Men Vs. Women Online Spending
Essay Preview: Men Vs. Women Online Spending
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While women generally represent the more sought-after gender by typical offline marketers they control the majority of families at liberty income new research suggests that its men that spend the most online, particularly in certain product categories.
According to new research from America Online, men will spend up to 15 percent more during the current holiday season. Based on the data, gathered from more than 6,200 shoppers, men will spend an average of $326 online, versus womens $284 dollars.
Outside of the holiday season, men spend an average of $204 monthly on Internet goods and services, while women spend about $186.
The survey also found that men who buy online go on the Web to look for deals more often than their female online shopping counterparts about 31 times a month, versus 22 times for women. Women make about 20 percent fewer online purchases each month.
Luxury goods and services represent a key segment for the male shopper, with 42 percent of the surveys participating males saying they shopped for such items online. Thats compared to 35 percent of women. Additionally, online men are also willing to spend a maximum of $1,751 for a single item they buy online, while women said they would pay $787.
Its not clear why this is the case. One reason might stem from males greater experience in online shopping. About 46 percent said they have been e-commerce users for more than three years, while slightly fewer — 39 percent — women reported having similar tenures.
Its important to note, however, that female shoppers actually outnumber male shoppers, according to AOL, which conducted the survey in August and September. (Other studies back this up — Shopping.com reported during last holiday season that women comprised more than 52 percent of its traffic.)
“While women do represent the majority of online shoppers, men