Tag Archives: planning

Millennials, Generation Z Greatly Differ

8 Dec

Who Are Millennials and Gen Z?

As this post discusses, Millennials, Generation Z differ greatly.

Millennials represent the largest U.S. population group. And that makes them attractive for business. According to Pew Research: “They have topped Baby Boomers. Now, Millennials, ages 18-34 in 2015, number 75+ million.” Marketers appeal to millennials through brands (led by Apple). And firms know multicultural millennials are important.

In contrast, Generation Z is younger. As Wikipedia reports: “Generation Z refers to those born after Millennials. There is no exact range of birth dates. And some sources start Gen Z at the mid or late 1990s. Or from the mid 2000s to today.”

 

Millennials, Generation Z Greatly Differ: So Should Marketing

Yes, the age gap may be narrow. Yet, Millennials and Gen Z differ in attitudes and behavior.

Thus, consider eight differences identified by Ryan Jenkins, writing for Inc.:

  1. “Realistic vs Optimistic. 77% of Gen Z expect to work harder than prior generations. Yet, Millennials became optimistic. They grew up during prosperity and opportunity.”
  2. Independent vs. Collaborative. 71% of Gen Z believe if you want it done right, do it yourself.’ In contrast, Millennials would opt for more collaboration.”
  3. Digital Natives vs Digital Pioneers. 40% of Gen Z say working Wi-Fi is more important to them than working bathrooms. Millennials were pioneers in the digital age.”
  4. Private vs Public. 70% of Gen Z would rather share personal data with their pet than their boss. As digital pioneers, Millennials used social media to express thoughts, opinions, and life events.”
  5. Face-to-Face vs Digital-Only. 74% of Gen Z prefer to communicate face-to-face. Millennials pioneered many digital communication tools that are less personable.
  6. On-Demand Learning vs Formally Educated. 77% of Gen Z say there are other ways to get a good education than going to college. And Millennials question if their large student debt was worth it.”
  7. Role-Hopping vs Job-Hopping. 75% of Gen Z would like multiple roles within one place of employment. Millennials have little patience for stagnation, especially with their careers.”
  8. Global Citizen vs Global Spectator. 58% of adults worldwide ages 35+ agree. ‘Kids today have more in common with global peers than with adults at home.’ Millennials were the first global generation. They shared similar traits and values across borders. And they viewed global events in real-time. However, Gen Z interacts with global peers more than any other generation.”

Click the image to read more from Jenkins.

Millennials, Generation Z differ greatly.

 

Millennials, Generation Z Greatly Differ: Further Resources

Because of the interest in these generations, here are more resources:

Millennials

Generation Z

 

Let’s finish this topic with an infographic from Silver Door Apartments.

Millennials, Generation Z Greatly Differ. An infographic.

 

Insightful Self-Branding Advice

28 Nov

Insightful Self-Branding Advice. We value this topic as one of our favorites. And make it one of YOURS! Great self-brands lead to great careers. 🙂

How would YOU address these comments: I regularly ask my undergraduate and graduate students: Why should an employer want to hire YOU? What distinctive skills do YOU offer?

Past posts include:

 

From HubSpot: Insightful Self-Branding Advice

Carly Stec, a senior content strategist at , offers excellent self-branding advice. Definitely worth an in-depth look!

“When you look for a job, expect to be Googled. When you try to land a speaking engagement, expect to be Googled. Send a guest contributor pitch to a blog you admire. And expect to be Googled. Why? Anyone who may work with you wants to know about you. That person wants an idea of your work and your personality. Then, he or she may respond to you.”

“As a result, your personal brand comes in. It refers to how you present or market yourself, your skills, and your work. Want to get past that initial Google search? You need a personal brand that reflects your capabilities. We assembled an A to Z guide. From consistency to networking, we walk you through the elements that define an impressive personal brand. So, you feel good about those Google search results.

The A to Z Guide begins with Authenticity. And it concludes with Zealous. Click the icon. Then, read the in-depth series of tips.

Insightful Self-Branding Advice. A to Z Guide from HubSpot:

 

Click the image for free bio tips and templates to get noticed. Note: Free sign-in required. Worth the effort!


 

Great Business Leadership Tips

15 Nov

Are you cut out to be a leader? Can you develop the skills needed to be a leader? It’s not easy. Let’s focus on great business leadership tips.

 

Background: Great Business Leadership Tips

In February 2017, we presented two posts on leadership:

 

Great Business Leadership Tips

There is much to learn from these two infographics. But, there is also much more to learn!

As Michael Simmons writes for CNBC: “Being among the best gets more and more demanding with each passing year. Each generation of champions develops a body of best practices. The next generation must learn them and then build upon them, leaving those who come after them with even more to learn to get up to speed. And the cycle continues.”

The first video below gives advice for great leadership: “According to former Google career coach Jenny Blake, the best bosses don’t need to be feared or loved. They just need to listen. .”

 

The second video relates to hiring the best talent: “Entrepreneur and host of CNBC’s “The Profit,” Marcus Lemonis shares his trick to finding new talent.”

 

To read more from Simmons about leadership, click the image.

Great Business Leadership Tips. CNBC story.

Photo by Getty Images

 

U.S. Consumers Start 2017 Holiday Shopping

20 Oct

It may be hard to believe. But many U.S. consumers have begun holiday shopping. And we are in October!! Let’s look at when some U.S. consumers start 2017 holiday shopping.

Here are some related shopping posts from past holiday periods.   Shopping List: Part 1.   Shopping List: Part 2.   Do Retailers Offer What We Want During Holiday Shopping?   Are YOU a Gift Splurger?

 

U.S. Consumers Start Holiday Shopping Earlier

Each year, U.S. consumers begin their holiday earlier and earlier. The main reasons? Pre-holiday discounts encourage shopping. Traditional Black Friday shopping is not as popular. Consumers can spread out their spending. And there are other reasons!!

Here are more insights from Peter Roesler, writing for Inc.:

“Tradition says the holiday shopping season starts after Thanksgiving. With Black Friday and Cyber Monday. This may be true for most U.S. consumers. Yet, more people now start shopping earlier. As much as people complain about seeing Christmas items on shelves too soon, data suggest there many shoppers do look for gifts before the ‘official start’ of the holiday season.”

According to a RetailMeNot study, nearly half (45 percent) of U.S. consumers say they will start shopping before November 1. In fact, many have already started. A quarter (25 percent) of  respondents said they planned to start before October. And 12 percent started holiday shopping this summer!!!!

“In the RetailMeNot survey, nearly three of five (59 percent) women said they planned to begin  holiday shopping before Black Friday/Cyber Monday weekend. This compares with less than half (48 percent) of men. Deals are important because consumers need to make the most of limited budgets. When asked how they would financially prepare, 47 percent of shoppers surveyed said they would like to save money in advance. 15 percent said they would work overtime ahead of the holidays. It’s easy to see why consumers would value anything that saves them money on gifts.”

Click the image to read more.

U.S. Consumers Start Holiday Shopping. Nearly Half of U.S. Consumers Have Already Started Holiday Shopping RetailMeNot survey reveals shopping trends for 2017 that can help business owners boost holiday sales.

CREDIT: Getty Images

 

Top Shopper Priorities for Holiday Season 2017

Due to improvements in the economy, early forecasts point to a good 2017 holiday shopping season. Nonetheless, retailers still must be prepared for these question. What are shopper priorities?

Consider these comments by Stephanie Pandolph, for Business Intelligence. Also, look at the chart below.

In a survey of 8,000 consumers by Trustpilot, 62% of respondents listed price as the most important consideration for holiday shopping. Other top factors include customer service, shipping, and product availability. Retailers will need to have plenty of promotions to fully reap the benefits of this high-volume time. Price-conscious consumers are apt to wade through a large pool of seasonal deals.”

A survey by CPC Strategy sheds some light on how consumers factor in price when deciding where to shop this season. Nearly half said total price at checkout, including shipping, will be the most important factor when choosing retailer this holiday season. Customers also plan to price check while shopping in-store, with 32% saying they will research on Amazon and 23% turning to Google.”


 

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