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Streelike is Standout - Forbes Magazine - 3 Things You Need To Know Today To Better Serve Your Millennial Customers Tomorrow - Forbes
1. http://blogs.forbes.com/paularmstrongtech/?p=323
TECH 4/14/2016 @ 8:17AM 2,778 views
3 Things You Need To Know Today To
Better Serve Your Millennial
Customers Tomorrow
It was a hungry crowd at Day 1 of Millennial
2020 (FD: Forbes were a sponsor) who came to
hear a diverse bunch of speakers including
Unilever, WeChat, Pepsi, Maker Studios,
Starwood Hotels, and Under Armour along with
a host of startups (although interestingly no
major platforms). One thing I noticed straight
away was a certain fervor that wasn’t at these
sorts of events a year ago – the need and mood
has certainly changed from the twenty or so
delegates I spoke to.
This change in mood isn’t surprising. There is
+$600 billion up for grabs every year in the US
alone as Millennials (or 1830yearolds) fast
become the biggest demographic on the planet.
Marketers still don’t understand how to connect
with these people as they flounder around with
the emerging technologies and emotions that
(some believe) define this generation. Yet,
whenever I hear the word ‘Millennial’ I always
think back to this video by Adam Conover about
why the marketing stereotypes around
Millennials should always be challenged.
While the usefulness of the talks ranged wildly,
three insights I was not expecting emerged:
1) Millennial meal rituals take a massive
backseat during the week
Per Charlotte Burgess, Director of Growth at C
Space: “The way millennial young professionals
are eating during the weekday is diametrically
opposed to their habits during the weekend –
because their life goals are different. During the
week, food fits around work and health goals,
and so the focus is not around the meal itself. On
the weekend, this totally changes and the meal is
the center point of a much bigger social
Paul Armstrong Contributor
I write about media, emerging technology and social technologies.
Opinions expressed by Forbes Contributors are their own.
3. This article is available online at: http://blogs.forbes.com/paularmstrongtech/?p=323
2016 Forbes.com LLC™ All Rights Reserved
person helping. Based on Facebook’s F8
announcements yesterday this is an area I see
expanding quickly. Other honorable mentions
included: Iconeme (shoppable window displays),
Wonderluk (personalized 3D printed jewelry),
FACE by Holition (virtual reality makeup trials),
Boomf (personalised food) and Hoxton Analytics
(footfall and customer demographics analysed
from people’s shoes).
Another hat tip goes to Unilever for sponsoring
an impressive startup collection that featured
several candidates that will be vying for your
budgets. Standout candidates included:
StreetLike (Building instore reward
experiences), Burst Insights (shortform video
intelligence), Inkpact (personalized handwritten
communication at scale) and CaptiveMedia
(demonstrated a unique advertising mechanic via
a game at urinals) amongst others.
EDIT: Edited quote from Charlotte Burgess to
clarify point.
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