Five Things You Don’t Know About Millennials and Teens

It’s free content week! We're counting down our five most popular articles of 2015 so far, and giving all our readers access to them. Here is the 3rd most clicked, originally published April 27th, 2015—we hope you enjoy!

Every month, we survey 1000 13-32-year-olds to learn about young consumers' attitudes and behaviors, and today we're using recent data to highlight five things that you probably don’t know about Millennials and teens, from their mobile behavior to their spending habits. Not everything you’ve read about them is true…

1. THEY’RE MORE TRADITIONAL THAN YOU THINK. 

Hookup culture and all those “newfangled” dating apps get a lot of attention, but in reality Millennials and teens are more traditional than you might think. 50% of 13-32-year-olds have been on a formal date, 25% are in a committed relationship, and 17% are married. The majority of those in a relationship met their significant other in an old-fashioned way: 32% met at school, 22% through mutual friends/family, 9% met at work. But how real is that infamous hookup culture? Only 23% of those over 18-years-old have had a one night stand. And while it’s true that sexting is a thing—34% have sexted, and 15% have “naughty Snapchatted”—the majority want stability in their romance, with 75% saying they want to be in a long-term committed relationship.

2. THEY ARE EATING FAST FOOD.

Millennials have been accused of “killing” many a fast food brand, with 2014 filled with reports of their dining preferences dictating the future of fast food. It is true that young consumers have slowed their restaurant visits, and fast food restaurants have seen a 5% decrease in traffic amongst low income Millennials and a 16% decline from higher-income Millennials over the last seven years. Many chains are realizing that the generation is more interested in brands that invest in ingredients than those that spend on marketing. But the reality is that they ARE still spending on fast-food. According to Ypulse’s most recent spending tracker, on an average day, 33% of 13-32-year-olds spend money on fast food/take out, 23% spend on groceries, and 16% spend on dining out. Their definition of fast food might be in flux, but if brands can give them the products they want, they will spend.

3. THEY’RE INSTAGRAMMING MORE THAN THEY’RE TWEETING. 

That’s right, in Ypulse’s most recent social media tracker, Instagram overtook Twitter, with 52% of 13-32-year-olds saying they use the image-sharing network, compared to 48% who say they use Twitter. When we ask which social networks they actively post content or comment on a daily basis, 33% said Instagram while only 22% said Twitter. This daily use only intensified for teens: 39% of 13-17-year-olds are Instagramming daily, versus 21% who are tweeting. It’s a trend we’ve been watching, and calling out, for some time. Image-based platforms have seen a rapid rise in popularity thanks in part to Millennials’ visual communication tendencies, and marketers will continue to shift their strategies to visual platforms to reach young consumers. 

4. THEIR ONLINE SHOPPING IS RIVALING THEIR IRL SHOPPING.

It’s no secret that young consumers are more open than previous generations to online and mobile shopping, but now their digital spending is rivaling their IRL shopping time. Our March survey revealed that while mass merchandisers top the ranking of the places Millennials and teens have shopped in the last month, online-only stores are a very, very close second with 67% of 13-32-year-olds saying they had shopped online in the last 30 days. Those over 18-years-old were even more likely to have shopped online, with 73% reporting they had made a purchase from an online-only store, compared to 48% of 13-17-year-olds. Local grocery stores came in third on the list, and 33% said they had shopped at national chain stores like JC Penney and Kohl’s. 

5. THEY’RE IGNORING YOUR MOBILE ADS.

Yes, young consumers are hooked to their mobile devices, and brands need to reach them there. But when we ask young consumers which type of advertising they usually ignore or avoid, 63% say online ads, like banner and video ads, and 68% say mobile in-app ads. In other words, digital marketing—you’re doing it wrong. It’s not enough to be where they are, you have to be where they are, and match your message to their behavior. As more brands and platforms clue in to that fact, we’re seeing an evolution of digital marketing and pre-rolls, banner ads, and more are progressing to appeal to young consumers’ mindsets. Meanwhile, while we know for a fact that they are fast-forwarding through commercials whenever they can, only 32% say they try to ignore or avoid TV ads.  

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The Newsfeed

Quote of the Day: “Retail should be a facilitator for experience, rather than just selling product.”—Sharmandean Reid, Founder, Wah Nails London (YPulse)

Millennials seeking portable booze are cracking open canned wine. Even though the category still only accounts for less than 1% of the Millennial-favorite alcoholic beverages’ market, Nielsen reports it spiked 69% last year and continues to gain ground. An exec at Delicato Family Wines explains, “Millennials have grown up in a world where consuming wine outdoors—or any location outside of the traditional table—is more acceptable than generations past.” (Wine Spectator)

Summer camps are cropping up to teach kids how to become YouTubers. At I-D Tech Camps, Level Up, and Star Camps, kids can learn all about how to, as the latter puts it, “Become an Internet sensation.” They offer courses in how to create and post videos, from shooting clips to editing audio, and how to build their personal brand. But don’t worry, most are framing YouTubing as a hobby, not a career, and setting kids’ expectations accordingly. (WSJ)

A new bill could change the free-to-play profit model that’s made games like Fortnite top earners. Senators have proposed the official ban of “loot boxes,” or items that players can buy (and sometimes must buy) to win a video game, often gambling on what’s inside. Senator Ed Markey explains that “Inherently manipulative game features that take advantage of kids and turn play time into pay time should be out of bounds.” For some, this will eliminate a key revenue stream and open the door to review other in-game purchases.  (The Verge)

A social media overhaul upped Corn Nuts’ sales by 12%—with no paid support.The snack’s sales were stagnant before a new exec took over their Twitter, infusing it with the personable tone food brands have become known for (and sometimes notorious for). Since then, followers spiked from 650 to 21,000, and what they’re calling a “scrappy” strategy “absolutely translated to sales,” reporting that retail sales spiked 12% and Millennials’ repeat purchases rose the same percentage. (Marketing Dive)

The retail apocalypse continues, with 7,000 more stores closing their doors in 2019. CoStar Group estimates that the square footage of retail space closed has topped its own record each year since 2017, and this year they’re “predicting more of the same.” PayLess ShoeSource, Gymboree, Dressbarn, and Charlotte Russe lead the list of number stores planned to shutter this year, as retailers learn to scale down size and up Experiencification for young shoppers. (Business Insider

Quote of the Day: “It’s a really interesting time at the moment in catalog [music]…Sometimes, it’s a question of how we make something out of nothing.”—Tim Fraser-Harding, President, Global Catalogue, Recorded Music at Warner Music Group (Rolling Stone)

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