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Thursday, February 23, 2012
   
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New and Old Media Trends in 2011

From a variety of sources including AdAge Blogs, here are the some of the numbers and trends that mattered most in 2011:

Half of kids under 8 (and 40% of 2- to 4-year-olds) have access to a smartphone, iPad or some other mobile media device.

In October 2011 Facebookers in the U.S. spent 136,000 aggregate years on the site, according to Comscore. That's more time then all of recorded history.

Nuclear families account for just one-fifth of all households but more than one-third (34%) of total consumer spending.  Nationwide there are 1.3 million fewer of them in 2010 than there were in 2000.

One in three consumers can't afford your product: The 2011 Discretionary Spend Report from Experian Simmons finds 34.5% of households have less than $7,000 to spend on non-essential goods. Just over half have less than $10,000 to spend on entertainment, education, personal care, clothing, furniture and more.

Don't count out old media. Fifty-seven percent of millennials indicated in a study from OMD that TV was the first way they heard about products and services.

For the first time in American history there are now a million more female than male college graduates, according to the Census.

The non-U.S. portion of P&G's measured-ad spending rocketed to 71% last year from 22% in 1986. Sixty-three percent of the company's revenue came from outside the U.S. in the year ended June 2011.
     
   

According to Prosper Mobile Insights, a significant number of smartphone and tablet users who use their devices to compare prices while shopping, purchase from the competition according to this report.

40% of mobile users who compare prices, purchase from the competition.

An additional 26% of respondents say they have compared prices while in-store and purchased from another retailer's website using their device.

23% have made a purchase from another retailer's website using their laptop or desktop after leaving the store.

31% compared prices and purchased from the same store.

13% compared prices and purchased from the same retailer's website using their device.

26% compared prices and made purchases from the same store using their laptop or desktop after leaving the store.

27% requested a price match.

27% checked for a discount. 
 
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