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Crowds with Cash
Alternative Financing is a Mixed Moneybag
of Opportunity for Small Business
Hello!
Welcome to Manta’s Small Business Expert Series
Thanks for joining us today.
We’ll get started right at 2 p.m. EDT
#mantaexperts
Marketing to Millennials
It’s a Whole New Mindset
#mantaexperts
CEO
WelcomeJohn Swanciger
Open the resource list to see John’s blog post on millennial influence
Q&A
Resource listTechnical?
How Millennials are
Destroying the Tuxedo Business
- CBS News, June 16, 2015
Black Tux Raises $2.6M So You Can Rent That
Suit and Tie
- TechCrunch, Feb. 25, 2015
The Story
Open the resource list for links to these stories
The Story
Only 15% of
small business
owners market
directly to
millennials, but
alter their
message,
advertising
mediums and
tactics, and
add more
personal
engagement.
Open the resource list to link to Manta’s research
We’ll Talk
AboutMarketing to Millennials: It’s a Whole New Mindset
Meet the expert: Brendan Shaughnessy
Poll
Millennials are changing the way we do business
Who are millennials? (and why you should care)
Poll
The millennial mindset
Myths vs truths (with stories, examples and strategies)
What you want to talk about: Q&A with Brendan
Meet Our
Expert
Brendan Shaughnessy
Brand Manager at Futurecast
Brendan brings both usefulness and coolness to the
table and loves helping companies find ways to
speak truthfully and authentically to millennials.
Click on the speaker widget to learn more about Brendan
Unlearn + Reimagine + Innovate + Evolve
10
PEOPLE STARTED TALKING ABOUT US
SO WE STARTED
TALKING BACK
Open the resource list to link to FutureCast books & research
FutureCast 2014 All Rights Reserved
WHO ARE THESE
MILLENNIALS AND WHY
SHOULD ANYBODY CARE?
FutureCast 2014 All Rights Reserved
- THE ENTITLED GENERATION
- GENERATION ME
- THE SELFIE GENERATION
- THE BASEMENT DWELLING
GENERATION
- THE RECESSION GENERATION
$1.3 TRILLION OF DIRECT SPENDING POWER
80+ MILLION STRONG
25% OF US POPULATION
21% OF CONSUMER DISCRETIONARY
PURCHASES
MILLENNIALS BY THE NUMBERS
6 MILLION WITH HH INCOME ABOVE 100K
11.6 MILLION MILLENNIAL
HOUSEHOLDS WITH CHILDREN
MILLENNIALS AS NEW PARENTS
25% MILLENNIALS ARE PARENTS
1/3 US ADULTS WITH HH INCOME
$500K ARE MILLENNIALS
AFFLUENT MILLENNIALS
WHAT MAKES
MILLENNIALS UNIQUE?
DisloyalAnti-family
Expect
Handouts
Extending
Adolescence
Socially
Dependent
Lazy
WHAT MAKES
MILLENNIALS UNIQUE?
Agile
Decision Makers
Future
Focused
Achievement
Driven
Rejecting Traditional
Life Stages
Native Digital
Aficionados
Intuitively
Collaborative
Millennial Milestones
Source: Family Room LLC FutureCast 2014 All Rights Reserved
go to school get a job start a familyget married buy a house
get a jobgo to school
get marriedstart a family
buy a house
Certainly,
uncertain
Predictably,
unpredictable
HIP-ENNIAL
29%
CLEAN AND GREEN
MILLENNIAL
10%
MILLENNIAL “MOM”
22%
10%
OLD SCHOOL MILLENNIAL
13%
GADGET GURU
16%
ANTI-MILLENNIAL
ONE SIZE FITS ALL
Open the resource list to link to more
facts about millennials from FutureCast
MASLOW
HIERARCHY OF
NEEDS
Copyright© 2014 by FutureCast. All rights reserved.
Self-Actualization
Pursue Inner Talent, Creativity,
Fulfillment
Self-Esteem
Achievement, Mastery, Recognition,
Respect
Belonging - Love
Friends, Family, Spouse, Lover
Safety
Security, Stability, Freedom from Fear
Physiological Needs
Food, Water, Shelter, Warmth
…FOR
MILLENNIALS
Copyright© 2014 by FutureCast. All rights reserved.
Self-Actualization
Pursue Inner Talent, Creativity,
Fulfillment
Self-Esteem
Achievement, Mastery, Recognition,
Respect
Belonging - Love
Friends, Family, Spouse, Lover
Safety
Security, Stability, Freedom from Fear
Physiological Needs
Food, Water, Shelter, Warmth
22
MILLENNIAL MINDSET™
On the resource list:
How Millennial Are You? Take the quiz
Also read: Millennial Mindset for Business
MILLENNIAL MINDSET
MYTHS VS. TRUTHS
MILLENNIAL MYTH #1
MILLENNIALS ARE
IMPULSIVE AND BRASH
FutureCast 2014 All Rights Reserved
MILLENNIAL MINDSET LOVE TRUTH #1
WE’RE SAVVY, INTENTIONAL AND
PURPOSEFUL CONSUMERS
FutureCast 2014 All Rights Reserved
RAISED IN A PARADOX
OF CHOICE
Copyright© 2014 by FutureCast. All rights reserved.
MARKING THE END OF THE
PASSIVE CONSUMER
Copyright© 2014 by FutureCast. All rights reserved.
FutureCast 2014 All Rights Reserved
As economy improves, only 2% of millennial
parents will stop buying private label brands
Millennial Parents
Embracing Trade Up &
Trade Down Mentality in
the Home
Copyright© 2014 by FutureCast. All rights reserved.
LOCAL HAS BECOME A
POINT OF DIFFERENTIATION
MILLENNIAL MYTH #2
MILLENNIALS ARE
NOT BRAND LOYAL
FutureCast 2014 All Rights Reserved
MILLENNIAL MINDSET LOVE TRUTH #2
WE DON’T BELIEVE IN BRANDS,
BUT WE DO BELIEVE IN IDEAS
FutureCast 2014 All Rights Reserved
Copyright© 2014 by FutureCast. All rights reserved.
WHY
WHAT
HOW
“The goal is not to do
business with everybody
who needs what you have.
The goal is to do business
with people who believe
what you believe.”
- Simon Sinek, Start With Why
Link to Simon Sinek’s ‘Start With Why’
TED talk from the resource list
I’M GOING
TO CHANGE
THE WORLD.
ARE YOU
GOING TO
HELP?
Small Business Saturday 2015 is November 28
Click on the resource list to learn more
MILLENNIAL MYTH #3
MILLENNIALS LOVE
BRANDS THAT ARE ON
SOCIAL MEDIA
FutureCast 2014 All Rights Reserved
MILLENNIAL MINDSET LOVE TRUTH #3
WE WANT YOU TO
EMBRACE PARTICIPATION
AND PARTNERSHIPS
FutureCast 2014 All Rights Reserved
TRADITIONAL BRAND EQUATION
FUNCTIONAL + EMOTIONAL
PRICE
BRAND VALUE = ∑
FutureCast 2014 All Rights Reserved
PARTICIPATIVE BENEFITS
BRAND VALUE = ∑
™
FutureCast 2014 All Rights Reserved
NEW BRAND EQUATION:
THE PARTICIPATION ECONOMY
TOTAL COST
FUNCTIONAL +
EMOTIONAL &
LOYALTY
CONTENT
RELATIONSHIPS
Copyright© 2014 by FutureCast. All rights reserved.
MILLENNIAL MYTH #4
MILLENNIALS DON’T CARE
ABOUT PRIVACY
FutureCast 2014 All Rights Reserved
MILLENNIAL MINDSET LOVE TRUTH #4
WE SEE AUTHENTICITY THROUGH
RADICAL TRANSPARENCY
FutureCast 2014 All Rights Reserved
FutureCast 2014 All Rights Reserved
UNCOMFORTABLY
OPEN & HONEST
FROM STORYTELLING TO
STORYTELLING STORYLIVING™STORYTELLING
STORYLIVING
DOES ANYONE RECOGNIZE THIS GUY?
DO THESE PEOPLE LOOK A BIT MORE FAMILIAR?
MILLENNIAL MYTH #6
MILLENNIALS ARE SELFISH AND
ONLY CARE ABOUT THEMSELVES
FutureCast 2014 All Rights Reserved
MILLENNIAL MINDSET LOVE TRUTH #6
YOUR STORY MAY BE
INTERESTING, BUT IF IT DOESN’T
ADD TO MINE,
IT WILL NEVER BE “OURS”
FutureCast 2014 All Rights Reserved
Copyright© 2013 by Barkley. All rights reserved.
PHYSICALWORLD
DIGITALWORLD
AT THE INTERSECTION OF THE PHYSICAL & DIGITAL WORLD
WE FIND TRUE MILLENNIAL ENGAGEMENT
TOPGOLF INTEGRATED A SPORTING EXPERIENCE
WITH A DIGITAL TWIST
MILLENNIAL MINDSET LOVE TRUTH #7
MILLENNIALS ARE
EARLY ADOPTERS
FutureCast 2014 All Rights Reserved
MILLENNIAL MINDSET LOVE TRUTH #7
ALWAYS BE INNOVATING,
BECAUSE WE ARE
FutureCast 2014 All Rights Reserved
1984
FIRST MACINTOSH
2007
FIRST IPHONE
The Innovation Generation
FutureCast 2014 All Rights Reserved
DISRUPTIVE
INNOVATION
SUSTAINING
INNOVATION
5 QUESTIONS TO ASK YOURSELF
1
2
3
4
5
WHAT IS YOUR WHY?
WHAT ARE YOUR BIG, UNMET CUSTOMER NEEDS?
HOW CAN YOU EMBRACE DISRUPTION TO
BUILD A BETTER WORLD?
HOW CAN YOU CREATE UNIQUENESS?
HOW CAN YOU INVITE YOUR CUSTOMERS TO
PARTICIPATE AND HELP CO-CREATE?
Ask the Expert
Connect with other business owners in the Manta Community
Open the resource list to get more information about our upcoming and on-demand webinars
Brendan Shaughnessy
Brand Manager at Futurecast
Open the speaker widget to connect with Brendon
via email, social media or the FutureCast website

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