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What to Expect from the Generation Y Consumer The members of Generation Y, born between  1977 and 1994, are breaking onto the retail and communication scene. Public relations practitioners, advertisers and marketers need to recognize, understand, and adapt to this new generation's behavior online and lifestyle choices based on their dependence on social media tools and online networking.
Getting Your Message to Gen Y
MASSIVE CULTURE CHANGE ,[object Object],[object Object]
Two-Thirds of Marketers  Now Use Social Media ,[object Object]
63 percent of companies planned to  increase their spending on social media  in 2009. The Association of National Advertisers reported this year that 66 percent of marketers have now used social media in some capacity in 2009.Also not surprising, the top platforms being utilized:  Facebook  (74%),  YouTube  (65%),  Twitter  (63%),  LinkedIn  (60%). Combined, this usage represents significant growth from 2007, when the same survey indicated that just 20 percent of marketers were using social media. That said, social media (including blogs) remains the quickest growing marketing segment, and itís expected to  grow to a $3.1 billion industry  by 2014.  Social Media Budgets Rise
Let’s look at who has been successful at marketing to Gen Y
How do these companies speak to this demographic? ,[object Object],[object Object],[object Object],[object Object],The four areas Gen Y considers before purchasing a product or service:
Gen Y is an “experience” culture. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How Do You Earn Respect From Gen Y? BE AUTHENTIC.

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Expectations for Marketing to Generation Y Consumers

  • 1. What to Expect from the Generation Y Consumer The members of Generation Y, born between 1977 and 1994, are breaking onto the retail and communication scene. Public relations practitioners, advertisers and marketers need to recognize, understand, and adapt to this new generation's behavior online and lifestyle choices based on their dependence on social media tools and online networking.
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  • 5. 63 percent of companies planned to increase their spending on social media in 2009. The Association of National Advertisers reported this year that 66 percent of marketers have now used social media in some capacity in 2009.Also not surprising, the top platforms being utilized: Facebook (74%), YouTube (65%), Twitter (63%), LinkedIn (60%). Combined, this usage represents significant growth from 2007, when the same survey indicated that just 20 percent of marketers were using social media. That said, social media (including blogs) remains the quickest growing marketing segment, and itís expected to grow to a $3.1 billion industry by 2014. Social Media Budgets Rise
  • 6. Let’s look at who has been successful at marketing to Gen Y
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  • 9. How Do You Earn Respect From Gen Y? BE AUTHENTIC.