search
Small Business News from 123Print
 
Adults feel less secure financially than they did a year ago
By THOMAS GRANT
Posted: 9/15/2011 4:16:03 PM

After the Great Recession, many consumers became conservative with their spending and budgeting. As the economic climate remains uncertain, many adults continue to face financial challenges.

The Savings and Spending Report from CouponCabin found 45 percent of U.S. adults feel less financially secure than they did one year ago, and 16 percent said they always worry about money. Even consumers with higher incomes are feeling the strain, as 39 percent of respondents with an annual income of more than $75,000 said they fell less secure compared to 2010.

In addition, 83 percent of Americans said they are living within their means, but felt certain industries are overpricing their items. The report showed 80 percent of respondents felt fuel was too expensive, 59 percent said food was overpriced and 58 percent felt they are charged too much for utilities.

Understanding consumer sentiment is a key step in identifying and communicating with a company's target audience.

A targeted campaign can prove to be a cost-effective way to increase revenue. Because the messages will reach the contacts who are most likely to respond, fewer resources will be wasted on uninterested consumers.

Marketing news provided by 123Print.com - providers of full-color, high quality business cards, postcards, letterhead and a variety of other high quality custom marketing products at low prices. 

 
   
 
Related News
 
By SONIA PARKER
Posted: 5/2/2012 4:03:54 PM
Many businesses throughout the United States are still failing to place all of their trust in the financial system, according to the latest issue of the Chicago Booth/Kellogg School Financial Trust Index...
By EVELYN BRANDT
Posted: 5/1/2012 4:26:07 PM
While Bank of America purchased Merrill Lynch & Co. to help with services such as investment banking, commercial banking and non-U.S. wealth-management units, the company recently announced it is planning to cut 2,000 jobs in the same industries. ...
By J.S. VANDERBERG
Posted: 4/24/2012 2:59:55 PM
With financial education lacking within many business men and women throughout the country, U.S. Bank is focusing its efforts on teaching children the ins and outs of finances with its Teach Children to Save Day...
By SONIA PARKER
Posted: 4/18/2012 3:28:52 PM
Small businesses can often feel overwhelmed with their banking needs, which is why more businesses are opting to optimize their banking by using products like BP Logix Process Director, which automates accounting and loan processing...
By J.S. VANDERBERG
Posted: 4/5/2012 2:04:56 PM
A recent FICO-Elma survey found 71 percent of businesses in parts of Europe believe it will be harder to get credit in 2012 due to the credit gap created by strict regulations...
By SONIA PARKER
Posted: 3/22/2012 1:19:51 PM
Recent research conducted by Novantas found 35 percent of banking customers are "virtually domiciled," which means they are using digital methods for banking instead of visiting bank branches for their day-to-day banking needs...
 
   
 
 
order with convenience
We accept Visa, Mastercard, American Express and Discover
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
Accredited Business