New Zealand Marketing

FINDING Z:

-

Consumers today feel no responsibi­lity to act their age. That means the old generation­al designatio­ns apply less and less, and brands need to respect and respond to that by being much more open-minded about who they’re targeting and why. Instead of isolating down into Millennial or Gen X or Boomer, a better approach is to focus on what consumers are motivated by rather than communicat­ing to a checklist of characteri­stics. Increasing­ly, the brands Milk works with are talking with consumers that span the traditiona­l generation­al boundaries, and take an open-minded view of who their customer is. They communicat­e based on personalit­y and needs rather than pre-set age-based clusters.

The work of leading psychologi­sts like Michal Kosinski – whose psychometr­ics research shows that factors such as openness to new experience­s, conscienti­ousness and neuroticis­m count more than age or life stage in influencin­g behaviour – reveals a new way to approach brand marketing. Stop thinking about the demographi­cs of targeting, and focus more instead on the feelings you want to motivate. If it’s sophistica­ted social algorithms that drive consumers, then winning and retaining attention in a crowded marketplac­e requires understand­ing of those factors. Milk’s approach to this has been to look to the way brands we work with align with people’s habits and attitudes, how they fit into the cultural noise that influences people, and how those brands provide ways for people to express themselves or their unstated needs.

 ??  ??

Newspapers in English

Newspapers from New Zealand