Here are a few examples of the ways millennial business owners are capturing the attention of today’s young adults: 1. Building cult brands. Apple is an example of a brand that has managed to do this. If you are trying to get the attention of Gen Z, stop focusing your efforts on television and magazine ads. Because influencers are not necessarily Hollywood celebrities with millions of followers and dollars, Gen Z feels they can relate with these real people and aspire to be them. Devices continue to evolve into faster machines and the minds of Gen Zers are moving just as fast. Millennial business owners are creating new products and adapting old ones to make them faster and more attractive to younger audiences. It's not just about how you are marketing to the younger generation, it is about creating a product and brand that they can love and grow with. They know the appeal of the digital age to Gen Z, and they know how to quickly adapt their efforts to reach this growing generation. In order to reach a younger generation, you need to think like one.
Opinions expressed by Entrepreneur contributors are their own.
Although millennials are continually classified as being between the ages of 18-34, the reality is, they are likely older than that. Millennials are more accurately those between the ages of 26-42, making them the largest percentage of working age adults. In the United States, 2010/16 statistics counted the number of millennials as being well over 70 million people, preparing to surpass the total number of the baby boomers.
If the majority of working adults can be classified as millennials — and they are often described as being able to think outside of the box — how are they marketing their businesses to the next generation? Those born after 1995, known as Gen Z, have grown up completely surrounded by technology, making traditional marketing efforts relatively useless. In order to capture the attention of the next generation, you have to be creative.
Here are a few examples of the ways millennial business owners are capturing the attention of today’s young adults:
1. Building cult brands.
One similarity between millennials and Gen Z is that they believe in brand loyalty. If a company is able to push beyond brand loyalty into cult brand territory, there’s no stopping them.
Apple is an example of a brand that has managed to do this. They have gained the ability to create a “need” for what’s coming next. The Apple Watch, for example, is very popular with Gen Z, and has not once been truly marketed as a timepiece. It is obvious that you can check time on your phone, so Apple had to find a way to appeal to trendy and tech savvy individuals by creating a convenient smart watch.
Creating cult loyalty to a brand means your customers will care more about your brand than they do about most other things. To get there, you must build a…
COMMENTS