Household Trends: A World of Singleton Consumption
Single people, or singletons as they are called, are single people who are living by themselves at home – a single person household. These households are growing faster than any other type of demographic, and therefore must be catered to by companies. Singletons tend to be very in-trend, and therefore pay attention to fashion, technology and lifestyle choices. However, singletons don’t have combined spending power, and seek out certain budget items, such as food, in order to fulfill their lifestyles.
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