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Boomers Ahead On Tech Curve Where It Counts: Their Wallets
While Boomers are arguably less tech-savvy than younger consumers, they spend more money on technology, and on the Web, than any other age demographic. That's according to a new report from Forrester, which details tech adoption among American and Canadian consumers in the second quarter of the year.
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Dealers Say Credit Access Helping Recovery in Auto Sales
New-vehicle buyers are having an easier time getting credit, signaling U.S. auto sales may continue to accelerate after last month reaching the fastest pace since the government's "cash for clunkers" program.
Federal Reserve data shows banks began easing consumer- lending standards in July, and the Fed's loan facility program rejuvenated the market for securitized auto debt, said Ellen Hughes-Cromwick, Ford's chief economist. Data from CNW Research shows improved sales for buyers with weaker credit scores. Read More
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Radio Is Killin' It With Mobile
While brand marketers and ad agencies are scrambling to figure out how to use mobile advertising, some of the best success stories can be found in the unlikeliest of places -- radio. Radio is often incorrectly thought of as an "old" form of media that doesn't lead the charge in innovation.
The truth is radio has been incorporating mobile into its traditional advertising model for quite some time, leveraging this new medium to more effectively engage advertisers with listeners. Read More
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Breakfast Opportunities Increasing for Quick-Service Providers
Consumers want morning meal options that are healthful and convenient, a market research report said this week.
The breakfast daypart has been growing steadily in recent years and now accounts for about 12 percent of total restaurant industry sales, generating about $42 billion annually, according to the 2011 "Breakfast Consumer Trend Report" by Chicago-based Technomic Inc. Read More
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This Is Your Brain On Digital
It was Freud who first suggested that our childhood was a precursor to our adult selves. And ever since that landmark theory was proposed, people have been obsessed with the inner-workings of the human mind. How do we formulate our thought processes? How does bias shade our thoughts and actions? Read More
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New Survey Examines Teens' Preferences as Consumers
In Addition to Fashion, Piper Jaffray Study Also Identifies Dining, Electronics and Personal Care Choices
Piper Jaffray recently published its semi-annual, proprietary "Taking Stock With Teens" survey, results of which indicate a clear bias toward value brands and lower overall prices paid for fashion products at all levels of household income. Read More
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Study Highlights the Power of Radio
According to a study by Ipsos OTX MediaCT in partnership with Katz Marketing Solutions, people who are exposed to radio ad campaigns demonstrate high levels of engagement with brands at all stages of the purchase funnel, and particularly across metrics such as brand affinity and advocacy. Read More
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Bigger TVs, DVR and Wi-Fi among Hot U.S. Home Technology Trends
As Americans' voracious appetite for home entertainment and technology continues to expand and evolve, so do the devices, gadgets and accouterments to support the craving. Nielsen's Q2 2010 Home Technology Report identifies the key technology trends that are hot and the ones that have cooled based on a two-year trend review of self-reported survey data. Read More
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Small Businesses Like Facebook, Hate Groupon
One out of every four small business owners doesn't trust social media, according to a recent survey by iContact, an email and social media marketing company.
The reasons for the distrust ranged from businesses believing social media was "an enormous time commitment" to the belief that social networks benefit only those that can "manipulate the system." Read More
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