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Affluent Will Continue To Support Their Favorite Charities in 2009 Print E-mail
Pam Danziger's Unity Marketing, which closely monitors the habits of the affluent, finds that her subjects are "turning away from conspicuous consumption toward a desire to do good and give back."
    In a survey done in February, Unity found that 66 percent of respondents are likely to keep the level of contributions the same this year as last. More, 15% of those surveyed - and 26% of those with incomes of $250,000 and above - plan to increase their contributions this year.
    Said Danziger, "the culture is shifting and the lifestyle of luxury indulgence is no longer the American ideal...Affluent consumers... are measuring life success in new ways, including what they contribute to society and how they help make the world a better place for all of us." She said that even after the recession is over, the luxury consumer market will be very different than before -- moving "to an inner state of being defined by personal happiness and an outstanding quality of life."
   
To read the entire report, visit:  http://www.unitymarketingonline.com/cms_luxury/luxury/pr_main/Cultural_Shift_2-24-08.php

 
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From the Editor

Ipsos Mendelsohn and American Express Publishing-Harrison Group
Offer Fresh Insight on Consumer Behavior in 2010


According to new studies from two blue-chip research sources, Ipsos Mendelsohn and American Express Publishing - the affluent are not only ready to travel -- they are frequently going to spend more on it. While the Ipsos study focused on intent and American Express Publishing on mindset, they both point to a surge in affluents taking to the road (Amex sees an increase of 6 to 8% in spending on all luxury categories). Interestingly, both studies agree on a positive attitude despite lingering concerns about the economy. Here's a look at the highlights of both 2010 studies.

LuxuryTravel 360 has long looked to the affluent as a burgeoning market in business and leisure travel, fueling growth in more affordable, common sense luxury - less glitz and glamour, but ready to pay extra for memorable family experiences and genuine local culture.

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