Look at these two in the picture above. They've got a scarf, a pug, fancy coffee mugs, and they're sitting on a plush wooden bench leaning on hip wood. What is even happening, and how can you reach them with your message.
Great question. Watch the video and read below as we explore what the 'millennial marketing' hot button phrase is, and where you can get started with your marketing.
It's important, like in many things in life, to not get caught up in the minutia. "Millennial Marketing" is a trendy phrase right now. Overused, and often misunderstood, it's a hotly sought after 'service'. Like ten years ago, when people would ask for something without knowing why they needed it: "Someone said we need a video on our website." I'm always happy to help, but lets chat about why we may need something.
Millennial Marketing is often looked at in two ways. The first is that it is a style of marketing. The second is that it is a target for your marketing. When you look at it through the lens of style, you think more about the end product: something edgy, or flippantly funny, or authentically artistic to name a few.
When you look at it through the lens of a target, you think about a certain age group, and the mediums which they often consume content.
The reality is that it is both of these. This is an important distinction, now more than ever. We live with a greater level of differentiation in medium, which didn't exist 50, 20, even 10 years ago.
For the marketers of yore, you could market on TV, or in a magazine (or newspaper etc). Likewise, if you weren't on TV then you weren't relevant. The three major networks (ABC, CBS, NBC) were the place to go for over 20 years! Then in the 70s we started getting cable tv with more channels and national premium offerings like HBO. Now you've got thousands of channels across a huge variety of platforms. Not to mention the streaming services that don't have 'channels' like Netflix and Amazon.
Media aside, there is the whole social aspect of things. Before 2006 there were no social networks as we know them. Now there are hundreds, many with very small niche followings.
This means we have to think critically about:
This is actually how we approach marketing to any group, but millennials are unique in the quantity of mediums they consume and what they respond best to. Millennial marketing is a new way of thoughtful creative that spreads across a diverse array of mediums.
When we first think about millennials, it's easy to think about the negative:
And on and on. I'm sure you could easily think of several more. What we do, however, is to speak to the positive side of that coin.
Now that we're looking at the positive side of the coin, we can start to understand how this target identifies itself. Taking a step further we can start to extrapolate unique characteristics of this group:
Once you can start really identifying your audience, then you can better craft your message. This group is a great group to target, if it's right for your brand. They've got more disposable income, and more time to enjoy it than other generations. They are, however, going to demand you create some great content in order for them to notice.
Millennial Marketing is not scarier than trying to market to any other group. It's just different, and it's new. Now Generation Z marketing... well, we'll talk about that in a different post.