DESPITE HECTIC, COMMERCIAL HOLIDAY SEASON, NEW SURVEY SHOWS PEOPLE VALUE CLOSE PERSONAL RELATIONSHIPS THE MOST “Protecting the Family” is Number One Value, Says American Express/RoperASW Global Affluent Study NEW YORK, December 22, 2003 -- As the year-end holidays fast approach, consumers often feel overwhelmed by frantic schedules filled with shopping, partying, and holiday travel. And with all the talk about the breakdown of the traditional family, it may seem at times as though some traditional values are slipping away. If so, a new survey released today by American Express and RoperASW brings comforting news: consumers still rate commitment to family and close friends as the most important values of all. This is true around the world and across all income levels. This third American Express/RoperASW Global Affluent Study focused on the interpersonal/relationship-oriented values ranked by over 11,000 consumers in eleven countries (Australia, Brazil, Canada, France, Germany, Hong Kong, Italy, Japan, Mexico, the UK and the US). (Note: As its name indicates, the American Express/RoperASW Global Affluent Study series was designed to follow behavior, lifestyle and preferences of affluent consumers. However, in this particular report, the affluent and non-affluent results were very close, so the results have been combined. Any significant differences in specific findings are noted below.) Overall Findings
“It is heart-warming and reassuring to see that, in spite of the changes and difficulties people in many countries have faced in the past few years, the value they place on family and friendship endure and predominate across all income levels, cultures and religions,” says Vijay Parekh, president of American Express' international consumer business. 2) Spiritual values (e.g. “spirituality” and “faith”) was the second-highest ranking group.
3) Community relationships ranked lowest of the three.
Country Differences in Interpersonal Values
“Japanese culture places a strong emphasis on the importance and benefits of mutual interpersonal support,” says Xiaoyan Zhao, director of the RoperASW study.
“These developed Western cultures share a focus on the enjoyable aspects of life, such as having fun,” says Zhao. “This extends to the value they place on relationships. In addition, Germans value stability in general, not just in personal relationships, but also in societal and economic terms.”
Faith and Spirituality: Overall Low and Not Increasing, but Among Top Values in the Americas
“Compared with the other countries in the study, these three share a religious tradition that remains an integral part of the cultural personality,” says Zhao. “They practice what they preach, too; a majority of people in Brazil, Mexico, and the US report praying or meditating at least weekly.” The 11-market overall rankings in faith and spirituality have not increased in recent years.
“Roper's research indicates that parts of the ‘developed' world have become even more secular in recent years,” says Zhao.
Correlation Between Altruism and Hearth and Home Values
“The focus on helping other people in Japan and Germany is in line with the priority that consumers in both of these countries place on stable personal relationships, as well as the importance of friendship in Japan and enduring love in Germany,” says Zhao.
“In several of these countries, it's a case of people not just ‘talking the talk', but ‘walking the walk,' ” says Zhao. “Roper data show that Australians and Americans are among those most likely to say they volunteer or help others on a regular basis.” Tradition Low in Rankings but Up Slightly in US and Brazil
“Tradition for its own sake may not be a highly ranked value in many parts of the world today,” says Parekh. “But relationships with family and friends clearly are. People are looking to the future, while building on the strengths of the past.” The information in this release is based on the Roper Reports Worldwide 2003 global survey of 1,000 people in each of eleven countries, conducted by RoperASW, an NOP World company. Affluent respondents represent the top earning 10-20% of households surveyed in each country, with incomes varying somewhat from country to country. The margin of error for affluent consumers across the eleven markets is +/-3%. RoperASW, an NOP World company, is a leading global market research and consulting firm. With headquarters in New York and offices in London, Manila and throughout the U.S., NOP World is the seventh largest market research company in the U.S. and among the top ten globally. American Express Company is a diversified worldwide travel and financial services company founded in 1850. It is a leader in charge and credit cards, Travelers Cheques, travel, investment products, insurance and international and online banking. |