04/19/2022
GENERATIONAL SHIFTS IN MARKETING PREFERENCES
Over the past decade, advertisers have adapted to the boom of technology and the introduction of various new marketing channels and tactics.
Fast forward to 2021, and the generational tides have changed. Baby Boomers are spending less as they retire, Gen X is more financially powerful than ever, Millennials are building careers and families and hold much higher spending power, and Gen Z represents the trendsetters.
AMID THESE SHIFTING DYNAMICS, PURCHASING BEHAVIOR HAS BECOME EVEN MORE DIFFERENTIATED.
From a marketer’s perspective, effectively communicating with shoppers has never been more challenging, given that each generation’s buying habits vary significantly.
3 Critical take ways
1/ Your customers want to hear from you
2/ Email is the No. 1 channel for all generations except Gen Z, which prefers
social media
3/ Personalization is the key to engaging current customers
IMAGE 1 THE GENERATIONAL SHIFTS ON CHANNEL CHOICE
IMAGE 2 HOW TO BOOST YOUR SOCIAL MEDIA FOLLOWING
This report is curated from Dataxle. 2022 publication.