Top 10 Question from Ch 6 of Kotler's Marketing Management Book
MKTG470 Retail Therapy Final Project
1. Retail TherapyRetail Therapy
Final ReportFinal Report
Eric NelsonEric Nelson
Meghan GabrielsonMeghan Gabrielson
Michelle KnaflaMichelle Knafla
Vivian TranVivian Tran
Brittany WootenBrittany Wooten
2. Table of ContentsTable of Contents
Section I: Key FindingsSection I: Key Findings
Section II: Methodology and BackgroundSection II: Methodology and Background
Section III: FindingsSection III: Findings
Value, Attitudes, and OpinionValue, Attitudes, and Opinion
Activities to Improve MoodActivities to Improve Mood
Effect of Specific PurchasesEffect of Specific Purchases
DemographicsDemographics
Section IV: ConclusionsSection IV: Conclusions
Section V: RecommendationsSection V: Recommendations
3. Key FindingsKey Findings
Gender is related to shopping to improve moodGender is related to shopping to improve mood
17.5% of men said they shopped to improve their mood while17.5% of men said they shopped to improve their mood while
51.9% of women said they shopped to improve their mood51.9% of women said they shopped to improve their mood ..
Contrary to our qualitative findings, students indicated thatContrary to our qualitative findings, students indicated that
they spend more time participating in alternative activities,they spend more time participating in alternative activities,
besides retail therapy, to improve their moodbesides retail therapy, to improve their mood
Men prefer to shop with others more than women prefer to shop with othersMen prefer to shop with others more than women prefer to shop with others
Happiness is the most common post purchase emotion associated with retailHappiness is the most common post purchase emotion associated with retail
therapytherapy
4. Key FindingsKey Findings
18% of women will spend $26-$500/week18% of women will spend $26-$500/week
12% of men spend $26-$500/week12% of men spend $26-$500/week
Women feel best after spending money on clothingWomen feel best after spending money on clothing
and traveland travel
Men feel best after spending money on specialMen feel best after spending money on special
interests and entertainmentinterests and entertainment
Of the people who shop to improve their mood, theyOf the people who shop to improve their mood, they
are more likely to be in relationship or marriedare more likely to be in relationship or married
6. MethodologyMethodology
Surveyed 322 peopleSurveyed 322 people
17% were 65 and older17% were 65 and older
33% were 45 to 64 years old33% were 45 to 64 years old
50% were 18 to 44 years old50% were 18 to 44 years old
Surveys were conducted from March 25, 2014 to April 7, 2014Surveys were conducted from March 25, 2014 to April 7, 2014
Marketing Research students designed and analyzed the researchMarketing Research students designed and analyzed the research
survey under the guidance of Dr. Mary Celsisurvey under the guidance of Dr. Mary Celsi
7. LimitationsLimitations
A larger sample size would have made for more statisticallyA larger sample size would have made for more statistically
significant resultssignificant results
““Respondents constitute a small nonrandom sample of relevantRespondents constitute a small nonrandom sample of relevant
consumers and are therefore not statistically representative of theconsumers and are therefore not statistically representative of the
universe from which they have been drawn.”universe from which they have been drawn.”
Probability based sample would have been preferred to aProbability based sample would have been preferred to a
non-probability convenience samplenon-probability convenience sample
Limited to a short data collection period (1 week)Limited to a short data collection period (1 week)
Responses to questions were subjective to participants’Responses to questions were subjective to participants’
interpretationinterpretation
8. Research ObjectivesResearch Objectives
Validate our findings from ourValidate our findings from our
qualitative project withqualitative project with
statistical significance.statistical significance.
Discover the shoppingDiscover the shopping
tendencies of men and womentendencies of men and women
and the role emotions play inand the role emotions play in
those tendencies.those tendencies.
We also wanted to explore otherWe also wanted to explore other
mechanisms for dealing withmechanisms for dealing with
emotions, and compareemotions, and compare
participation in those activitiesparticipation in those activities
to retail therapyto retail therapy
In addition, we wanted to find
out what people buy at a time of
extreme emotion…
Clothes?
Technology?
Leisure?
Food?
Social activities?
9. Research on ShoppingResearch on Shopping
52% (64% of women and 40% of men) admit to engaging in52% (64% of women and 40% of men) admit to engaging in
“retail therapy (TNS Global)“retail therapy (TNS Global)
“…“…people who suffer from compulsive shopping orpeople who suffer from compulsive shopping or
spending often spend money when they are experiencingspending often spend money when they are experiencing
negative feelings such as disappointment, anger or fear”negative feelings such as disappointment, anger or fear”
(Chamberlain)(Chamberlain)
““Feeling sad leads to self-centered thinking -- and this, inFeeling sad leads to self-centered thinking -- and this, in
turn, can lead to a greater likelihood of dropping extraturn, can lead to a greater likelihood of dropping extra
cash on something to make you feel better” (Childs)cash on something to make you feel better” (Childs)
““If there’s one antidote to emotional distress, it’s humanIf there’s one antidote to emotional distress, it’s human
connection. We’re a species that’s meant to be with others.connection. We’re a species that’s meant to be with others.
Whether that takes place over dinner, at home, or at theWhether that takes place over dinner, at home, or at the
mall, it’s therapeutic” (Yarrow)mall, it’s therapeutic” (Yarrow)
11. FindingsFindings
Both men and women share common valuesBoth men and women share common values
Gender is related to feelings about shoppingGender is related to feelings about shopping
Gender is related to shopping to improve moodGender is related to shopping to improve mood
17.5% of men said they shopped to improve their17.5% of men said they shopped to improve their
mood while 51.9% of women said they shopped tomood while 51.9% of women said they shopped to
improve their moodimprove their mood..
12. The Importance of Values betweenThe Importance of Values between
Males and FemalesMales and Females
Gender did not
show a significant
difference for most
statements in
determining which
values people rank
as being
important.
13. Shopping Habits of Males andShopping Habits of Males and
FemalesFemales
• Females generally like
to shop more than men
and more likely to be
considered a
‘shopoholic.’
p<.05
• Both males and
females are the same
in these categories:
• Being thrifty
• Feeling good after
resisting the
temptation to buy
p=n.s
14. Is there a difference?Is there a difference?
Only 59% of participants ‘rarely or never’ shop to improve their mood; however
62% of participants ‘rarely or never’ make a purchase to improve their mood
16. FindingsFindings
Both men and women are more likely to participate in other activities besidesBoth men and women are more likely to participate in other activities besides
shopping to improve their moodshopping to improve their mood
Exercise and Talking with Friends and Family were the top 2 choices (in both first andExercise and Talking with Friends and Family were the top 2 choices (in both first and
second choices)second choices)
More respondents shopped out of necessity, but 38% sometimes shopped just for funMore respondents shopped out of necessity, but 38% sometimes shopped just for fun
and 30% sometimes shopped to improve their moodand 30% sometimes shopped to improve their mood
Men prefer to shop with others more than women prefer to shop with othersMen prefer to shop with others more than women prefer to shop with others
The mood people shop to improve most is ‘stressed’ (16%)The mood people shop to improve most is ‘stressed’ (16%)
Happiness is the most common post purchase emotion associated with retail therapyHappiness is the most common post purchase emotion associated with retail therapy
Online and department stores are most popular place where respondents shopOnline and department stores are most popular place where respondents shop
18% of women will spend $26-$500/week18% of women will spend $26-$500/week
12% of men spend $26-$500/week12% of men spend $26-$500/week
17. Activities Used to ImproveActivities Used to Improve
MoodMood
• 86% of
respondents use
talking to friends
and family as a
means to improve
their mood.
18. Continued…Continued…
36% of respondents listed Exercise as their first or second activity to improve their mood
38% of respondents listed Talking to friends/family as their first or second activity to
improve their mood
8% of respondents listed shopping as their first or second activity to improve their mood
19. Reasons for ShoppingReasons for Shopping
38% of respondents
sometimes shop just for
fun
30% sometimes shop to
improve their mood
68% of respondents
often shop out of
necessity
20. How Respondents Prefer to Shop BasedHow Respondents Prefer to Shop Based
on Genderon Gender
• Men and women
both like to shop
alone
• Men like to shop
with others more
than women like
to shop with others
21. How Often Respondents Shop toHow Often Respondents Shop to
Improve MoodImprove Mood
Evenly split:
30% Sometimes
31% Rarely
29% Never
22. Why do people shop to improveWhy do people shop to improve
mood?mood?
• Most respondents (30%)
stated that none of these
moods cause them to
shop
• Stress was the mood that
caused the most
respondents (16%) to
shop
23. Post Purchase FeelingsPost Purchase Feelings
24% of
respondents felt
happy after making
a purchase to
improve their mood
Only 1% felt sad
10% felt relaxed
24. How long do these feelingsHow long do these feelings
last…last…
Shopping to
improve your mood
typically has a short
term effect- from
hours to a day or two
25. Where do you engage in RetailWhere do you engage in Retail
Therapy?Therapy?
18% of
respondents shop
online
17% of
respondents shop in
Department stores
26. How much each genderHow much each gender
spends…spends…
39% of men spent
$25 or less per week
31% of women spent
$25 or less per week
18% of women will
spend $26-$500/week
12% of men spend
$26-$500/week
27. How often males/females trackHow often males/females track
spending…spending…
Men and WomenMen and Women
generally trackgenerally track
their spendingtheir spending
once a weekonce a week
28. The Effect of Specific
The Effect of Specific
Purchases
Purchases
29. FindingsFindings
Clothing/Shoes, Jewelry, Entertainment, Cosmetics,Clothing/Shoes, Jewelry, Entertainment, Cosmetics,
Social Activities, Travel typically make people feelSocial Activities, Travel typically make people feel
betterbetter
Women feel best after spending money on clothingWomen feel best after spending money on clothing
and traveland travel
Men feel best after spending money on specialMen feel best after spending money on special
interests and entertainmentinterests and entertainment
Respondents that reported that they shop to improve their moodRespondents that reported that they shop to improve their mood
usually …usually …
Love to shop (in general)Love to shop (in general)
Feel excited when shoppingFeel excited when shopping
Can be impulsiveCan be impulsive
30. What people buy whenWhat people buy when
shopping…shopping…
Significant:
Clothing/Shoes
Jewelry
Entertainment
Cosmetics
Social Activities
Travel
P<.05
These items
generally make
people feel better
31. What makes who feel best…What makes who feel best…
Women feel bestWomen feel best
after spendingafter spending
money on clothingmoney on clothing
and traveland travel
Men feel best afterMen feel best after
spending money onspending money on
special interestsspecial interests
and entertainmentand entertainment
32. Feelings when RetailFeelings when Retail
‘Theraping’‘Theraping’
Respondents that reported
that they shop to improve
their mood usually …
Love to shop (in
general)
Feel excited when
shopping
Can be impulsive
34. FindingsFindings
50% of respondents living in a household with a monthly income50% of respondents living in a household with a monthly income
of $2001-2500 are more likely to engage in retail therapyof $2001-2500 are more likely to engage in retail therapy
Of the people who shop to improve their mood, they are moreOf the people who shop to improve their mood, they are more
likely to be in relationship or marriedlikely to be in relationship or married
13% of participants have an associates degree13% of participants have an associates degree
50% of this segment shops to improve their mood50% of this segment shops to improve their mood
Males typically work more hours per weekMales typically work more hours per week
More males live in a household with a higher monthly incomeMore males live in a household with a higher monthly income
Respondents who have NO monthly household income are moreRespondents who have NO monthly household income are more
likely to participate in retail therapy than those respondentslikely to participate in retail therapy than those respondents
who live in a household with a monthly income of $11,001-who live in a household with a monthly income of $11,001-
$15000$15000
35. Who we surveyed…Who we surveyed…
As a class, weAs a class, we
surveyed thesurveyed the
gendersgenders
equally.equally.
36. Relationship Status Effect on RetailRelationship Status Effect on Retail
TherapyTherapy
Of the people who
shop to improve their
mood, they are more
likely to be in
relationship or
married
37. Education Level and RetailEducation Level and Retail
TherapyTherapy
50% of those who
shop to improve their
mood have an
Associate’s Degree
p=n.s.
13% of
participants have an
associates degree
38. Race/EthnicityRace/Ethnicity
The majority ofThe majority of
respondentsrespondents
were white; 49%were white; 49%
45% of45% of
respondentsrespondents
werewere
Asian/PacificAsian/Pacific
Islander NativeIslander Native
or Hispanicor Hispanic
39. Hours work based onHours work based on
gendergender
Males who work,
work more hours
than women, on a
weekly basis
More men are
unemployed
40. Income related to RetailIncome related to Retail
TherapyTherapy
50% of respondents
living in a household with
a monthly income of
$2001-2500 are more
likely to engage in retail
therapy
Respondents who have
NO monthly household
income are more likely to
participate in retail
therapy than those
respondents who live in a
household with a monthly
income of $11,001-$15000
41. Gender and HouseholdGender and Household
IncomeIncome
The majority of femalesThe majority of females
live in a household withlive in a household with
monthly income ofmonthly income of
$15,000+ OR $3,500-$15,000+ OR $3,500-
$5000$5000
Living at home?Living at home?
Living on own?Living on own?
Single mother?Single mother?
Doesn’t work?Doesn’t work?
The majority of malesThe majority of males
live in a household withlive in a household with
monthly income ofmonthly income of
$9501+$9501+
Live at home?Live at home?
Make more $?Make more $?
42. Respondents in Debt…Respondents in Debt…
Of our respondents, almost equal numbers reported having no debt
The number of men in debt seem to decrease with the increase in the amount of debt
There is no significance (in our research) between gender and level of debt
43. ConclusionsConclusions
Although our research shows no significance between genderAlthough our research shows no significance between gender
and debt, men did report to have higher levels of credit cardand debt, men did report to have higher levels of credit card
debt than womendebt than women men also reported to track theirmen also reported to track their
spending almost just as often as womenspending almost just as often as women
Stability and security was reported as a top value by bothStability and security was reported as a top value by both
genders, while almost half of our respondents report to havegenders, while almost half of our respondents report to have
some level of debtsome level of debt
Among those reported, stress was the highest cause forAmong those reported, stress was the highest cause for
shopping to improve their moodshopping to improve their mood over half of theover half of the
respondents reported to working 31+ hours a week.respondents reported to working 31+ hours a week.
While stress was the biggest indicator of retail therapy (16%),While stress was the biggest indicator of retail therapy (16%),
only 10% felt relaxed after engaging in retail therapyonly 10% felt relaxed after engaging in retail therapy IsIs
44. Conclusions continued…Conclusions continued…
More women live in households with a monthlyMore women live in households with a monthly
income of $2001-$2500, which has the highestincome of $2001-$2500, which has the highest
likelihood of shopping to improve a moodlikelihood of shopping to improve a mood
Those with an Associate Degree are most likely be inThose with an Associate Degree are most likely be in
early their early twentiesearly their early twenties the largest group tothe largest group to
engage in shopping as a social activityengage in shopping as a social activity
People don’t shopping and making a purchase as thePeople don’t shopping and making a purchase as the
same thingsame thing
45. RecommendationsRecommendations
Since a higher number of women live in households withSince a higher number of women live in households with
a lower monthly income, convenience stores (such as Wal-a lower monthly income, convenience stores (such as Wal-
Mart, Macy’s, JC Penny, Target) offering constant dealsMart, Macy’s, JC Penny, Target) offering constant deals
should heavily market to womenshould heavily market to women
Athletic stores should appeal to the aspect of working outAthletic stores should appeal to the aspect of working out
and the resulting benefits in advertisements – moreand the resulting benefits in advertisements – more
people prefer exercising to shoppingpeople prefer exercising to shopping
Conduct further research on women and monthlyConduct further research on women and monthly
household income to examine gap analysis – can helphousehold income to examine gap analysis – can help
determine marketing strategiesdetermine marketing strategies
Conduct further research on credit card debt and genderConduct further research on credit card debt and gender
—who makes larger purchases (quality) vs. who buys—who makes larger purchases (quality) vs. who buys
46. RecommendationsRecommendations
continued…continued…
Both genders reported that talking with friends and familyBoth genders reported that talking with friends and family
improved their mood – travel companies, entertainmentimproved their mood – travel companies, entertainment
businesses, and social hangouts (the top areas where bothbusinesses, and social hangouts (the top areas where both
genders reported spending their money) can benefit bygenders reported spending their money) can benefit by
offering group deals such as ‘girls night out’ or ‘buy oneoffering group deals such as ‘girls night out’ or ‘buy one
get one half off’ meal and drink offers to attract theseget one half off’ meal and drink offers to attract these
consumersconsumers
Research regarding average financial aid received mayResearch regarding average financial aid received may
help identify why those reported zero monthly income arehelp identify why those reported zero monthly income are
more likely to shop compared to those making $9,501 -more likely to shop compared to those making $9,501 -
$15,000$15,000
Because respondents ‘make purchases’ more frequentlyBecause respondents ‘make purchases’ more frequently
than they ‘shop,’ retail store advertising should focus onthan they ‘shop,’ retail store advertising should focus on
individual items consumers can purchase rather thanindividual items consumers can purchase rather than
focusing on their store being a shopping destinationfocusing on their store being a shopping destination
Notas do Editor
*Note: We sectioned off the findings into subcategories that reflect the sections in the Survey to make it more organized. So we know where to put the anova and crosstab graphs to the section that it most belongs to.
*note: this is an anova graph from document “anova_crosstab”