Monday, November 22, 2010

Consumer Research: Coupon Lovers vs. Coupon Avoiders

My brother sent me this information and I found it so interesting! I fit quite a few of the demographics listed for a coupon lover -- guess it's official (as if I, and everyone close to me, didn't already know that!!!). I LOVE COUPONS!!!!

A recent consumer research study by Deals.com and MyType set out to profile the demographics and psychographics of 8,500 online coupon “lovers” and “avoiders.”

If you assume the typical “coupon lover” is a lower income, bingo jockey housewife with her hair in curlers and a cigarette hanging out of her mouth, think again. Here’s what the study found:

Demographic and Psychographic Profile of the Coupon “Lover”

  • High household income (those pulling in over $100K per year are roughly 2x more likely to be coupon lovers)
  • College educated (78% more likely)
  • “Extroverted” and “imaginative” personality types (47% and 25% more likely, respectively)
  • Female (no surprise here, 67% more likely than males)
  • “Green” conscious (37% more likely, is it because online coupon codes are better for the environment)
  • Believe that social responsibility is the most important element of a good work culture (a whopping 151% more likely)
  • Parents (48% more likely)
  • Northeasterners (66% more likely than West Coasters)
  • Devoutly religious (31% more likely)
  • Libertarians (47% more likely and that’s libertarians, not librarians)

In addition, coupon lovers are 220% more likely than coupon avoiders to highly value tradition, and 96% more likely to highly value self-direction.

Demographic and Psychographic Profile of the Coupon “Avoider”

  • “Insecure” or “Temperamental” personality types (33% more likely to be coupon avoiders)
  • Detached, sophisticated, careless and procrastinators (each at least 20% more likely)
  • Men (27% more likely)
  • Insecure, low-income men (130% more likely)

The researchers were surprised at the findings, expecting to see more online coupon lovers among lower income earners and more avoidance with higher incomes and education.

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