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Marketing To Young Couples - UK - July 2011

Marketing To Young Couples - UK - July 2011

The number of 16-34-year-olds is growing, although it is keeping pace with the wider population. They account for a quarter of the total UK population and as such represent a significant consumer group to market to. The plans and aspirations that they have for the coming years will shape the products and services that they buy and the values that they look for in brands that they purchase.

How can marketers improve the level of engagement with these key consumers? This report will provide an overview of the aspirations and future plans held by different types of young couples and will provide you inspiration, in addition to a valuable understanding of how best to implement marketing strategy concerning young couples in the UK.

£2,195.00

“Marriage may be in decline amongst the UK’s 4.6 million modern young couples, (around a third of 16-34-year olds are living with, but not married to their partner) but young couples are still very traditional. Although they might live together before marriage, for the majority, marriage remains a prerequisite to family life; just 30% have children but are not married. Young couples also assume very traditional roles within the relationship with men typically retaining their role as breadwinner leaving the female to take charge of domestic matters such as cooking, cleaning and childcare.”
– Alexandra Richmond, Senior Consumer and Lifestyles Analyst

There are stark differences between those that have been together for less than five years and those that have been together for five or more years demonstrating how the lives of our young couples become increasingly symbiotic. However, when it comes to pooling their funds together, this only appears to happen after a couple have been together for a very long time with just one in four who have been together for less than five years sharing their finances. This compares to one in three who have been together for five to ten years and 37% who have been together for longer than ten years.

Introduction


Definition


Background


Executive Summary


The young couples


Figure 1: Young Couples, March 2011

Fledgling Couple

Committed Couple

Established Couple

Length of time in relationship


Figure 2: Length of time in relationship, March 2011

Marital status


Figure 3: Marital status of young couples, March 2011

Division of assets

Traditional roles

Future plans

Relationship dynamics

Demographic Overview


Key points


Population trends


Figure 4: Trends in the age structure of the UK population amongst 16-34-year-olds, 2006-16

Marriage and divorce


Marriage trends


Figure 5: Number of marriages amongst the 16-34-year-olds as a proportion of all marriages, 2004-08

Age at marriage


Figure 6: Age at marriage, 2008

Divorce trends


Figure 7: Ten-year trends in divorces amongst adults aged 16-34, by gender, 1999-2009

Employment status


Figure 8: Employment status amongst 16-34-year-olds, by age, February-March 2011

Figure 9: Comparison of employment status amongst young couples and the national average for 16-34-year-olds, March 2011

Young Couples Overview


Demographics


Figure 10: Selected demographics of young couples, March 2011

Length of time in relationship


Figure 11: Length of time in relationship, March 2011

Division of possessions


Figure 12: Ownership of selected possessions or policies, March 2011

Division of responsibilities


Figure 13: Division of responsibilities, March 2011

Purchase decisions


Figure 14: Key decision-maker on purchases, March 2011

Future plans


Figure 15: Future plans, March 2011

Relationship dynamics


Figure 16: Relationship dynamics, March 2011

Fledgling Couples


Figure 17: Typology profile – Fledgling Couples, March 2011

What this means


Who are they?


Figure 18: Summary demographic profile – Fledgling Couples, March 2011

Household income


Figure 19: Gross annual household income of Fledgling Couples, March 2011

Length of time in relationship


Figure 20: Length of relationship with current partner – Fledgling Couples, March 2011

Division of possessions


Figure 21: Ownership of selected possessions or policies – Fledgling Couples, March 2011

Gender divide in product ownership


Figure 22: Sole ownership of selected possessions or policies – Fledgling Couples, by gender, March 2011

Division of responsibilities


Figure 23: Division of responsibilities – Fledgling Couples, March 2011

Purchase decisions


Figure 24: Key decision-maker on purchases – Fledgling Couples, March 2011

Future plans


Figure 25: Comparison of the Fledgling Couples’ plans with those of other young couples, March 2011

The Fledgling life map


Figure 26: Future plans – Fledgling Couples, March 2011

Relationship dynamics


Figure 27: Relationship dynamics – all vs Fledgling Couples, March 2011

Social style

Still trying to impress

The Committed Couple


Figure 28: Typology profile – Committed Couples, March 2011

What this means


Who are they?


Figure 29: Summary demographic profile – Committed Couples, March 2011

Household income


Figure 30: Gross annual household income of Committed Couples, March 2011

Division of possessions


Figure 31: Ownership of selected possessions or policies – Committed Couples, March 2011

Division of responsibilities


Figure 32: Division of responsibilities – Committed Couples, March 2011

Purchase decisions


Figure 33: Key decision-maker on purchases – Committed Couples, March 2011

Future plans


Figure 34: Comparison of the Committed Couples’ plans with those of other young couples, March 2011

The Committed Couples life map


Figure 35: Future plans – Committed Couples, March 2011

Relationship dynamics


Figure 36: Relationship dynamics – all vs Committed Couples, March 2011

Established Couples


Figure 37: Typology profile – Established Couples, March 2011

What this means


Who are they?


Figure 38: Summary demographic profile – Established Couples, March 2011

Household income


Figure 39: Gross annual household income of Established Couples, March 2011

Division of possessions


Figure 40: Ownership of selected possessions or policies – Committed Couples, March 2011

Division of responsibilities


Figure 41: Division of responsibilities – Established Couples, March 2011

Purchase decisions


Figure 42: Key decision-maker on purchases – Established Couples, March 2011

Future plans


Figure 43: Comparison of the Established Couples’ plans with those of other young couples, March 2011

The Established Couples life map


Figure 44: Future plans – Established Couples, March 2011

Relationship dynamics


Figure 45: Relationship dynamics – all vs Established Couples, March 2011

Appendix – Young Couples Overview


Figure 46: Young couples typologies, by demographics, March 2011

Appendix – Fledgling Couples


Length of time in relationship


Figure 47: Length of relationship with current partner – Fledgling Couples, by demographics, March 2011

Figure 48: Length of relationship with current partner – Fledgling Couples, by demographics, March 2011 (continued)

Division of possessions


Figure 49: Ownership of selected possessions or policies – Fledgling Couples, March 2011

Figure 50: Ownership of selected possessions or policies – Fledgling Couples, by demographics, March 2011

Figure 51: Ownership of selected possessions or policies – Fledgling Couples, by demographics, March 2011 (continued)

Division of responsibilities


Figure 52: Division of responsibilities – Fledgling Couples, March 2011

Figure 53: Division of responsibilities – Fledgling Couples, by demographics, March 2011

Figure 54: Division of responsibilities – Fledgling Couples, by demographics, March 2011 (continued)

Purchase decisions


Figure 55: Key decision-maker on purchases – Fledgling Couples, March 2011

Figure 56: Key decision-maker on purchases – Fledgling Couples, by demographics, March 2011

Figure 57: Key decision-maker on purchases – Fledgling Couples, by demographics, March 2011 (continued)

Future plans


Figure 58: Future plans – Fledgling Couples, March 2011

Figure 59: Future plans – Fledgling Couples, by demographics, March 2011

Figure 60: Future plans – Fledgling Couples, by demographics, March 2011 (continued)

Relationship dynamics


Figure 61: Relationship dynamics – Fledgling Couples, by demographics, March 2011

Figure 62: Relationship dynamics – Fledgling Couples, by demographics, March 2011 (continued)

Appendix – Committed Couples


Division of possessions


Figure 63: Ownership of selected possessions or policies – Committed Couples, March 2011

Figure 64: Ownership of selected possessions or policies – Committed Couples, by demographics, March 2011

Figure 65: Ownership of selected possessions or policies – Committed Couples, by demographics, March 2011 (continued)

Division of responsibilities


Figure 66: Division of responsibilities – Committed Couples, March 2011

Figure 67: Division of responsibilities – Committed Couples, by demographics, March 2011

Figure 68: Division of responsibilities – Committed Couples, by demographics, March 2011 (continued)

Purchase decisions


Figure 69: Key decision-maker on purchases – Committed Couples, March 2011

Figure 70: Key decision-maker on purchases – Committed Couples, by demographics, March 2011

Figure 71: Key decision-maker on purchases – Committed Couples, by demographics, March 2011 (continued)

Future plans


Figure 72: Future plans – Committed Couples, March 2011

Figure 73: Future plans – Committed Couples, by demographics, March 2011

Figure 74: Future plans – Committed Couples, by demographics, March 2011 (continued)

Relationship dynamics


Figure 75: Relationship dynamics – Committed Couples, by demographics, March 2011

Figure 76: Relationship dynamics – Committed Couples, by demographics, March 2011 (continued)

Appendix – Established Couples


Division of possessions


Figure 77: Ownership of selected possessions or policies – Established Couples, March 2011

Figure 78: Ownership of selected possessions or policies – Established Couples, by demographics, March 2011

Division of responsibilities


Figure 79: Division of responsibilities – Established Couples, March 2011

Figure 80: Division of responsibilities – Established Couples, by demographics, March 2011

Purchase decisions


Figure 81: Key decision-maker on purchases – Established Couples, March 2011

Figure 82: Key decision-maker on purchases – Established Couples, by demographics, March 2011

Future plans


Figure 83: Future plans – Established Couples, March 2011

Figure 84: Future plans – Established Couples, by demographics, March 2011

Figure 85: Future plans – Established Couples, by demographics, March 2011 (continued)

Relationship dynamics


Figure 86: Relationship dynamics – Established Couples, by demographics, March 2011

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