Presentation is loading. Please wait.

Presentation is loading. Please wait.

National Consumer Agency Market Research Conducted by

Similar presentations


Presentation on theme: "National Consumer Agency Market Research Conducted by"— Presentation transcript:

1 National Consumer Agency Market Research Conducted by
Back to School Costs July 2011 Market Research Conducted by

2 Table of Contents Key Findings Detailed Results
Methodology and Profile

3 Key Findings

4 Key Findings - I 4 in 5 (80%) parents indicated they had financial concerns in relation to ‘Back to School’ costs 3 in 4 (74%) parents said they are more concerned about ‘Back to School’ costs this year than they were last year. The main reason for this increase in concern is ‘having less money/income has decreased’ as cited by nearly 1 in 2 parents 74% of parents budget for ‘Back to School’ Costs. A significant minority, 26%, do not 6 in 10 (61%) parents compare prices across stores when purchasing back to schools items with a similar proportion purchasing items on sale or on special offer

5 Key Findings - II 1 in 2 parents prepare a list with estimated costs when buying back to school items Almost a half of all parents (49%) have previously had to make an unforeseen payment in relation to ‘Back to School’ costs For almost 3 in 5 this unforeseen/unexpected cost was in relation to school trips/outings Once-off payments for school materials and school donations was mentioned by over 1 in 2 parents Circa 8 in 10 parents of primary school going children who wear a uniform must purchase from a designated shop, increasing to almost 9 in 10 (87%) for those attending secondary school. 90% of all parents believe that they should be allowed to purchase the crest and uniform separately

6 Detailed Results

7 Levels of Concern Regarding Back-to-School Costs
(Base: All Parents of School-going Children – 413) Not at all Concerned (1) (2) (4) Very Concerned (5) Neither/Nor Mean Score 11 4.1 13 3.9 10 4.2 TOTAL Parents of Children attending Primary School Parents of Children attending Secondary School Social Class: ABC1/F50+ Social Class: C2DE/F50- 80% 81% 79% 77% 83% 4 in 5 (80%) parents are concerned about the financial costs associated with 'Back to School'. Similar concerns are evident amongst those with Primary school going children and those with children attending Secondary school. However, for the socio economic grouping C2DE/F50- 'Back to School' costs are more of a concern – with 2 in 5 (40%) claiming they are ‘very’ concerned 7

8 (Base: All Parents of School-going Children – 413)
Change in Levels of Financial Concern Over Back-to-School Costs Since Last Year (Base: All Parents of School-going Children – 413) ABC1/ F50+ C2DE/ F50- TOTAL Primary School Secondary School % % % % % A lot more of a concern (5) 70% 76% 74% 74% A little more of a concern (4) 78% The same (3) A little less of a concern (2) A lot less of a concern (1) 4.1 4.2 4.1 4.0 4.2 Mean Score: Overall, 3 in 4 (74%) parents are more concerned about ‘Back to School’ costs this year than they were last year 8

9 Reasons for Back-to-School Costs Being More of a Financial Concern
(Base: All Parents of School-going Children for whom Back-to-School costs are more of a concern - 305) ABC1/ F50+ C2DE/ F50- Primary School Secondary School TOTAL (Base: 305) (Base: 211) (Base: 176) (Base: 141) (Base: 164) % % % % % Have less money/income has decreased Cost of uniform, books etc. More expensive/day-to-day expenses higher Now unemployed Amount of expenses Extra child starting school Taxes and other household payments Extra expenses not budgeted for Children doing exams Increasing cost of transport #All other mentions 2% or less “Having less money/income has decreased” is the main reason why 'Back to School' costs are now more of a financial concern as cited by 48% of parents. This increases to almost 3 in 5 (55%) for those within the ABC1/F50+ group 9

10 Budgeting for Back-to-School Costs
(Base: All Parents of School-going Children – 413) ABC1/ F50+ Primary School TOTAL % Yes % Yes % Yes C2DE/ F50- Secondary School % Yes % Yes 74% of parents state that they budget for 'Back to School' costs 10

11 Method of Financing Back-to-School costs for Next Academic Year
(Base: All Parents of School-going Children – 413) Multiple answers allowed Primary School Secondary School TOTAL ABC1/F50+ C2DE/F50- % % % % % Using your regular income Apply for Back-to-School allowance Taking money from savings Use credit card Borrow from family/friends Using an overdraft facility Take out a personal loan Borrow from money lender 7 in 10 (68%) parents with school going children will use their regular income to finance 'Back to School' costs for the forthcoming year – this rises to almost 8 in 10 (78%) for ABC1/F in 10 (29%) parents will apply for the 'Back to School' allowance – this rises to almost 2 in 5 (37%) amongst C2DE/F50- #All other mentions less than 1% 11

12 Purchasing Back-to-School Items
(Base: All Parents of School-going Children – 413) Primary School Secondary School ABC1/ F50+ C2DE/ F50- TOTAL % % % % % Compare prices across stores Purchase items on sale or on special offer Prepare a list with estimated costs Purchase second hand items Pay costs in instalments (where applicable) Save regularly during the year 6 in 10 (61%) parents compare prices across stores when purchasing 'Back to School' items, a similar proportion, 60%, purchase items on sale or on special offer. Parents with children attending Secondary school are much more likely than parents with children in Primary school to purchase second hand items 12

13 Incidence of Previous Unforeseen “Back-to-School” Costs
(Base: All Parents of School-going Children – 413) TOTAL % Yes Primary School Secondary School % Yes ABC1/F50+ C2DE/F50- Half (49%) of all parents with school going children have previously had to make unforeseen payments in relation to 'Back to School' costs. This increases to 55% amongst those with children in Secondary school % Yes 13

14 Cause of Unforeseen/Unexpected Costs
(Base: All Parents of School-going Children who had Unforeseen/Unexpected Payments – 243) Primary School Secondary School TOTAL ABC1/F50+ C2DE/F50- (Base: 243) (Base: 161) (Base: 156) (Base: 117) (Base: 126) % % % % % School trips/outings Once-off payments for school materials Donation to school Cost of extra-curricular activities Contributions to fund raising Amongst those that had experienced an unforeseen/unexpected cost, for 3 in 5 (59%) it was in relation to a school trip/outing. A similar proportion mentioned that it was in relation to school materials (55%) and a school donation (54%) #All other mentions 3% or less 14

15 School Uniform Required to wear a uniform
Primary School Secondary School (Base: All Parents of Primary School-going Children – 279) (Base: All Parents of Secondary School-going Children – 240) Required to wear a uniform % Yes % Yes (Base: 259) Required to purchase from designated store(s) (Base: 219) % Yes % Yes 93% of children attending Primary school have to wear a school uniform with nearly 4 in 5 (78%) required to purchase the uniform from a designated store(s). For Secondary school pupils 91% are obliged to wear a uniform and 87% of those are required to purchase from a designated store(s) 15

16 Whether Should Have Option to Purchase Crest & Uniform Separately
(Base: All Parents of School-going Children who have to Wear Uniform) Primary School Secondary School (Base: 259) (Base: 219) % Yes % Yes Circa 9 in 10 parents of both Primary school and Secondary school going children believe that they should be given the option to purchase the crest and uniform separately 16

17 Research Background and Methodology

18 A. Research Methodology
The following methodological approach was used: Quotas were set on gender, age, social class and region to ensure a representative sample of parents with children was collected in the sample. All fieldwork was conducted from Wednesday 22nd – Wednesday 29th June 2011. 400 Online Interviews 200 X Parents of Primary School Children 200 X Parents of Secondary School Children 18

19 (Base: All Parents of School-going Children – 413)
B. Profile of Sample (Base: All Parents of School-going Children – 413) % % % % % Dublin 18-34 Primary only Male ABC1/ F50+ Rest of Leinster 35-44 Second -ary only Munster C2DE/ F50- Female 45-54 Both Conn/ Ulster 55-64 Quotas were set to ensure that a nationally representative sample of parents with children was achieved 19

20 C. Profile of Sample – School Going Children
(Base: All Parents of School-going Children – 413) Primary School Secondary School % % Primary school only Both Primary & Secondary school Secondary school only Both Primary & Secondary school Over two thirds of the sample had children attending Primary school whereas over half had children attending Secondary school for the next academic year 20


Download ppt "National Consumer Agency Market Research Conducted by"

Similar presentations


Ads by Google