pushing the millennial buttons - how to market to gen y
DESCRIPTION
the big themes which can connect your brand to MillennialsTRANSCRIPT
Marketing to Millennials
Sometimes known as Gen YBorn between 1980 and 2000
Not all the sameBut share certain characteristics
Millennial themes
The Economy
Globalisation
Connectedness
The Economy
Millennial themesAmbitious go-gettersSeek steady careers - push themselves to get ahead.
Women care about projecting a professional image with the right clothes and makeup
Men tend to embody the "frat boy" culture, and are heavily invested in technology, gaming and sports.
“Economic purgatory"Overeducated, underemployed millennials who haven't achieved their career goals typically avoid risk and economize by living with multiple roommates and using coupons.
The one exception is technology, which even low earners consider a necessity.
Globalisation
Millennial themesNostalgiarefuge from the harsh realities of modern life in either their own childhoods or past decades that they never could have experienced themselves.
interested in crafting and DIY projects, and enjoy using modern technology like photo-editing apps to recreate things from bygone times.
Perennial Gap Yearswant to take in everything the world has to offer, but there are two very distinct ways
Millennial "foodies" go out to restaurants that serve exotic cuisine and view dining out as an event.
Others prefer to actually travel and immerse themselves in foreign cultures to truly experience them.
Millennial themes
Connectedness
the first generation to have grown up in a digital world
"Exuberants," active users who take pictures of and blog about everything and are constantly projecting themselves and their experiences out into the world
“Collectors," the 80-plus percent of social media users who passively take in the vicarious experiences of others. .
Brands reaching UK Millennials
Their secret?
Either brands with longevity (back story, meant something to their parents) or online brands.
Authentic: brands that are telling this generation they really care about something.
Something more than making money.
Meaningful brands.
Millennial MothersMillennials (aged up to 34) not only include ‘mums’…
…mums represent nearly half the women in the generation.
Millennial Mothers are a growing and impactful force. With an enormousamount of purchase power and influence, these mums are a combination ofprogress and tradition –
reflecting their being raised by Baby Boomer parents in adigitally immersive world.
Millennial Mothers
Even more online than Gen X
Millennial Mothers
UK Millennial Mums on mobile…
Millennial Mothers
44% admitted buying something for their child after seeing someone in their social media network following a particular brand
64% of millennial mothers made regular purchases using their smartphone or tablet computer.
79% admitted to using social media on their phone on a daily basis
60% shared daily pictures on social media through this method
Millennial Mothers
Not all Millennial Mums are in two-parent families with dual-incomes.
Many Millennial Mums may have difficulty identifying with images of the traditional two-parent family.
‘One World’ storiesof caring / giving /ethical sourcing
Millennial brand stories
Millennial brand stories
Reassuring stories of nostalgia for ‘New Traditionalists’
Millennial brand stories
User-generated picture-sharing for brand engagement
The same rules apply:
Offer a connection between your brand’s meaning and the values of your consumer
The difference:
Their values are not the same as Gen X & Baby Boomers
They want to share and engage
Social media / online / digital is simply a channel to reach – and engage – consumers
But, it is an essential channel for Millennials, and Millennial Mothers
Reaching Millennials