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Millennials: ages 18-34 (1981-1997) */^ denotes values higher/lower than all outdoor consumers at a 95% level of confidence. MILLENNIAL OUTDOOR CONSUMERS Source: 2014 outdoor consumer segmentation study conducted by Outdoor Industry Association Representing 38% of the U.S. outdoor consumer population, Millennials spend more time outside and more money on outdoor products than the average outdoor consumer, making them a valuable long-term target market for the industry. LISTENING TO STREAMING MUSIC OR PODCASTS WATCHING TIME-SHIFTED TV (I.E. DVR, ON-DEMAND) USING SMARTPHONE APPS SPENDING TIME ON SOCIAL NETWORKING SITES STREAMING MOVIES 7.8 * 7.0 * 6.8 * 6.7 * 5.0 * FACEBOOK GOOGLE YOUTUBE 79% 72% 70% LIVE IN CITY CENTERS 30% HAVE KIDS ETHNICITY 52% * CAUCASIAN 55% ^ HISPANIC 22% * BLACK/AFRICAN AMERICAN 14% ASIAN 7% * OTHER 2% CAUCASIAN 64% HISPANIC 17% BLACK/AFRICAN AMERICAN 13% ASIAN 5% OTHER 2% MILLENNIAL CONSUMERS Compared to all outdoor consumers, Millennial outdoor consumers tend to be… MALE 47% FEMALE 53% 21% 43% ALL OUTDOOR CONSUMERS 49% 51% WHO ARE THEY? ETHNICALLY DIVERSE SLIGHTLY MORE FEMALE MORE LIKELY TO HAVE KIDS AT HOME MORE LIKELY TO LIVE IN CITY CENTERS THE ACHIEVER THE URBAN ATHLETE Millennial outdoor consumers are more likely to be… THE ASPIRATIONAL CORE WHICH SEGMENTS ARE THEY IN? WHY ARE THEY VALUABLE TO OUTDOOR? 21 * HOURS 19 HOURS 28% SPEND MORE TIME OUTSIDE (MEAN # PER WEEK) 33% * CONSIDER THEMSELVES MORE OUTDOORSY (TOP TWO BOX) $465 $594 * SPEND MORE ANNUALLY ON OUTDOOR APPAREL, FOOTWEAR, EQUIPMENT AND ELECTRONICS T O H A V E A F A M I L Y E X P E R I E N C E T O H A V E F U N T O I M P R O V E M Y O V E R A L L P H Y S I C A L H E A L T H TOP MOTIVATIONS AMONG MILLENNIAL OUTDOOR CONSUMERS: Cost and limited free time play a significant role in preventing them from spending more time outside. WHAT PREVENTS THEM FROM GETTING OUTSIDE? Driven by both emotional and physical values to get outdoors, family time is also important. WHAT GETS THEM OUTSIDE? T H E C O S T O F P A R T I C I P A T I N G I N C E R T A I N A C T I V I T I E S T H E A M O U N T O F F R E E T I M E I H A V E M Y E N E R G Y L E V E L TOP BARRIERS AMONG MILLENNIAL OUTDOOR CONSUMERS: Rather than specializing in one or two, Millennials are more interested in trying a variety of new outdoor activities (45%* vs. 33%) than the average outdoor consumer. Often driven by social experiences, they are more likely to participate in outdoor activities with friends than by themselves (13%^ vs. 20%). WHAT ACTIVITIES DO THEY DO? TRADITIONAL NON-TRADITIONAL RUNNING / JOGGING (OUTDOORS) PARTICIPATING IN A RUNNING RACE (E.G., 5K, 10K, MARATHON, TRIATHLON) SURFING SNOWBOARDING YOGA (INDOORS) PLAYING TEAM SPORTS (OUTDOORS) OUTDOOR YOGA (ON A BEACH, IN A PARK) PARTICIPATING IN AN OBSTACLE RACE (E.G. TOUGH MUDDER) Style and peer recommendation play a key role in their selection process. Since they are less likely to shop on a mission, they look to retailers to inspire them in their outdoor pursuits. HOW DO THEY SHOP? MILLENNIALS ARE WILLING TO PAY MORE FOR OUTDOOR APPAREL AND GEAR THAT ARE THE FOLLOWING: TOP THINGS THEY LOOK FOR IN A RETAILER: OFFERS PRODUCTS FOR BEGINNERS INSPIRES ME TO PARTICIPATE IN NEW OUTDOOR ACTIVITIES OFFERS CLASSES FOR BEGINNERS HAS A MOBILE SHOPPING APP REVIEWED HIGHLY BY OTHERS STYLISH MAKES ME LOOK ATHLETIC RECOMMENDED BY FRIENDS OR FAMILY SOMETHING MY FRIENDS / FAMILY USE OR WEAR Millennial outdoor consumers are connected in every aspect of their lives. WHERE CAN I ENGAGE THEM? AVERAGE HOURS SPENT PER WEEK: VISIT THE FOLLOWING SITES ON A REGULAR BASIS: MILLENNIAL CONSUMERS ALL OUTDOOR CONSUMERS

Source: 2014 outdoor consumer segmentation MILLENNIAL ... · AMONG MILLENNIAL OUTDOOR CONSUMERS: Rather than specializing in one or two, Millennials are more interested in trying

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Page 1: Source: 2014 outdoor consumer segmentation MILLENNIAL ... · AMONG MILLENNIAL OUTDOOR CONSUMERS: Rather than specializing in one or two, Millennials are more interested in trying

Millennials: ages 18-34 (1981-1997)*/^ denotes values higher/lower than all outdoor consumers at a 95% level of confidence.

MILLENNIAL OUTDOOR CONSUMERS

Source: 2014 outdoor consumer segmentation study conducted by Outdoor Industry Association

Representing 38% of the U.S. outdoor consumer population, Millennials spend more time outside and more money on outdoor products than the average outdoor consumer, making them a valuable long-term target market for the industry.

LISTENING TO STREAMING MUSIC OR PODCASTS

WATCHING TIME-SHIFTED TV (I.E. DVR, ON-DEMAND)

USING SMARTPHONE APPS

SPENDING TIME ON SOCIAL NETWORKING SITES

STREAMING MOVIES

7.8*

7.0*

6.8*

6.7*

5.0*

FACEBOOK

GOOGLE

YOUTUBE

79%

72%

70%

LIVE IN CITY CENTERS

30%

HAVE KIDS ETHNICITY

52%*CAUCASIAN 55%^

HISPANIC 22%*

BLACK/AFRICAN AMERICAN 14%ASIAN 7%*

OTHER 2%

CAUCASIAN 64%HISPANIC 17%BLACK/AFRICAN AMERICAN 13%ASIAN 5%OTHER 2%

MILLENNIALCONSUMERS

Compared to all outdoor consumers, Millennial outdoor consumers tend to be…

MALE

47%

FEMALE

53%

21% 43% ALL OUTDOORCONSUMERS 49% 51%

WHO ARE THEY?

ETHNICALLYDIVERSE

SLIGHTLY MORE FEMALE

MORE LIKELY TO HAVE KIDS AT HOME

MORE LIKELY TO LIVEIN CITY CENTERS

THE ACHIEVER

THE URBAN ATHLETE

Millennial outdoor consumers are more likely to be…

THE ASPIRATIONAL CORE

WHICH SEGMENTS ARE THEY IN?

WHY ARE THEY VALUABLE TO OUTDOOR?

21* HOURS19 HOURS

28%

SPEND MORE TIME OUTSIDE (MEAN # PER WEEK)

33%*

CONSIDER THEMSELVES MORE OUTDOORSY (TOP TWO BOX)

$465$594*

SPEND MORE ANNUALLY ON OUTDOOR APPAREL, FOOTWEAR, EQUIPMENT AND ELECTRONICS

TO HAVE A FAMILY EXPERIENCE

TO H

AVE FUN

TO IMPROVE MY OVERALL PHYSICAL HEALTH

TOP MOTIVATIONS

AMONG MILLENNIALOUTDOOR CONSUMERS:

Cost and limited free time play a signi�cant role in preventing them from spending more time outside.

WHAT PREVENTS THEM FROM GETTING OUTSIDE?

Driven by both emotional and physical values to get outdoors, family time is also important.

WHAT GETS THEM OUTSIDE?

THE COST OF PARTICIPATING

IN CERTAIN ACTIVITIES

THE

AMOU

NT O

F FR

EE TIME I H

AVE

MY ENERGY LEVEL

TOP BARRIERS

AMONG MILLENNIALOUTDOOR CONSUMERS:

Rather than specializing in one or two, Millennials are more interested in trying a variety of new outdoor activities (45%* vs. 33%) than the average outdoor consumer. Often driven by social experiences, they are more likely to participate in outdoor activities with friends than by themselves (13%^ vs. 20%).

WHAT ACTIVITIES DO THEY DO?

TRADITIONAL

NON-TRADITIONAL

RUNNING / JOGGING (OUTDOORS)

PARTICIPATING IN A RUNNING RACE (E.G., 5K, 10K, MARATHON, TRIATHLON)

SURFING SNOWBOARDING

YOGA (INDOORS)

PLAYING TEAM SPORTS (OUTDOORS)

OUTDOOR YOGA (ON A BEACH, IN A PARK)

PARTICIPATING IN AN OBSTACLE RACE (E.G. TOUGH MUDDER)

Style and peer recommendation play a key role in their selection process. Since they are less likely to shop on a mission, they look to retailers to inspire them in their outdoor pursuits.

HOW DO THEY SHOP?

MILLENNIALS ARE WILLING TO PAY MORE FOR OUTDOORAPPAREL AND GEAR THAT ARE THE FOLLOWING:

TOP THINGS THEY LOOK FOR IN A RETAILER:

OFFERS PRODUCTS FOR BEGINNERS

INSPIRES ME TO PARTICIPATE IN NEW OUTDOOR ACTIVITIES

OFFERS CLASSES FOR BEGINNERS

HAS A MOBILE SHOPPING APP

REVIEWED HIGHLY BY OTHERS

STYLISH

MAKES ME LOOK ATHLETIC

RECOMMENDED BY FRIENDS OR FAMILY

SOMETHING MY FRIENDS / FAMILY USE OR WEAR

Millennial outdoor consumers are connected in every aspect of their lives.

WHERE CAN I ENGAGE THEM?

AVERAGE HOURS SPENT PER WEEK: VISIT THE FOLLOWING SITES ON A REGULAR BASIS:

MILLENNIALCONSUMERS

ALL OUTDOORCONSUMERS