+ All Categories
Home > Documents > CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

Date post: 24-Dec-2015
Category:
Upload: ashlynn-robbins
View: 215 times
Download: 1 times
Share this document with a friend
Popular Tags:
19
CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOH N POIMIROO, POIMI ROO & PARTNERS
Transcript
Page 1: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

CONSUMER VALU

E AND

LIFESTY

LE T

RENDS /

INDIC

ATORS

J OH

N P

OI M

I RO

O,

PO

I MI R

OO

& P

AR

TN

ER

S

Page 2: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

2010 - YEAR OF THE BED BUG

Page 3: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

TOP 10 TRAVEL ACTIVITIES

1. Visiting friends and relatives

2. Sightseeing

3. Beaches/waterfronts

4. Zoos/aquariums/science museums

5. National Parks

6. State Parks

7. Going on a cruise

8. Theme Parks

9. Visiting a City

10.Visiting a mountain area

Source: travelhorizons™, July 2009

Page 4: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

• Not a week goes by• Continued threats• Inconveniences to

travel• Greater employment

of technology• Greater intrusion on

personal privacy• Airline delays and

mergers• Frustrated travelers

THE IMPACT OF TERRORISM

Page 5: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

LOWERED BUDGETS,NOT LOWERED EXPECTATIONS

Comfort Travel Pampering without the cost Retro lodging with contemporary services

Page 6: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

BOOMERSO L D E R B O O M E R S ( 1 9 4 6 – 1 9 5 4 )

15% of leisure travelers4.4 leisure trips/year

Y O U N G E R B O O M E R S ( 1 9 5 5 – 1 9 6 4 )

21% of leisure travelers4.1 leisure trips/year

Boomers now are 46 to 64 years old

Page 7: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

X GENERATION

Born 1965 – mid 1970s (41 million)Career orientedEntrepreneurial (Think Dot Com)Transition from job to job, easilyPragmaticFriends are important to themFirst computer generation – online buyersFrustrated home buyersSome travel with parents or give kids to parents and travel as couples

Skeptical of advertising claims

Page 8: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

Born mid- 1970s - 2002Echo Boomers (1982 – 1995)51 millionInherently Wired Cell phones Email Blogs Virtual tribes

Friends as Family 3 in 4 working mothers; 1

in 4 single parent families

I am my own person Communications must be

hip and popular without looking commercial

Meaningful life Public service is important

Not career ladder orientedSpontaneous travel decisionsTravel with friendsPessimistic about their future

Y GENERATION (MILLENNIALS)

Page 9: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

Z GENERATION (GENERATION ALPHA)

Born 2003 - 2010 The children of Gen Xs and some millennials Entirely born in the 21st century At the edge of becoming players Influence Gen X travel decisions Very hip about pop culture, influenced by media Making purchase and life decisions earlier

i.e., They want gift cards for Christmas Highly connected Impatient, instant-minded Lack ambition Consumer oriented Individualistic Structured lives – day care, youth sports, after-school programs

Page 10: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

FAMILY TRAVELERS• 23% of U.S. adult leisure travelers are a

parent or parents with children

• 7% of adult leisure travelers are grandparents with grandchildren

• Multi-generational travel (Vacation Homes)

• Dual wage earners

• Single-parent households

• Split vacations due to divorce

• Scheduling conflicts - youth sports, school years, compressed vacations, work conflicts

• Simplified vacations – all inclusive, packaged

• Shift from camping to lodging

• Combination of tent camping with RVs, yurts, tent cabins, cabins, park models or lodging.

• Ethnic, non-camping families

• Multiple family travel• 50% know another group of campers

Source: travelhorizons™, July 2009

Page 11: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

SOLO TRAVEL

• 11% of U.S. adult travelers• 4.3 trips per year

• Mostly single travelers• Increasingly, a Choice• Independence• Greater contact with locals• Greater interest by locals• More time for yourself• More challenging, enriching,

expanding• Focus on the destination, culture,

history, not on your traveling companion

• Personal growth

Source: travelhorizons™, July 2009

Page 12: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

• 18% of U.S. adults travel with pets (29.1 million)

• 78% dogs• 18% cats• 76% in cars• 10% in RVs• 6% fly

• Continental kennel• Pet-friendly lodging• AAA Guide

• Dog walking tours of France and the wine country

• Pet Passports

TRAVEL WITH PETS

Source: travelhorizons™, July 2009

Page 13: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

X-gens, Y-gens and BoomersVoluntourismEdutourismAdventure TravelTravel with a purpose

Travel with meaning

PURPOSE-DRIVEN TRAVEL

Angel Island State Park

Page 14: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

• Take a hike and call me in the morning

• Childhood obesity and diabetes

• For Physical and Mental health

• Unplug and go outside

PARK PRESCRIPTIONS

Page 15: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

ENVIRONMENTAL TRAVEL

79% of U.S. adults say they’re environmentally conscious

Yet, they won’t pay extra to support environmentally-friendly travel providers

They want more for the same price

Source: travelhorizons™, July 2009

Page 16: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

LATINO TRAVELERS

Page 17: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

• 8 consecutive months of growth

• International visitors spent $11.6 billion on travel to and within the United States in August—$1.6 billion more than the previous August

• Total international visitor spending in the United States has increased, on average, $1.0 billion a month in 2010.

• Top markets for public lands:

• Germany/Austria• UK• The Netherlands

INTERNATIONAL TRAVEL

Page 18: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

TRAVEL FROM CHINA

61% increase$3.5 billion in 2008

Page 19: CONSUMER VALUE AND LIFESTYLE TRENDS / INDICATORS JOHN POIMIROO, POIMIROO & PARTNERS.

POIM

IROO &

PART

NERS

J OH

N@

PO

I MI R

OO

. CO

M


Recommended