(Length: 4 pages)
This is a Consumer Technographics document

August 26, 2003

Why Consumers Buy Technology: It's A Family Affair

by Jed Kolko

with Michael E. Gazala, Sheila Baxter


Executive Summary (This is a document excerpt)

This is the seventh brief in our "The Changing Consumer" series. Between 1998 and 2003, consumers grew more motivated by family and entertainment and less by career. The aging population will continue to shift from career to family motivation, challenging technology marketers to sing a more family-friendly tune.

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Figures & Data
  • Figure 1.  Family And Entertainment Motivations Have Grown
  • Figure 2.  Consumer Motivation Changes Through The Life Cycle
  • Figure 3.  Family-Motivated Consumers Are Slower Technology Adopters
   

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Industry: Consumer Technology
Geography: North America