You Need to Help: Drake Morton
By Perry Allison Wednesday, Jan. 11, 2012
How Brands Can Grow Their Affluent Customer Base
By Partnering With Innovative Non-Profits
Affluent consumers are typically highly educated, involved in their community, and are avid shoppers. But, increasingly, they are also motivated to shop responsibly. We call these individuals Charitable Commerce Consumers.
In surveying this demographic, we found that this cohort has a median household income of $125,000 a year and a median net worth of $375,000. But what’s interesting is that 80% of them believe it is important for companies to give back and a staggering 90% say they are likely or very likely to shop with a company that supports charitable causes.
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