The making of tomorrow’s consumer
Abstract
Presents the findings of Millward Brown’s international study of the relationship of the youth generation with brands, using these findings to give marketers advice on how to connect with young people. Emphasises how much more grown up are today’s tweens (8 to 14 year olds) than previous generations, and the opportunities this gives to marketers. Discovers that tweens not only influence the brands they buy for themselves but also expensive family purchases. Examines how brand loyal they are, finding that brand loyalty increases sharply at the age of ten and peaks at around 30. Outlines the brand pyramid, with the strongest bonding of consumer to brand at the top, and assesses the importance of peer pressure in determining brand loyalty, including the “fish‐streaming” phenomenon (in which younger children wish to use the brands that teens do). Discusses whether brand loyalty is a lifetime relationship, and how some brands like McDonald’s successfully segment their markets to appeal to all ages.
Keywords
Citation
McDougall, J. and Chantrey, D. (2004), "The making of tomorrow’s consumer", Young Consumers, Vol. 5 No. 4, pp. 8-18. https://doi.org/10.1108/17473610410814283
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited