- Gen Zs are an outlier in spending habits and perspectives: less emotionally attached to local businesses, but more willing to pay a premium for them
- Millennials are the most empathetic: most willing to pay a premium for local products, most forgiving of poor customer experience, and care most about sustainability
- Gen Xs tend to be driven by their desire to support the livelihoods of the local community
- Baby Boomers are the most loyal in supporting local businesses
Read more: Amex survey: 9 in 10 Singapore consumers shop at local businesses, but only half consciously feel...