Asian-American Market Research

/Asian-American Market Research
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ThinkNow Retail™ : Retailers May Be In For A Surprise This Holiday Shopping Season

Now in its sixth year, one of our most popular reports, ThinkNow Retail™, has just been released, chock full of multicultural insights that give us some visibility into what retailers can expect during the 2018 holiday shopping season. The insights reinforce some trends we’ve seen the past several years such as the steady rise of online and mobile shopping. But, the report also has some surprises like Walmart dethroning Amazon as the number one destination for holiday shoppers.

Total Market Viewers Favor Live TV, Multicultural Audiences Switch To Streaming

Years ago, TV viewers watched and recorded their favorite shows on cable. Chained to our VCRs, we collected episode laden VHS tapes like squirrels collect nuts in the winter. Then DVRs came along, liberating us from reels of magnetic tape and wooing us with the allure of live TV on our own terms. Flash forward a few years. Streaming services disrupt TV as we know it. Viewers now have the option to stream entire seasons of shows from every genre, from throwbacks like The Wonder Years and Full House to Game of Thrones and Westworld, and everything in between.

[Podcast] ThinkNow Entrepreneurship Report 2018

Historically, small businesses in the U.S. have fueled the economic engine by supplying a steady stream of new jobs. However, in recent years, new business birth rates have slowed prompting the Kaufman Foundation to declare that startup rates are “half of what they were a decade ago.” This is surprising because the U.S. is seen as a global leader in entrepreneurship. Americans have created whole new industries from scratch through the courage, determination and skill of generations of risk takers. Is America at risk of losing this status? Perhaps, but why? It’s difficult to pinpoint the exact reasons for the overall decline in entrepreneurship in America.

[Webinar] ThinkNow Entrepreneurship Report 2018

ThinkNow conducted a national survey of 1,291 Americans aged 18-64 across various ethnic groups. We asked them about their interest in starting businesses, industries chosen, revenue goals, motivations, barriers and utilization of support services. The results are both eye-opening and potentially concerning. Overall, we found that the desire to start new businesses, revenue goals for those businesses and challenges experienced by their founders are not evenly distributed by gender and ethnicity.

[Infographic] Asian American Entrepreneur Outlook 2018

Asian American Entrepreneurs Younger Than Most, Face Challenges There are over 1.9 million Asian-owned businesses in the U.S. accounting for $700 billion in annual receipts. While many Asian Americans pursue entrepreneurship as a means to gain greater independence from traditional expectations, lack of startup capital and uncertainty dampen their efforts.

How To Connect With African-American Homebuyers in 2018

Home purchase rates among African-American consumers have slowly crept upward over the past year, reflecting a 2004 peak in homeownership rates, which declined after the 2008 Great Recession. Since the start of 2017, the number of African-American homebuyers has steadily increased by the quarter. Our latest total market consumer sentiment report shows this trend continuing in 2018. As more African-Americans become homeowners, brands and companies will look to further connect with this demographic, as they pursue the American dream.

Market Research Agencies Look To Buy Their Way Into The Multicultural Space

As the U.S. population continues to shift to a “minority majority,” multicultural marketing research firms have evolved to meet the growing demands of multicultural marketers tasked with tapping these hard to reach audiences. Over the last 10 years, this transition has occurred in waves. The Golden Age of Hispanic Marketing Research During the first wave, multicultural marketing research firms followed the multicultural agency model.

[Podcast] ThinkNow Pulse™ Total Market Consumer Sentiment Report 2018

Despite steady income and low unemployment, consumers still leery of economy’s growth potential “A country divided” doesn’t just define the current political climate in the U.S. today, but also speaks to consumers’ general outlook of the economy and its impact on their way of life, including their purchase decisions. In the 5th installment of our annual report, ThinkNow Pulse™, we delved into consumer sentiment across Hispanic, African-American, Asian, and non-Hispanic white cohorts and found stark contrasts in consumer expectations last year when compared to past years.

Consumer Confidence Dips Amid Political Unrest and Economic Uncertainty: ThinkNow Pulse 2018 Report Released

Despite steady income and low unemployment, consumers still leery of economy’s growth potential “A country divided” doesn’t just define the current political climate in the U.S. today, but also speaks to consumers’ general outlook of the economy and its impact on their way of life, including their purchase decisions. In the 5th installment of our annual report, ThinkNow Pulse™, we delved into consumer sentiment across Hispanic, African-American, Asian, and non-Hispanic white cohorts and found stark contrasts in consumer expectations last year when compared to past years.

Total Market Trends: Year-End Review & 2018 Market Predictions

In a year hell-bent on ripping the seams of the American tapestry, U.S. consumers have proven resilient and capable of weathering political storms, natural disasters, and racial unrest. Fraught with economic uncertainty, the ambiguity that clouded the country’s trajectory did little to stymie the optimism that defined consumer sentiment among key demographics going into 2017.