Changes and Trends in the Consumer Environment in the U.S. Market
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Transcript of Changes and Trends in the Consumer Environment in the U.S. Market
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Changes and Trends in the Consumer Environment in the U.S.
MarketKelsey Boole, Jennifer Chamblee, Kristin Freeman,
Langley Mills
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Demographic related change
● focus on targeting women
● active leisure trend is on the rise
● desire for versatility in clothing (to & from)
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Value-Related Change
● Sustainability used in 44% of companies
● Recycling● Workforce Justice● Organic Fibers● Minimal Packaging
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Value-Related Change
● Going “green”● Post purchase resentment● Tom’s Shoes
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Technology related change: Rise in Digital Age
● more common to have a smartphone● more marketing strategies available via
social media outlets● increase use of online shopping
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Consumption related change
● Brands are experiences and lifestyles
● Consumers control brand relationship
● Consumers are brand conscious
https://www.youtube.com/watch?v=iYhCn0jf46U
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A Complete Checklist for Evaluating Online Marketing Companies. (2013, January 1). Retrieved January 27, 2015, from http://www.business.com/resources/online-marketing-svc/
Gaydos, K. (2010, Nov 09). TOMS shoes founder credits hardwork, passion for his success. Citizens' Voice Retrieved from http://proxying.lib.ncsu.edu/index.php?url=/docview/763289426?accountid=12725
Helliker, K. (2010, June 13). Lululemon Grows Fast on a Slim Budget. Retrieved January 27, 2015, from http://online.wsj.com/news/articles/SB10001424052748703960004575481890366935552?mod=wsj_share_twitter&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052748703960004575481890366935552.html?mod=wsj_share_twitter
Pasricha, A. (2010). Exploration of the meaning of sustainability in textiles and apparel discipline and prospects for curriculum enhancement (Order No. 3413955). Available from ProQuest Dissertations & Theses Full Text. (750175295). Retrieved from http://proxying.lib.ncsu.edu/index.php?url=/docview/750175295?accountid=12725
Real Beauty Shines Through: Dove Wins Titanium Grand Prix, 163 Million Views on YouTube – Think with Google. (n.d.). Retrieved January 27, 2015, from https://www.thinkwithgoogle.com/case-studies/dove-real-beauty-sketches.html
Schultz, E. J. (2014). MARKETER OF THE YEAR 2014. Advertising Age, 85(24), 14. Retrieved from http://proxying.lib.ncsu.edu/index.php?url=/docview/1635080864?accountid=12725
Smartphone shoppers increase spending 125 percent, study says. (2015, January 27). Retrieved January 27, 2015, from http://www.retailcustomerexperience.com/news/smartphone-shoppers-increase-spending-125-percent-study-says/
Walter, E. (2013, December 17). 2014 Digital Trends And Predictions From Marketing Thought Leaders. Retrieved January 27, 2015, from http://www.forbes.com/sites/ekaterinawalter/2013/12/17/2014-digital-trends-and-predictions-from-marketing-thought-leaders/