Gen Tech, the iGeneration, Gen Wii. Whatever you know them as, the history books will officially brand them as Generation Z. Presently the youngest generation (aside from Gen Alpha who are still learning to read) and the successors to Millennials, Gen Z is made up of anyone born between 1995 and 2015.
The consulting firm BridgeWorks estimates that Gen Z accounts for 61 million people in the U.S., a number that’s already larger than Generation X and two-thirds the size of the baby boomers!
So, as the spending power of Gen Z grows, what do you need to know in order to effectively reach them as marketers?
The average age of a Gen Z’er is around 13.5. An impressionable age that makes you old enough to spend money, but young enough that you’re still living under your parent’s roof.
To understand the generation as a whole, look at these stats from the researchers at Concordia University:
In 2018, 65% of marketers shifted more spending toward social media, video production, and text marketing in order to target Gen Z.
Unlike the older generations, Generation Z is connected to fewer social media platforms overall. Currently, the top three apps include: YouTube, Instagram, and Snapchat.
Gen Z is also more likely than any other generation to interact with brands through social media. One study found that Gen Z ranks social media as the number one way they prefer to communicate with companies.
In addition, 33% of survey respondents indicated they made a purchase after seeing something on social media in the past month.
💡Social Media Tips Directly From a Gen Z’er
For Gen Z, online videos are a key brand discovery platform, behind social media and websites.
For this reason, it’s essential that brands produce high-quality video to feature across their website and social media pages.
Cisco estimates that video will account for 82% of internet traffic globally by 2022, up from 75% in 2017.
💡Video Marketing Tips Directly From a Gen Z’er
25% of Gen Z had their own smartphone before the age of 10. Texting is one of the easiest and most familiar ways to connect with this generation. With a 99% open rate and an average response time of 90 seconds, SMS is one of the fastest digital communication channels in the game.
Texting is the ultimate way to reach Gen Z exactly where they are. And because bulk SMS is a subscription-based service, this skeptical generation gets the degree of control they prefer.
When your Gen Z consumers communicate with you via text message, you integrate yourself well into their network of close friends and family. And for a generation known for their brand loyalty, this a sweet spot for any organization.
Due to the nature of our business, you may think we’re being biased. But the data has been here for years backing us up:
Not unlike our evaluation of millennial marketing trends, Gen Z is full of surprises. Their large numbers and tech-savviness opens up a world of opportunity to marketers when it comes to showcasing their brand.
A heavy emphasis on strong visuals, clear morals and intentions, and storytelling are staples for this generation.
And of course, ensuring your content, texts or not, is optimized for mobile is a must.
As long as your businesses aims for authentic presentations and, you’re quite alright by Gen Z standards.
And, as the kids are saying these days, that’s the tea ☕️.