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For Market Insights Professionals

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July 25, 2008

Benchmark 2008: The Web Purchasing Power Of Gen X

North American Consumer Technographics

by Sucharita Mulpuru

with Carrie Johnson, Charles S. Golvin, Peter Hult

This is an excerpt

Executive Summary

Despite recent economic woes, online retail sales are projected to grow 17% in 2008 and surpass the $200 billion mark. Further, the bulk of online retail sales are driven by tenured Gen Xers and Boomers, a cross-section of the Web buyer population that values the convenience of the online channel and is actively spending more on the Web. These folks are less price-sensitive, disproving the theory that online shopping inevitably leads to brand-disloyal shoppers. Gen Xers account for 34% of all online shoppers, while Boomers represent 38%.

TABLE OF CONTENTS

  • Gen Xers Comprise More Than One-Third Of Online Shoppers
    • Boomers Dominate Online Shopping
  • Supplemental Material

This is an excerpt

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