The American Business Elite Want Digital and Traditional Media
Managing economic uncertainty is key
Volatile markets and managing economic uncertainty remains the key issue for many of the Business Elite. However, it's the price of fuel and raw materials that represents the fastest growing concern, increasing year on year by 17 percentage points to 41%.
James Torr commented: "With the current economic outlook again looking uncertain and recent events in the Middle East compounding the existing pressure on the price of fuel, it's no surprise we see these two areas as key issues for the Business Elite."
Elite business and consumer customers
In America this small but vitally important group of people are key to the profitability of many industries. The Business Elite continue to control the largest budgets, of on average US$22.9 million. 87% are flying for business, but most important of all, 49% of them sit at the front of the plane - where the vast majority of airline profits are made.
In their personal lives they wield an equal amount of power. By adjusting their investment portfolios during these difficult times their net worth remains high at US$3.2m. Year on year their salaries have continued to steadily increase and now stand at over US$538,000.
James said: "Taking into account their financial power the Business Elite remain the most important customers for a number of industries. As well as being a key audience for business to business marketing, they also represent the key to profitability for sectors such as finance, luxury goods and cars, airlines and hotels.
The Business Elite
The Global Business Elite series annually reaches the most senior people in the largest companies in Asia, Australia, Europe, Japan, the Middle East and the United States. The surveys are used by media owners and agencies worldwide. They are the only surveys that reveal the behaviour and inner motivations of this difficult to reach group on a truly global scale.
BE:USA 2011 Universe: 586,748 senior business executives.
Average Issue Readership of Publications
BE:USA 2011 TV Data - Daily, Weekly and Monthly Reach
BE:USA 2011 - Weekly Media Usage (All 2011 year only data)
BE:USA 2011 Websites - Monthly Reach
BE:USA 2011 - Business and Consumer Profile
For more information on this news release, please contact:
James Torr Director, MediaCT Ipsos +44 20 8861 8173 [email protected]
About Ipsos MediaCT
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Member companies assess market potential and interpret market trends. They develop and build brands. They help clients build long-term relationships with their customers. They test advertising and study audience responses to various media. They measure public opinion around the globe. Ipsos member companies offer expertise in advertising, customer loyalty, marketing, media, and public affairs research, as well as forecasting, modeling, and consulting. Ipsos has a full line of custom, syndicated, omnibus, panel, and online research products and services, guided by industry experts and bolstered by advanced analytics and methodologies. The company was founded in 1975 and has been publicly traded since 1999. In 2010, Ipsos generated global revenues of e1.140 billion ($1.6 billion U.S.).
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