Gen X And Baby Boomers Present A Huge Opportunity For E-Commerce Companies
Jul 7, 2014, 20:02 IST
It's a common misconception that online shoppers tend to be young. In fact, a disproportionate share of Gex X and middle-aged adults shop online relative to their share of their population.
- 23% of online shoppers fall between the ages of 35 and 44, while only 18% of the U.S. population is that age.
- 24% of online shoppers are between the ages of 45 to 54, even though less than 20% of the U.S. population falls between those ages.
- Explains why men are so much more important for e-commerce retail over in-store sales, and why they are more likely to buy on smartphones than women.
- Indexes e-commerce spending by age group against the amount of time a given demographic spends online.
- Breaks down online spending habits of teens, including the brands and products they shop for.
- Examines the factors behind what drives online purchases among millennials.
- Identifies Gen X, boomer, and older consumers' online spending tendencies.
- Looks at how education and income influence e-commerce spending.