After making a luxury purchase, most Americans (70.8%) "verballytellsomeone" about their latest acquisition, while fully three in ten (30.3%) head tosocial mediasites to share the news,according toa survey fromEmpathica.

Among luxury consumers who share information about what they buy, Facebook is the topsocial mediadestination (18.2%), followed by Twitter (5.0%), various other social sites (4.9%), and blogs (2.2%).

Canadians are less likely to use social channels to discuss their luxury purchases. Even so, 21.9% do, with Facebook topping the list (14.7%), followed by Twitter (3.6%), other social sites (3.2%), and blogs (0.4%).

总的来说,然而,当购买luxury goods, Canadians are less likely than Americans to prefer online shopping (19.6% vs. 48.1%):

Below, other findings from Empathica's Consumer Insights Panel survey among buyers of luxury goods.

People tend to brag about finding deals: Luxury consumers in the US and Canada are more likely to brag about the deals they find than paying high prices (30.4% vs. 3.5%); but most (44.7%) luxury consumers prefer not to talk to others about how much they pay for items.

Consumers' Research Habits for Luxury Goods

Before committing to make a luxury retail purchase, most Americans (77.1%) and Canadians (66.4%) say they spend considerable time researching products.

Americans and Canadians use multiple channels to gather shopping information, including the following:

  • A company website: 72.0% of Americans; 58.0% of Canadians
  • A retail location: 64.9% of Americans; 70.6% of Canadians
  • Online reviews: 47.3% of Americans; 40.2% of Canadians
  • Social media sites: 12.8% of Americans; 11.7% of Canadians

Asked to consider how they made theirmost expensive purchaseover the previous six months, consumers (in US and Canada combined) cited general online research (71.0%), visits to a brick-and-mortar store (57.3%), online reviews (47.8%), and speaking directly with sales associates (43.6%).

Fewer consumers checked out social media sites such as Facebook (4.4%).

Most (31.9%) consumers justify their luxury purchases as a personal reward and 17.5% say they have simply been delaying the purchase for awhile.

Fewer consumers are motivated to buy luxury goods because of ads they've seen, either via traditional media (4.8%) or social media (2.6%).

About the data:Findings based on a survey via the EmpathicaConsumer Insights Panelamong more than 5,000 North Americans, Wave 2011, Issue 3, conducted during late 2011 and early 2012.

Sign up for free to read the full article.Enter your email address to keep reading ...

Did you like this article?
Know someone who would enjoy it too? Share with your friends, free of charge,no sign up required! Simply share this link, and they will get instant access…
  • Copy Link

  • Email

  • Twitter

  • Facebook

  • Pinterest

  • Linkedin