Generation Z is an important consumer force . According to research by McKinsey, Generation Z accounts for 40% of global consumers . In 2020, Generation Z in the United States alone will have a spending power of approximately $150 billion.
E-commerce media Charged Retail believes that brands can win the favor of Generation Z in three ways :
Pursuit of personalization
Euclid A report from Deep Analytics shows that Generation Z desires personalized products more than any other group, and 80% of consumers are more likely to make a purchase when brands offer a more personalized shopping experience. According to research from Dive, 75% of Gen Z shoppers say they are more likely to buy a product if they can customize it.
Growing up in the internet world has undoubtedly shaped Generation Z’s attitude towards personalization . They are accustomed to sharing personal information and hope to get a shopping experience tailored to their personal needs .
Prioritize Instagram and Tik Tok
Retailers should focus on their social platforms when targeting Gen Z consumers .
Instagram remains an influential channel, with 33% of Gen Z preferring it, compared to 20% for Twitter and 15% for Facebook, according to a Piper Jaffray survey.
According to marketing platform Traackr, “Emerging brands are expected to achieve the most success through Instagram . Consumers are more likely to purchase newly discovered brands on the app. ”
TikTok’s influence is also on the rise . In 2021 , the video platform partnered with Shopify to begin piloting TikTok in the United States, the United Kingdom, and Canada. Shopping. Considering Tik Tok 60% of the audience are Generation Z, and it will also be an important e-commerce platform .
Abandoning gender categories
Gen Zers have more flexible views on gender than others . Half of Gen Zers believe that categorizing products by gender is outdated, and these values are reflected in their shopping habits.
According to a UNiDAYS study, 79% of Gen Z would have no qualms about buying clothing marketed to the opposite sex , while 23% believe that traditional gender-centric categories used by retailers are not only outdated, but also offensive .
Additionally, 56% do not actively follow fashion trends, but most prefer clothes that make them feel confident, with 87% saying they feel best when they wear "appropriate" clothes. Generation Z retail consumer |
<<: Diversion! FedEx leases its own ships to deal with supply chain issues
>>: Competition from Amazon and Walmart intensifies, leading to a surge in new warehouses
Recently, there has been quite a stir in the cros...
From the initial four major appliances to the inc...
As a benchmark company in the smart home industry...
Xiamen Xinweifa Industrial Co., Ltd. is located i...
The reporter learned that on September 7 , Alibab...
Maine - based outdoor retailer L.L. Bean recorded...
Under the epidemic situation, big-name toys have ...
Sales in half a year exceeded 100 billion yuan, a...
Cocofloss is an online sales website focusing on o...
The Norwegian Financial Supervisory Authority (FS...
Founded in 2018, Storfund helps e-commerce sellers...
<span data-docs-delta="[[20,{"gallery"...
Cross-border Easy is a " cross-border logist...
Today, Amazon announced that it will launch a new...
Jianying aims to provide companies that implement ...