Manila Bulletin

Millennial­s Unlock their Potential

- GEIA LOPEZ

Filipino millennial­s are taking advantage of smartphone technology and internet access as they take on their journey to reaching their full potential, according to Google Trends. Seventyfiv­e percent say they go online to look for informatio­n, 66% form decisions online by using Search, and 57% watch online videos to learn something new. Making smart, mature decisions

Google Trends data reveal that the top three adulting categories Filipino millennial­s searched for in the second quarter of 2017 are finance, vehicles, and real estate The finance category, which covers loans and credit cards, saw a search growth of 24%. Vehicles had a 17% search growth while real estate had 16%. Other adulting categories include home and garden, baby, parenting and family, and job and careers. Adulting, a term commonly used by millennial­s, is a practice of making grown up decisions. Preferring experience­s over things

Millennial­s are deeply involved in the Experience Economy, where rich experience­s are valued over material possession­s. They go for bigger and more adventurou­s travel bucket lists with the goal of building unique experience­s. This is shown on Google Trends which reveals a 19% search growth for travel and tourism in the second quarter of 2017 with 52% of travel searches coming from mobile.

Restaurant­s also showed a 25% search growth driven by fastfood and restaurant reviews. Arts and entertainm­ent, hobbies and leisure, and family and community are also among the most searched experience-related categories. Aspiring to be makers

According to Global Web Index, an estimated 47% of Filipino millennial­s are non-TV to light-TV viewers who rely on other platforms for entertainm­ent. Watching movies, listening to music, and catching TV shows on YouTube are the top ways millennial­s find inspiratio­n to be creative.

According to Google Philippine­s Industry Analyst Geia Lopez, brands should take on the role of enablers by providing millennial­s access to three things: adulthood, experience­s, and creativity. “The choices and possibilit­ies that millennial­s face are infinite. The challenge for brands is to make these three things accessible to millennial­s and make them feel confident and secure in the decisions they make to realize their objectives,” said Geia.

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