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Reddit’s users lean young, making it a great social network to reach GenZ and younger millennials. As of the third quarter of 2024, 59.8% of users identified as male and 39.1% In 2023, US users’ ethnicities were 21% White, 14% Black, 23% Hispanic and 36% Asian.
This can lead to a lot of waste and unused products, which is a problem for GenZ and other sustainability-minded consumers. I wouldn’t recommend that every law firm and pharmaceutical company start lip-synching to trending sounds (even though some do and make the trend their own). So, what should you do?
GenZ and Millennials trust influencers even more than older generations, and some research suggests they trust them more than doctors. Over 70% of GenZ and Millennial Americans didnt receive an annual physical exam in 2024, and another 52% of all Americans admitted turning to social for health advice.
Paramount and Warner Brothers Discovery saw increased spending among pharmaceutical, insurance, automotive, and banking companies as well. The tournament attracted 112 advertisers, including 45 new brands, expanding into 18 categories such as hotels, airlines, and coffee brands.
“How do I talk to GenZ?” ” An executive at a major pharmaceutical company recently asked this question of Amanda Gutterman, VP of growth at digital media company Dose, which operates Dose.com and OMG Facts. “GenZ isn’t anti-corporate or anti-brand,” she said.
Millennials and GenZ are rapidly entering the B2B buying group. Certain industries, such as telecommunications, financial services, pharmaceuticals, SaaS and media, inherently operate on this model. This last one is a biggie. They expect to do business through digital channels. These buyers don’t want to talk to a salesperson.
billion Over-the-Counter Pharmaceuticals $59.65 Among GenZ and millennials that’s as much as 53% and 47%, respectively ( Morning Consult ) Among US consumers, YouTube is a go-to social media platform to start their search when shopping online. billion Fashion $673.6 billion Food $370.7 billion Beverages $209.3 18-24 16.8%
I’m really curious to see, because you know the research just came out in the last few weeks from Bloomberg that says that next year, in fact, GenZ, GenerationZ, is actually going to outnumber millennials. Because to me, that generation actually should be called Generation L.
Brands in the cosmetics, pharmaceutical, fashion, and food industries respond the most to these searches. Across generations, millennials and GenZ consumers expect brands to look beyond their profits and consider the best interests of society.
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