The heartbeat of the sharing economy is the consumers themselves, now empowered by a model that allows them to rent services from one another. And while the regulatory uncertainties persist for brands like Uber and Airbnb, “collaborative consumption,” is still booming and shows no sign of slowing down.
As these companies continue to forge new roads for the average consumer, we wanted to better understand what degree of this growing movement impacts multicultural consumers, hopefully shedding light on growth opportunities for these peer to peer brands.
We took a representative sample of U.S. Hispanics, African-Americans, Asians, and non-Hispanic whites, and asked several questions regarding the sharing economy, its major players, and its use among these cohorts.
Get more insights from our report - http://campaigns.thinknowresearch.com/downloads/sharing-economy-report-2016.html
3. 3
Online Survey Via ThinkNow Research’s Omnibus Study
Sample Size
Nationwide, January 2016
511
Hispanics
258
Asian
258
White
258
African-American
Self identify
as Hispanic
origin
Hispanics Non-Hispanics Age
Self identify as White,
African-American or Asian
18 -64 years
of age
Screening Criteria
Spanish
dominant
35%
Bilingual
30%
English
dominant
35%
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4. 4
Who We Are
An authority on creating
and managing research
products that help clients
gather insights about
rapidly changing consumer
segments.
Conduct online, in-person
and telephone research.
Research experience
specifically in the Hispanic,
African American, Asian and
Total markets.
Experience in hard-to reach
demographic sub-groups.
Only full-service market
research company that
owns & operates an in-
house Hispanic panel.
Servicing Fortune 500
clients, ad agencies, non-
profits and other market
research companies.
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5. 5
Our Services
QUANTITATIVE
QUALITATIVE
MIXED MODE
ONLINE MARKET
RESEARCH
COMMUNITIES
CONCEPT AND
COPY TESTING
ADVERTISING
EFFECTIVENESS
ONLINE PANEL
BUILDING
WEBSITE
USABILITY
STUDIES
OMNIBUS
SURVEYS
ATTITUDES &
USAGE
BRAND
TRACKING
PRODUCT
TESTING
ONLINE &
OFFLINE
QUALITATIVE
ONLINE
PANEL
INTERCEPTS PHONE
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7. 7
Awareness of Sharing Companies/Services
80%
51%
41%
35%
10% 10% 8% 5%
3% 3%
Base: Total Sample (n=1285)
Which of the following companies/services have you ever heard of?
Uber is easily the most recognized sharing economy service, followed by Etsy and Lyft.
Total
Market
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8. 8
Awareness of Sharing Companies/Services by Segment
Which of the following companies/services have you ever heard of?
75%
46%
39%
29%
84%A
59%AC
45% 43%AC
81%
40% 42%
31%
79%
49%
46%
50%AC
Uber Etsy Lyft AirBnb
Hispanics (A) Whites (B) African-Americans (C) Asians (D)
Awareness of the top sharing services is lowest among Hispanics and African-Americans.
Whites and Asians tend to have higher awareness levels.
Letters indicate statistically
significant difference (95%
confidence)Base: Hispanics (n=511), Whites (n=258), African Americans (n=258), Asians (n=258)
Note: Only top
services shown
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9. 9
Sharing Companies/Services Used
Which of the following companies/services have you used in the past 12 months?
About half of US consumers have used the most popular sharing services in the past 12 months,
with Uber and Etsy being the most common.
25%
20%
6% 6%
3% 2% 2% 1% 1% 1%
48%
Base (n=1285)
Total
Market
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10. 10
Sharing Companies/Services Used by Segment
Which of the following companies/services have you used in the past 12 months?
Letters indicate statistically
significant difference (95%
confidence)Base: Hispanics (n=511), Whites (n=258), African Americans (n=258), Asians (n=258)
3-in-10 Hispanics have used Uber in the past 12 months. Uber is most commonly used among
Asian-Americans.
30%
18%C
9% 8%
25%
27%ACD
5%
8%
30%
10%
5%
7%
37%B
16%
7%
10%
Uber Etsy Lyft AirBnB
Hispanics (A) Whites (B) African-American (C) Asians (D)
Note: Only top
services shown
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11. 11
35%
22%
8% 10%
38%
25%
12% 13%
30%
16%
11%
5%
Uber Etsy Lyft AirBnB
Awareness/Usage by Hispanic Language Groups
Which of the following companies/services have you heard of / used in the past 12 months?
Letters indicate statistically
significant difference (95%
confidence)Base: Spanish-Dom (n=168), Bilinguals (n=178), English-Dom. (n=165)
Awareness levels are lowest among the Spanish-dominant segment of Hispanics. However, usage
levels tend to be more similar across the language groups.
71%
33% 31%
19%
73%
50%
42%
29%
82%
56%
44%
39%
Uber Etsy Lyft AirBnB
Spanish-Dom (A) Bilinguals (B) English-Dominant (C)
A
Note: Only top
services shown
A
A
C
AWARENESS USED IN PAST 12 MONTHS
A
A
A
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12. 12
Frequency of Using Sharing Services
Which of the following companies/services have you ever heard of?
Base: Hispanics (n=511), Whites (n=258), African Americans (n=258), Asians (n=258)
69%
68%
54%
52%
33%
27%
26%
22%
Uber
Etsy
Lyft
AirBnB
Once a Week+ Once a Month+
Most users of Uber and Etsy use the service at least once a month.
Total
Market
30%30% among
Hispanics
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13. 13
$114
$83
$65
$42 $39 $37 $34 $32
$24
$12
AirBnB Task Rabbit Instacart DogVacay Turo Etsy Post Mates Uber Lyft Shyp
Amount Spent Each Time
On average, about how much do you spend each time you use this service?
Base: Total Sample (Varies by provider)
Users average just over $100 for AirBnB. All others are well under $100.
Total
Market
** ** **
*Caution: Small base size
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17. 17
Demographics
62% 60%
51%
70%
Employed
Hispanics Whites African-American Asian
29%
35%
21%
61%
College Graduate or More
Hispanics Whites African-American Asian
$42K
$63K
$34K
$77K
Median Household Income
Hispanics Whites African-American Asian
Base: Hispanics (n=511), Whites (n=258), African Americans (n=258), Asians (n=258)
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18. 18
Demographics:
Hispanics
Base Size: Hispanics n=511
35% 35%
30%
Home Language
Spanish-Dominant Bilingual English-Dominant
16%
54%
30%
Acculturation Level
Less Acculterated Bicultural More Acculturated
64%
12% 10%
6% 5% 5% 3%
Country or Origin
Mexican Puerto Rican South American Central American Dominican Cuban Other
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19. 19
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