Wednesday, September 11, 2019

Is Your Direct Marketing Ready for Generation Z?

Generation Z is arriving in the marketplace. Gen Z includes young people born in the mid-1990s to early 2000s, who are now graduating and getting their first jobs. They not only make up 25.9% of the U.S. population but will account for 40% of all consumer markets in 2020, with annual purchasing power of $44 billion and growing. But wooing Gen Z will require marketers to amend their playbooks. Oberlo, an e-commerce agency, and IWCO Direct, a direct marketing agency, recently discussed Gen Z marketing challenges in blogs, with similar conclusions. First, Gen Z members have a short attention span; marketers have only about 8 seconds to capture their notice, which is even shorter than the 11 seconds required to grab the attention of the typical Millennial. This means content must be targeted, relevant, to the point and quick to engage. Second, Gen Zers have a higher number of technological devices and are constantly jumping from one device to another. While Millennials bounce between three screens at one time, Generation Z can use up to five screens at the same time. Multi-channel, multi-platform, mobile-optimized campaigns are required. Third, Gen Z young adults have strong opinions and, raised to expect personalization, demand customized experiences. They will be critical of advertising that fails to meet their standards for authenticity and meaningful interaction. For example, Gen Z members want to buy from companies that support their values; 55% of Gen Z chooses brands that are eco-friendly and socially responsible. Yet Gen Z has less brand loyalty than prior generations and is less motivated by traditional loyalty programs, although they can be wooed with interactivity, such as online games or events. And while Gen Zers are definitely social media fans, they use social platforms differently. A study by Response Media found that Gen Z favors Snapchat to showcase real-life moments, gets news from Twitter and gleans some information from Facebook, although they see Facebook as a platform for older people. Market Wired research shows that Instagram is their most popular app for brand discovery, with 45% using it to find new products. YouTube video is another way to reach Gen Z. However, direct mail marketers shouldn't assume only a digital strategy can work with Gen Z. As IWCO Direct points out, Gen Z actually finds print media more trustworthy. An MNI Targeted Media study found that 83% surveyed said they turn to printed newspapers for trusted news instead of the Internet. Gen Z does not trust information on the Internet unless it comes from a website ending in .org or .edu. In fact, since Gen Z is online so often and using multiple devices, the biggest challenge is making a lasting impression, which is where trusted print material, such as direct mail, which can be physically touched and revisited, offers an edge as part of an omnichannel campaign. For more insights, see https://www.acculist.com/is-your-direct-marketing-ready-for-gen-z/

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