This is a service of EIN News a digital news provider
Marketing & Advertising Industry Today
Sign up for a free trial
Register Now
Member center Log In

Youth Purchases Swayed by Brands' Support of Causes, YouthBeat Report Finds

November 3, 2009

CHICAGO, Nov. 3 /PRNewswire/ -- It's not just adults who vote with their wallets in supporting socially responsible brands. Increasingly, young people do too.

The latest edition of C&R Research's syndicated YouthBeat report finds that even children as young as 6- to 10-year-olds are more likely to buy a product if a portion of the price goes to a cause they support. The 20 percent who do so in the YouthBeat survey panel represent the start of a trend line that grows more pronounced with each age group - to nearly 40 percent of tweens (age 9 to 12) and almost half of the teens.

"The youth market is one that most brands want to crack, and small wonder," said Brenda Hurley, a senior vice president of Chicago-based C&R Research. "Some studies put this segment's annual spending power at $43 billion, and that doesn't even factor in children's ability to influence their parents' spending.

"In fact, that influence should be considered as businesses sharpen their cause agendas, since 20 percent of the teens in our panel said they had asked their parents to buy particular products because of their support of a cause," she added.

The YouthBeat report notes that even brands whose footprints just touch on worthy causes, without an explicit tie-in to sales, will see it pay off in a stronger relationship with this market. Nearly 40 percent of teens and tweens (and more girls than boys) say they have bought a product because it was made from recycled materials, for example. Their top concerns include child abuse, animal welfare, drug abuse, world hunger and the environment, among others.

Hurley cautioned, however, that marketers should plan their strategies carefully before playing the social responsibility card, particularly with the youth market. "This is a group that's well-informed and not without some degree of cynicism," she said. "The authenticity factor is critical here. It can be hard to recover if that's compromised."

For further information, visit www.youthbeat.com/soundbites or contact Brenda Hurley at youthbeat@crresearch.com or 312.828.9200.

Chicago-based C&R Research (www.crresearch.com) is one of the nation's largest, independent full-service research firms. Since 1959, it has provided custom-designed qualitative and quantitative research for a wide variety of business-to-business and business-to-consumer clients. In addition to YouthBeat®, C&R Research's specialty research expertise includes Boomers, Latinos, parents and shoppers.

SOURCE C&R Research

Come And Visit

These stories are not published by IPD Group, Inc. and these links will take you to other websites. Some of these websites require their own registration to read their stories.
<<< Please read the disclaimer for more details.>>>
 
 

Take This Poll

For which of the following topics do you have the biggest problem finding news on the Internet? (Nov. 27, 2009)














 

BUSINESS PROMOTION SERVICES

EIN Advertising · Place banner ads on EIN News industry specific publications.

EIN Presswire · Upload press releases to the EIN network and have them submitted to leading journalists and decision-makers worldwide.

EIN Global Events · Reach industry-specific readers and promote events, conferences or exhibitions.

EIN Business Directory · Present company or service information on highly-visible, industry and geo-specific news pages.

NEWS SERVICES

News Publications · In-depth geopolitical and industry specific news coverage aggregated from 35,000 online outlets. Updated every 15 minutes.

News Alerts · Receive a free selection of the day's top stories hand picked by EIN News editors.

Newsfeed Maker · Integrate customized newsfeeds in any format covering all industry and geopolitical topics, updated every 15 minutes.

EIN Presswire · Upload press releases to the EIN network and have them submitted journalists and decision-makers worldwide.

Inbox Robot · Customized newsletters delivered by e-mail. Search a news index monitoring thousands of trusted media sources.

COMPANY BACKGROUND

About EIN News · Established in 1995, EIN News began by supplying business professionals and individuals with relevant and interesting news products. It has grown to become the largest digital news provider in Europe.

Member List · See the partial member list and join a community of professionals from private industry, institutions, and governments that rely on EIN as a critical source for research, breaking news and media services.