Millennials are more optimistic about our economic future

  Millennials are less concerned about the global economy today than they were in 2012 based on our latest CultureQ research results And as their worries about the economy have decreased, their concerns about the environment have steadily increased. UK Millennials are nearly as concerned about world events as they are the economy. Decreasing concern about the global economy is coupled with an increase in optimism about national economies In both the US and UK, Millennials are more optimistic than Gen Xers or Baby Boomers about their country’s economic prospects for 2014, with about 4 in ten believing it will improve. As we review our respondents hopes and fears for 2014, we’re hoping to gain more insight as to whether or not Millennials optimism is due to youthful naivety or a more positive outlook on the future...

Are Millennials more trusting?

With so many headlines focusing on privacy concerns, last week we decided to ask CultureQ participants what they thought. And, here’s the overview of what we learned: •Overall, Millennials are either more trusting or just less concerned about privacy issues than Xers and Boomers; •Facebook is of greater concern to Millennials and Boomers than Google; and of equal concern to GenXers; and, •More people are concerned about the news media accessing their data than we...

World Z

Gen Z: 15 years and younger. Born after 1997. 68 million of them. Only 54% are Caucasian. As the oldest of this blooming generation approach the end of high school (or according to some demographer, begin university) marketers are keen to get greater insight into their psyche, to help combat some of the horrifying effects that accompany being a digital native (ie cyber bullying) and understand how to engage with Gen Z as purchasers and primary influencers. Gen Z has never known a world without the Internet. The majority of them have only lived through some kind of downturn and global turmoil (dot.com bust, 9/11, Great Recession, Newtown Shooting, Kenyan Mall Massacre). They’re also the first generation to have truly diverse social circles from relatively early on (a blur of male/female, different socio-economic groups, ethnicities and gender fluid friends). Societal changes since 1997, and the more individualistic orientation of their Gen Xer parents are shaping Gen Zers attitudes to brands. And the relationship they want with them is distinct from even the youngest of Millennials. So based upon our CultureQ research and day-to-day interactions with Gen Zers, we’ve formulated a quick action guide to help you deepen your connection with them: 1.  Involve them in the purchase decision now, rather than think of them as a future purchaser. Traditionally brands have seeded relationships with younger audiences as a way to capture their future purchasing power. This is now shifting. Gen Zers as diligent researchers use technology to identify brands that could benefit them and their family members. More than other generations have in the past, they’re shaping their parents...

Cool observations on hot days

Summer is the perfect time to people watch, catch up on those podcasts you’ve been meaning to review, and indulge in news articles. So, after a summer of reading, researching, reflecting and of course working, we at Onesixtyfourth have a couple of observations we’d like to share with you before the 2014 brand and marketing planning cycle starts. Gen Z has the power As a 23 million strong generation, Gen Z (under 17 year olds) may not be as sizeable as the Millennial cohort, but what they lack in volume they make up for in influence. This is the generation that thinks dial up was something dinosaurs did, advises venture capitalists on product ideas, and self-publicizes like previous generations played neighborhood baseball or football (dependent upon if you grew up in the US or UK). The technological context that’s empowered them at such a young age has its down- as much as up- side. News of school shootings and terrorists attacks are more difficult for parents to hide. Security drills rather than fire drills are commonplace in their schools, and additional airport security checks are just a routine part of travelling. And, yes it affects them, they’re often less optimistic than Millennials (especially those at the older end of the generation), and seek relationships with brands that are consistent and feel familiar. Their role models aren’t of the same ilk either; they’re often more ordinary than aspirational. Interestingly, Gen Zers value them because of this. Rather than represent the person next door, they are the person next door - with more talent perhaps. Real people teach Gen Zers anything...

Gen Y: Then there’s the reality

Lazy, obese, and pampered. A few choice myths bandied around about my generation (Millennials). And, of course, then there’s reality. Our latest round of CultureQ (December 2012) reveals we’re actually a pretty earnest lot. Because we’re so uncertain about our futures we’re intent on staying healthy, completing our education, doing our best and working hard towards getting a job. So based on the insights I’ve gleaned so far from our Millennial panel I thought I’d let you know some of the things that are really going through our minds.  Keep your eyes open because there are more insights to come…. 1. Health and Sickness Generation Y’s overall health is marked by obesity, with figures such as Michelle Obama decrying the health issue as a “national security threat.” However, despite this epidemic — or perhaps because of it — many participants of our CultureQ survey named personal health as an important goal of their lives. Almost 20% of both females and males aged 16-30 cited weight loss, exercise, or simply general fitness as a goal. “My goal is to lead a healthy lifestyle, by not eating fast food or drinking soda at all.” Gen Y, also known as the Millennial generation, has grown up in the information era. With access to comprehensive product information thanks to the Internet, Millennials have the ability to find the best services and items to promote a healthy lifestyle. Millennials’ age and life stage are also likely factors in their willingness to participate in fitness pursuits. Many of them are are high school and college students and therefore have access to team sports, free campus...

Brands: nurturing deeper connections is good business

Insights from our CultureQ study this Fall revealed technology brands are setting expectations for brand leaders across categories. From industries as diverse as confectionery, retail, home cleaning goods, to make-up we’re seeing evidence of this. And speaking as a fluent digital native, or in other words a Millennial, I see opportunities out there for brands to deepen their relationships with people, based upon how my generation thinks about and utilizes technology. So here my thoughts… We all have two identities. No, I’m not talking about some creepy AOL chatroom alias circa 1999; I’m referring to identity that members of my generation casually contrive on technological platforms. We no longer just maintain our “real-life” identities, comprised of personality, race, religion, and gender. We feel we must also maintain a current, faultless digitized image; the tweets we post daily, the Linkedin information we share weekly, and the Facebook defaults we update monthly.  While it’s not written in law, maintaining a presence on these platforms has become a kind of generational mandate, something necessary to remain socially acceptable. Statements like “I deactivated my Facebook months ago,” are usually followed by a gasp of disbelief and the immediate question of “why?” While older generations integrate technology in their lives, many are frustrated by it and some remain highly suspicious of it. They often view it as intrusive; as my Gen Xer cousin says of my unceasing email texts; “it’s enough!” Yet, how we use technology and the technological identities we carve out are much more meaningful than the superficial activities they appear to be.  As we discovered in our CultureQ study, people want...
Page 2 of 712345...Last »