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MILLENNIALS SOCIAL MEDIA MARKETING
Image source googleimages.com
Millennials - Facts
12%
24%
24%
16%
24%
Population By Generation
Greatest/Silent Boomers Gen X Millennials Gen Z
Compiled by author from pewresearch.org
Millennials
We refer to the generation of millennials as those who do not have a recollection of life before the internet and cell phones (usually 16 – 19)
They refuse to be bound by social norms, accepted customs and beliefs
Millennials Founded The Social Media Movement
They are 77 million, and
make up 24% of the
population
Three-quarters of millennials
have created a profile on a
social networking
site
Compiled by author from pewresearch.com
Marketing To Millennials
Studies show that 83 million millennials have $1.3 trillion in buying power
Millennials have a world of information at their fingers, but they are forming their own opinions about brands
Building A Marketing Plan Around MillennialsGOING GLOBAL, SOCIAL AND MOBILE
One key to reaching millennials is to go where they are
They are increasingly global, mobile and social
CULTURE FOLLOWS THEIR LEAD
The whole world will follow the lead of millennials
Those who identify with this group will have the rest of the population following along
Develop a business model that will specifically target millennials and figure out their diverse needs
Compiled by author from pewsocialtrends.org
CONSIDER THEIR LIFETIME VALUEALTHOUGH BABY BOOMERS ARE STILL A BIG MARKET….
If Millennials acquire brand affinity, they will stay with you for life
Affords an opportunity to grow and evolve and makes for a sound business model for the next 50 years or so
WHAT ARE MILLENNIALS DOING ON THEIR PHONES DURING THE DAY?
Text Social Media Mobile Games
Take Pictures
Browsing Email Phone Calls/Voice
Mails
66%
55%51% 48% 47%
33%
24%
Typical School Day Phone Use
Compiled by author from pewsocialtrends.org
YOUTUBE, NETFLIX AND PANDORA- TOP MUSIC STRAMING SERVICES
YouTube Netflix Pandora Spotify Google Play
Amazon Prime
Hulu/Hulu+
Google Chrome
Cast
Roku0%
10%
20%
30%
40%
50%
60%
70%
80% 75%
55%
39%
24% 24%
14% 14%9% 10%
What streaming platforms do you use often?
Compiled by author from pewsocialtrends.org
Contact Us for the Full Presentation:
Mediacontact USA Inc.13575 58TH Street North #160
Clearwater, Fl. 33760
T: 727 538 4112E: [email protected]
www.mediacontactusa.com
Sources Cited "5 Reasons to Build Your Marketing around Millennials." 5 Reasons to Build Your Marketing
around Millennials. Web. 9 Jan. 2016. http://www.prdaily.com/Main/Articles/6e0680c7-a5a3-4dfe-8fc6-d08a47111441.aspx\
"Millennials: Confident. Connected. Open to Change." Pew Research Centers Social Demographic Trends Project RSS. 23 Feb. 2010. Web. 9 Jan. 2016. http://www.pewsocialtrends.org/2010/02/24/millennials-confident-connected-open-to-change/
“Millennials.” Pew Research Center RSS. Web. 9 Jan. 2016 http://www.pewresearch.org/fact-tank/2015/01/16/this-year-millennials-will-overtake-baby-boomers/
Mobile Advertising Via Social Networks http://www.aabri.com/NO2013Manuscripts/NO13039.pf "Mobile Apps - US - September 2013." Mobile Apps. Web. 9 Jan. 2016.
http://store.mintel.com/mobile-apps-us-september-2013 "Nielsen." Tetrad. Web. 9 Jan. 2016. http://www.tetrad.com/demographics/usa/nielsen/ Petrov, Kosta. "10 Things Every Marketer Needs to Know." The Huffington Post.
TheHuffingtonPost.com. Web. 9 Jan. 2016. http://www.huffingtonpost.com/kosta-petrov/10-things-every-marketer-needs-to-know_b_7980968.html
"Trends: Digital Advertising." AdWeek. Web. 9 Jan. 2016. http://www.adweek.com/news/advertising-branding/trends-digital-advertising-135805