Generation Z is often referred to as the first generation of truly digital natives. While Millennials have spent most of their adult lives immersed in technology, we have memories of the world before broadband internet and smartphones. Generation Z knows of no other world than what we see right now.
So how do we classify it all? According to Tech Target, we can describe it as the following:
Generation Z is the demographic cohort following Generation Y, also known as the Millennials or the Millennial Generation; other names suggested for the cohort include iGeneration (iGen), Gen Tech, Gen Wii, Net Gen, Digital Natives and Plurals.
The dates are given for Generation Z range from the mid-1990s through the second decade of this century, although precise years vary according to the source. At over two billion individuals, Generation Z is the most populous generational cohort of all time.
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According to Fast Company, Gen Z is expected to account for 40% of all customers by 2020. This should translate to the spending power of US$44 billion and if we take into account their influence on their parents’ spending then it increases to US$600 billion.
Therefore the spending power and influence of the Generation Z segment will have a bigger impact on the Asian and global markets. They are today’s teenagers but will become tomorrow’s trendsetters.
The question that still remains for many brands is to how do you effectively engage with the young generation.
To understand them and how brands can communicate with the Generation Z community, it is important to understand where they place value. Lowering attention spans (8 seconds) and a need for authenticity and trust, have created challenges for brands that now have to rethink their strategies and match up to the most digitally savvy generation of consumers.
What has been found to be the most effective is to follow these five simple principles:
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Public relations may not be the first thing that pops into your mind when it comes to engaging a group of teenagers. It is highly unlikely they take the time to read the broadsheets or watch the 9 o’clock news.
However, like evolving consumer behaviour, the media and PR have started to change along with it. Gone are the days where the newspapers were the only and best source of news, or watching the evening news report was family bonding time. The news has gone digital and PR is changing to stay ahead of the trend.
Here’s why PR might be the best way to reach Generation Z:
So will this change your brand’s image and perception among Generation Zers overnight? Probably not, but it would be a good start to the change that many brands need to make. So, this might be the time to review your internal PR strategy or take the first steps to get your company some publicity.
If you’re curious to learn more about public relations or want to speak to a SYNC consultant about starting your brand’s PR journey, contact us at hello@syncpr.co
This article originally appeared on Marketing In Asia under the title “Why PR might be the best way to capture Generation Z”.
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