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Study: Women buy more tech than men
« on: Jan 17th, 2004, 2:32pm » |
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Study: Women buy more tech than men
Friday, January 16, 2004 Posted: 1:39 PM EST (1839 GMT)
SAN JOSE, California (AP) -- The sea of big-screen TVs at the electronics store may still be tuned to football games and NASCAR races, but smart marketers are learning that testosterone doesn't necessarily control the purse strings.
Women actually spent more on technology last year than men, according to the Consumer Electronics Association. It says women accounted for $55 billion of the $96 billion spent on electronics gear.
But electronics stores have been slow to catch on. Nearly three-quarters of women surveyed by the industry group complained about being ignored, patronized or offended by sales people when shopping for electronics.
Forty percent of the women said they were treated better when accompanied by a man. And more than half said advertisements for electronics were confusing -- though half the men surveyed felt the same way.
A meager 1 percent of women surveyed thought manufacturers had them in mind when creating products, according to the report, released at last week's Consumer Electronics Show.
A growing number of companies are starting to target their wares toward female buyers, or at the very least peddle them in a more gender-neutral fashion.
Sharp redesigned its flat-panel TVs two years ago with women in mind. It called the product line AQUOS to connote fluidity and a softer touch. It expanded its TV ads beyond sports and prime-time slots to Lifetime, the Food Network and The Learning Channel. Last Mother's Day, a Circuit City ad prominently featured one of the sleek TVs in a kitchen.
"When it came to consumer electronics, we noticed that the female population was being ignored a bit," said Bob Scaglione, Sharp's vice president of marketing. Today, Sharp claims more than 50 percent of the LCD flat-panel TV market.
Retailers who get this picture are seeing dividends.
Tri-City Electronics Inc., a high-end audio-video store in Conover, North Carolina, installed a children's area, replaced the utilitarian atmosphere with a homier layout and burgundy paint, and even offered tours of the store owner's home to show the products in a real-life setting. Revenues have been climbing since, said co-owner Sibyle Hager.
Brenda Myers, who bought a $5,000 plasma TV at Tri-City, entered the store angry at the unequal treatment she felt when she shopped for a new set last year at national electronics retail stores.
"I was ticked off," said Myers, a retired customer service manager of a fiber-optics cable maker. "Every time you go to these places, they think women don't know anything, and they don't tell you the same features as they would when my husband goes with me."
Even worse, she added, "some of them talk to your husband even though you're standing right there, too."
Yet women are involved in almost 75 percent of all electronics purchases, and they are increasingly interested in gadgets, from DVD players to digital cameras, for themselves or their families, according to the survey, which was based on telephone interviews with 1,002 U.S. adults in October and done in association with the independent market research firm Rockbridge Associates Inc.
Radio Shack's customers have shifted from 20 percent female seven years ago to 40 percent female today. In response, the 7,000-store chain began actively recruiting female store managers last year, and now one of every seven stores is managed by a woman.
Epson, a leading maker of scanner and printers, recently homed in on the female-dominated scrapbooking market so successfully that it plans to aim more products at women this year.
Sony's products targeting women include its LIV line, sold exclusively at Target stores, which includes CD players for the kitchen and shower radios in colors from stainless steel to lime. The smaller designs should fit better in a home -- characteristics desired by consumers in general and women in particular, said Ellen Glassman, a director of design at Sony.
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