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Consumer Snapshot April 2015
1.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com April 2015 Consumer Snapshot
2.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® sentiment strategy Disclaimer: Prosper Business Development and its affiliated companies (“Prosper”) make no warranties, either expressed or implied, concerning: data gathered or obtained from any source; the present or future methodology employed in producing the statistics; or the data and estimates represent only the opinion of Prosper and reliance thereon and use thereof shall be at the user’s own risk. April 2015 outlook by age
3.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® sentiment consumer sentiment month-over-month, confidence bobbles 1.5 points to 49.0% in April, even with February very confident/confident in chances for a strong economy {adults 18+} Source: Prosper Insights & Analytics 13 month summary with gas prices remaining relatively low, consumers continue on a pretty confident track for 2015 41.2% 49.0% 30% 35% 40% 45% 50% 55%
4.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® sentiment confidence continues to climb consumers push past recession-era pessimism with the current reading eclipsing pre-downturn Apr-07 by more than two points Source: Prosper Insights & Analytics very confident/confident in chances for a strong economy {adults 18+} will confidence lead to spending growth? consumer sentiment month-over-month, confidence bobbles 1.5 points to 49.0% in April, even with February 13 month summary with gas prices remaining relatively low, consumers continue on a pretty confident track for 2015 46.5% 23.0% 49.0% 0% 10% 20% 30% 40% 50% 60%
5.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® strategy practicality & focus on needs {adults 18+} practical purchases with confidence dipping a point this month, it appears that consumers’ practical sentiment responds continued focus on needs those focused on just what they need at the store also rises a point month-over-month to a current 46.3% Source: Prosper Insights & Analytics in April, 39.2% assert pragmatic purchase intentions, rising marginally from March, though resting 2.5 points below Apr-14 48.5% 46.3% 41.7% 39.2% 30% 35% 40% 45% 50% 55% I have become more practical and realistic in my purchases I focus more on what I NEED rather than what I WANT April’s reading resides two points below a year ago
6.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® outlook by age a generation of contradictions Source: Prosper Insights & Analytics confidence / practicality {by age} 49.0% 39.2% 0% 20% 40% 60% Adults 18+ 18-34 35-54 55+ Confident/Very Confident in Economy Have Become More Practical in Purchases while younger consumers express the highest confidence in the economy, they are also most likely to assert practicality when purchasing
7.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® outlook by age a generation of contradictions Source: Prosper Insights & Analytics employment layoffs / direction of gas prices {by age} 19.3% 43.4% 0% 10% 20% 30% 40% 50% Adults 18+ 18-34 35-54 55+ "More" Layoffs in Next 6 Months Expect Higher Gas Prices a generation of skeptics? more than one in five (22.3%) 18-34 year olds expect “more” layoffs over the next six months, higher than their older counterparts a substantial number of consumers overall (43.4%) feel that pump prices will rise by the end of April, but this figure rises to 45.3% among 18-34 year olds while younger consumers express the highest confidence in the economy, they are also most likely to assert practicality when purchasing
8.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® 38.8% 40.8% 0% 20% 40% 60% Adults 18+ 18-34 35-54 55+ Saving Enough for Future Needs Somewhat/Very Financially Stable outlook by age Source: Prosper Insights & Analytics employment layoffs / direction of gas prices {by age} a generation of savers nearly half (46.1%) of 18-34 year olds indicate they are saving enough for future needs, yet are less likely to feel financially stable a generation of contradictions a generation of skeptics? more than one in five (22.3%) 18-34 year olds expect “more” layoffs over the next six months, higher than their older counterparts a substantial number of consumers overall (43.4%) feel that pump prices will rise by the end of April, but this figure rises to 45.3% among 18-34 year olds while younger consumers express the highest confidence in the economy, they are also most likely to assert practicality when purchasing
9.
www.ProsperDiscovery.com © 2015,
Prosper®www.ProsperDiscovery.com © 2015, Prosper® Pam Goodfellow Consumer Insights Director Prosper Insights & Analytics™ pam@goProsper.com ProsperDiscovery.com thanks visit ______________________ to access: Consumer Snapshot InsightCenter™ PowerPoint Slides …and more ConsumerSnapshot.com
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