Monday, 10 February 2014

Acorn Group: Wealthy Achievers/Urban Prosperity/Comfortably Off.

When researching the consumer for my product I felt they would fit into either the Urban Prosperity/Comfortably Off ACORN groups due to the Gillette razor price point that is already in place. Below I have researched into the markets I would target:

Wealthy Achievers-

C: Flourishing Families.

Type 10; Well Off Working Family's.

  • Well off family's living in large detached houses with a long time left on their mortgage.
  • Good income- can afford long term commitments.
  • Tend to be in their 30's. 
  • Professionals and Managers with company pensions, healthcare and cars. 
  • Financially aware- stocks and savings.
  • High levels of re-mortgaging shows confidence in borrowing.
  • Credit cards with high limits but do not have high spending.
  • Interests include; aerobics, golf, rugby and skiing.
  • Own DVD player, have satellite TV and go to the Cinema

Urban Prosperity-

D: Prosperous Professionals.

Type 13; Well-Off Professionals, Larger Houses and Converted Flats.
  • Well off professionals living in urban UK
  • Well educated in professional and managerial occupations.
  • Also students and young singles starting out.
  • Large houses/converted flats- younger singles share flats.
  • Car ownership is high- reflecting wealth.
  • Use public transport for work commute.
  • £50,000+ a year income.
  • High levels of saving and investments.
  • High levels of credit card usage. 
  • Use the internet for finance and purchasing.
  • Enjoy the arts, including theatre, cinema and opera.
  • The Guardian, The Independent, The Times and The Observer. 
  • Skiing and foreign holidays.  

E: Educated Urbanites.


Type 15; Affluent Urban Professionals, Flats.
  • Affluent urban areas.
  • Large houses covered into flats.
  • Rented is relatively high but some do own.
  • Highly qualified
  • Professional and senior managerial occupations.
  • Young singles or couples.
  • Few children, tend to be under five which suggests a move.
  • High earning, high disposable income.
  • 2 holidays including skiing and a hot one.
  • Theatre and arts.
  • Good food and wine.
  • The Guardian, The Independent, The Times and The Financial Times.
Type 16; Prosperous Young Professionals, Flats.
  • Urban areas in purpose built and converted flats.
  • Highest levels of people aged 25-29.
  • Highly qualified.
  • Making way up career ladder in professions and managerial roles. 
  • 40% live alone- renting rather than buying- transient stage.
  • Hard working and make optimum use of their leisure time- mostly online shopping.
  • Art, music and theatre- spending money on wine and food.
  • A range of foreign holidays, including winter, sun and snow, weekend and long haul. 
  • More likely to follow current affairs.
  • The Financial Times, The Guardian and The Independent.
Type 17; Young Educated Workers, Flats. 
  • In their 20's.
  • Mostly working but some students.
  • Live alone in small flats.
  • Often found in Scotland.
  • Well qualified.
  • Early in careers and modest incomes.
  • Little need for a car- use public transport. 
  • Self improvement and education are important- dedicate free time to this. 
  • Busy people- socialise in bars, restaurants and coffee shops. 
  • They do not buy many newspapers. 
Type 19; Suburban Privately Renting Professionals. 
  • Young people.
  • Live close to the city. 
  • Well educated- developing careers. 
  • Renting flats in attractive areas.
  • Often use public transport and the majority own newer expensive models.
  • Online shopping- internet use
  • Weekend breaks and long haul holidays are popular.
  • Sport and exercise.
  • Spending money on clothes and eating out.
  • Broadsheet papers and show no bias to a particular title.
Comfortably Off.

G: Starting Out.

Type 24; Young Couples, Flats and Terraces. 
  • Late 20's, early 30's couples and singles starting out.
  • Some have young children.
  • Small terraced house/flat rented or on first mortgage.
  • High level of education.
  • Work full time.
  • One car household- £5k- £10k.
  • £20k- £40k household income.
  • Regular saving plans. 
  • Internet is used for online shopping. 
  • Cinema, pub, restaurants and sports (golf/football).
Type 25; White-Collar Singles and Sharers, Terraces.
  • Mixture of young professionals and students- singles, couples and sharers. 
  • 20's to early 30's.
  • Well qualified- older tend to be professional and managerial- younger working way up.
  • Renting from private landlord- many buying with a mortgage. 
  • Savings and investments.
  • Keen on sport, exercise, the arts and theatre.
H: Secure Families.

Type 26; Younger White-Collar Couples with Mortgages.
  • Suburban comunities- young families.
  • Late 20's/early 30's.
  • Starting a family- many pre school children.
  • Mortgaged semi.
  • Middle managers, office and clerical staff with health cover and pension. 
  • Above average income with some small investments and a saving plan.
  • Very careful with income- prudent.
  • Holidays in europe, exercise/sport, gold and cinema.
Type 28; Working Families with Mortgages. 
  • Suburbs- prosperous post industrial. 
  • Larger families- school children.
  • Large home with mortgage.
  • Middle management, clerical jobs or skilled trade. 
  • Supplemented by female part-time work.
  • Two cars- one company.
  • Financial caution, adequate pension scheme and mortgage protection. 
  • Save regularly with some stocks.
  • Leisure activities include gold, cinema and TV.
  • Package holidays to Europe and the Mediterranean- also at home/self catering.
  • Shop in ASDA due to large food bill. 
  • Joint PC, prefer face to face contact with the bank.




No comments:

Post a Comment