Consumer behavior has been defined as the “acquisition, consumption and disposition of products, services, time and ideas by decision-making units”. It is the study of individuals or groups select, purchase, use or dispose of products, service, ideas, or experiences to satisfy needs and desires.
Generation X, those born between 1964 and 1982, often get ignored next to the massive influence of boomers, millennials and Gen Zs. While Gen X may be smaller in numbers than millennials, they may well be in a better position to be big spenders over the next decade. Gen X was the first generation with majority of them and their parents working jobs and out of the house most of the day. They came along at a time when the divorce rate was dramatically rising, leading to more single-parent households and more independent decision-making children.
Methodology:
This report draws insights from GlobalWebIndex’s Q1 2019 waves of research across 45 countries, with a global sample of 49,253 Gen X internet users aged 37-55.
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