Know Your Audience: Marketing for Millennials & Gen Z
- Forrest Smith
- Digital marketing
- Friday, August 18, 2023
Millennials – people aged 25 to 40 constitute the largest and most important demographic for businesses today. With the right strategies, companies can successfully engage this crucial audience and capitalise on their buying power. Here are some tips to effectively market to millennials.
To appeal to the millennial market, you should ensure that you avoid using outdated marketing tactics, focus on digital platforms, convey authentic messaging, value experiences over materialism, use influencers and appeal to conscious consumption habits.
In most economies around the world, the millennial generation is now the largest age demographic in terms of purchasing power, so it should come as no surprise that businesses want to focus their marketing efforts on this particular market segment. But how do you market to millennials? By understanding their needs and values, you can position your brand in a way that resonates with this powerful group. Here are some tips for marketing to millennials:
Digital Marketing Strategies For Millennials
1. Go where they are.
To reach millennials, you need to meet them where they are. That means exposing your brand on the channels and platforms they use most, like social media. Your primary focus should be on creating digital marketing channels.
2. Ditch the traditional marketing tactics.
Millennials are bombarded with marketing messages every day, so they’ve become experts at tuning out the noise. If you want to reach them, you need to stand out from the rest.
3. Keep it real.
Millennials can spot inauthenticity a mile away. If you want to connect with them, you need to be transparent, honest, and true to your brand’s values.
4. focus on experiences.
Millennials are all about experiences. They’d rather spend their money on tickets to a concert or a new restaurant than on material things.
5. Use influencers.
While millennials are skeptics by nature, they do put a lot of trust in influencers. If you can partner with someone who has a large following and is respected by this demographic, you’ll be in a good position to reach them. By following these tips, you can start to market to millennials in a way that resonates with them.
6. Conscious Consumption.
When it comes to ethical consumption habits, millennials are leading the charge. As a generation known for their progressive values and their commitment to sustainability, millennials are embracing sustainable shopping habits more so than any other generation before them.
What about Gen Z?
If you want to capture the attention of Generation Z, it is essential that you understand how to effectively market to them as well. These digital natives are tech-savvy, socially minded, and full of independent spirit. As a brand, you need to think about how you can fit into their lives, not how they can fit into yours.
Digital Marketing Strategies For Gen Z
Generation Z is the newest generation to come of age, and as marketers, we have to rethink how we engage with them. Traditional marketing approaches just won’t work with this group of digital natives. Here are five more digital marketing strategies that you can use to market to the next big market, Generation Z (people aged 9-24):
1. Understand what motivates Gen Z
Gen Z is different than any other generation before them. They are the first generation to be raised in a world where technology is always available. They are also the most diverse generation, with more than 40% identifying as a minority race or ethnicity. Because of this, it’s important to understand what motivates them before you begin marketing to them. Gen Z is motivated by social responsibility and authenticity. They want to see brands that are making a difference in the world and are true to their values. They are also motivated by their own personal interests and passions. So, it’s important to target them with marketing that is relevant to them and their interests.
2. Social media & Gen Z
Gen Z is the most connected generation, so it’s no surprise that they are heavily influenced by social media. They are constantly connected to their phones and use social media to connect with their friends and learn about new brands and products. To reach Gen Z, you need to be where they are. This means using social media platforms like TikTok, Instagram, and YouTube. But the number one platform to reach Gen Z on is unquestionably TikTok – a highly engaging platform that’s a great place to create viral content. You should also use influencers to reach Gen Z. Influencers are trusted sources of information for Gen Z and they are more likely to listen to them than to traditional advertising.
3. Create content that is relevant to Gen Z
Gen Z is a visually-driven generation and they prefer content that is short and easy to digest. They also like content that is funny or inspiring. So, it’s important to create content that is relevant to them and that will capture their attention. You can create content that is relevant to Gen Z by using social media platforms like TikTok and Instagram. You can also use influencers to create content that is relevant to Gen Z and create short videos that are funny or inspiring.
Appealing to the millennial and Gen Z markets is not as easy as it may seem! This is a subset of customers that has grown up with technology and is very aware of and averse to advertising and marketing campaigns. These tips will help you get the most out of your marketing campaigns and help you to craft a brand with the right tone, voice, and values.
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