Showing posts with label web. Show all posts
Showing posts with label web. Show all posts

Friday, July 18, 2008

Wealthy Consumers Turn to Web for Education About Luxury Products

Wealthy consumers are turning to the Web for much of their education on potential high-end purchases, according to a Luxury Institute survey of Americans with annual incomes of at least $150,000.

64% of the wealthy go directly to the company's website for information on the luxury good/ service; 57% solicit input from friends and family. Ratings and review sites attract 38% of wealthy consumers.