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The Millennials telling a very different story about their generation INTRODUCING THE GEN-NARRATORS
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Gen-narrators in the UK

Mar 20, 2017

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Page 1: Gen-narrators in the UK

The Millennials telling a very different story about their generation

INTRODUCING THE GEN-NARRATORS

Page 2: Gen-narrators in the UK

MILLENNIALS IN 2015

“Millennials will be the largest generation in the workforce in 2015 This is the year Millennials claim their place in the global economy”

Fast Company

December 2014

2

Page 3: Gen-narrators in the UK

MILLENNIALS MAKE UP ALMOST A QUARTER OF THE TOTAL UK POPULATION

Gen Z 21%

Millennials 22%

Gen X 22%

Baby Boomers 23%

Silent Generation

12%

Total UK population (2013)

SOURCE:

Source: Office for National Statistics, Population Estimates for UK, England and Wales, Scotland and Northern Ireland, Mid-2013

3

Page 4: Gen-narrators in the UK

MILLENNIALS PURCHASING POWER IS EXPECTED TO GROW EXPONENTIALLY

Source: Kit, Yarrow and O’Donnell, Jayne. Gen BuY: How Tweens, Teens, and Twenty-Somethings Are Revolutionizing Retail. 2009

4

By 2017 Millennials will have the

Of any generation

MOST SPENDING POWER

Page 5: Gen-narrators in the UK

MILLENNIALS RELY ON RECOMMENDATIONS FOR THEIR PURCHASE DECISIONS

Source: Talking to Strangers: Millennials Trust People over Brands, Bazaarvoice, 2012. Image: Clarissa Rossarola, Flickr Creative Commons

5

84% Millennials say

Is the primary purchase influencer

WORD OF MOUTH

Page 6: Gen-narrators in the UK

BUT LET’S TALK ABOUT THE PROBLEM WITH MILLENNIALS

Page 7: Gen-narrators in the UK

MILLENNIALS ARE LAZY

Page 8: Gen-narrators in the UK

MILLENNIALS ARE NARCISSISTIC

Page 9: Gen-narrators in the UK

MILLENNIALS ARE ENTITLED

Page 10: Gen-narrators in the UK

MILLENNIALS ARE APATHETIC

Page 11: Gen-narrators in the UK

BUT THE REAL PROBLEM WITH MILLENNIALS?

Page 12: Gen-narrators in the UK

WE CAN’T GENERALISE A WHOLE GENERATION (1980 – 2000)

Page 13: Gen-narrators in the UK

WE RAN SOME INITIAL RESEARCH INTO THE MEDIA HABITS OF MILLENNIALS 13

Page 14: Gen-narrators in the UK

WE FOUND INTERESTING PATTERNS WHEN WE SEGMENTED BY PSYCHOGRAPHIC (NOT DEMOGRAPHIC) 14

Page 15: Gen-narrators in the UK

METHODOLOGY

We started off with a large-scale quantitative research study. We surveyed 22,540 UK internet users to find out how

This produced some very interesting findings to show us what our sub segment of Millennials do differently to other Millennials – or other generations. But it didn’t tell us why.

In order to find out why, we recruited a select panel of 32 influential Millennials to let us into their lives and uncover the reasons behind their behaviour and media consumption.

15

Page 16: Gen-narrators in the UK

A SPECIFIC BRAND OF INFLUENTIAL MILLENNIALS STOOD OUT & FOUND US

Our sub-segment of Millennials are defined by: •  Their topics of interest (technology,

politics, business, finance, environment) •  Their ability to influence (they must

regularly be asked for their opinion on above topics) •  Their ability to share (they must be

vocal online about above topics)

16

Page 17: Gen-narrators in the UK

WE CALL THESE INFLUENTIAL MILLENNIALS THE GEN-NARRATORS 17

They tell a very

About their generation

DIFFERENT STORY

Page 18: Gen-narrators in the UK

GEN-NARRATORS HOLD A SPECIFIC TYPE OF INFLUENCE – THEY ARE AUTHORITIES

Source: GlobalWebIndex, UK data, audience profiling, Q1, Q2, Q3 2014

18

1%

19%

80%

AMPLIFIERS

GEN-NARRATORS FOLLOWERS

Page 19: Gen-narrators in the UK

GEN-NARRATORS ARE NOT LAZY 19

Page 20: Gen-narrators in the UK

GEN-NARRATORS ARE NOT NARCISSISTIC 20

Page 21: Gen-narrators in the UK

GEN-NARRATORS ARE NOT ENTITLED 21

Page 22: Gen-narrators in the UK

GEN-NARRATORS ARE NOT APATHETIC 22

Page 23: Gen-narrators in the UK

NOT ONLY DO THEY CONSUME MORE NEWS MEDIA ONLINE

Source: GlobalWebIndex, UK data, time spent reading online print/press, Q1, Q2, Q3 2014

23

77% 66% 55% 44% 0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Gen-narrators Millennials Generation X Baby Boomers

Perc

en

tag

e u

se o

f on

line

ne

ws

Page 24: Gen-narrators in the UK

30% OF GEN-NARRATORS SPEND OVER AN HOUR A DAY READING ONLINE NEWS MEDIA

Source: GlobalWebIndex, UK data, time spent reading online print/press, Q1, Q2, Q3 2014

24

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Baby Boomers

Generation X

Millennials

Gen-narrators

Do not use Less than 1 hour 1-3 hours 3-6 hours More than 6 hours

Page 25: Gen-narrators in the UK

THEY EVEN CONSUME MORE PHYSICAL (PRINT) MEDIA

Source: GlobalWebIndex, UK data, time spent reading physical press, Q1, Q2, Q3 2014

25

77% 67% 61% 60% 0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Gen-narrators Millennials Generation X Baby Boomers

Perc

en

tag

e u

se o

f on

line

ne

ws

Page 26: Gen-narrators in the UK

WE FOUND A DIRECT CORRELATION BETWEEN ONLINE MEDIA CONSUMPTION AND BRAND ENGAGEMENT

30

40

50

60

70

80

90

100

30 40 50 60 70 80 90 100

Perc

en

tag

e w

ho

reg

ula

rly e

ng

ag

e w

ith

bra

nd

s o

nlin

e

Percentage who regularly consume online print/press

Source: GlobalWebIndex, UK data, time spent reading online print/press & brand activation, Q1– Q3 2014

26

Gen-narrators

Millennials

Gen X

Boomers

Page 27: Gen-narrators in the UK

GEN-NARRATORS ARE MUCH MORE LIKELY TO LEAVE REVIEWS

Source: GlobalWebIndex, UK data, Brand activation, Interactions in past month, Left feedback/review on brand website, Q1, Q2, Q3 2014

27

19% 9% 10% 11% 0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%

Gen-narrators Millennials Generation X Baby Boomers

Perc

en

tag

e u

se o

f on

line

ne

ws

Page 28: Gen-narrators in the UK

GEN-NARRATORS REGULARLY TALK TO THEIR FRIENDS ABOUT NEW BRANDS AND PRODUCTS

Source: GlobalWebIndex, UK data, self perceptions – agree that ‘I regularly inform friends and family on new products/services’, Q1, Q2, Q3 2014

28

64% 54% 46% 32% 0%

10%

20%

30%

40%

50%

60%

70%

Gen-narrators Millennials Generation X Baby Boomers

Perc

en

tag

e u

se o

f on

line

ne

ws

Page 29: Gen-narrators in the UK

WE IDENTIFIED 7 STANDOUT TRAITS OF GEN-NARRATORS 29

Page 30: Gen-narrators in the UK

1. GEN-NARRATORS ARE FACT FINDERS

Page 31: Gen-narrators in the UK

GEN-NARRATORS TRUST TRADITIONAL MEDIA OVER ‘NEWER’ SOURCES

Source: Good Rebels Crowd research panel, UK, Activity 1: Which of these online publications do you trust the most?, January 2015

90% of ‘most trusted’ online sources were traditional

Page 32: Gen-narrators in the UK

WHO DO YOU TRUST TO GIVE YOU THE FACTS?

Source: Good Rebels Crowd research panel, UK, January 2015

32

“I consider traditional media like BBC and

Guardian good sources because of the established

roots and strong brand”

“I think more professional outlets have greater reputations for fact

checking”

Page 33: Gen-narrators in the UK

CASE STUDY: CHARLIE HEBDO ATTACKS

Source: Good Rebels Crowd research panel, UK, Forum discussion, January 2015

33

“I saw a few videos pop up on

Facebook, however I did

turn to the TV for more info”

Page 34: Gen-narrators in the UK

2. GEN-NARRATORS ARE CULTURAL DJS

Page 35: Gen-narrators in the UK

GEN-NARRATORS REALLY VALUE THE INTERNET FOR SHARING CONTENT

Source: GlobalWebIndex, UK data, internet usage motivations, very important to share content, Q1, Q2, Q3 2014

35

36% 23% 15% 6% 0%

5%

10%

15%

20%

25%

30%

35%

40%

Gen-narrators Millennials Generation X Baby Boomers

Perc

en

tag

e w

ho

sa

y th

e in

tern

et

is ‘v

ery

imp

ort

an

t’ fo

r sh

arin

g

co

nte

nt

Page 36: Gen-narrators in the UK

“THE CURATING POT” BY ANNA

Source: Good Rebels Crowd research panel, UK, Activity 5: Draw your role as a storyteller, January 2015

36

Page 37: Gen-narrators in the UK

3. GEN-NARRATORS ARE PLATFORM JUGGLERS

Page 38: Gen-narrators in the UK

2014 SAW A 30% INCREASE IN AGGREGATOR USE AMONGST GEN-NARRATORS

Source: GlobalWebIndex, UK data, internet activities online, have used aggregator in last month, Q1 2014 – Q4 2014

38

0%

5%

10%

15%

20%

25%

30%

35%

40%

Q1 2014 Q2 2014 Q3 2014 Q4 2014

Re

gu

lar a

gg

reg

ato

r usa

ge

Page 39: Gen-narrators in the UK

“ANY DEVICE, ANY APP, ANYWHERE” BY TOBY

Source: Good Rebels Crowd research panel, UK, Activity 5: Draw your role as a storyteller, January 2015

39

Page 40: Gen-narrators in the UK

SOCIAL MEDIA

Discovery Communication Connecting

Facts Truth Depth

TRADITIONAL MEDIA

Page 41: Gen-narrators in the UK

4. GEN-NARRATORS ARE PERSONAL BRAND MANAGERS

Page 42: Gen-narrators in the UK

GEN-NARRATORS ARE MORE LIKELY TO WANT TO STAND OUT IN A CROWD

Source: GlobalWebIndex, UK data, attitudes and lifestyle, self perceptions, Q1– Q3 2014

42

49% 37% 25% 8% 0%

10%

20%

30%

40%

50%

60%

Gen-narrators Millennials Generation X Baby Boomers

Perc

en

tag

e w

ho

like

to

sta

nd

ou

t in

a c

row

d

Page 43: Gen-narrators in the UK

“THE IRON THRONE” BY SAM

Source: Good Rebels Crowd research panel, UK, Activity 5: Draw your role as a storyteller, January 2015

43

Page 44: Gen-narrators in the UK

5. GEN-NARRATORS ARE DELIBERATE DEBATERS

Page 45: Gen-narrators in the UK

GEN-NARRATORS HIGHLY VALUE THE INTERNET FOR CHANGING OTHER PEOPLE’S OPINIONS

Source: GlobalWebIndex, UK data, internet usage motivations – ‘important to change other people’s opinions', Q1, Q2, Q3 2014

45

67% 53% 39% 22% 0%

10%

20%

30%

40%

50%

60%

70%

Gen-narrators Millennials Generation X Baby Boomers

Perc

en

tag

e w

ho

be

lieve

th

e

inte

rne

t is

imp

ort

an

t fo

r ch

an

gin

g

oth

er p

eo

ple

’s o

pin

ion

s

Page 46: Gen-narrators in the UK

WHO DO YOU TRUST TO GIVE YOU THE FACTS?

Source: Good Rebels Crowd research panel, UK, Forums, January 2015

46

“I don't like to get involved with internet trolls as they are

just a waste of time and energy but I have had some of the most stimulating and

intellectual debates with 'strangers' online.”

“I am particularly passionate about the internet, I believe it to be an

immensely powerful tool that can be used to radically change societies on a global level.”

Page 47: Gen-narrators in the UK

6. GEN-NARRATORS ARE AUTHENTIC INFLUENCERS

Page 48: Gen-narrators in the UK

GEN-NARRATORS LOVE TO POST THEIR OPINIONS ABOUT PRODUCTS

Source: GlobalWebIndex, UK data, influence and advocacy – ‘posted opinion online about product or service bought in past month’, Q1, Q2, Q3 2014

48

90% 62% 49% 38% 0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Gen-narrators Millennials Generation X Baby Boomers

Re

gu

larly

po

st o

pin

ion

s a

bo

ut

pro

du

cts

or s

erv

ice

s o

nlin

e

Page 49: Gen-narrators in the UK

HOW DO YOU INFLUENCE?

Source: Good Rebels Crowd research panel, UK, Forums, January 2015

49

“(with my) YouTube channel I’m in a position where I could mislead for

potential self gain but I don't, I like to educate and share knowledge not

abuse my identity.”

Page 50: Gen-narrators in the UK

7. GEN-NARRATORS ARE INTELLIGENT ADVOCATES

Page 51: Gen-narrators in the UK

GEN-NARRATORS ARE MORE LIKELY TO ADVOCATE A BRAND SIMPLY FOR THE LOVE OF IT (FOR FREE)

Source: GlobalWebIndex, UK data, Marketing implications, Brand activation, ‘What would most motivate you to promote your favourite brand online?’, Q1, Q2, Q3 2014

51

43% 33% 27% 22% 0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Gen-narrators Millennials Generation X Baby Boomers

Mo

tiva

tion

s fo

r pro

mo

ting

bra

nd

s o

nlin

e –

‘lo

ve fo

r th

e b

ran

d’

Page 52: Gen-narrators in the UK

EVELYN’S ECO BEAUTY BLOG

Source: Good Rebels Crowd research panel, UK, Activity 5: Draw your role as a storyteller, January 2015

52

Page 53: Gen-narrators in the UK

[PLACEHOLDER FOR GLOBAL OVERVIEW]

What’s unique about UK Gen-narrators? How do they differ globally?

53

Page 54: Gen-narrators in the UK

WHAT DOES THIS ALL MEAN? WHAT CAN YOU DO ABOUT IT?

Page 55: Gen-narrators in the UK

GEN-NARRATORS HOLD A SPECIFIC TYPE OF INFLUENCE – THEY ARE AUTHORITIES

Source: GlobalWebIndex, UK data, audience profiling, Q1, Q2, Q3 2014

55

1%

19%

80%

AMPLIFIERS

GEN-NARRATORS FOLLOWERS

Page 56: Gen-narrators in the UK

THERE ARE DIFFERENT INFLUENCE LEVELS AMONGST MILLENNIALS 56

•  Huge audience •  High popularity •  Viral potential •  Mainstream •  Pay in cash •  e.g. YouTube stars

•  Focused audience

•  Specialists •  Interest networks •  Pay in knowledge •  e.g. tech blogger

•  Well connected •  Consumers •  Share opinions

with close network

•  e.g. everyone else

AMPLIFIERS GEN-NARRATORS FOLLOWERS

Page 57: Gen-narrators in the UK

AMPLIFIERS ARE THE CELEBRITY INFLUENCERS. THEY SHOUT LOUDER.

Source: GlobalWebIndex, UK data, audience profiling, Q1, Q2, Q3 2014

57

1%

19%

80%

AMPLIFIERS

GEN-NARRATORS FOLLOWERS

Page 58: Gen-narrators in the UK

GENERATORS ARE THE AUTHORITIES. THEY CUT DEEPER.

Source: GlobalWebIndex, UK data, audience profiling, Q1, Q2, Q3 2014

58

1%

19%

80%

AMPLIFIERS

GEN-NARRATORS FOLLOWERS

Page 59: Gen-narrators in the UK

AMPLIFIERS

Reach Popularity Virality Short-term Blast

Depth Credibility Authenticity Long-term Knowledge

GEN-NARRATORS

Page 60: Gen-narrators in the UK

HARNESS GEN-NARRATOR’S POWERFUL INFLUENCE BY HELPING THEM TO BUILD THEIR AUTHORITY 60

Meet their

Build their authority

THIRST FOR KNOWLEDGE

Page 61: Gen-narrators in the UK

ALLOW THEM TO DEBATE THEIR PASSIONS IN A SAFE ENVIRONMENT 61

Provide a

For them to debate

SAFE AND FOCUSED SPACE

Page 62: Gen-narrators in the UK

ENCOURAGE ADVOCACY BY ADDING VALUE TO THEIR PERSONAL BRANDS 62

Give them a

That boosts their brand

REASON TO RECOMMEND

Page 63: Gen-narrators in the UK

GEN-NARRATORS ARE KEEN AND EAGER TO GET INVOLVED 63

Above all they want to

To intelligent conversations

ADD VALUE AND CONTRIBUTE

Page 64: Gen-narrators in the UK

THEY CAN BECOME AUTHENTIC AND TRUSTED CONTENT DISTRIBUTERS 64

Because they are

Your messages will spread

TRUSTED CURATORS

Page 65: Gen-narrators in the UK

GEN-NARRATORS HAVE A LOT OF POWER TO HARNESS 65

They are

For the right reasons

ACTIVE AND ENERGETIC