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"Half of Americans say they are likely to buy a new smartphone this year"
FatWallet announces 2014 Electronics Buying Survey (see INFOGRAPHIC):
The March survey (*TNS Global) reveals some interesting consumer buying trends for electronics, especially related to the upcoming March electronics sale madness as 48% of American adults say they’ll likely purchase a new smartphone this year (6 in 10 for those under the age of 30). With the anticipation of the new Apple iPhone 6 and Samsung Galaxy S5 on the horizon, Walmart, Best Buy and Target are all offering ongoing trade-in discounts on older smartphone models in an attempt to clear inventory for these new smartphone models (comScore MobiLens January 2014 reports Apple and Samsung owning +68% of mobile subscribers–PC Mag). Other retailers will ramp up traditional March electronics sales this week, adding even more madness as FatWallet members reap increased savings in the annual March Mania Cash Back Sale.
With almost 2/3 of those surveyed saying they plan to purchase electronics this year, other results highlight 1 in 4 saying they’ll buy tablets (1 in 3 want iPads) and even more are planning to buy laptops (with more than half saying they want either HP or Dell). More than half (53%) say they buy their electronics from online retailers and almost 10% buy they’re electronics via mobile device. As far as how many will buy new HDTVs, see full results from FatWallet’s TV Buyer Survey (JAN 2014 pre-Super Bowl).
Full survey results:
Almost half of Americans (48%) are likely to buy a “new” smartphone this year(6 in 10 for those under age 30)
Q: How likely are you to buy a new cell phone/smartphone in 2014?
Q: Of the following items, which cell phone/smartphone are you likely to purchase this year?
Q: Of the following options, which Cell Phone Carrier are you likely sign up with?
1 in every 4 adults are likely to buy a new tablet in 2014(1 in 3 people age 30-39 will buy a new tablet)
Q: How likely are you to buy a new tablet in 2014?
Q: Of the following options, which new tablet are you likely to buy?
More will buy new laptops than will buy new tablets in 2014(27% are likely to buy a new laptop/computer this year)
Q: How likely are you to buy a new laptop/computer in 2014?
Q: Of the following options, which laptop brand are you likely to purchase?
More than 1 in 4 plan to purchase wireless products in 2014Q: Which TV brand do you plan to purchase?
Nearly 3 out of 4 Americans will buy electronics this year(Almost one third of us will spend $500 or more on electronics this year)
Q: How much will you spend on electronics products this year?
Better than half of Americans (52%) use online retailers to buy their electronicsQ: Of the following options, which are you likely to use when purchasing electronics products?
*The national survey conducted online by TNS on behalf of FatWallet.com in July 2013 was fielded among 1,000 adults ages 18 or older.
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