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Please write 350 words about the current spending habits and preferences of American young-adult consumers. Plus...

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Psychology

Please write 350 words about the current spending habits andpreferences of American young-adult consumers. Plus cite yoursources.

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Since many teenagers have parttime jobs or get an allowance from parents they have reached the stage of life where they decide how to spend money While image plays an important role in teen spending habits thats not the only factor influencing their purchases In the US today there are roughly 20 million teenagers In the past teenagers were a market advertisers largely ignored These days things have changed quite a bit Marketing firms have realized brand loyalty starts at a young age and is often carried to    See Answer
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