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American Lifestyles - US - January 2009
American Lifestyles - US - January 2009
Coping with recessionary pressures

Millions of Americans have made subtle changes to their lifestyles in an effort to maintain a relatively high standard of living while reducing expenditures. At the same time, lifestyle trends such as the increased popularity of sustainability, multiculturalism, and healthy living are all compelling behavioral and attitudinal change. As such, it is critical for companies to take an in-depth look at lifestyle trends in the U.S. and to determine how they should position themselves to maximize efforts and attract and retain customers.

Millions of Americans have made subtle changes to their lifestyles in an effort to maintain a relatively high standard of living while reducing expenditures. At the same time, lifestyle trends such as the increased popularity of sustainability, multiculturalism, and healthy living are all compelling behavioral and attitudinal change. As such, it is critical for companies to take an in-depth look at lifestyle trends in the U.S. and to determine how they should position themselves to maximize efforts and attract and retain customers.

This study addresses the following questions:

How American lifestyles are changing in response to the recession
How the eating patterns of Americans are changing
How changes in the demographic composition of the U.S. are impacting consumer lifestyles and the market
What steps marketers can take to maximize communication efforts, given recent shifts in the American lifestyle and popular culture
How social networking and social media sites are affecting consumer behavior and what steps should marketers consider taking to capitalize on the social media trend

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Reflecting a trend that has been seen in a variety of categories, sales of foot care products declined sharply in 2009, as millions of Americans sought ways to reduce discretionary spending and increase savings for a “worst case scenario” plan. While sales fell again in 2010 and 2011, improving economic conditions indicate that marketing and product development teams will want to intensify their efforts ...