SlideShare a Scribd company logo
1 of 88
Chasing the Elusive Consumer 
By Bill Troy, Business Program 
Coordinator and Lecturer, the University 
of New Hampshire at Manchester
• Who are we? 
– One of the colleges of UNH, providing a high quality education 
primarily to Merrimack Valley commuter students. 
– Approximately 800 Bachelor’s students 
– Focus on Liberal Arts and Professional education for careers in: 
• Business 
• Biology 
• Computer Systems 
• Psychology 
• Communication Arts 
• Teaching (M.A.T. program) 
– Internships required in many majors, great opportunities. 
– Small classes (less than 20)
My Brief Biography 
• B.A. in Economics from the University of Massachusetts in 
Amherst 
– Magna Cum Laude and Commonwealth Scholar 
– Phi Beta Kappa 
• M.B.A. from Johnson School of Cornell University 
• Economist for U.S. Labor Department, B.L.S. 
• Varying roles at DIGITAL Equipment, including consulting and 
Director of brand advertising 
• Ericsson – Director of Marketing for the Broadband division 
• Currently: 
– U.N.H. –Business Program director, and Marketing lecturer, at the 
Manchester Campus 
– WPI – Adjunct Management Instructor in International Business
Chasing the Elusive, Evolving 
Consumer 
• Today's consumer is more mobile, busier, and 
less connected to traditional media than ever. 
• We will provide a fast evolving, data driven, 
context for how vast the media changes within 
U.S. consumers have arisen, and methods 
that marketers are using in reaching 
consumers in this fragmenting landscape.
My basic viewpoint 
• Marketing is changing SO rapidly that is hard 
to know “What” to DO , complicating ‘How’ 
and ‘Why’ 
• My goal is to inform you as to trends. 
• My mid-p.m. presentation will be more 
specific to Mt. Washington Valley.
Quiz 
• What are some of the major changes 
occurring in marketing today? 
- Demographics 
- Pyschographics 
- B2C purchasing 
- Media Consumption
Where are We Today? 
• Income gradients 
• Bifurcating consumer markets 
• “Where is the Muddle Class”?
HH Formation Trends
Changing Race/Ethnic Makeup
Median Value of ALL assets, including 
Housing 
• AGE OF HOUSEHOLDER 
– Less than 35 years $6,676 
– 35 to 44 years 35,000 
– 45 to 54 years 84,542 
– 55 to 64 years 143,964 
– 65 years and over 170,516 65 to 69 years 194,226 
– 70 to 74 years 181,078 
– 75 and over 155,714
Assets by Educational Attainment 
• No High School Diploma $9,800 
• High School Graduate Only $43,945 
• Some College, No Degree $49,082 
• Associate's Degree $56,512 
• Bachelor's Degree $147,148 
• Graduate or Professional Degree $240,750
Businesses need to be Upscale or 
DownScale 
• http://www.nytimes.com/2014/02/03/business/t 
he-middle-class-is-steadily-eroding-just-ask-the-business- 
world.html 
• The top 5 percent of earners accounted for 
almost 40% of personal consumption 
expenditures in 2012, up from 27 % in 1992. 
• Largely driven by this increase, consumption 
among the top 20 percent grew to more than 60 
% over the same period. 
• Bottom percent? Went from 47 to 39%.
Businesses ‘Lost in the Middle’ Upscale Middle Downscale 
Capital Grille 
Macy’s 
GE $2000 appliances 
Red Lobster 
Olive Garden 
Sears/Kmart 
Walmart/Target 
J.C. Penney 
“Casual Dining” 
- Fridays **** 
- Chilli’s 
- Applebees 
Varying Dollar Stores 
GE $800 appliances
News
Which are the Wealthiest States?
News
News 
• Soda sales collapse:
Which are the Wealthiest States?
Top 10 Metro Areas for Wealthy Millenials
The Millenial Online World.
Mobile Devices Become Primary 
Entertainment Source
Internet Adoption Rates
What influences people to buy?
News 
Advertising from the restaurants, clothing stores and consumer electronics 
categories are the most trusted with diet products, financial services, 
pharmaceutical and cars the least trusted.
Source: http://research.yougov.com/ 
Least Trusted ads by business type….
More on ads….
Many Countries seeing online Purchase growing.
Marketers lose faith in “Mad Men” type promotion
“Bad Brands”
Who do you trust? – “Almost no one…”
Suspicion is growing….
There are only a few social media that matter overall…
Who Uses Which Social Networking Platform?
How long do people stay after clicking?
Who are the Primary Sources?
Why is the Super Bowl Still so BIG?
Do celebrities matter? No so much..
Younger and Whiter means More Mobile Banking
Aging and Marketing Challenges
Walmart and Target, others….
Email is not dead, at all….
Email varies in time of day effectiveness
Compare vs. Web time of Day
Ramifications if you stink on email?
Other concerns? Privacy
Younger Share More than ‘Elders’
Thanks for Listening 
Copy of Slides? 
Send Email to: Wtroy@unh.edu 
Phone: 603-641-4345 (office)
• BACK UP Slides
‘Show rooming’ – in decline?
Who is actively engaged in social media with TV?

More Related Content

Viewers also liked

Janice Crawford's Trip to India, 2014
Janice Crawford's Trip to India, 2014Janice Crawford's Trip to India, 2014
Janice Crawford's Trip to India, 2014MWVChamber
 
Leadership MWV NH Air National Guard Refueling Mission
Leadership MWV NH Air National Guard Refueling MissionLeadership MWV NH Air National Guard Refueling Mission
Leadership MWV NH Air National Guard Refueling MissionMWVChamber
 
Podcast y su uso en la educación
Podcast y su uso en la educaciónPodcast y su uso en la educación
Podcast y su uso en la educaciónDiego Orosco
 
Salud Integral del Adulto
Salud Integral del AdultoSalud Integral del Adulto
Salud Integral del Adultomagaly ortiz
 
Ppt hidrolisis lemak pada mikroorganisme / metabolisme lemak (MIKROBIOLOGI KE...
Ppt hidrolisis lemak pada mikroorganisme / metabolisme lemak (MIKROBIOLOGI KE...Ppt hidrolisis lemak pada mikroorganisme / metabolisme lemak (MIKROBIOLOGI KE...
Ppt hidrolisis lemak pada mikroorganisme / metabolisme lemak (MIKROBIOLOGI KE...Kinntan Kinntan
 
Needle Less Injection Technology by S Shivani Shastrulagari.
Needle Less Injection Technology by S Shivani Shastrulagari.Needle Less Injection Technology by S Shivani Shastrulagari.
Needle Less Injection Technology by S Shivani Shastrulagari.shivani shastrulagari
 
RFID Discovery White Paper
RFID Discovery White PaperRFID Discovery White Paper
RFID Discovery White PaperRFIDdiscovery
 
Transfersomes by S Shivani Shastrulagari
Transfersomes by S Shivani ShastrulagariTransfersomes by S Shivani Shastrulagari
Transfersomes by S Shivani Shastrulagarishivani shastrulagari
 
Programa de salud integral de la mujer
Programa de salud integral de la mujerPrograma de salud integral de la mujer
Programa de salud integral de la mujermagaly ortiz
 
Ebola virus (Ebola Hemorrhagic Fever) by S Shivani Shastrulagari
Ebola virus (Ebola Hemorrhagic Fever) by S Shivani Shastrulagari Ebola virus (Ebola Hemorrhagic Fever) by S Shivani Shastrulagari
Ebola virus (Ebola Hemorrhagic Fever) by S Shivani Shastrulagari shivani shastrulagari
 

Viewers also liked (15)

Janice Crawford's Trip to India, 2014
Janice Crawford's Trip to India, 2014Janice Crawford's Trip to India, 2014
Janice Crawford's Trip to India, 2014
 
All about me
All about meAll about me
All about me
 
Jarinngan sekresi
Jarinngan sekresiJarinngan sekresi
Jarinngan sekresi
 
CV Updated
CV UpdatedCV Updated
CV Updated
 
Leadership MWV NH Air National Guard Refueling Mission
Leadership MWV NH Air National Guard Refueling MissionLeadership MWV NH Air National Guard Refueling Mission
Leadership MWV NH Air National Guard Refueling Mission
 
Podcast y su uso en la educación
Podcast y su uso en la educaciónPodcast y su uso en la educación
Podcast y su uso en la educación
 
Salud Integral del Adulto
Salud Integral del AdultoSalud Integral del Adulto
Salud Integral del Adulto
 
Ppt hidrolisis lemak pada mikroorganisme / metabolisme lemak (MIKROBIOLOGI KE...
Ppt hidrolisis lemak pada mikroorganisme / metabolisme lemak (MIKROBIOLOGI KE...Ppt hidrolisis lemak pada mikroorganisme / metabolisme lemak (MIKROBIOLOGI KE...
Ppt hidrolisis lemak pada mikroorganisme / metabolisme lemak (MIKROBIOLOGI KE...
 
Crazynn
CrazynnCrazynn
Crazynn
 
Needle Less Injection Technology by S Shivani Shastrulagari.
Needle Less Injection Technology by S Shivani Shastrulagari.Needle Less Injection Technology by S Shivani Shastrulagari.
Needle Less Injection Technology by S Shivani Shastrulagari.
 
RFID Discovery White Paper
RFID Discovery White PaperRFID Discovery White Paper
RFID Discovery White Paper
 
Transfersomes by S Shivani Shastrulagari
Transfersomes by S Shivani ShastrulagariTransfersomes by S Shivani Shastrulagari
Transfersomes by S Shivani Shastrulagari
 
Campo operatorio
Campo operatorioCampo operatorio
Campo operatorio
 
Programa de salud integral de la mujer
Programa de salud integral de la mujerPrograma de salud integral de la mujer
Programa de salud integral de la mujer
 
Ebola virus (Ebola Hemorrhagic Fever) by S Shivani Shastrulagari
Ebola virus (Ebola Hemorrhagic Fever) by S Shivani Shastrulagari Ebola virus (Ebola Hemorrhagic Fever) by S Shivani Shastrulagari
Ebola virus (Ebola Hemorrhagic Fever) by S Shivani Shastrulagari
 

Similar to Chasing the Elusive Consumer

Strengthening Southern Vermont
Strengthening Southern Vermont Strengthening Southern Vermont
Strengthening Southern Vermont Atlas Integrated
 
Isbr Conference- Advertising challenges in the digital era
Isbr  Conference- Advertising challenges  in the digital eraIsbr  Conference- Advertising challenges  in the digital era
Isbr Conference- Advertising challenges in the digital eraTHINKTANKimc
 
Ritz Carlton Campaign Project 2011
Ritz Carlton Campaign Project 2011Ritz Carlton Campaign Project 2011
Ritz Carlton Campaign Project 2011tesslowe
 
Marketing as the transformation agent in higher education
Marketing as the transformation agent in higher educationMarketing as the transformation agent in higher education
Marketing as the transformation agent in higher educationEric Hollebone
 
Skills for the customer centered economy, st. louis oct 15 2014
Skills for the customer centered economy, st. louis oct 15 2014Skills for the customer centered economy, st. louis oct 15 2014
Skills for the customer centered economy, st. louis oct 15 2014Blair Forlaw
 
Institutional Branding
Institutional Branding Institutional Branding
Institutional Branding Shane Young
 
Social Media in the Finance Industry 15th May
Social Media in the Finance Industry 15th MaySocial Media in the Finance Industry 15th May
Social Media in the Finance Industry 15th MayLisa Harris
 
Defining Marketing for the 21st Century - Philip Kotler First Chapter
Defining Marketing for the 21st Century - Philip Kotler First ChapterDefining Marketing for the 21st Century - Philip Kotler First Chapter
Defining Marketing for the 21st Century - Philip Kotler First Chapterraaaiii
 
LIM College - Marketing Campaign
LIM College - Marketing Campaign LIM College - Marketing Campaign
LIM College - Marketing Campaign Kabeer Malhotra
 
Customers and market (v. 2019 ita)
Customers and market (v. 2019 ita)Customers and market (v. 2019 ita)
Customers and market (v. 2019 ita)Frieda Brioschi
 
Interbrand-Best-Retail-Brands-2014-3
Interbrand-Best-Retail-Brands-2014-3Interbrand-Best-Retail-Brands-2014-3
Interbrand-Best-Retail-Brands-2014-3Erica Velis
 
Best Retail Brands 2014 - Interbrand
Best Retail Brands 2014 - InterbrandBest Retail Brands 2014 - Interbrand
Best Retail Brands 2014 - InterbrandFernando Barrenechea
 
Media consumption survey
Media consumption survey Media consumption survey
Media consumption survey PlatoonDaddy
 

Similar to Chasing the Elusive Consumer (20)

Strengthening Southern Vermont
Strengthening Southern Vermont Strengthening Southern Vermont
Strengthening Southern Vermont
 
Isbr Conference- Advertising challenges in the digital era
Isbr  Conference- Advertising challenges  in the digital eraIsbr  Conference- Advertising challenges  in the digital era
Isbr Conference- Advertising challenges in the digital era
 
Yelvington
YelvingtonYelvington
Yelvington
 
Ritz Carlton Campaign Project 2011
Ritz Carlton Campaign Project 2011Ritz Carlton Campaign Project 2011
Ritz Carlton Campaign Project 2011
 
Marketing as the transformation agent in higher education
Marketing as the transformation agent in higher educationMarketing as the transformation agent in higher education
Marketing as the transformation agent in higher education
 
WSBC - What Can Social Media Do For You - Slideshare
WSBC -  What Can Social Media Do For You - SlideshareWSBC -  What Can Social Media Do For You - Slideshare
WSBC - What Can Social Media Do For You - Slideshare
 
Skills for the customer centered economy, st. louis oct 15 2014
Skills for the customer centered economy, st. louis oct 15 2014Skills for the customer centered economy, st. louis oct 15 2014
Skills for the customer centered economy, st. louis oct 15 2014
 
Institutional Branding
Institutional Branding Institutional Branding
Institutional Branding
 
Buy on Rumor, Sell on News
Buy on Rumor, Sell on NewsBuy on Rumor, Sell on News
Buy on Rumor, Sell on News
 
Social Media in the Finance Industry 15th May
Social Media in the Finance Industry 15th MaySocial Media in the Finance Industry 15th May
Social Media in the Finance Industry 15th May
 
EMERGING CONSUMER INSIGHTS
EMERGING CONSUMER INSIGHTSEMERGING CONSUMER INSIGHTS
EMERGING CONSUMER INSIGHTS
 
Defining Marketing for the 21st Century - Philip Kotler First Chapter
Defining Marketing for the 21st Century - Philip Kotler First ChapterDefining Marketing for the 21st Century - Philip Kotler First Chapter
Defining Marketing for the 21st Century - Philip Kotler First Chapter
 
LIM College - Marketing Campaign
LIM College - Marketing Campaign LIM College - Marketing Campaign
LIM College - Marketing Campaign
 
Marketing to the poor
Marketing to the poorMarketing to the poor
Marketing to the poor
 
Customers and market (v. 2019 ita)
Customers and market (v. 2019 ita)Customers and market (v. 2019 ita)
Customers and market (v. 2019 ita)
 
Interbrand-Best-Retail-Brands-2014-3
Interbrand-Best-Retail-Brands-2014-3Interbrand-Best-Retail-Brands-2014-3
Interbrand-Best-Retail-Brands-2014-3
 
Best Retail Brands 2014 - Interbrand
Best Retail Brands 2014 - InterbrandBest Retail Brands 2014 - Interbrand
Best Retail Brands 2014 - Interbrand
 
Las Mejores Marcas de Retail 2014 por Interbrand
Las Mejores Marcas de Retail 2014 por InterbrandLas Mejores Marcas de Retail 2014 por Interbrand
Las Mejores Marcas de Retail 2014 por Interbrand
 
Direct and online marketing 2015
Direct and online marketing 2015Direct and online marketing 2015
Direct and online marketing 2015
 
Media consumption survey
Media consumption survey Media consumption survey
Media consumption survey
 

Recently uploaded

It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfAmzadHosen3
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 

Recently uploaded (20)

It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdf
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 

Chasing the Elusive Consumer

  • 1. Chasing the Elusive Consumer By Bill Troy, Business Program Coordinator and Lecturer, the University of New Hampshire at Manchester
  • 2. • Who are we? – One of the colleges of UNH, providing a high quality education primarily to Merrimack Valley commuter students. – Approximately 800 Bachelor’s students – Focus on Liberal Arts and Professional education for careers in: • Business • Biology • Computer Systems • Psychology • Communication Arts • Teaching (M.A.T. program) – Internships required in many majors, great opportunities. – Small classes (less than 20)
  • 3. My Brief Biography • B.A. in Economics from the University of Massachusetts in Amherst – Magna Cum Laude and Commonwealth Scholar – Phi Beta Kappa • M.B.A. from Johnson School of Cornell University • Economist for U.S. Labor Department, B.L.S. • Varying roles at DIGITAL Equipment, including consulting and Director of brand advertising • Ericsson – Director of Marketing for the Broadband division • Currently: – U.N.H. –Business Program director, and Marketing lecturer, at the Manchester Campus – WPI – Adjunct Management Instructor in International Business
  • 4. Chasing the Elusive, Evolving Consumer • Today's consumer is more mobile, busier, and less connected to traditional media than ever. • We will provide a fast evolving, data driven, context for how vast the media changes within U.S. consumers have arisen, and methods that marketers are using in reaching consumers in this fragmenting landscape.
  • 5. My basic viewpoint • Marketing is changing SO rapidly that is hard to know “What” to DO , complicating ‘How’ and ‘Why’ • My goal is to inform you as to trends. • My mid-p.m. presentation will be more specific to Mt. Washington Valley.
  • 6. Quiz • What are some of the major changes occurring in marketing today? - Demographics - Pyschographics - B2C purchasing - Media Consumption
  • 7. Where are We Today? • Income gradients • Bifurcating consumer markets • “Where is the Muddle Class”?
  • 8.
  • 9.
  • 10.
  • 13. Median Value of ALL assets, including Housing • AGE OF HOUSEHOLDER – Less than 35 years $6,676 – 35 to 44 years 35,000 – 45 to 54 years 84,542 – 55 to 64 years 143,964 – 65 years and over 170,516 65 to 69 years 194,226 – 70 to 74 years 181,078 – 75 and over 155,714
  • 14.
  • 15.
  • 16.
  • 17. Assets by Educational Attainment • No High School Diploma $9,800 • High School Graduate Only $43,945 • Some College, No Degree $49,082 • Associate's Degree $56,512 • Bachelor's Degree $147,148 • Graduate or Professional Degree $240,750
  • 18. Businesses need to be Upscale or DownScale • http://www.nytimes.com/2014/02/03/business/t he-middle-class-is-steadily-eroding-just-ask-the-business- world.html • The top 5 percent of earners accounted for almost 40% of personal consumption expenditures in 2012, up from 27 % in 1992. • Largely driven by this increase, consumption among the top 20 percent grew to more than 60 % over the same period. • Bottom percent? Went from 47 to 39%.
  • 19. Businesses ‘Lost in the Middle’ Upscale Middle Downscale Capital Grille Macy’s GE $2000 appliances Red Lobster Olive Garden Sears/Kmart Walmart/Target J.C. Penney “Casual Dining” - Fridays **** - Chilli’s - Applebees Varying Dollar Stores GE $800 appliances
  • 20.
  • 21. News
  • 22. Which are the Wealthiest States?
  • 23. News
  • 24. News • Soda sales collapse:
  • 25.
  • 26.
  • 27. Which are the Wealthiest States?
  • 28. Top 10 Metro Areas for Wealthy Millenials
  • 29.
  • 31. Mobile Devices Become Primary Entertainment Source
  • 34. News Advertising from the restaurants, clothing stores and consumer electronics categories are the most trusted with diet products, financial services, pharmaceutical and cars the least trusted.
  • 35. Source: http://research.yougov.com/ Least Trusted ads by business type….
  • 37. Many Countries seeing online Purchase growing.
  • 38.
  • 39.
  • 40.
  • 41.
  • 42. Marketers lose faith in “Mad Men” type promotion
  • 44. Who do you trust? – “Almost no one…”
  • 46. There are only a few social media that matter overall…
  • 47. Who Uses Which Social Networking Platform?
  • 48. How long do people stay after clicking?
  • 49. Who are the Primary Sources?
  • 50.
  • 51.
  • 52.
  • 53. Why is the Super Bowl Still so BIG?
  • 54.
  • 55.
  • 56.
  • 57.
  • 58.
  • 59. Do celebrities matter? No so much..
  • 60.
  • 61. Younger and Whiter means More Mobile Banking
  • 62.
  • 63.
  • 64.
  • 65. Aging and Marketing Challenges
  • 66.
  • 67.
  • 68.
  • 69. Walmart and Target, others….
  • 70.
  • 71. Email is not dead, at all….
  • 72.
  • 73. Email varies in time of day effectiveness
  • 74. Compare vs. Web time of Day
  • 75. Ramifications if you stink on email?
  • 77.
  • 78.
  • 79.
  • 80.
  • 81.
  • 82. Younger Share More than ‘Elders’
  • 83.
  • 84. Thanks for Listening Copy of Slides? Send Email to: Wtroy@unh.edu Phone: 603-641-4345 (office)
  • 85. • BACK UP Slides
  • 86.
  • 87. ‘Show rooming’ – in decline?
  • 88. Who is actively engaged in social media with TV?

Editor's Notes

  1. http://www.marketingcharts.com/wp/online/video-campaigns-seeing-stronger-engagement-rates-on-mobile-than-desktop-37415/