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COLLOQUY’s Survey Shows 63% of Americans are Leery of Wearable Tech Price Tags

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35% Say Wearable Devices are Nerdy, but “Cool Nerdy”

Cincinnati, OH

A COLLOQUY nationwide survey of 1,060 American consumers shows that 63% say wearable devices are too expensive. Just over one out of every two Americans, 52%, say they don’t know enough about wearables and don’t understand them.

On the other hand, 35% of consumers said wearable technology is nerdy, but “cool nerdy.” In a stat that retailers undoubtedly will embrace, one in four Americans, 27%, said they “used to hate shopping but with my wearable I love it.” And just 8% said wearable devices are uncomfortable.

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