consumer electronics behavior predictions 4 of 10 … · plan, and purchase both online and in...

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Expect to use mobile to plan 82% Millennials Boomers 70% 63% Gen X Shoppers expecting to shop early/often for consumer electronics this season Holiday shopping for CE covers a wide range of products across mature/newer categories Source: GfK's Consumer Electronics Shopper Black Friday report KnowledgePanel ® Digital base which tracks mobile behavior on US consumers, all data is for ages 18-70 Contacts: [email protected] or [email protected] © GfK 2017 Plan to purchase CE buyers with Amazon Prime are “primed” to smart products Digital Home Asst Digital Home Asst Smart Home Energy Fitness Band Smart TV Box/Dongle Smart Home Energy Smart Watch Omni-channel continues to rule across many high involvement CE products, mobile purchase expected to be high. Millennials are among the most mobile Research, planning, or purchasing Purchasing Mill Gen X Boom 20% 12% 8% 24% 18% 16% 13% Prime members Non-Prime members 28% 21% 19% 19% 15% 14% 11% Generations will be shopping differently - for gifts AND for self this period 8 in 10 Millennials will be buying CE for self 6 in 10 Boomers will be buying CE for self Shoppers anticipate spending about $700 on CE during this period, but only half (54%) is going toward gifts Dollars to be spent on self 48% Millennial dollars 38% Boomer dollars Personal computing is still a hot category among Boomers Plan to purchase a laptop/tablet/hybrid 70% Boomers 53% CE shoppers 14% Expect to use mobile to purchase 60% Millennials Boomers 43% 45% Gen X Shoppers will spend Physical store purchasing 49% Online purchasing 51% Shoppers will research, plan, and purchase both online and in store 80% Black Friday is defined as November thru Black Friday/Cyber Monday week CONSUMER ELECTRONICS BEHAVIOR PREDICTIONS Black Friday Cyber Monday 4K UHD TV Deal! 4 of 10 shoppers plan to buy CE during the Black Friday period November 24 Black Friday 27 Cyber Monday 65% plan to shop on Cyber Monday week plan to shop on Black Friday 70% plan to shop pre-Black Friday 46% Stay tuned for more: GfK will uncover shoppers’ actual behavior in our upcoming Black Friday 'post-game' report!

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Page 1: CONSUMER ELECTRONICS BEHAVIOR PREDICTIONS 4 of 10 … · plan, and purchase both online and in store 80% Black Friday is defined as November thru Black Friday/Cyber Monday week CONSUMER

Expect to use mobile to plan

82%Millennials

Boomers 70%63%Gen X

Shoppers expecting to shop early/often for consumer electronics this season

Holiday shopping for CE covers a wide range of products across mature/newer categories

Source: GfK's Consumer Electronics Shopper Black Friday reportKnowledgePanel® Digital base which tracks mobile behavior on US consumers, all data is for ages 18-70Contacts: [email protected] or [email protected]

© GfK 2017

Plan to purchase

CE buyers with Amazon Prime are “primed” to smart products

Digital Home Asst

Digital Home Asst

Smart Home Energy Fitness

Band

Smart TV Box/Dongle Smart

HomeEnergy

SmartWatch

Omni-channel continues to rule across many high involvement CE products, mobile purchase expected to be high. Millennials are among the most mobileResearch, planning, or purchasing Purchasing

Mill

Gen X

Boom

20%

12%8%

24%18% 16%

13%

Prime members Non-Prime members

28%

21% 19% 19%15% 14%

11%

Generations will be shopping di�erently - for gifts AND for self this period

8 in 10 Millennials will be buying CE for self

6 in 10 Boomers will be buying CE for self

Shoppers anticipate spending about $700 on CE during this period, but only half (54%) is going toward gifts

Dollars to be spent on self

48% Millennial dollars

38% Boomer dollars

Personal computing is still a hot category among BoomersPlan to purchase a laptop/tablet/hybrid

70%Boomers

53%CE shoppers

14%

Expect to use mobile to purchase

60%Millennials

Boomers 43%45%Gen X

Shoppers will spend

Physical store purchasing49%

Online purchasing51%

Shoppers will research, plan, and purchase both online and in store

80%

Black Friday is defined as November thru Black Friday/Cyber Monday week

CONSUMER ELECTRONICS BEHAVIOR PREDICTIONS

Black FridayCyber Monday

4K UHD TV

Deal!

4 of 10 shoppers plan to buy CE during the Black Friday period

November

24BlackFriday

27

CyberMonday

65% plan to shop on Cyber Monday week

plan to shop on Black Friday70%

plan to shop pre-Black Friday

46%

Stay tuned for more: GfK will uncover shoppers’ actual behavior in our upcoming Black Friday 'post-game' report!