% Europeans who plan to buy a watch worth USD5,000+ and who read The Economist 36% 16% 23% 8%
Have a professional or industry related blog index) 172 155 174 220
I do not mind paying for extra quality or I like to treat myself to something special even if it is expensive
93% 93% 93% 91%
4
Source: EMS Select 2015.
EUROPE
ECONOMIST READERS OWN LUXURY ITEMS 5
554,000 Index: 157
Watch worth€1,500+
550,000 Index: 167
Designer suit or dress costing €1,000+
633,000Index: 170
Briefcase or handbag or shoes costing €500+
504,000 Index: 137
Jewellery worthUS$1,500+
Sources: Europe Select 2015. All platforms.
EUROPE
THE ECONOMIST REACHES 131,000 LUXURY WATCH OWNERS IN EUROPE
AUD
IEN
CE
(‘00
0)
€5,000+ Value of main watch
0
20
40
60
80
100
120
140
23% of Europeans who are planning to spend €5,000+ on their next watch are Economist online users
Source: EMS Select 2015. Print and digital (apps, PC, tablet, mobile) monthly reach. Online (PC, tablet, mobile) monthly reach.
EUROPE
6
THE ECONOMIST REACHES THE TOP EARNERS IN EUROPE
AUD
IEN
CE
(‘00
0)
€80,000+ Personal income
050
100150200250300350400450500 31% more Economist readers own
€950,000+ of private investments (excluding mortgage/home) than readers of the FT
41% more Economist readers own investment property than readers of the INYT
Twice as many Economist readers are private banking clients than readers of the WSJ
19% more Economist readers own art or gems as an investment than readers of Time
Source: EMS Select 2015. Print and digital (apps, PC, tablet, mobile) monthly reach.
EUROPE
61% of Economist readers earn €80,000+
7
ECONOMIST READERS IN ASIA
All Platforms Print Online Digital
% Asian females who read The Economist 39% 27% 25% 28%
Average age 44 45 43 44
% Asians aged under 35yo who read The Economist 46% 31% 32% 33%
C-Suite 48% 51% 47% 49%
Owns a piece of jewellery worth USD5,000+ or a watch worth USD5,000+ 53% 57% 55% 57%
% of Asians who contribute to a blog monthly or more often and who read The Economist 52% 33% 36% 37%
It is important to me that my appearance reflects my status or I like clothes and accessories of luxury brands
78% 77% 82% 80%
8
Source: BE Asia 2015. BE Asia measures the media consumption, business and personal profile of Asia’s most influential business executives. It represents the top 0.2% of individuals in Asia. 8 Countries covered: Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand.
ASIA
ECONOMIST READERS IN ASIAFEMALES ON THE RISE AND ONLINE 9
Source: EIU survey. September 2014.
INFLUENCE ON SPENDINGRISING ECONOMIC POWER
CLOTHING / ACCESSORIES88% have influence
EARNINGS83% of urban women
contribute to household income
CLOTHING / ACCESSORIES63% browse at least once a day
62% are buying for themselves most of the times when they shop online
PREFER TO SHOP ONLINE
ASIA
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