This statistic presents the results of a survey about purchasing decision-making speed among luxury consumers of different ages in China as of January 2019. According to the survey conducted by McKinsey, approximately 27 percent of Chinese respondents born in the 1980s, '90s or later said they took around two to three days to consider before making a luxury purchase decision.
Time taken to make a purchasing decision among luxury consumers in China as of January 2019, by generation
Characteristic
Post-'80/'90s generation
Post-'65s/'70s generation
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McKinsey & Company. (April 1, 2019). Time taken to make a purchasing decision among luxury consumers in China as of January 2019, by generation [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/1005489/china-time-spent-to-make-purchasing-decision-among-luxury-consumers-by-generation/
McKinsey & Company. "Time taken to make a purchasing decision among luxury consumers in China as of January 2019, by generation." Chart. April 1, 2019. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/1005489/china-time-spent-to-make-purchasing-decision-among-luxury-consumers-by-generation/
McKinsey & Company. (2019). Time taken to make a purchasing decision among luxury consumers in China as of January 2019, by generation. Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/1005489/china-time-spent-to-make-purchasing-decision-among-luxury-consumers-by-generation/
McKinsey & Company. "Time Taken to Make a Purchasing Decision among Luxury Consumers in China as of January 2019, by Generation." Statista, Statista Inc., 1 Apr 2019, https://www.statista.com/statistics/1005489/china-time-spent-to-make-purchasing-decision-among-luxury-consumers-by-generation/
McKinsey & Company, Time taken to make a purchasing decision among luxury consumers in China as of January 2019, by generation Statista, https://www.statista.com/statistics/1005489/china-time-spent-to-make-purchasing-decision-among-luxury-consumers-by-generation/ (last visited September 09, 2024)
Time taken to make a purchasing decision among luxury consumers in China as of January 2019, by generation [Graph], McKinsey & Company, April 1, 2019. [Online]. Available: https://www.statista.com/statistics/1005489/china-time-spent-to-make-purchasing-decision-among-luxury-consumers-by-generation/
