Millennials Study Provides New Data on Media, Shopping and Social Habits
KANSAS CITY, Mo.–Barkley, one of the largest independent marketing agencies in the U.S., in partnership with Service Management Group and The Boston Consulting Group, released findings today from a groundbreaking study of Millennials, “American Millennials: Deciphering the Enigma Generation.”
Millennials Are Aware of Youth-Oriented Cause Campaigns
Millennials compared to other generations reported greater awareness of newer, youth-oriented cause marketing campaigns, such as Dove’s Campaign for Real Beauty (33 percent versus 21 percent) or Gap RED (26 percent versus nine percent).They report greater exposure to campaigns through social media (40 percent versus 22 percent) and online news (28 percent versus 22 percent), while Non-Millennials rely on newspaper and direct mail.
Millennials Consume 42 Percent of TV Online
Millennials appear to have substituted television and print media for the increased online activity and media consumption. Millennials watch significantly less TV than Non-Millennials; fewer Millennials report watching 20-plus hours/week (26 percent versus 49 percent). When they are not watching live TV, Millennials are much more likely to watch shows mainly on their laptops (42 percent versus 18 percent), with DVR (40 percent versus 36 percent), or On-Demand (26 percent versus 18 percent).
Millennials Seek Peer Affirmation & Advice
Perhaps because of their need to share and to find commonalities, 70 percent of Millennials reported feeling more excited when their friends agreed with them about where to shop, eat and play. Only 48 percent of older adults were as heavily influenced by their friends and colleagues. Additionally, Millennials gather information on products and services from more channels – more Millennials than Non-Millennials reported using a mobile device while shopping to research products (50 percent versus 21 percent).
Millennials Are More Prone to Grocery Shop in Groups
While majority of all respondents shop alone (60 percent Millennials, 69 percent Non- Millennials), Millennials are more likely to shop with others versus Non-Millennials. Plus, Millennials report more shopping than Non-Millennials with family unit, spouse and children (13 percent versus six percent) and with adult friends (four percent versus two percent).
Millennials Crave Adventure
Millennials seek a broader range of activities, think globally, and report a greater desire to travel. The large majority of Millennials (70 percent) want to visit every continent in their lifetime. Fewer than half of older adults report that goal.
Millennials Prefer Casual Dining Environments and Snack More
Not only do Millennials report a desire for adventure, but they also think life should be fun. Whether shopping, dining out, or immersed in their mobile devices, Millennials prefer the music turned up and a casual atmosphere. Millennials accounted for 18 percent of their monthly restaurant spend in the fast-casual format, compared to only 13 percent for Non-Millennials. Additionally, Millennials crave snacking opportunities, and are more than twice as likely as older people to seek them out mid-morning, mid-afternoon and late at night.
Retail Associates Play a Critical Role
When female Millennials were asked a series of questions about where they purchase fashion brands, it became clear that if store associates do not know the trends or look the part, Millennials are far less likely to be drawn in by the store. Millennials demand more knowledgeable and fashionable sales associates (29 percent versus 19 percent) while Non-Millennials value sales associates who know to apply discounts and offer promotions (65 percent versus 51 percent).
More Insights to Come at Share.Like.Buy. Conference
More detailed findings from the study will be shared at the “Share.Like.Buy.” conference on September 22-23, 2011, in San Francisco, Calif. Aimed at all marketers who must forge new relationships with American Millennials, the conference will educate attendees on how to market with Millennials rather than to them. Confirmed conference participants and speakers include representatives from Facebook, MTV, Sony Music, Frito-Lay, Forbes Magazine, Forrester, Spiral 16 and many other thought leaders from the marketing industry.
To learn more about the study and conference, visit sharelikebuy.com, or contact Barkley’s Jeff Fromm at 816.682.5401.
Barkley is one of the largest employee-owned agencies of its kind. Founded in 1964, the agency offers a full range of marketing communications services including advertising, public relations, cause branding, sponsorships and events, relationship marketing, social media, design, media planning and buying, motion graphics, research and interactive marketing. Barkley has offices in Kansas City, St. Louis and Pittsburgh with additional field offices across the nation. More info: www.barkleyus.com and www.barkleyREI.com.
Contacts: Jeff Fromm, 816-682-5401
or Mike Swenson, 816-423-6144