How Affluent Consumers Use Social Media
Most wealthy Internet users in the US are optimistic about the economy going forward, according to Ipsos Mendelsohn, and their online spending has historically been higher than average. A recent study from Unity Marketing suggests most affluents use social networking sites to hear about their friends and family and reconnect with old friends—not to connect with brands.
Just 7% logged on to look for offers or research purchases, while 6% went social to share or buy products or look for coupons. They rarely “friend” brands and instead prefer to check in from time to time.