yahoo research exploring gen z and the future of youth marketing
TRANSCRIPT
Generat ion Z: Def in ing The Future Of Youth Market ing
P a t r i c k H o u r i h a n H e a d o f R e s e a r c h N o r t h e r n E u r o p e , Y a h o o
C e l i a N o r o w z i a n D i r e c t o r , S e e d M a r k e t i n g
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express
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discuss likeread
swapexperience
Gen Z align with brands they can interact and relate to
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Reassessing a brand’s assets and vision against the needs
of Gen Z
recalibrate the relationship you have with each other
Brand Y
The brand challenge
Gen Z
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Who are Gen Z?
Live with their families
64%
28% Financially
independent
UK : Career focus
EU5: Family focus
Concerned about
their future
Our Mission: Make TheWorld’sDaily Habits More Inspiring &Entertaining
One device rules them all
3 core characteristics identify Gen Z
Adept at finding ways to squeeze every last drop
out of each moment
The art of utilizing the resources available to
their maximum potential to aid self
development & expression
The feeling derived from being able to
impart knowledge & an informed point of view
Possessing the ability to extract
the meaning from the noise
Let them optimize
Let themrule
Let themfilter
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Constant expectations around streamlining
Q14 & Q15. What is most important to you when using or consuming content online? Q16. We are really interested in how technology impacts your life, how you use it and what it helps you to do. On the next page are some statements which describe what some people have said about their lives and technology. Base: UK (1043); EU5 (5364)
29%want content that is ‘tailored to my needs / that I can personalise’
24%Agree ‘apps on my mobile devices are essential in helping me to keep my life in order’
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Life Hacks – the new trend
1. Save time studying by listening to recorded lectures at twice the speed on VLC
2. If you’re a heavy sleeper, putting your phone into a glass will amplify the sound.
3. For impromptu parties, fit an iPhone into an empty plastic drinks bottle.
4. Get the Wi-Fi password to most establishments by checking the comments on Foursquare.
5. Attach bulldog clips to your desk to stop wires falling off. You’ll never have to search for a speaker cable again!
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Optimising social in the everyday
3 core characteristics identify Gen Z
The art of utilizing the resources available to
their maximum potential to aid self
development & expression
The feeling derived from being able to
impart knowledge & an informed point of view
Let themrule
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Move them towards financial self-sufficiency
S8.Which of the following best describes your working status?Q2.We’d like you to think about what is most important to you in your life right at this moment..Base: UK (1043); 16-18(295); 19-20 (219); 21-22 (268); 23-24(261) EU5 (5364) - *comScore figures June 2013
58%say having enough money to do and buy what I want is one of the most important things to me at the moment
Only doing well in education / career is seen as more important
of Gen Z have a job;even a third of 16-18 year olds are working
51%
69%
16-18 19-20 21-22 23-24
60%52%32%
56
47
CONFIDENTIAL
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MTV Student of the Year
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Bring expertise to their everyday
Q2.We’d like you to think about what is most important to you in your life right at this moment..Q9. In general, how often, if at all do you do the following activities online?Q14 & Q15. What is most important to you when using or consuming content online? Base: UK (1043); EU5 (5364) - *comScore figures June 2013
29%
48%say ‘learning and discovering new things that interest me’ is one of the most important things to me at the moment
say ‘good content helps me be more knowledgeable’
47%4851
29
Often watch videos online to learn new things or improve skills
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#SpotifyCrew
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Help them build their online identity
Q16. We are really interested in how technology impacts your life, how you use it and what it helps you to do. On the next page are some statements which describe what some people have said about their lives and technology. Please let us know whether this sounds like you or not! Base: UK (1043); EU5 (5364)
Want content that ‘lets me comment and share my opinion’
26%‘I share information with my friends mainly because I want to stimulate conversation or comment’
say ‘online networks / communities enable me to feel part of something even if those around me don’t share the same interest’
28%
27%
23
27
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The Ultimate Gen Z currency
3 core characteristics identify Gen Z
Possessing the ability to extract
the meaning from the noise
Let themfilter
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Be authentic in the data you collect
Q16. We are really interested in how technology impacts your life, how you use it and what it helps you to do. On the next page are some statements which describe what some people have said about their lives and technology. Base: UK (1043); 16-18(295); 19-20 (219); 21-22 (268); 23-24(261) EU5 (5364); DE (1087); ES (1004); IT (1107); FR (1023)
28%‘I prefer not to use websites that require me to register or have a username or password’
30
say its ‘important for me to have control over what gets shared about me / published online’
48% 48
56%
DE ES IT FR
33%36%55%
29%
DE ES IT FR
26%28%34%
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Make content bite-sized & more frequent
Q14 & Q15. What is most important to you when using or consuming content online? Remember by content we mean absolutely anything you read, watch, listen to or interact with onlineBase: UK (1043); EU5 (5364)
43% say its important content has ‘easy to digest information’
42
say its important content is ‘easy to access on the device I’m using’
51%51
3 core characteristics identify Gen Z
Let them optimize
Let themrule
Let themfilter
Financially challenging times – act as a trusted
guide
Help leverage knowledge and
creativity
There is no down time
Brands need to help
maximise every moment
Reputation online is
critical – be authentic
Super-personalised
Quest ions?P a t r i c k H o u r i h a n H e a d o f R e s e a r c h N o r t h e r n E u r o p e , Y a h o o
h o u r i h a n @ y a h o o - i n c . c o m
C e l i a N o r o w z i a n D i r e c t o r , S e e d M a r k e t i n g
c e l i a @ s e e d m a r k e t i n g a g e n c y . c o m