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Consumer Snapshot - October 2015
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Consumer Snapshot - October 2015
1.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com October 2015 Consumer Snapshot
2.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® sentiment strategy Disclaimer: Prosper Business Development and its affiliated companies (“Prosper”) make no warranties, either expressed or implied, concerning: data gathered or obtained from any source; the present or future methodology employed in producing the statistics; or the data and estimates represent only the opinion of Prosper and reliance thereon and use thereof shall be at the user’s own risk. October 2015 Halloween
3.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® sentiment consumer sentiment confidence remains relatively even with September at 44.5% versus 44.9% a month ago very confident/confident in chances for a strong economy {adults 18+} Source: Prosper Insights & Analytics 13 month summary while this month’s reading tracks a few points ahead of Oct-14 (41.0%), it resides below the 13 month average (47.2%) and is the lowest reading for the calendar year with lower gas prices contributing to more optimistic outlooks in late 2014/early 2015, stock market volatility and other macro concerns seem to be wearing on consumers 41.0% 50.5% 44.5% 30% 35% 40% 45% 50% 55%
4.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® sentiment Source: Prosper Insights & Analytics predict “more” layoffs over the next 6 months {adults 18+} employment outlook nearly a quarter of consumers (23.6%) predict “more” layoffs over the next 6 months, the highest reading since Mar-14 (25.5%) consumer sentiment confidence remains relatively even with September at 44.5% versus 44.9% a month ago 20.8% 22.1% 23.6% 19% 20% 21% 22% 23% 24% More Oct-14 Sep-14 Oct-15 13 month summary while this month’s reading tracks a few points ahead of Oct-14 (41.0%), it resides below the 13 month average (47.2%) and is the lowest reading for the calendar year with lower gas prices contributing to more optimistic outlooks in late 2014/early 2015, stock market volatility and other macro concerns seem to be wearing on consumers
5.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® strategy practicality & focus on needs {adults 18+} practical purchases practicality catches up with declining confidence, rising more than a point over September to 37.4% focus on needs consumers’ focus on necessities increases marginally, though still represents an 11% decline year-over-year Source: Prosper Insights & Analytics those maintaining pragmatic purchase intentions lower nearly 10% from a year ago 41.1% 37.4% 48.2% 42.6% 30% 35% 40% 45% 50% I have become more practical and realistic in my purchases I focus more on what I NEED rather than what I WANT
6.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® strategy financial plans over the next 3 months {adults 18+} Source: Prosper Insights & Analytics financial conservatism plans to pay down debt and decrease overall spending have edged off only slightly from Oct- 14, while intent to increase savings remains on par year-over-year 0% 20% 40% Pay down debt Increase savings Decrease overall spending Oct-14 Sept-15 Oct-15 practical purchases practicality catches up with declining confidence, rising more than a point over September to 37.4% focus on needs consumers’ focus on necessities increases marginally, though still represents an 11% decline year-over-year those maintaining pragmatic purchase intentions lower nearly 10% from a year ago
7.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® Halloween Source: Prosper Insights & Analytics/National Retail Federation Halloween spending plans {celebrants 18+} spending plans celebrants plan to spend $74.34 on costumes, candy, décor, and cards in 2015, down slightly from $77.52 in 2014 $64.82 $66.54 $56.31 $66.28 $72.31 $79.82 $75.03 $77.52 $74.34 $- $10 $20 $30 $40 $50 $60 $70 $80 $90 2007 2008 2009 2010 2011 2012 2013 2014 2015
8.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® Halloween plans to dress in costume {celebrants by generation} spending plans 43.5% 70.2% 48.1% 27.8% 16.0% 0% 10% 20% 30% 40% 50% 60% 70% 80% Key: Millennials (1983 – 1997), Gen X (1965 – 1982), Boomers (1946 – 1964), Silent (pre-1946) costume creativity while more than two in five celebrants overall plan to dress in costume, Millennials are 60% more likely to get in the spirit celebrants plan to spend $74.34 on costumes, candy, décor, and cards in 2015, down slightly from $77.52 in 2014 Source: Prosper Insights & Analytics/National Retail Federation
9.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® Halloween sources for costume inspiration {top ten for Millennials} spending plans Key: Millennials (1983 – 1997), Gen X (1965 – 1982), Boomers (1946 – 1964), Silent (pre-1946) costume creativity while more than two in five celebrants overall plan to dress in costume, Millennials are 60% more likely to get in the spirit 0% 10% 20% 30% 40% 50% Online Search Retail store/costume shop Friends/Family Pinterest Pop Culture Facebook Print Media Instagram YouTube Current Events Adults 18+ Millennials overall, online searches and retail stores/costume shops remain the top sources for costume inspiration Millennials are much more likely to consult multiple sources and are about twice as likely to search social media outlets like Pinterest, Facebook, Instagram, and Youtube celebrants plan to spend $74.34 on costumes, candy, décor, and cards in 2015, down slightly from $77.52 in 2014 Source: Prosper Insights & Analytics/National Retail Federation
10.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® Pam Goodfellow Consumer Insights Director Prosper Insights & Analytics™ pam@goProsper.com ProsperDiscovery.com thanks visit ______________________ to access: Consumer Snapshot InsightCenter™ PowerPoint Slides …and more ConsumerSnapshot.com
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