MILLENNIALS AND GEN Z
by Brandnow.asia
Consumer Behavior | November 2021
Millennials
AGES 25 TO 40 IN 2021
Born 1979 to 1995
Why all the Millennial Fuss?
• Largest generation in the world born in the 20th century, after baby boomers
• 1.8 (23% of world population)
• Most influential generation of consumers. Today there are 56 million millennials
in the workforce globally. As of May 2020, millennials made up the largest
percentage of digital purchases in the United States. They are reaching key life
milestones such:
 Getting married
 Buying a home
 Becoming parents
• In 2025 the group will make-up 75% of workforce
• The successful brands of the future will be those that capture the attention of
this group
Characteristics & Traits
• Tech-savvy – They grew up with internet and
technology
• Multitaskers – can work on multiple tasks at ones
• Ambitious (perhaps sometime impatient)
• Entrepreneurial mind set - they believe it is
better to own their own business
• Family oriented – they look up to their family
members and value family
• Sociable generation – communication is easier
with technology improving and they prefer
texting as their communication method
• Like to be loved: enjoy constant feedback,
gratitude
Millennials (Gen Y) in Thailand
• 28% of the Thai population
• Under pressure from older generation
to maintain core values
• Feelings of disconnect from Thailand
centuries of tradition and culture
• Shackled by chronic political problems
and ineffective education
Millennials in Thailand
Tech & Social Media
• According to National Statistics Office (NSO),
Millennials spend an average of 10.5 hours
per day online (US average 3.6 hours/day)
• 81% of Thai Millennial own a smartphone
compared to only 45% globally
• 60% use smartphones to make a purchasing
decision
• 46% of active Internet users claim to have
been influenced by bloggers & vloggers
(video bloggers)
• Thailand has 1.7 Million Millennial IG users
How does this translate?
What Motivates Millennial to buy?
• Company values: Millennial are more willing
to pay extra for sustainable offerings than
past generations (Nielson Global Online
Study)
• 84% of millennial believe that brands should
not stick to just selling their products or
services
• 64% say it’s a priority for them to make the
world a better place
• This could encourage millennial to join a
business or support it
Brand’s with shared values
with Millennial
• Mechai Viravaidya, a safe-sex activist and founder of
Thailand's Population and Community Development
Association (PDA), established the eatery with the
philosophy that birth control should be as accessible and
mundane as cabbages. Cabbages and Condoms initial goal
is to the reason was there was an HIV epidemic in
Thailand and in order to combat the problem, some
restaurant will include condoms in their names. They did
this so people know they can come and receive free
condoms. These type of campaign really help in bring
down he HIV rate in Thailand.
• Dove’s Real Beauty has been one of the biggest ad
campaigns of the decade. The campaign is one of modern
marketing’s most talked about because of its promotion
of positive self-esteem and body image. Dove has been
able to position its products in the mind of the consumers
through the differentiating approach of promoting
positive self-image and self-esteem. When consumers go
to the store to buy toiletries, they will remember the
warm feelings they have associated with the brand.
What Motivates Millennial to buy?
• Videos content: Millennial are 1.5 times
more likely to watch videos while shopping
online, it affects the buying decision
• The message may be even more effective if an
influencer or existing customer is
recommending the product or service
• By sharing video content online, it creates
awareness, credibility and can help with
millennial buying decision
What Motivates Millennial to buy?
• Personalized shopping experience:
Millennial care more about personal
development & new experiences
therefore campaigns involving new
technology may attract millennial and
bring in new customers
• Memories tend to stick with people,
therefore new experiences can help
millennial remember a business
campaign & share the experience with
others
Examples of Millennial Marketing
Experience
• Addressing millennial
shoppers’ desire for fast,
personalized mobile
experiences, Sephora
launched a new service on
its mobile site and
application, Pocket Contour
Class, to provide tailored,
step-by-step instructions
for makeup application.
• More Than a Game Café Bangkok has combined the popular culture in Thailand of café
hopping with entertainment such as board games. Millennials are multitaskers so the café
offers food and board games to attract the millennial generation
Examples of Brand Marketing to Millennial
LEVI’S
• Customization was seen as a luxury feature
• Offering customization, retailers can increase their
value and differentiate from the competition
• Levi’s shops have a dedicated tailor shop that can
customize and repair products, such as adding
patches, studs, embroidery, stenciling and
distressing, so consumers can have a one-of-a-kind
product
• The brand also offers a full repair service which
does anything from fixing rips and holes to color
fading, helping well-worn jeans gain a new lease of
life
Five highlights
“I want it fast & I want it now”
“I trust my friends more than “corporate mouthpieces”
“Give me an experience to remember and share”
“I’m a social creature both online & offline”
“I can make the world a better place”
Ages 6 - 24 Years Old
Born Between 1996 - 2009
Generation Z
• Also known as Zoomers
• Demographic cohort succeeding Millennials and
preceding Generation Alpha
• 2.5 billion people worldwide
• Because of COVID 19 pandemic, Gen Z now
peers into an uncertain future
• More racially and ethnically diverse than any
previous generation
Characteristics & Traits
1. They are digital natives
2. They are pragmatic and financially-
minded
• grew up during a recession
• focused on saving money
3. Many factors contribute to their mental
health challenges
• “Loneliest generation” as their endless hours spent
online can foster feelings of isolation and depression
Characteristics & Traits
4. Individualistic – They prefer to work alone due to
competitive nature and wanting to control their own
destiny and not rely on others for their own success.
5. Multitaskers - Technology allows them to complete several
tasks at once
6. Entrepreneurs - 72 percent of teens in the United States
say they want to start their own business one day. Well,
your target audience is extremely interested in running a
business, so take them behind-the-scenes and show them
how yours works
7. Tech-savvy – easily adapt to new technology and
inventions
8. Less focused – it was proven that multitasking actually
lowers your focus and affects our ability to learn
Gen Z in Thailand
• 28% of Thai population
• Entrepreneurial
• Concerned with financial success
• More open to diverse viewpoints
than their counterparts in Western
countries, says a study by Stamina
Asia, a Bangkok-based research
company
• Thai Generation Z share most of
the features with their
contemporaries in the West
Top Social Issues For Gen Z
Seven issues have commanded the attention of Generation Z:
1) health care
2) mental health
3) higher education
4) economic security
5) civic engagement
6) race equity
7) the environment
What Motivates Gen Z to Buy?
• Informed consumers, often research and
weigh up options before making a buying
decision
• Less attached to specific brands, prefer to
shop around for the best deal
• They place high importance on brand ethics
and corporate responsibility
• Most likely to shop via social media
• Individualized shopping experiences that can
be tailored to their own personal preferences
Brands with shared values as
Gen Z
• LUSH
Brands with shared values as
Gen Z
• Mindful Chef
• Mindful Chef Recipe box
• Can choose your own meal plan
• Precise ingredients for zero food waste
• Easy step-by-step cooking instructions
• Use influencers to promote
What influences Gen Z?
Influencers
• Giving relevant nano and micro-
influencers their own unique referral
codes to share with their followers has
great potential as a promotion
marketing campaign
• Pick your micro-influencers well to help
build a solid Gen Z customer base
• They hold more sway than celebrities
over Gen Z
Challenges of Targeting Gen Z
• Generation Z has a short attention span of
8 seconds
• Generation Z is constantly moving between
platforms and devices
• Generation Z isn’t afraid to share their
opinion
Example of Gen Z Marketing
• Coca-Cola & WWF
• Philippines
• Promotes sustainability
• Fukien tea plants, each
of which can soak up
around 13 pounds of
carbon dioxide per year
Example of Gen Z Marketing
• Becky LaChance
• Macro Influencer
• In the US
• Healthy lifestyle Influencer
• Promotes healthy habits
• Product: NakedJuice
• 100% Fruit and veggie juices
Example of Gen Z Marketing
• Name: Booky Healthyworld
• Macro Influencer
• In Thailand
• Healthy lifestyle Influencer
• Promotes healthy lifestyle, diet and
drink
• Product: Cocomax (coconut water)
Example of Gen Z Marketing
• Jongbae Park
• Lifestyle Influencer in Thailand
• Promotes a medical center
• Product: Thonburi Medical Center
• He shares a positive testimonial
about the doctors visit, so his
following can consider that medical
center
Pacharee Pantoomano
brandnow@brandnow.asia
Youtube: BrandNowAsia | FB: BrandNowAsia
+662 662 5622
Research References:
 https://socialchorus.com/blog/gen-z-in-the-workplace/
 https://gethppy.com/hr-infographics/millennials-vs-generation-z-success-in-the-
workplace
 https://www.telusinternational.com/articles/understanding-gen-y-at-work
 https://www.sibm.edu/assets/pdf/generationY.pdf
 https://talentor.com/blog/generation-y-in-workplace
 https://www.cleverism.com/common-characteristics-of-generation-y-
professionals/
 https://www.scb.co.th/en/personal-banking/stories/geny-more-debts.html
 https://www.aecf.org/blog/what-are-the-core-characteristics-of-generation-z
 https://www.oberlo.com/blog/marketing-strategies-generation-z

Millennials & Gen Z by Brandnow.asia 11 Nov 2021

  • 1.
    MILLENNIALS AND GENZ by Brandnow.asia Consumer Behavior | November 2021
  • 2.
  • 3.
    AGES 25 TO40 IN 2021 Born 1979 to 1995
  • 4.
    Why all theMillennial Fuss? • Largest generation in the world born in the 20th century, after baby boomers • 1.8 (23% of world population) • Most influential generation of consumers. Today there are 56 million millennials in the workforce globally. As of May 2020, millennials made up the largest percentage of digital purchases in the United States. They are reaching key life milestones such:  Getting married  Buying a home  Becoming parents • In 2025 the group will make-up 75% of workforce • The successful brands of the future will be those that capture the attention of this group
  • 5.
    Characteristics & Traits •Tech-savvy – They grew up with internet and technology • Multitaskers – can work on multiple tasks at ones • Ambitious (perhaps sometime impatient) • Entrepreneurial mind set - they believe it is better to own their own business • Family oriented – they look up to their family members and value family • Sociable generation – communication is easier with technology improving and they prefer texting as their communication method • Like to be loved: enjoy constant feedback, gratitude
  • 6.
    Millennials (Gen Y)in Thailand • 28% of the Thai population • Under pressure from older generation to maintain core values • Feelings of disconnect from Thailand centuries of tradition and culture • Shackled by chronic political problems and ineffective education
  • 7.
    Millennials in Thailand Tech& Social Media • According to National Statistics Office (NSO), Millennials spend an average of 10.5 hours per day online (US average 3.6 hours/day) • 81% of Thai Millennial own a smartphone compared to only 45% globally • 60% use smartphones to make a purchasing decision • 46% of active Internet users claim to have been influenced by bloggers & vloggers (video bloggers) • Thailand has 1.7 Million Millennial IG users
  • 8.
    How does thistranslate?
  • 9.
    What Motivates Millennialto buy? • Company values: Millennial are more willing to pay extra for sustainable offerings than past generations (Nielson Global Online Study) • 84% of millennial believe that brands should not stick to just selling their products or services • 64% say it’s a priority for them to make the world a better place • This could encourage millennial to join a business or support it
  • 10.
    Brand’s with sharedvalues with Millennial • Mechai Viravaidya, a safe-sex activist and founder of Thailand's Population and Community Development Association (PDA), established the eatery with the philosophy that birth control should be as accessible and mundane as cabbages. Cabbages and Condoms initial goal is to the reason was there was an HIV epidemic in Thailand and in order to combat the problem, some restaurant will include condoms in their names. They did this so people know they can come and receive free condoms. These type of campaign really help in bring down he HIV rate in Thailand. • Dove’s Real Beauty has been one of the biggest ad campaigns of the decade. The campaign is one of modern marketing’s most talked about because of its promotion of positive self-esteem and body image. Dove has been able to position its products in the mind of the consumers through the differentiating approach of promoting positive self-image and self-esteem. When consumers go to the store to buy toiletries, they will remember the warm feelings they have associated with the brand.
  • 11.
    What Motivates Millennialto buy? • Videos content: Millennial are 1.5 times more likely to watch videos while shopping online, it affects the buying decision • The message may be even more effective if an influencer or existing customer is recommending the product or service • By sharing video content online, it creates awareness, credibility and can help with millennial buying decision
  • 12.
    What Motivates Millennialto buy? • Personalized shopping experience: Millennial care more about personal development & new experiences therefore campaigns involving new technology may attract millennial and bring in new customers • Memories tend to stick with people, therefore new experiences can help millennial remember a business campaign & share the experience with others
  • 13.
    Examples of MillennialMarketing Experience • Addressing millennial shoppers’ desire for fast, personalized mobile experiences, Sephora launched a new service on its mobile site and application, Pocket Contour Class, to provide tailored, step-by-step instructions for makeup application. • More Than a Game Café Bangkok has combined the popular culture in Thailand of café hopping with entertainment such as board games. Millennials are multitaskers so the café offers food and board games to attract the millennial generation
  • 14.
    Examples of BrandMarketing to Millennial LEVI’S • Customization was seen as a luxury feature • Offering customization, retailers can increase their value and differentiate from the competition • Levi’s shops have a dedicated tailor shop that can customize and repair products, such as adding patches, studs, embroidery, stenciling and distressing, so consumers can have a one-of-a-kind product • The brand also offers a full repair service which does anything from fixing rips and holes to color fading, helping well-worn jeans gain a new lease of life
  • 15.
    Five highlights “I wantit fast & I want it now” “I trust my friends more than “corporate mouthpieces” “Give me an experience to remember and share” “I’m a social creature both online & offline” “I can make the world a better place”
  • 17.
    Ages 6 -24 Years Old Born Between 1996 - 2009
  • 18.
    Generation Z • Alsoknown as Zoomers • Demographic cohort succeeding Millennials and preceding Generation Alpha • 2.5 billion people worldwide • Because of COVID 19 pandemic, Gen Z now peers into an uncertain future • More racially and ethnically diverse than any previous generation
  • 19.
    Characteristics & Traits 1.They are digital natives 2. They are pragmatic and financially- minded • grew up during a recession • focused on saving money 3. Many factors contribute to their mental health challenges • “Loneliest generation” as their endless hours spent online can foster feelings of isolation and depression
  • 20.
    Characteristics & Traits 4.Individualistic – They prefer to work alone due to competitive nature and wanting to control their own destiny and not rely on others for their own success. 5. Multitaskers - Technology allows them to complete several tasks at once 6. Entrepreneurs - 72 percent of teens in the United States say they want to start their own business one day. Well, your target audience is extremely interested in running a business, so take them behind-the-scenes and show them how yours works 7. Tech-savvy – easily adapt to new technology and inventions 8. Less focused – it was proven that multitasking actually lowers your focus and affects our ability to learn
  • 21.
    Gen Z inThailand • 28% of Thai population • Entrepreneurial • Concerned with financial success • More open to diverse viewpoints than their counterparts in Western countries, says a study by Stamina Asia, a Bangkok-based research company • Thai Generation Z share most of the features with their contemporaries in the West
  • 22.
    Top Social IssuesFor Gen Z Seven issues have commanded the attention of Generation Z: 1) health care 2) mental health 3) higher education 4) economic security 5) civic engagement 6) race equity 7) the environment
  • 23.
    What Motivates GenZ to Buy? • Informed consumers, often research and weigh up options before making a buying decision • Less attached to specific brands, prefer to shop around for the best deal • They place high importance on brand ethics and corporate responsibility • Most likely to shop via social media • Individualized shopping experiences that can be tailored to their own personal preferences
  • 24.
    Brands with sharedvalues as Gen Z • LUSH
  • 25.
    Brands with sharedvalues as Gen Z • Mindful Chef • Mindful Chef Recipe box • Can choose your own meal plan • Precise ingredients for zero food waste • Easy step-by-step cooking instructions • Use influencers to promote
  • 26.
    What influences GenZ? Influencers • Giving relevant nano and micro- influencers their own unique referral codes to share with their followers has great potential as a promotion marketing campaign • Pick your micro-influencers well to help build a solid Gen Z customer base • They hold more sway than celebrities over Gen Z
  • 27.
    Challenges of TargetingGen Z • Generation Z has a short attention span of 8 seconds • Generation Z is constantly moving between platforms and devices • Generation Z isn’t afraid to share their opinion
  • 28.
    Example of GenZ Marketing • Coca-Cola & WWF • Philippines • Promotes sustainability • Fukien tea plants, each of which can soak up around 13 pounds of carbon dioxide per year
  • 29.
    Example of GenZ Marketing • Becky LaChance • Macro Influencer • In the US • Healthy lifestyle Influencer • Promotes healthy habits • Product: NakedJuice • 100% Fruit and veggie juices
  • 30.
    Example of GenZ Marketing • Name: Booky Healthyworld • Macro Influencer • In Thailand • Healthy lifestyle Influencer • Promotes healthy lifestyle, diet and drink • Product: Cocomax (coconut water)
  • 31.
    Example of GenZ Marketing • Jongbae Park • Lifestyle Influencer in Thailand • Promotes a medical center • Product: Thonburi Medical Center • He shares a positive testimonial about the doctors visit, so his following can consider that medical center
  • 32.
  • 33.
    Research References:  https://socialchorus.com/blog/gen-z-in-the-workplace/ https://gethppy.com/hr-infographics/millennials-vs-generation-z-success-in-the- workplace  https://www.telusinternational.com/articles/understanding-gen-y-at-work  https://www.sibm.edu/assets/pdf/generationY.pdf  https://talentor.com/blog/generation-y-in-workplace  https://www.cleverism.com/common-characteristics-of-generation-y- professionals/  https://www.scb.co.th/en/personal-banking/stories/geny-more-debts.html  https://www.aecf.org/blog/what-are-the-core-characteristics-of-generation-z  https://www.oberlo.com/blog/marketing-strategies-generation-z