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The Eighth wave of a new annual report profiling these up and coming Millennials. Buzz on Back-to- School Study 8.0

Millennials 8.0: Back to School

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Buzz Marketing Group's EIGHTH WAVE of our annual report profiling 20somethings. This month, we talk to Millennials about going back to school.

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Page 1: Millennials 8.0: Back to School

Th e E ig h th wa ve o f a n e w a n n ua l r e p o r t p r o f ili n g th e s e u p a nd c o m i ng Mille n n ia ls.

Buzz on Back-to-School

Study 8.0

Page 2: Millennials 8.0: Back to School

9000 buzzSpotters®

male 47%

female 53% 27

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Who was Involved?

/ buzzmg.com

278 members of our buzzSpotter® network participated in th is survey.

This network is used as a resource for ethnographies, focus groups, personal

interviews, immersion experiences, surveys, and polls.

Overall, this panel is composed of trend influencers, and represent all of the “tribes” we have identified, which

include: independents, preppies, techies and alternatives.

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Page 3: Millennials 8.0: Back to School

The majority of participants are from these states.

STATS BY STATE AND PERCENTAGE >>>

location

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Page 4: Millennials 8.0: Back to School

The respondents ranged in age from 15 – 30 years old.

AGE

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Page 5: Millennials 8.0: Back to School

ethnicity

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Page 6: Millennials 8.0: Back to School

Relationship Status

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Page 7: Millennials 8.0: Back to School

Education

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Page 8: Millennials 8.0: Back to School

employment

buzzmg.com

25% of our students are working full-

time or part-time wh ile studying at the

same time.

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Page 9: Millennials 8.0: Back to School

Household income

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30% of our students fall between

the national average h ouseho ld

income of $33,000 and $82,000

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Page 10: Millennials 8.0: Back to School

Who do you shop with?

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Page 11: Millennials 8.0: Back to School

When will you begin back-to-

school shopping?

buzzmg.com

36% of our students wait to start their

back-

to-sch oo l sh opping until at least two weeks

before sch oo l starts.

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Page 12: Millennials 8.0: Back to School

How many times will You go shopping?

buzzmg.com

58% of our students will go sh opping as many

times as they need to in order to get everyth ing

they need for sch oo l.

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Page 13: Millennials 8.0: Back to School

How will the economy impact your spending?

buzzmg.com

As a result of the economic climate, 75% of our

students will be looking for the best sales.

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Page 14: Millennials 8.0: Back to School

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How much do you plan to spend on

your back to school supplies

this year?

buzzmg.com

Page 15: Millennials 8.0: Back to School

Do you plan to spend more or less this year?

buzzmg.com

There will be an even number of students

spending more, less, and the same amount of

money as last year.

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Page 16: Millennials 8.0: Back to School

Did you use coupons last

year?

buzzmg.com

There is an 18% increase in the amount of

students who will use coupons in comparison to

th ose who used last year.

Are you using coupons this year?

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Page 17: Millennials 8.0: Back to School

Where will you purchase your

items this year?

buzzmg.com

Office supply stores, department stores, and

retail stores are among the top ch oices o

f where

our students will sh op for their merchandise.

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Page 18: Millennials 8.0: Back to School

How much do you plane to spend on

clothes?

buzzmg.com

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Page 19: Millennials 8.0: Back to School

How much do you plane to spend on

basic school supplies?

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Page 20: Millennials 8.0: Back to School

How much do you plane to spend on

electronics?

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Page 21: Millennials 8.0: Back to School

Which electronics do you plan to

buy?

buzzmg.com

27% of our students plan to buy a laptop making

it the most popular back to sch oo l electronic th is

year followed by a smart ph one.

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Page 22: Millennials 8.0: Back to School

If you plan to buy a laptop, which

brand?

buzzmg.com

More than half of our students plan to buy an

Apple laptop and 13% plan to buy a Dell laptop.

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Page 23: Millennials 8.0: Back to School

Where are you most likely to

purchase electronics?

buzzmg.com

Our students are looking to retailers like B

est

Buy, Amazon, Target, and Walmart for their

electronics in 2012.

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Page 24: Millennials 8.0: Back to School

What is most important when

purchasing a laptop?

buzzmg.com

Quality is far more important than anyth ing

else for our students when purchasing a lap

top.

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Page 25: Millennials 8.0: Back to School

Where do you spend most of

your time other than school?

buzzmg.com

If our students are not with their friends

during their free time, you will probably find

them online.

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Page 26: Millennials 8.0: Back to School

buzzmg.com

Interestingly, 71% of our students plan to spend up to $200 on basic back to sch oo l supplies, 34% plan to spend up to $200 on clothes and a little under half of them will spend up to $200 on electronics th is season.*

A majority of our Millennial students, 61%, will begin their back to sch oo l sh opping one month to two weeks prior to the start of the new sch oo l season. More than half, 58%, also admitted they will sh op until they have everyth ing they need with out putting a limit on the amount of trips they will take.*

When it comes to purchasing electronics, Millennial students are decisive as to what they want and who they prefer to buy from. The top purchases include: laptops and smart ph ones. The top three retailers of th is back to sch oo l season include: Best Buy, Target and Walmart.*

KEY FINDINGS

Page 27: Millennials 8.0: Back to School

Buzz Marketing Group 1515 Market St. Suite 1810 Philadelphia, PA 19102 215.399.5679 www.buzzmg.com

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