Teens Decide Which Consumer Electronics Make The Grade
New InsightExpress Survey Shows That While Only 30% Will Pay for Devices Themselves, Students Still Hold the Buying Power When Choosing Brands
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STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 4, 2004-- This fall, back to school shopping for students means more than just school supplies as teens shop for new consumer electronics. According to an online survey of 300 junior and senior high school students conducted online by professional research firm InsightExpress(R), students looking for new electronics say they're the ones in control of the consumer electronics budget and brand buying decisions.
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Devices most wanted by teens include MP3 players, cell phones, and digital (still and video) cameras. While students plan to pay for only 30% of electronics purchases themselves, teenagers say they still wield more buying influence than their parents. According to the survey, teens decide which brands to purchase for the following:
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Device Decides Parents Decide Decide
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MP3 56% 24% 14%
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Digital Camera 39% 26% 27%
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Digital Video Camera 36% 31% 22%
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Cell Phone 35% 34% 22%
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Computer 30% 27% 34%
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"Students are more educated not only in terms of what devices they want to own, but also which brands," says Lee Smith, president and COO of InsightExpress. "Teenagers hold a tremendous amount of influence when it comes to the devices they select, and savvy manufacturers will recognize the opportunity this audience represents."
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When it comes to learning about new high tech devices, students turn to friends (72%), the Internet (70%), television (70%), magazines (58%), and school (44%).
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The online survey of more than 300 students, was conducted in early August 2004. The data has a tolerance of +/-5.6%
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About InsightExpress
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InsightExpress is the acknowledged pioneer of rapid turnaround, high-quality, online market research services. With its award-winning and patented technology, market research expertise, and access to more than 100 million online individuals, InsightExpress enables its clients to easily harness market research to make the right business decision in real time. InsightExpress is affiliated with General Atlantic Partners. Visit us on the Web at www.insightexpress.com or call 203-359-4174.
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Contacts
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McCoin & Smith Communications LLC
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Chris McCoin, 508-429-5988
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chris@mccoinsmith.com
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Richard Smith, 978-433-3304
rick@mccoinsmith.com