Note: I’m posting a series of nuggets on ‘women and philanthropy’ so some of these are from previous years that I want to bring to the top of the pile. — below from 2005.
- HOW DO WE MELD THIS MARKET INTO OUR VISION AND OUR PLAN?
- WHERE DO WE FIND THESE QUALIFIED (WOMEN) PROSPECTS?
- HOW DO WE BUILD RELATIONSHIPS WITHIN THIS MARKET?
- 10.2 million women earn more than their husbands!!! (One out of four women)
- Women equal 43% of Americans with assets greater than $500,000 !!!
- Women own 60% of all assets in the U.S. !!!
- Women-owned businesses total nearly 8 MILLION !!! (vs. 400,000 25 years ago); and post $2.3 trillion in annual sales!
- This year, 50% of all small businesses will be woman owned.
- More than half of the new jobs created in this country since 1992 are attributed to women-owned businesses !
- Women control over half of commercial and consumer consumption.
- American women… by themselves …are in effect the largest “national” economy on earth!!!
- Women control about 80% of household spending and, using their own resources, make up 47% of investors.
- Women buy 81% of all products and services, buy 75% of all over-the-counter medications, make 81% of retail purchases, and buy 82% of groceries.
- Eighty percent of the checks written in the United States are signed by women.
- Forty percent of all business travelers are women; they are responsible for 61% of all travel and consumer-electronics purchases.
- Women influence 85% of all automobiles purchased.
- They also head 50% of all U.S. households with incomes over $600,000 and own roughly 66% of all home-based businesses.
- Women have been the majority of voters in this country since 1964.
- The inter-generational transfer of wealth in the next 20 years will be between $8 and $14 trillion … and women will handle most of it!!!
