The Evolving Face of the US Homebuyer The National Association of Realtors' (NAR) 2024 report provides a fascinating snapshot of the US housing market’s buyer profile that looks significantly different than it did just a few years ago. The data reveals a changing homebuyer. The average buyer age has climbed to a record 56, underscoring the impact of high housing costs and rising interest rates that have sidelined younger would-be buyers. For first-time buyers, the average age is now 38, nearly a decade older than it was in the early 1980s. These changes signal a more mature buyer who brings accumulated wealth and likely more significant financial security to the table. Additionally, a fifth of all home purchases were made by single women, a notable demographic shift reflecting both a societal change in homeownership goals and an economic shift in who can afford to buy. By contrast, single men comprised only 8% of recent buyers. This snapshot highlights what many are calling a “bifurcated housing market,” where those able to buy homes are increasingly established, wealthier individuals, often using home equity from previous properties to secure cash purchases or make substantial down payments. This market has been largely inaccessible to younger buyers, who continue to face affordability challenges, limited savings, and reduced opportunities for financial support in the form of lower mortgage rates. With affordability gauges near record lows, first-time homebuyers hold a mere 24% share of the market, down dramatically from the 40% share held in pre-Great Recession years. Rising prices and interest rates have compounded these barriers, leading to a market where nearly three-quarters of all buyers have no children under 18 at home, reflecting an older and more established buyer profile than in decades past. While this report offers a look back, the trends it captures underscore a potential turning point. Recent mortgage application data suggests that prospective buyers who had previously been priced out or sidelined may begin to re-enter the market as interest rates stabilize. If these sidelined buyers do return, particularly younger and more diverse demographics, the profile of the typical buyer could again start to shift, gradually increasing diversity in age, household composition, and race among homebuyers. At Havas Edge, we’re continually analyzing these demographic shifts to support brands in delivering timely, targeted strategies that meet the realities of today’s buyers and the anticipated resurgence of those who’ve been waiting on the sidelines. #RealEstate #Homebuyers #MarketTrends #HousingEconomics #ConsumerInsights
Shopper Behavior Analysis
Explore top LinkedIn content from expert professionals.
-
-
I fell for it. And I’m a marketer. Walked into Zudio. Walked past the fragrance section. Saw a bold, bright “FREE” written on a perfume box. My Indian brain short-circuited for a second. “FREE?! Really?” Instantly picked it up. Spoiler: it wasn’t free. It’s literally the name of the perfume “FREE by Zudio (For Men)”. But guess what? That one moment of curiosity did its job. I noticed the product. Touched it. Engaged with it. Maybe even considered buying it. That’s the first win for any brand. Zudio didn’t just sell a fragrance here they played with visual hierarchy, cultural cues, and psychology. Here’s why it worked so well: 1. Bold typography + emotional trigger word: “Free” in India is like a magnet. It taps into a deep-rooted love for value (or perceived value). 2. Visual Disruption: The design broke the pattern. It didn’t blend in with the rest, it stood out. So even in a shelf full of options, your eye goes there first. 3. The Power of Touchpoint: The moment a customer physically interacts with a product, the chances of purchase spike dramatically. You’ve already imagined owning it. 4. Curiosity-Driven Engagement: Even if you don’t buy it today, you remember it. It leaves a cognitive imprint. Marketing takeaway? Sometimes, you don’t need a discount to draw attention. You just need to know how people think, feel, and react. So here’s to brands like Zudio for giving us a real-time case study in consumer behaviour - one bold font at a time. (P.S. No, I didn’t buy it. But I almost did. And that’s still a marketing win.) #ConsumerPsychology #RetailMarketing #Zudio #Branding #MarketingStrategy #ImpulseBuying #PerceptionMatters #IndianRetail #UXinRealLife #BrandExperience #QuirkyMarketing
-
I walked into Miniso just to browse, but a tiny design detail caught my attention I reached for a perfume tester, expecting to spray it on my wrist. But there was no push-button. Just an open nozzle, forcing me to bring it close and take a sniff. Observations: 🛍️ Smart Product Placement: Perfumes were neatly arranged in visually appealing color blocks, making selection feel intuitive. 👃 Tester Trick: The tester bottles had no push-button sprays! Instead, customers had to directly sniff the nozzle—reducing impulse spraying by passersby and ensuring serious buyers engage more deeply. 👉 Behavioral Science in Action: 📌 Commitment Bias: If you take the effort to pick up and sniff, you're more likely to consider buying. 📌Scarcity Effect: No free-flowing spray means the product feels more 'exclusive.' 📌Decision Fatigue Reduction: Minimal distractions, clear choices, and a structured layout make buying easier. Retailers are getting smarter—it's not just about WHAT they sell but HOW they sell it. Have you noticed any clever behavioral tactics in stores lately? #BehavioralScience #RetailPsychology #ConsumerBehavior #MarketingStrategy #BrandExperience
-
Every company says they listen to customers. But most just hear them. There's a difference. After spending years building feedback loops, here's what I've learned: Feedback isn't about collecting data. It's about creating change. Most companies fail at feedback because: - They send random surveys - They collect scattered feedback - They store insights in silos - They never close the loop The result? Frustrated customers. Missed opportunities. Lost revenue. Here's how to build real feedback loops: 1. Gather feedback intelligently - NPS isn't enough - CSAT tells half the story - One channel never works Instead: - Run targeted post-interaction surveys - Conduct deep-dive customer interviews - Analyze product usage patterns - Monitor support conversations - Build customer advisory boards - Track social mentions 2. Create a single source of truth - Consolidate feedback from everywhere - Tag and categorize insights - Track trends over time - Make it accessible to everyone 3. Turn feedback into action - Prioritize based on impact - Align with business goals - Create clear ownership - Set implementation timelines But here's the most important part: Close the loop. When customers give feedback: - Acknowledge it immediately - Update them on progress - Show them implemented changes - Demonstrate their impact The biggest mistakes I see: Feedback Overload: - Collecting too much data - No clear action plan - Analysis paralysis Biased Collection: - Listening to the loudest voices - Ignoring silent majority - Over-indexing on complaints Slow Response: - Taking months to act - No progress updates - Lost customer trust Remember: Good feedback loops aren't about tools. They're about trust. Every piece of feedback is a customer saying: "I care enough to help you improve." Don't waste that trust. The best companies don't just collect feedback. They turn it into visible change. They show customers their voice matters. They build trust through action. Start small: 1. Pick one feedback channel 2. Create a clear process 3. Act quickly on insights 4. Show results 5. Scale what works Your customers are talking. Are you really listening? More importantly, are you acting? What's your approach to customer feedback? How do you close the loop? ------------------ ▶️ Want to see more content like this and also connect with other CS & SaaS enthusiasts? You should join Tidbits. We do short round-ups a few times a week to help you learn what it takes to be a top-notch customer success professional. Join 1999+ community members! 💥 [link in the comments section]
-
I've been reflecting on one major trend from last year that I feel will be hard to ignore in 2025: Gen Z’s relationship with brands and social media. This generation doesn’t just consume content, they drive it. And they do so with a level of authenticity and transparency that demands our attention. For Gen Z, brand loyalty isn’t built on flashy ads or influencer endorsements alone. It’s about values. It’s about knowing what the brand stands for and aligning with causes they care about: be it sustainability, inclusivity, or social justice. Here’s how I’ve been thinking about this shift as an entrepreneur: For Gen Z, being true to themselves is really important. They want brands that embrace uniqueness and support personal expression. To connect with them, we need to be authentic and offer products and messages that let them express who they really are. Social Media is the New Word of Mouth: If you’re not engaging in the conversations Gen Z is having on social media, you’re missing out. They trust their peers and online communities more than traditional advertising, and their feedback is immediate and powerful. Experience Over Projection: For this generation, it’s not just about seeing an ad but engaging with a brand in a meaningful way. Whether through personalized experiences, interactive campaigns, or exclusive content, creating a connection is more valuable than ever. Gen Z is not just shaping the future of business but is redefining what it means to build loyalty and trust. Is your brand ready for this shift?
-
Every coffee served now comes with a data point. This coffee shop isn’t just brewing lattes. It’s tracking customer dwell time, staff efficiency, and movement patterns using AI video analytics. The NeuroSpot Barista Staff Control and Monitoring Module may sound like something from a sci-fi startup deck, but it’s real, and it’s changing how we measure frontline productivity. Here’s the kicker: ↳ It’s not about replacing humans. ↳ It’s about rethinking how we observe, learn, and improve the in-store experience in real-time. From a CMO’s perspective, this is where physical meets digital. ↳ Imagine personalizing offers based on how long a customer stayed. ↳ Or improving staff allocation by understanding peak idle windows. ↳ Or tracking which menu board design kept customers lingering longer. This is what the next era of retail looks like. AI acts as a silent observer, while marketing functions as a live operator. Video credit: @cheatdaydesign #AIinRetail #SmartMarketing #CMOThoughts #StoreAnalytics #DTC #RetailInnovation #CustomerExperience #MarketingOps #AIForGrowth
-
We used programmatic advertising to turn $5.8K ad spend into $19.5K in revenue with a 3.36x ROAS for an 8-fig DTC brand WITHOUT website traffic retargeting. Here’s how: THE CHALLENGE: CTV ads are great for awareness but tough to track. Unlike Meta or Google, CTV doesn’t have a traditional attribution path. It's an incredible tool for generating awareness and intent, but tough to generate direct performance from without the right strategy. This is where most brands miss the mark - they stop at top-of-funnel awareness and never close the loop. THE SOLUTION: Instead of treating CTV as a standalone play, we used it to fill the top of the funnel… ...then retargeting those engaged viewers through programmatic ads across the open web. STEP 1️⃣: Ran CTV ads to build awareness and get initial audience engagement. STEP 2️⃣: Retargeted those viewers in the middle of the funnel using display & native ads, as well as retargeting through CTV again. STEP 3️⃣: Removed all bottom of funnel retargeting as to get a clear view of CTV performance without cannibalizing other ad channels' traffic. THE IMMEDIATE RESULTS: 👉$5.8K ad spend → $19.5K revenue 👉>90 purchase conversions 👉3.36x Holistic ROAS across all campaigns over a 7 day period Why This Works: 👉 CTV builds brand awareness, but without retargeting, it’s incomplete because it's hard to actually purchase through this channel - ie., it's impossible to 'click' on your TV. 👉 Retargeting those engaged users across the open web moves them further down the funnel, and allows us to be exposed to the CTV traffic in a format that can be engaged with and tracked & attributed. 👉 Retargeting CTV engaged users through CTV again increases brand awareness and recall, thereby increasing purchase intent through the same channel of original exposure. The takeaway? CTV isn’t just a top-of-funnel play. When combined with programmatic retargeting, it’s a conversion machine. You reach massive new audiences that don't exist on other platforms, and convert them across the entire web, not just social platforms. Programmatic is here to expand your marketing funnel, as well as your revenue.
-
86% of PDPs don’t convert because of friction. Yet most brands ignore this problem. Firstly.. Friction is not just long pages. Or pages with too much content. It is also caused by: – hidden pricing – too many options – key information missing In this post, I'll be sharing 11 changes you can do to reduce friction on your product page and increase it's conversion rate: 1. Add a badge above the product name. This highlights exactly what this product helps with. At times brands include this in the product name, that makes it long and difficult to read. 2. Add a short 1-2 line description below the product name. Help shoppers imagine using their product and how this makes them feel. 3. Highlight the pricing close to the product name. Also highlight the "value" (the quantity) they get for the price they pay. 4. Show the sneak peek of the next image in the image gallery. This increases the engagement rate and helps more people learn about the product from this section. 5. Add key benefits / features. If a common question people have is "does this have sugar?", then highlight 0 sugar upfront. 6. If more than 4 options, consider having them under a dropdown. This visually reduces the number of choices. And helps in decision making. 7. In subscription sections (these are really important to get right), highlight how many are they saving when they subscribe clearly. Is this only on the first order or every order? 8. Have an inline add to cart. Introduce the "sticky add to cart" once the user scrolls past in the inline version. 9. Give separate attention to any freebies / samples. Mention this clearly under the add to cart CTA. 10. Consider keeping one of the drop-downs in the accordion menu open. This enables shoppers to read the content in it. Make sure once opened, it doesn't go beyond 60% of the fold. 11. Instead of "Description" in the accordion, say "What this does?". People click on questions more than words. PS: This Thursday, I'm doing a free 1-hour workshop on "How to make an e-commerce site convert better?". If you'd like to register, comment or DM me "Convert" and I'll send you the link to register for it.
-
This visual is worth the zoom! I can’t switch off when it comes to retail. I walk around shops unable to stop myself analysing consumer behaviour, unpicking the tactics of pricing, placement and loyalty, while obsessively trying to connect the dots. I find it fascinating to see how retail brands understand the subtle yet powerful ways in which psychological principles shape consumer decisions. It’s been so interesting to see how membership pricing has spread throughout the industry, reshaping loyalty schemes. Our latest collaboration with Vypr delves into more detail on exactly this subject, exploring concepts, backed by data such as: 🔹 Self-Perception Theory: Loyalty pricing reinforces consumer identity. 59% of members feel emotionally connected to brands due to exclusive member pricing, creating committed brand advocates. 🔹 Scarcity effect: Limited-access deals significantly boost urgency—16% of non-members seriously consider joining schemes upon seeing exclusive member-only prices. 🔹 Anchoring and trust: This works by setting a reference point in consumers’ minds, helping them judge the value of membership pricing more favourably. By clearly communicating comparisons and long-term benefits, retailers can turn sceptical shoppers into loyal members who are confident they’re making the right choice. On average, 12% of members and 62% of non-members feel sceptical about membership scheme savings. 🔹 Social proof: 61% of members actively recommend their preferred loyalty schemes to family and friends, magnifying brand credibility and consumer acquisition. The deeper impact lies in how membership schemes fundamentally alter purchasing patterns: ✅ Frequency and basket size: 70% of members shop more frequently, with 63% more likely to buy impulsively. Membership creates habits translating directly into sustained higher spending. ✅ Segmented personalisation: Tailored rewards are essential. Strict budgeters respond strongly to tangible savings; affluent shoppers prioritise exclusivity and premium experiences, significantly influencing retention. Retailers who integrate behavioural psychology into their loyalty strategies is nothing new. But those that do it well, adapting to the huge number of distracts out there to cut through the noise are securing a competitive advantage. Explore these critical insights and unlock the full strategic potential of your loyalty programmes by downloading the full report: https://lnkd.in/eSrRR3R4 #LoyaltySchemes #RetailTrends #ConsumerInsights #RetailEconomics #Vypr
-
That’s the thing about feedback—you can’t just ask for it once and call it a day. I learned this the hard way. Early on, I’d send out surveys after product launches, thinking I was doing enough. But here’s what happened: responses trickled in, and the insights felt either outdated or too general by the time we acted on them. It hit me: feedback isn’t a one-time event—it’s an ongoing process, and that’s where feedback loops come into play. A feedback loop is a system where you consistently collect, analyze, and act on customer insights. It’s not just about gathering input but creating an ongoing dialogue that shapes your product, service, or messaging architecture in real-time. When done right, feedback loops build emotional resonance with your audience. They show customers you’re not just listening—you’re evolving based on what they need. How can you build effective feedback loops? → Embed feedback opportunities into the customer journey: Don’t wait until the end of a cycle to ask for input. Include feedback points within key moments—like after onboarding, post-purchase, or following customer support interactions. These micro-moments keep the loop alive and relevant. → Leverage multiple channels for input: People share feedback differently. Use a mix of surveys, live chat, community polls, and social media listening to capture diverse perspectives. This enriches your feedback loop with varied insights. → Automate small, actionable nudges: Implement automated follow-ups asking users to rate their experience or suggest improvements. This not only gathers real-time data but also fosters a culture of continuous improvement. But here’s the challenge—feedback loops can easily become overwhelming. When you’re swimming in data, it’s tough to decide what to act on, and there’s always the risk of analysis paralysis. Here’s how you manage it: → Define the building blocks of useful feedback: Prioritize feedback that aligns with your brand’s goals or messaging architecture. Not every suggestion needs action—focus on trends that impact customer experience or growth. → Close the loop publicly: When customers see their input being acted upon, they feel heard. Announce product improvements or service changes driven by customer feedback. It builds trust and strengthens emotional resonance. → Involve your team in the loop: Feedback isn’t just for customer support or marketing—it’s a company-wide asset. Use feedback loops to align cross-functional teams, ensuring insights flow seamlessly between product, marketing, and operations. When feedback becomes a living system, it shifts from being a reactive task to a proactive strategy. It’s not just about gathering opinions—it’s about creating a continuous conversation that shapes your brand in real-time. And as we’ve learned, that’s where real value lies—building something dynamic, adaptive, and truly connected to your audience. #storytelling #marketing #customermarketing