Small Business Blog
 
Marketing, Managing and Growing Your Business 

Blog Home | About this Blog  
     
Subscribe  





Compliance and HR

- Labor Law Posters
- Safety Posters
- Employee Handbook
- Employment Forms
- Payroll Software
- Restaurant Posters
- HR Training & Tools
 
Legal and Financial
- Incorporate Online
- Merchant Accounts
- Legal & Business Forms
- Business Loans
 
Productivity & News
- Do-It-Yourself Email
- Free Magazines
- Templates &
  Productivity Tools
- Find Jobs, Find
  Employees
 
Small business and home business ideas and advice on marketing, employees, financing, and start-up.
Ask BKH 
Business Ideas
Business Plans
Career 
Franchise Information
Growth & Leadership
Home Business
Human Resources
Internet Business
IRS Resources
Law
Long Island Businesses
Mailing & Shipping
Marketing
Management
Money & Finance
Small Business Blog
Start Business
Technology
Tips & Hints
Videos

Event & Party Planning
Medical Transcription
Secretarial Businesses
Writers & Publishers
Of Thee I Sing
 

Polls
iPhone Help
More Resources
Online Florist


Welcome
Feedback
Who we are
Site Map

 
 
 

Previous: Buzz Worthy: Our Top 10 Retweeted Articles of 2009
Next: Bullet-Proofing Your Business in Today's Economy


Consumers Look To Web For Help Achieving Financial Goals
Posted by

According to the results of a recent Performics study, consumers are looking forward to 2010 to get back on track financially. The findings come from the ninth month of consumer behavior findings in their “2009 Online Buyer Economic Trend Study.”

The study found that the Internet will play significant roles for many consumers as they fulfill their New Year’s resolutions. Nearly half (48 percent) of respondents indicated they would use the Internet to perform research as it relates to accomplishing their resolution. Furthermore, 36 percent indicated they would go online to purchase items to further their resolutions and 14 percent said they would utilize an online support group or community to help reach their 2010 goals.

“Anyone can resolve to make a change at the start of the year, but sticking with it often turns out to be an entirely different story,” suggests Michael Kahn, SVP of Marketing at Performics. “We discovered that nearly one third (29 percent) of respondents plan to use the Internet to track the progress they’re making with their resolutions. Interestingly, this activity specifically appealed to the younger population; where 44 percent of those in Generations X and Y (18-44) are likely to track progress online, compared to only 20 percent of those ages 45 and older who intend to do so.” Performics is the performance marketing expert within Publicis Groupe.

Respondents said their biggest 2010 New Year’s resolutions include:
• Saving more money: 41 percent
• Enjoying life: 38 percent
• Losing weight: 38 percent
• Debt reduction or elimination: 36 percent

Performics delved deeper into the year’s top resolution topic – money management. Fifty-six percent of respondents saved less than they originally planned to in 2009. Divided along gender lines, 61 percent of women indicated that they did not save as much as planned versus 48 percent of men. After not saving as much money as planned in 2009, 55 percent plan to save more in 2010. Of that majority, 66 percent of women versus 44 percent of men indicated they plan to save more. There were also age gaps among planned savers in 2010. Surprisingly, 66 percent of 18-44 year olds plan to save more in 2010, versus 50 percent of those ages 45 and older.

“Regardless of age or gender, consumers are clearly ready for a fresh start in the new decade,” notes Kahn. “For the past two months, most respondents have said they’ll reintroduce purchases into their budget this year, and consumer confidence has been rising. Balancing these returns to spending with resolutions to boost saving could present some challenges, but consumers clearly feel more confident entering 2010 than when they entered 2009.”

In December, 58 percent of respondents indicated that their household economic situation is the same or better, compared to only 47 percent in April. December also marked the second consecutive month when a majority of consumers indicated a positive perception of their household economic situation. Additionally, respondents who utilized low-interest mortgage rates, Cash for Clunkers and the new home owner $8,000 stimulus package in 2009 reported better household economic situations as a result.

Performics commissioned ROI Research to conduct this study, consisting of monthly surveys from April through December 2009. The December survey was conducted over a two-day period among 300 consumers who have made an online purchase in the past six months. For complimentary copies of the December findings overview, please contact Addie Reed at: areed@preturn.com.

Posted on January 11, 2010 at 1:18 PM | Comments (0)

Comments

Post a comment




Remember Me?




S P O N S O R S

 
 

Recent Entries
Update Copyright Notice

Resolutions That Will Never See the Light of Day

Labor Law Poster Changes for 2012

What does 2012 hold in store for small businesses? What trends will affect small business growth and prosperity in the new year?

Changing Site Design

Woman-owned and employee statistics from SBA

Archives
scams and phishing

9/11

Advertising - PPC Ads

Book Reviews

Business Ideas

Computers and Technology

Customer Service

Disasters

Economy

email

Employment

Home Business

Human Resources

Insurance

Internet

Internet Marketing

Law

Leadership

Marketing

Merchant Account

minority-owned business

Miscellaneous

Money

Office management

Productivity

publicity

Retailing

Sales

social networking

Start-up

Statistics

Tax and Accounting

Travel

woman owned business

Websites Worth Note
Business Know-How

Franchise Trade

 

 

 

Disclaimer
[Article Submission Guidelines]
[Welcome] [About Us] [Advertise]
[Small Business (home page)] [Marketing] [Direct Mail Ideas]
[Human Resources] [Money Management] [Business Loans] [Franchise]
[Start A Business] [Home Business] [Tips & Hints]  [Ask Business Know-How]
[Blog] [Legal Know-How] [MLM Know-How] [Career]  [Feedback] [Free Newsletter]
Privacy Statement

The information compiled on this site is Copyright 1999-2012 by Attard Communications, Inc. and by the individual authors.
Business Know-How is a woman-owned business and a registered trademark of Attard Communications, Inc.
Phone: 631-467-8883.

http://www.businessknowhow.com