#MillennialTalk: Marketing to the Me Generation
While the Millennial generation indeed
founded the social media movement, their interests, backgrounds and aspirations
span well beyond what’s listed on their Facebook pages. This generation’s
digital tendencies, however, mean that marketers and brands need to step up
their games in order to keep up and engage with them. Adding to the challenge
is the need for diversity with a greater portion of millennials belonging to a
multicultural group – redefining mainstream.
And
these 18 to 34 year-olds are worth the effort. Why? Because they are 9 million
strong in Canada — on par with Baby Boomers — and make up 26 percent of the
country’s population. And while many are still climbing the income ladder, this
group’s size and age range highlight its long-term purchase power. Carman
Allison, VP Consumer Insights Canada at Nielsen, takes a look into the trends
surrounding this changing generation—including purchasing habits, consumption
patterns, media choices and more.
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