Questions With A 23-Year-Old: Bryan Spencer

Want to know what's on Millennials' minds? We chat with them in our frequent feature "Questions With a Millennial" to provide you with answers and insight. In today's edition, we spoke with Bryan Spencer, a 23-year-old currently living in China.

Questions With a MillennialWhat are 5 things you couldn't live without?
1. iPhone
2. Kindle Fire
3. Credit Card
4. Amazon.com
5. Running shoes (Asics)

How do you typically watch TV? On a set or streaming? Alone or with family or friends? 

I usually stream TV — generally alone, but if a show is popular (“Walking Dead,” “Homeland,” “Game of Thrones,” “Office” … I could go on for a while!) I will watch it with friends on a TV set.

What's your preferred social network and why?

I like Facebook because I can chat with my friends back home. I generally use “WeChat,” an iPhone app that connects to the Chinese social network QQ … it’s cheaper than texting and all my friends here in China use it

About how often do you check your cellphone?

It would probably be easier to say how often I’m not looking at it! I generally just check for messages/emails and don’t surf the Internet on it very often or play games.Bryan 

What's the last thing you watched on YouTube?

The Vice Presidential Debate

How do you typically consume news, if at all?

I consume news online unless I’m taking the train or flying, and in that case, I’ll grab a paper. In terms of websites, I read The Atlantic, Economist, WSJ, CNN, and BBC. I also like news aggregators such as Reddit, and of course I watch “The Daily Show.”

What brand do you think really understands your generation and why?

I may be cheating because this is such an easy answer, but...Apple. People pay a premium for the brand because of Apple’s marketing and influence.
 

 
 

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The Newsfeed

Quote of the Day: “There are better things to spend my money on [than luxury products], so unless we are talking about luxury experiences, I'm not spending money on them right now.”

—Female, 30, CA

As we predicted, there’s still hope for in-store shopping. According to a Forrester retail expert and analyst, U.S. retail revenue is expected to reach $3.4 trillion this year, and only 9% is expected to be online. Because consumers still value the ability to “touch and feel products,” retailers with “solid go-to-market strategies,” like Sephora with their digital solutions and Ulta with their unique shopping experience, stand to benefit the most. He reports that only those retailers “struggling to connect with consumers” are closing stores. (MediaPost

Will Instagram take Snapchat’s place as a marketing star of 2017? The platform, which boasts 150 million daily users, is now letting brands incorporate full screen ads to the Snapchat-inspired Stories feature, and companies like Capital One, ASOS, Nike, Buick, and Airbnb are already on board. According to the VP of Instagram Business, brands will be able to target specific audiences through the feature, and one-third of the app’s top stories have been from businesses. (Adweek

LGBT self-identification is rising in the U.S., with Millennials leading the way. According to a Gallup survey, 4.1% of U.S. adults, or about 10 million people, now identify as LGBT—an increase from 3.5% in 2012. Millennials account for almost 60% of that number, most likely because they are “first generation in the U.S. to grow up in an environment where social acceptance of the LGBT community markedly increased.” Our Genreless Generation trend, revealed that Millennials and teens are more comfortable with blending and bending categories, and celebrating new combinations than ever before. (NYMag)

The Binge Effect has inspired Disney to try out the Netflix model. For the premiere of Beyond on Millennial-focused network Freeform, all 10 episodes were released online with fewer ads than shown on TV—a first for the channel. The series, about a young man who discovers he has superpowers after awakening from a 12-year coma, drew in 14.2 million viewers in its first week, with almost half watching online. (Bloomberg

Millennials are skipping YouTube ads, but that’s not necessarily a bad thing. An analysis by LaunchLeap revealed that 59% of Millennials are skipping YouTube’s TrueView ads—those that advertisers only pay for if they are watched to completion. On the other hand, 29% are watching ads to completion—better engagement than on Snapchat. And they’re paying attention: a Google and Ipsos study found that attention paid to YouTube ads is 84% higher than advertising on TV. (Business Insider

Quote of the Day: "I binge-watch content to spend time with my spouse.”—Female, 32, OK 

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