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The myth of a unique youth culture
                                                                                                                                                                        August 2, 2011




The Millennial generation (consumers aged 16-32) is characterized by both its ethnic diversity and its
openness to the influences of other cultures and ethnicities. Because of this, many marketers are under the
impression that Millennials have developed a sort of hybrid culture that represents an amalgamation of
Hispanic, African American, Non-Hispanic White and Asian influences. According to this point of view,
Millennials can be marketed to as a cohort with relatively little attention needing to be paid to their individual
ethnic heritages. This conception of Millennials neglects the fact that they retain high levels of attachment to
their birth cultures, particularly the Hispanics, Asians and African Americans.

Marketers who focus on Millennials’ cultural openness to the exclusion of their cultural attachment run the
risk of under-resonating with these consumers by speaking to only half of their orientation towards ethnicity
and cultural identity.



© The Futures Company 2011 1   ‫׀‬   As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However,
                                   we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011
The myth of a unique youth culture




What the Data Say:                                  What it Means in the Marketplace:                  Monetizing the Insight:

  Millennials are the most ethnically diverse        Even today, many young people who spend           Most ethnic Millennials maintain strong ties
   generation in US history. In fact, the US           their days with others from multiple ethnic        to their cultural heritage, while at the same
   Census estimates that ethnic children will          groups return home each night to a single-         time appreciating and valuing elements and
   compose the majority of children under the          ethnicity household and the enculturation          influences from many different cultures. This
   age of 18 by 2019, four years earlier than          processes focused on that one ethnicity. Thus      makes them a challenging target for
   previously projected.                               their underlying ethnicity cannot simply be        marketing that has distinct cultural elements,
  Millennials are also very culturally open,          ignored by marketers. This is especially so        as there will be times when they will be more
   meaning that they experience the historic           among Hispanics, African Americans and             receptive to targeted ethnic marketing and
   boundaries between ethnic and racial groups         Asians.                                            other times when a more inclusive approach
   as highly porous and easily crossed. This          Young people today, for the most part, have        will work best. Navigating this challenge
   allows them to navigate without self-               not formed their own hybrid culture that           requires that marketers gain an
   consciousness or social constraint within and       represents an amalgamation of multiple             understanding of what types of situations or
   across different cultural groups, thereby           cultural influences. Rather, most Millennials      products are more likely to activate one
   absorbing influences from ethnic groups             are multicultural in the truest sense of the       cultural orientation over another.
   other than their own.                               word, meaning that they have access to, and       A unique opportunity among multicultural
  What is often overlooked by marketers who           can exhibit, more than one distinct cultural       Millennials is positioning your product or
   focus on the cultural openness of this              sensibility.                                       brand around the ability to transition
   generation is that many of them also remain                                                            alongside these consumers from one cultural
   highly attached to their cultural heritage and                                                         context to another. “Servicing the switch” is
   traditions. This attachment is evinced by                                                              an under-exploited marketing opportunity.
   Millennials manifesting attitudinal diversity
   rooted in the sensibilities of their various
   cultural heritages.
                                                            Want Some Help? Contact your MONITOR consulting team representative if you have any
                                                            questions about how your brand or category should be responding to the incredibly diverse
                                                            Millennials generation.
© The Futures Company 2011 2   ‫׀‬
Increasing diversity by generation

                           Non-Hispanic White                                African American                             Hispanic                     Other

 90%
                        87%
 80%
 70%
 60%
                                                                                                                                                              57%
 50%
 40%
 30%
 20%                                                                                                                                                          21%
                           6%                                                                                                                                 14%
 10%                       6%                                                                                                                                 9%
    0%                     1%
                          Matures                               Boomers                                       Xers                              Millennials
                                                                          Source: 2011 Yankelovich MONITOR



© The Futures Company 2011 3   ‫׀‬   As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However,
                                   we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011
Millennials are very culturally open


Most                                                 14%
Culturally Open                                                                          19%
                                                                                                                              25%                                 27%
                                                     17%
                  Cultural                                                               23%
               Openness Scale
                     Stage 5
                                                                                                                              25%
                                                     23%                                                                                                          30%
                     Stage 4

                     Stage 3
                                                                                         21%
                     Stage 2                                                                                                  25%
                                                     25%                                                                                                          21%
                     Stage 1
                                                                                         23%
Least                                                                                                                         17%
Culturally Open                                                                                                                                                   15%
                                                     22%
                                                                                         14%
                                                                                                                               9%                                  7%

                                                 Matures                            Boomers                                   Xers                         Millennials
                                                                                            Source: 2011 Yankelovich MONITOR


© The Futures Company 2011 4   ‫׀‬   As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However,
                                   we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011
However, African American and Hispanic Millennials
remain very attached to their own culture

    African-American                                                                                                                                  Hispanic
        Millennials                                                                                                                                  Millennials

                                               Being part of the African American/Hispanic
               81%                              community is extremely important to me                                                                    80%
                                            I would like to participate in more activities that
               85%                                celebrate my culture and heritage                                                                       76%
                                      I feel closer to people who have the same nationality,
               58%                           ethnic or religious background as my own                                                                     64%
                                          Even though I have friends whose ethnicity/race
               63%                     differs from my own, most of my closet friends are of
                                                       my own ethnicity/race
                                                                                                                                                          66%

               48%                           I would prefer that my children choose African
                                                Americans/Hispanics as their role model                                                                   52%
                                                                       Source: 2011 Multicultural MONITOR
                                                                       Agree/Strongly Agree on a 4-pt. scale


© The Futures Company 2011 5   ‫׀‬   As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However,
                                   we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011
Despite this cultural openness, different attitudes and
values that impact their marketplace decisions remain

    The Futures Company has identified several macro trends that illustrate the key differences between
    ethnic consumers and the general market. Even among Millennials, these distinctions persist.



                                                                           I have a very unique
 Identity Expression                                                             sense of style*                       74%                      64%                      52%
                                                           I trust God or fate to take care
Centrality of Spirituality                                                       of things**                           55%                       52%                     36%
                                                                    Sign of success and
Personal Empowerment                                       accomplishment: Owning your
                                                                          own business
                                                                                                                       48%                       43%                     24%

                                                       I make many personal sacrifices
 Community Sensibility                                      for the good of my family**                                 51%                      50%                     38%
                                                                 Source: 2011 Multicultural MONITOR
                                                                *Agree/Strongly Agree on a 4-pt. scale
                                   **8-10 on a 0-10 scale where 10 is “describes me completely” and 0 is “does not describe me at all”

© The Futures Company 2011 6   ‫׀‬   As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However,
                                   we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011

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The myth of a unique youth culture

  • 1. The myth of a unique youth culture August 2, 2011 The Millennial generation (consumers aged 16-32) is characterized by both its ethnic diversity and its openness to the influences of other cultures and ethnicities. Because of this, many marketers are under the impression that Millennials have developed a sort of hybrid culture that represents an amalgamation of Hispanic, African American, Non-Hispanic White and Asian influences. According to this point of view, Millennials can be marketed to as a cohort with relatively little attention needing to be paid to their individual ethnic heritages. This conception of Millennials neglects the fact that they retain high levels of attachment to their birth cultures, particularly the Hispanics, Asians and African Americans. Marketers who focus on Millennials’ cultural openness to the exclusion of their cultural attachment run the risk of under-resonating with these consumers by speaking to only half of their orientation towards ethnicity and cultural identity. © The Futures Company 2011 1 ‫׀‬ As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However, we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011
  • 2. The myth of a unique youth culture What the Data Say: What it Means in the Marketplace: Monetizing the Insight:   Millennials are the most ethnically diverse   Even today, many young people who spend   Most ethnic Millennials maintain strong ties generation in US history. In fact, the US their days with others from multiple ethnic to their cultural heritage, while at the same Census estimates that ethnic children will groups return home each night to a single- time appreciating and valuing elements and compose the majority of children under the ethnicity household and the enculturation influences from many different cultures. This age of 18 by 2019, four years earlier than processes focused on that one ethnicity. Thus makes them a challenging target for previously projected. their underlying ethnicity cannot simply be marketing that has distinct cultural elements,   Millennials are also very culturally open, ignored by marketers. This is especially so as there will be times when they will be more meaning that they experience the historic among Hispanics, African Americans and receptive to targeted ethnic marketing and boundaries between ethnic and racial groups Asians. other times when a more inclusive approach as highly porous and easily crossed. This   Young people today, for the most part, have will work best. Navigating this challenge allows them to navigate without self- not formed their own hybrid culture that requires that marketers gain an consciousness or social constraint within and represents an amalgamation of multiple understanding of what types of situations or across different cultural groups, thereby cultural influences. Rather, most Millennials products are more likely to activate one absorbing influences from ethnic groups are multicultural in the truest sense of the cultural orientation over another. other than their own. word, meaning that they have access to, and   A unique opportunity among multicultural   What is often overlooked by marketers who can exhibit, more than one distinct cultural Millennials is positioning your product or focus on the cultural openness of this sensibility. brand around the ability to transition generation is that many of them also remain alongside these consumers from one cultural highly attached to their cultural heritage and context to another. “Servicing the switch” is traditions. This attachment is evinced by an under-exploited marketing opportunity. Millennials manifesting attitudinal diversity rooted in the sensibilities of their various cultural heritages. Want Some Help? Contact your MONITOR consulting team representative if you have any questions about how your brand or category should be responding to the incredibly diverse Millennials generation. © The Futures Company 2011 2 ‫׀‬
  • 3. Increasing diversity by generation Non-Hispanic White African American Hispanic Other 90% 87% 80% 70% 60% 57% 50% 40% 30% 20% 21% 6% 14% 10% 6% 9% 0% 1% Matures Boomers Xers Millennials Source: 2011 Yankelovich MONITOR © The Futures Company 2011 3 ‫׀‬ As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However, we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011
  • 4. Millennials are very culturally open Most 14% Culturally Open 19% 25% 27% 17% Cultural 23% Openness Scale Stage 5 25% 23% 30% Stage 4 Stage 3 21% Stage 2 25% 25% 21% Stage 1 23% Least 17% Culturally Open 15% 22% 14% 9% 7% Matures Boomers Xers Millennials Source: 2011 Yankelovich MONITOR © The Futures Company 2011 4 ‫׀‬ As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However, we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011
  • 5. However, African American and Hispanic Millennials remain very attached to their own culture African-American Hispanic Millennials Millennials Being part of the African American/Hispanic 81% community is extremely important to me 80% I would like to participate in more activities that 85% celebrate my culture and heritage 76% I feel closer to people who have the same nationality, 58% ethnic or religious background as my own 64% Even though I have friends whose ethnicity/race 63% differs from my own, most of my closet friends are of my own ethnicity/race 66% 48% I would prefer that my children choose African Americans/Hispanics as their role model 52% Source: 2011 Multicultural MONITOR Agree/Strongly Agree on a 4-pt. scale © The Futures Company 2011 5 ‫׀‬ As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However, we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011
  • 6. Despite this cultural openness, different attitudes and values that impact their marketplace decisions remain The Futures Company has identified several macro trends that illustrate the key differences between ethnic consumers and the general market. Even among Millennials, these distinctions persist. I have a very unique Identity Expression sense of style* 74% 64% 52% I trust God or fate to take care Centrality of Spirituality of things** 55% 52% 36% Sign of success and Personal Empowerment accomplishment: Owning your own business 48% 43% 24% I make many personal sacrifices Community Sensibility for the good of my family** 51% 50% 38% Source: 2011 Multicultural MONITOR *Agree/Strongly Agree on a 4-pt. scale **8-10 on a 0-10 scale where 10 is “describes me completely” and 0 is “does not describe me at all” © The Futures Company 2011 6 ‫׀‬ As a MONITOR Minute subscriber, you have our permission to repurpose the intellectual property contained in this slide within your organization. However, we request that you properly cite all information used with the following: ©2011 The Futures Company, Yankelovich MONITOR Minute, August 02, 2011