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Gen Y?
EXECUTIVE SUMMARY
POLA PACZKOWSKA
Agenda
Generation Y characteristics
CRUSH model
Conclusions and recommendations
POLA PACZKOWSKA
Generation Y
characterictics
POLA PACZKOWSKA
Digital Natives
As many as three quarters of Gen Y people, before coming out of bed in
the morning, reads text messages, checks e-mail and news in social
networks. Moreover, 90 % of respondents, while preparing to go out,
uses smartphones, of which 60 % does it unconsciously. Four out of five
respondents send emails and SMS in bed, more than one-third use
smartphones even in the bathroom. Furthermore, almost half of
respondents uses smartphones during family meals and meetings with
friends.
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Facebook obsession
People belonging to Generation Y are often called Generation Me due to
their tendency to narcissism. This generation is self-centred, like no other so far.
Millennials tend to create the stories of their perfect life in minds and are willing to
show it on social networks. Looking through photos they unwittingly begin to
wonder if any, by chance, is suitable for the profile picture. Young people are afraid
of failure and constantly worried about their social status, bearing in mind the
number of friends, likes and comments on Facebook. The more is going on in their
lives, the more they can show on social networks. Therefore, the problems
associated with adolescence, such as alcohol abuse, smoking cigarettes or
marijuana are often neglected by the Generation Y. This is because if their misdeeds
are published on the Web, they themselves, may become the topic of conversation
of friends and their friends and thus become more popular.
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Rebels
Representatives of Gen Y are considered to be selfish. Almost 50 % is hedonistic
and materialistic . Approximately 19 % is shopping addicted. Their selfish nature
has a big impact on their faith - only 7 % go to church more than once a week,
and up to 40 percent do not go at all. Representatives of generation Y are forever
busy and they think they have better things to do. In addition, only 7 % count on
authority and acknowledges that it has any impact on their quality of life.
Representatives of Generation Y put his friends and acquaintances in the first place.
They do not think about setting up a family or a permanent job for life. Only 19 %
lives in marriage, and 18 % has at least one child, while in the case of Generation X
it was 35 %. Both in case of marriage and having a child. Representatives of Gen Y
take spontaneous decisions, do not care about the consequences and do not think
about the future. What is importantis here and now.
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Millennials as consumers
Representatives of Gen Y are people who like to be original and stand
out from the crowd, which is associated with what brands they choose
every day. Nevertheless, this does not mean they are not interested in
large corporations offer. The best examples are brands like Coca -Cola,
Apple, Levi's or Nike brands adored by Gen Y. These brands are
always one step ahead of the competition virtually, every day
something new is served to its loyal customers. In such companies, even
the most demanding representative Gen Y can not get bored.
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There is still the potential to intensify the ecological behavior and activities in young
people life. Representatives of Generation Y segregate garbage and buy organic
products in the same way as previous generations. Along with the time awareness
of how important it is to care for the environment should disseminate. So far,
however, according to research, there are discrepancies in reasoning of young
people about the ecology and social responsibility. For instance, what they value in
potential employers is how much they care about work conditions and employees
developmnet but in case of purchasing production based on fair conditions is not so
important for them. While shopping, they are driven by their own taste or
convenience, rather than the good of the environment or society. This is confirmed
by the fact that companies that particularly care about the environment do not
deliver spectacular results like producers who are more focused on the quality of
products.
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CRUSH model
coolness, realness, uniqueness, self-identification with
brand and happiness
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Model guidelines
Joachim Van den Bergh is the Co-Founder of InSites Consulting agency with clients such
as Lego, Sony, MTV, Danone, Unilever and Coca-Cola. Mattias Behrer is the Senior Vice
President, General Manager of MTV North Europe & MTV International Property Marketing. In
their book How Cool Brands Stay Hot they present many interesting studies in order to explain
how to encourage Generation Y to a brand. One of the most interesting, presented in the book,
is the analysis of more than 5 000 representatives of Gen Y. In this study, the research team
asked volunteers aged 14-29 years, coming from several countries, to write short stories
about selected brands. Participants did not have any restrictions while creating their stories. The
study have identified five key features of excellent Gen Y brand. They are the following:
coolness, realness, uniqueness, self-identification with brand and happiness. To better
remember all the five CRUSH acronym was developed, which became a useful marketing tool for
those who intend to hit Gen Y with their offer.
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Model guidelines
POLA PACZKOWSKA
Coolness
According to How Cool Brands Stay Hot book authors being cool is related to
setting trends, impeccable reputation and high position in the market, own style,
the ability to achieve success, creativity, sense of humor, modernity and sincerity.
For Gen Y cool brand must be characterized by originality at 22%, popularity at
23% and up to 55% of attractiveness. The opinion of young people is shaped by
friends (61%), tv programs (32%), magazines (29%), advertising in general
(26%) and music events (23%). Representatives of Gen Y use word cool to
define videos, music or advertising. If it comes to people, friends are considered
the coolest (23%), then musicians (20%) and movie stars (11%). People fighting
for freedom, politicians and athletes were ignored in the response to this question.
Parents are the least cool but they still remain their role models.
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Realness
Nowadays, marketers are eager to create a feeling of nostalgia when aiming at
generation Y. In many cases they decide to emphasize the moment of brand
creation. Adding this type of information in labels has a significant impact
because it makes it look more original. Authentic brand attract consumers and
play a significant role in WOM. Corresponding to the originality and using
nostalgic feelings is smart because it reduces consumers guilt when making a
purchase. Nowadays, the boundary between truth and false is very thin, which
undoubtedly influence young people shopping criteria. Honesty and reliability are
the most important for them are. Longing for the past is also related to the
fact that Gen Y prefers simplicity.
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Uniqueness
Uniqueness is undoubtedly one of the most important features to be taken into account by the
typical representant of Gen Y. There are three basic steps, introduced by Rosser Reeves in
1940s which can help marketers to uncover the brand USP:
Each ad must be expressed with a certain benefit to the consumer purchasing. It must be a
reason thanks to which the consumer will understand he is not only buying but gaining
something more
The proposal must be unique which means that the buyer will not be able to find it among
the competition. It has to be something in products properties itself or in promise of the brand
The offer must affect a person so hard that it will be able to move millions and constantly
encourage new consumers
While defining the uniqueness young people do not base it on facts but on their subjective
opinions. Therefore, the product can be considered unique even if it is far from the truth.
POLA PACZKOWSKA
We can also distinguish between introvert and extrovert attitude. Introverts like to spend their free time at home, alone or with a small
group of best friends. Rather not do the sport and not hang out. They have no need to live the real adventures as they may get satisfied
in the virtual world playing computer games or reading books. Their awkwardness is often ridiculed. They are not popular at school.
In contrast to introverts, extroverts love to spend time outdoors. Play sports, go to concerts, meet with friends and travel a lot. They are
popular at school and considered as those who set trends. Those of the upper left quadrant are very fond of adventure and willing to do
extreme sports. Those in right upper quadrant prefer to spend time at the beach and party in popular resorts.
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Happiness
For teenagers there is probably nothing better than a music stimulus. For them it is
an escape from everyday life and their music taste let them stand out from the
crowd. The use of appropriate music in television advertising or in the product itself
immediately arouses emotions in the recipient. Accordingly, selected type of music in
point of sale can also help in the clients product identification. In stores with cheap
products and where purchases usually occur spontaneously, the music should be fast
and bouncy, so that the customer does not ponder long over the decision but quickly
approach the checkout. Slow and relaxing music should resound in stores with
exclusive products, where purchase needs a second thought as requires a large
financial contribution.
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Happiness
Smell definitely affects our well-being and stimulate the imagination. When pleasant it
can evoke memories, such as childhood, which strongly affect the representatives of
Gen Y as that they are very emotional.
Not only the music and the scent evoke emotions among customers - the color plays
a great role in generation Y brand strategy as well. Why the most popular brands in
the world such as H&M, Coca-Cola, Vodafone, Virgin or Mars use red in their logos?
It is not an accidental strategy since color red has large wavelength range, which
induce to act and stimulates. Marketers can go a step further and use an image that
expresses more than one color or text.
Product design itself is as essential as the rest of mentioned aspects since distinctive
design and interesting packaging can be seen on the shelves at first glance.
POLA PACZKOWSKA
Conclusions and
recommendations
POLA PACZKOWSKA
POLA PACZKOWSKA
Thank you!
pola.paczkowska@unilever.com
POLA PACZKOWSKA