Unlocking the Treasure of the SOLO Economy: Winning Over “Singles” with Data-Driven Marketing

Unlocking the Treasure of the SOLO Economy: Winning Over “Singles” with Data-Driven Marketing

In an era where lifestyles and social structures are rapidly changing, the word “single” no longer simply means “someone without a partner.”
It has evolved into a major consumer segment with strong purchasing power, complex needs, and unique behaviors that marketers and brands can no longer overlook.

The SOLO Economy (Single, Opportunity, Lifestyle, Opportunity) represents a marketing goldmine waiting to be discovered. But the key question is —
how can we identify these consumers within our customer database?

The New Definition of “Single”: Not Just a Status — A Lifestyle

Before diving into data analysis, we must first understand that today’s singles are diverse, yet they share two core traits:
independence in decision-making and a self-centric mindset. Their key behaviors include:

  1. High Disposable Income & Willingness to Spend:
    With fewer financial responsibilities, they’re happy to spend on experiences, self-care, learning new skills, or travel.
  2. Convenience is King:
    They seek products and services that make life easier — such as single-serving meals, delivery services, or smart-home technology.

  3. Self-Investment & Experience-Oriented:
    They value experiences more than possessions. Solo travel, online courses, fitness, and workshops are all popular among them.

  4. Tech-Savvy:
    They are active users of social media and streaming platforms, and they primarily make purchases online.

  5. Community Seekers:
    Even though they live alone, they still seek social connection — such as pet-lover communities or fitness groups.

The Data Detective: Using CRM and Data Analytics to Identify Singles

Finding the “single segment” isn’t as simple as checking a “marital status” box in a form.It’s about detecting subtle behavioral patterns and signals hidden within CRM and loyalty program data.

The key lies in finding the “Pattern of One” — evidence of a solo lifestyle within your customer data.

  1. Transactional Data – Behavior Speaks Louder than Words

    • Size & Quantity: Buying single-portion meals, individual drink cans, or small packages instead of family packs or ingredients for 3–4 people.
    • Product Type: Prefers self-care items, supplements, pet products (a “companion”), or solo exercise equipment — and rarely buys products for mothers or children.

    • Timing: Frequent but small purchases — perhaps a quick stop at the supermarket after work or food delivery on weekends.

  1. Loyalty Program Data – Rewards Reveal Personality

    • Reward Type: Redeems single-movie tickets, spa vouchers for one, or restaurant discounts for solo dining — instead of theme-park passes or family buffets.

  1. Engagement Data – Campaign Response Patterns

    • Responds well to promotions like “Treat Yourself,” “Solo Traveler Deals,” or “Gifts for You,”
      while showing less interest in family-oriented or “Back to School” campaigns.

Building a “Single Score” – Turning Data into Strategy

Once these signals are gathered, the next step is applying data science principles to build a scoring model
that estimates the likelihood of a customer being single. For example:

  • Purchased a single-serving meal → +10 points
  • Redeemed one movie ticket → +15 points

  • Clicked a “Dinner for Two” promotion → –20 points

After scores are aggregated, customers with a high Single Score can be grouped into a Potential Single Segment — allowing brands to immediately craft targeted, creative marketing strategies.

From Data to Action: Seizing Market Opportunities

Brands that understand and can identify the single segment can unlock tremendous business potential across industries:

  • Food & Beverage: Develop single-serving menus and packaging.
  • Travel & Hospitality: Offer safe, friendly solo-travel packages.Finance: Create savings plans and insurance products designed for independent retirement planning.

     

  • Real Estate: Promote compact condominiums with complete functionality.

Seeing the single segment merely as “people without partners” is outdated.
Successful brands must look deeper — into their lifestyle — and use data as a tool to understand and connect.

Marketing that celebrates independence, self-love, and living life to the fullest will be the key to winning the hearts of this rapidly growing and influential consumer group.

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