Monday, June 17, 2013

Marketing To Millennials

“From pop culture to the workplace, Millennials are forging the future. As the largest generation in U.S history enters adulthood, they’re making a massive impact on our society."

·         This article states that it is now more necessary than ever for marketers to have a more complete and thorough understanding of the audiences they are trying to communicate with. The media landscape is evolving at a significant rate and as this new generation enters adulthood, everyone will notice drastic societal changes.
·         Millennials have received a bad rap, and as a millennial myself, I would have to argue that rather than being self-centered, lazy, narcissistic, over-coddled infants, generation Y’ers are just adapting to a world undergoing rapid technological change.
o   CMO has reported that Horizon Media and Fizziology recently set out to better understand millennials. Their findings include that there are “four millennial segments”, the most important being the ‘confident connecteds’.
§  Confident connecteds are avid sharers who respond to promotions, hashtags, giveaways, and sweepstakes- all while engaging with brands in positive ways. For this section of the millennial population, actions are less about branding themselves and more about sharing deals with their peers and engaging with brands in order to receive something in return.
·          To be able to effectively reach this audience, marketers will have to become addictive, promoting experiences and products that add significant value to one’s life. Marketers need to build a reputation (including efforts of corporate social responsibility) and enter key category opportunities including, but not limited to, health & wellness and consumer electronics.
o   The other three segments of generation Y’ers include the ‘Youthful Pursuits’, ‘Indie Dreamers’ and 'Creatures of Comfort.' All three of these segments consume an incredible amount of advertisements, share good and bad brand experiences and are ever-connected to the online world.
·         Advertisers should be salivating over the 105 million millennials that compose this new market. The methods and media that have worked for baby-boomers are no longer going to product results with the technologically advanced millennials. In fact, recently I read an article on adage.com that discussed how millennials never inherited their parents’ love for the “touch” of paper. They do not naturally go “gaga” over advertising in magazines, nor do they need to perch in front of the television, or watch TV on TV at all.

o   Millennials spend an incredible amount of their lives on tablets, laptops and smart phones- and now I have to ask- is your website optimized for mobile? At Perry Systems we understand that traditional advertising methods are quickly dying and your web presence needs to be clear, reachable and optimized to grab the attention of the newest generation. Perry Systems offers online marketing platforms, mobile optimization, consulting and the quality assurance to make your online presence, along with your business, a success.




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