the changing american consumer

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THE CHANGING AMERICAN CONSUMER

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Page 1: The Changing American Consumer

THE CHANGING AMERICAN CONSUMER

Page 2: The Changing American Consumer
Page 3: The Changing American Consumer

CONNECTED CONSUMER

MULTIGENERATIONAL HOUSEHOLDS

MILLENNIALS

DECLINING BIRTH RATES

SHECONOMY HYPERLOCALIZATION

SUPER CONSUMER

STAY-AT-HOME DADS

ECONOMIC DIVIDE

EMERGING MIDDLE CLASS

BOOMERSGENERATION Y

BROWNING OF AMERICA

URBAN CONSUMER

HOURGLASS ECONOMY

POLARIZED CONSUMERS

MARRYING OUT

SILVER TSUNAMI

GENERATION X

Page 4: The Changing American Consumer

In 1970,

1 in 5 Americans were

In 2018,

1 in 3 Americans will be

In 2060,

1 in 2 Americans will be

Multicultural

Page 5: The Changing American Consumer

Every hour in the U.S.:• 147 new Latino births• 43 new Asian American births• 41 new African American births

Page 6: The Changing American Consumer

>50% of Multicultural Americansare under

35 years of age

Page 7: The Changing American Consumer

381 languages spoken in the U.S.

1 out of 5 people speaks a language other than English at home

Page 8: The Changing American Consumer

2015: 1 in 6 newlyweds marry across racial/ethnic lines

1965: Racial intermarriage was illegal in 1/3 of the country

Page 9: The Changing American Consumer

Our all day #1 activity:CONSUME CONTENT

Over

10 hours a day

Page 10: The Changing American Consumer

On an average day:~1M Americans use twitter to discuss TV

Tweets are read by 11M unique Twitter users

Page 11: The Changing American Consumer

Americans on averageown four digital devices70% own smart phonesNearly 50% own tablets

Page 12: The Changing American Consumer

But we are distracted

85% in the US use a mobile device while watching TV

48% of moms with kids <13 year-old use social media in the car

Young adults ages 18-24 are 2x more likely to use social media in the bathroom

Page 13: The Changing American Consumer

Online Consumer Packaged Goods sales:

$25B growing 40%Mobile retail is gaining momentum87% of smartphone and tablet owners use a mobile device for shopping activities

Multicultural Millennials are 50% more likely to agree advertisements on mobile phones provides useful information about bargains

Page 14: The Changing American Consumer

Between now and the year 2030,

every single day, 10K baby boomers will turn 65By 2060, almost as many Americans over age 85 as under age 5

turn 65

Page 15: The Changing American Consumer

78 million Boomers hold:

70% of disposable income, and account for 50% of CPG sales

Page 16: The Changing American Consumer

By 2030 Millennials will make up

75% of the workforce,

have spending power of $3.4 trillionA third of all households today include Millennials and Boomers

, but today, 16% are unemployed

Women control $4.3 trillion (73%) of U.S. spending

Women are the sole or primary breadwinners in 40% of U.S. households with children

Page 17: The Changing American Consumer

16 million Americans identify as LGBT, up 26% over the past 5 years

$830B in spending power

Page 18: The Changing American Consumer

health#1 U.S. consumer concern after the economy is

Half the world thinks they’re overweight

Sales of produce, health and wellness-oriented categories are growing stronger than center store sales

Page 19: The Changing American Consumer

The way we eat is permanently changing47% of consumers snack as a meal replacement

Americans spentmore at restaurants and bars than grocery stores

Page 20: The Changing American Consumer

20% of households account for more than half of the US income earned

Income inequality ratio is the widest gap ever

Page 21: The Changing American Consumer

In 2018, 30% of new home completions will be multi-family units, twice as much as at the height of the boom

Most multifamily dwellings are rented

By 2018, home ownership will not rise above 65.5% of all householders

Page 22: The Changing American Consumer

The concept of the sharing economy, the global view:

68% are willing to share their assets for financial gain66% are likely to use or rent products/services in a share communityThe sharing economy will surpass $3.5B this year

$

Page 23: The Changing American Consumer

AMERICA IS CHANGING ARE

YOU?

Page 24: The Changing American Consumer

THE CHANGING AMERICAN CONSUMER