What Millennials & Gen Z Want to Do in 2017

What do young consumers have planned for the year ahead? We asked 1000 13-34-year-olds what milestones and life events they're hoping to accomplish in 2017...

We’ve looked back at the year behind us, and yesterday we laid out some of the big trends that brands should be aware of for 2017—but the most powerful force that could impact multiple brands are young consumers’ plans. More and more Millennials are tackling the major life milestones they’ve been known to avoid—from home ownership to starting a family. Home building company Toll Brothers reports seeing strong growth from Millennial buyers, stating that "with the Millennial generation now entering their thirties and forming families, we are starting to benefit from the desire for home ownership from the affluent leading edge of this huge demographic wave." Meanwhile, recently released data from the National Center for Health Statistics, revealed that 1.3 million 19-35-year-old women gave birth for the first time in 2015, bringing the total number of Millennial moms in the U.S. to more than 16 million. At the same time, the next generation is increasingly showing their influence, and approaching the end of their teen years. The plans that all of these young consumers have for the next year have the power to shift some major industries, so we asked 1000 13-34-year-old exactly what they’re hoping to do in 2017. Here’s what we learned: 

We should note that about 30% said they don’t plan to do any of these things this year—which means that roughly seven in ten have some sort of milestone in their sights for 2017. As we saw last year, many young consumers have their careers on their minds, and getting a new job is at the top of the list of their 2017 plans with almost three in ten saying they hope to get a new gig, and roughly one…

 
 

Want to talk to us about the article
or dive into a custom study?


The Newsfeed

“I don't spend money, really on anything. I enjoy video games and will enjoy getting video games, but I receive as gifts from grandparents, parents”—Female, 14, IA

Airbnb is booming in Africa, where young travelers are “looking for culture rather than comfort.” Over two million people have used Airbnb in Africa to book vacation accommodations in the last five years, reportedly earning African hosts $139 million in just the past year. Wanderlusting Millennials are pushing themselves out of their comfort zones to discover new places, rather than retread old ground, and locales like Africa are getting a boost because of it. (Quartz)

Nielsen says they finally have a way to measure Netflix viewership—but Netflix says they’re way off base. Nielsen claims they can keep track of all viewing on the platform, including originals, “whether or not a studio or network wants them to.” Netflix claims, “The data that Nielsen is reporting is not accurate, not even close, and does not reflect the viewing of these shows on Netflix.” Ouch. Regardless, Nielsen’s move is a step in the right direction to measure what The Post-TV Genis watching, and has “direct implications for the ad business.” (MediaPostAdAgeFortune)

Influencers are using Instagram’s new polling feature, beating brands to the punch. Influencer network Blog Lovin’ found that 66% of their followers (many of which are influencers) had already used polling, while 87% plan to in the future. Polling is not only an opportunity to engage with customers but a way for brands to “[ask] for feedback about products, creat[e] engagement around topics that are in the media and [conduct] market research.” But brands have been slow to ask influencers to use the new story feature for promotions or to utilize the feature on their standalone accounts. (Glossy)

High school students are increasingly taking college courses—but little is known about whether it will benefit them. Thanks to dual-enrollment programs, which are expanding rapidly, students can get a head start on college credits, cutting down on the cost of higher education. Some also argue that Advanced Placement courses are more rigorous, and worthier of students’ extra effort. However, the impacts of programs on “a diverse set of students” is not yet known. (WSJ)

Kids have online influencers too, and they’re pushing branded toys to devoted viewers. Unboxing videos on YouTube are not a new phenomenon, but kid stars unboxing toys are getting brands’ attention as a way to leverage The Influencer Effect. MGA Entertainment, the world’s largest private toy company, pivoted 90% of their ad spend to digital in 2014 and report the strategy is paying off. Studies show children’s attention is switching from cable to YouTube, and influencers help brands reach a “much more engaged smaller audience” and give them “that potential for virality.” (Bloomberg)

"I love coffee and love the experience of having someone make me a nice latte. I like being around other people and hanging out in restaurants or cafes.”—Female, 20, PA

Sign Up Now

Subscribe for premium access to our content, data, and tools.

Already a subscriber? Sign in.

Upgrade Now

Upgrade for full access to the best marketing tools for understanding the next generation.

View our Client Case Studies