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	<title>Ypulse &#187; peter pan syndrome</title>
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	<link>http://www.ypulse.com</link>
	<description>Daily news and insight into the Millennial generation for media and marketing professionals</description>
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		<title>An Extended Youth</title>
		<link>http://www.ypulse.com/an-extended-youth</link>
		<comments>http://www.ypulse.com/an-extended-youth#comments</comments>
		<pubDate>Wed, 29 Oct 2008 18:28:46 +0000</pubDate>
		<dc:creator>casey</dc:creator>
				<category><![CDATA[Youth Marketing]]></category>
		<category><![CDATA[peter pan syndrome]]></category>
		<category><![CDATA[Viacom]]></category>

		<guid isPermaLink="false">http://www.ypulse.com/?p=5995</guid>
		<description><![CDATA[<p><a href="http://www.ypulse.com/wordpress/wp-content/uploads/2008/10/growinguptodo1.jpg"></a>The youth market has always been defined as tweens, teens, and sometimes college students, but Viacom&#8217;s recent &#8220;Golden Age of Youth&#8221; study reveals that marketers should begin including the 25-34 age group as part of their youth target. Call it &#8230;</p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.ypulse.com/wordpress/wp-content/uploads/2008/10/growinguptodo1.jpg"><img src="http://www.ypulse.com/wordpress/wp-content/uploads/2008/10/growinguptodo1.jpg" alt="Viacom study" width="200" height="147" style="float: left; margin: 0 20px 20px 0; border: 0;" class="alignnone size-full wp-image-6003" /></a>The youth market has always been defined as tweens, teens, and sometimes college students, but Viacom&#8217;s recent &#8220;Golden Age of Youth&#8221; study reveals that marketers should begin including the 25-34 age group as part of their youth target. Call it the Peter Pan syndrome if you will, but the survey found that contemporary twentysomethings prolong their youth and delay  &#8220;the onset of adult responsibilities and stay emotionally and physically younger for longer.&#8221;</p>
<p>Because the traditional duties that come with adulthood, like mortgages, children, marriage, and developing a strong sense of self-identity now happen later in life, 52% of 25-34 year-olds said they still have &#8220;a lot of growing up to do.&#8221; </p>
<p>According to an article from <a href="http://www.marketingvox.com/youth-no-longer-defined-by-age-consumers-stay-younger-longer-041658/?camp=rssfeed&amp;src=mv&amp;type=textlink">MarketingVox</a>:</p>
<blockquote><p>&#8220;Even in these financially challenging times, people are trying to stay younger for longer,&#8221; said Kevin Razvi, EVP and managing director of VBSI. &#8220;25-to-34 year-olds are continuing to consume music, gaming and the internet and are enjoying the pursuits of their younger years while benefiting from a greater level of personal and financial freedom.&#8221;</p></blockquote>
<p>The study identified three key stages of youth that all have similar lifestyle choices and spending interests:  &#8220;discovery&#8221; is defined as 16-19 years old, &#8220;experimentation&#8221; is 20-24 years old, and &#8220;golden&#8221; is 25-34 years old. A lot of ground was covered, but here are some interesting &#8211; and in some cases, amusing &#8211; highlights:</p>
<p>- 20 is the ideal age to lose your virginity</p>
<p>- 26 is the ideal age for love</p>
<p>- 27 is the ideal age to be a parent</p>
<p>- 71% of 25-34 year olds agree they feel comfortable with who they are</p>
<p>- 25-34 year olds who are married are significantly more likely to be happy (66%) vs. singles (30%)</p>
<p>- In general, 78% are optimistic about their future</p>
<p>Why do you think the &#8220;youth market&#8221; has expanded? Boomeranging millennials moving back home? Youth culture as pop culture? What&#8217;s behind this alleged case of arrested development? </p>
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