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Top 10 Trends of 2014

What Millennials Will Be Doing and Thinking This Year	


01.30.14
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


Who was Involved?
Buzz Marketing Group’s Top 10 Trends of
2014 are based on qualitative and
quantitative research conducted with more
than 30,000 buzzSpotters® throughout
2013. Reports mentioned in this trend
briefing are available for download at
www.buzzmg.com/reports.	


Composed based on data
from 1.1.2013 – 12.15.2013	

3,449 Participants	

30,000 Panelists	

55% Female	

45% Male	

Surveys fielded online	

Ethnogaphies 	

Immersion experiences
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


1

Generation C
We have seen Generation X and
Generation Y; now be prepared to
witness the rise of Generation C.
They are today’s pre-teens, tweens,
and young teenagers, best defined
by their status as digital natives. Why
“C”? Because they’re connected,
conscious, creative consumers, and
curators. This generation will
become a new powerful target
demographic for companies and
marketers.
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


2

The Mighty Mobile
To ensure that a website is successful
today, it must be fully functional on
mobile devices as well as on
traditional desktop computers and
laptops. Although desktops and
laptops are still being used on a
regular basis, Millennials are spending
increasingly more time on their
smartphones and tablets – especially
when they’re on the go. The majority
of today’s Millennials use their
smartphones and tablets on a day-today basis for Internet usage more
than on their laptops.
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


3

Upping The Upworthiness
Sites	
  like	
  Upworthy	
  are	
  becoming	
  more	
  
and	
  more	
  popular	
  among	
  Millennials,	
  
because	
  such	
  sites	
  sa:sfy	
  Genera:on	
  Y’s	
  
craving	
  for	
  meaningful	
  messages	
  while	
  
catering	
  to	
  the	
  need	
  for	
  interes:ng,	
  
visual	
  content.	
  There	
  is	
  a	
  steady	
  
movement	
  among	
  Millennials	
  to	
  engage	
  
in	
  sincere	
  and	
  serious	
  discourse	
  about	
  
important	
  issues	
  they	
  have	
  encountered.	
  
Since	
  76%	
  of	
  twenty-­‐somethings	
  are	
  not	
  
afraid	
  to	
  discuss	
  and	
  share	
  their	
  beliefs,	
  
there	
  is	
  a	
  greater	
  feeling	
  of	
  openness	
  and	
  
freedom	
  within	
  this	
  genera:on	
  when	
  it	
  
comes	
  to	
  talking	
  about	
  problems	
  and	
  
solu:ons.	
  
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


Causeaholics

4

As we’ve pointed out previously, companies
like American Eagle Outfitters and Keds are
on the decline, while companies such as
TOMS and Warby Parker are experiencing
immense success – especially among the
Millennial generation. Consumers are
seeking a true value proposition when they
purchase products; they won't settle for
anything less. Our research shows that 74%
of Millennials are much more likely to
purchase an item if the proceeds go to
charity or if the company employs a buy
one/give one system (such as the system at
Warby Parker). The successful companies
will be the ones that encourage
transparency and allow Millennials to both
give and receive.
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


5

Tantalizingly Temporary
After hearing stories about leaked photos that
damage reputations and Facebook posts that
damage job opportunities, it is not surprising that
“temporary” media platforms are on the rise.
Snapchat paved the way when it allowed users to
send pictures and messages that would disappear
after an allotted time. Apps like Erodr have
followed up on this trend, and there are definitely
more to come. This rising trend of temporary
media provides users a way to contact friends and
use social media without the fear of future
backlash based on a silly picture or an
inappropriate message. Temporary media also
emphasizes the authenticity of the present rather
than the nostalgia of the past (which is what
Instagram and its faux-vintage filters aim to
provide).
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


6

Capitalizing on Crowdfunding
Crowdfunding is definitely on the
rise. Although Kickstarter and
IndieGoGo are the most
recognizable names within this
business genre, more than 600 sites
are dedicated to crowdfunding.
Innovative minds and entrepreneurs
from every corner of the world
utilize these sites to cross borders
and raise money for projects that
donors believe to be worthy. This
facilitates funding for projects and
helps individuals to get more
involved in causes that they believe
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


7

Creative Commerce

The economy has still not fully
bounced back from the recession, so
people are finding other activities
that not only serve as a source of
extra income but also as a creative
outlet. The surging popularity of Etsy
is an example of such focus. People
are using their creative skills to
create beautiful jewelry, clothing, and
even food. Another interesting
example of this trend is the string of
new gluten-free bakeries that have
been started by individuals or
families from their homes.
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


8

Omnimedia
Omnimedia involves the combination of media
and the utilization of various forms of mass
communication. Brands aren’t just on paper
anymore – they’re branching out across
different platforms and through different
methods. Take a look at Esquire Magazine. It
decided to partner up with NBC Universal and
start a new network, the Esquire Network,
through which it would use its own brand and
cater to the same audience, but through the
new medium of television rather than just
through the magazine. Other companies are
taking similar actions by launching mobile apps,
hosting live events, etc., in order to better cater
to their existing customers and entice new
ones.
Top 10 Trends of 2014	

What Millennials Will Be Thinking and Doing This Year	


9

Creative Native
Today, everyone can make everything
look perfect in pictures. Not only are
we documenting the majority of our
lives and sharing with those around
us, but we are also focusing on
aesthetic quality. We use tools like
Studio Design, PicsArt Photo Studio,
Polamatic, Pic Stitch, and Instagram to
show off details of our lives, ourselves,
and our experiences. The same
creativity is extended to videos, in
which we use tools available at our
fingertips to make creative decisions
about how to record and share the
precious moments of our lives.
Top 10 Trends of 2014
What Millennials Will Be Thinking and Doing This Year	
  

10

Brandamonium
This will be a big year for brands. We have seen and will
continue to see a lot of brand comebacks, because many
brands are investing time, effort, and money into
developing the right ideas and reaching the right people.
Over the last couple of years, Gap and Old Navy have
made a huge comeback, and now that they are hiring
former Nike, Calvin Klein, and J Crew staff members to
their creative and merchandising teams, they will
probably continue to revitalize themselves. Such
companies also have a slight advantage in the game
because they can classify themselves as “retro” and tug at
consumers’ heartstrings through their branding.
Brandamonium could also easily hit T-Mobil, which is
working hard to compete with bigger companies,
especially by offering great deals (such as paying
customers' fees for breaking contracts with Verizon and
AT&T) and a new advertising campaign.
Contact Us

In Summary...®

Buzz Marketing Group 	

1515 Market St. 	

Suite 1810	

Philadelphia, PA 19102	

215.399.5679	

www.buzzmg.com	


11

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Top 10 Trends of 2014

  • 1. Top 10 Trends of 2014 What Millennials Will Be Doing and Thinking This Year 01.30.14
  • 2. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year Who was Involved? Buzz Marketing Group’s Top 10 Trends of 2014 are based on qualitative and quantitative research conducted with more than 30,000 buzzSpotters® throughout 2013. Reports mentioned in this trend briefing are available for download at www.buzzmg.com/reports. Composed based on data from 1.1.2013 – 12.15.2013 3,449 Participants 30,000 Panelists 55% Female 45% Male Surveys fielded online Ethnogaphies Immersion experiences
  • 3. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year 1 Generation C We have seen Generation X and Generation Y; now be prepared to witness the rise of Generation C. They are today’s pre-teens, tweens, and young teenagers, best defined by their status as digital natives. Why “C”? Because they’re connected, conscious, creative consumers, and curators. This generation will become a new powerful target demographic for companies and marketers.
  • 4. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year 2 The Mighty Mobile To ensure that a website is successful today, it must be fully functional on mobile devices as well as on traditional desktop computers and laptops. Although desktops and laptops are still being used on a regular basis, Millennials are spending increasingly more time on their smartphones and tablets – especially when they’re on the go. The majority of today’s Millennials use their smartphones and tablets on a day-today basis for Internet usage more than on their laptops.
  • 5. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year 3 Upping The Upworthiness Sites  like  Upworthy  are  becoming  more   and  more  popular  among  Millennials,   because  such  sites  sa:sfy  Genera:on  Y’s   craving  for  meaningful  messages  while   catering  to  the  need  for  interes:ng,   visual  content.  There  is  a  steady   movement  among  Millennials  to  engage   in  sincere  and  serious  discourse  about   important  issues  they  have  encountered.   Since  76%  of  twenty-­‐somethings  are  not   afraid  to  discuss  and  share  their  beliefs,   there  is  a  greater  feeling  of  openness  and   freedom  within  this  genera:on  when  it   comes  to  talking  about  problems  and   solu:ons.  
  • 6. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year Causeaholics 4 As we’ve pointed out previously, companies like American Eagle Outfitters and Keds are on the decline, while companies such as TOMS and Warby Parker are experiencing immense success – especially among the Millennial generation. Consumers are seeking a true value proposition when they purchase products; they won't settle for anything less. Our research shows that 74% of Millennials are much more likely to purchase an item if the proceeds go to charity or if the company employs a buy one/give one system (such as the system at Warby Parker). The successful companies will be the ones that encourage transparency and allow Millennials to both give and receive.
  • 7. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year 5 Tantalizingly Temporary After hearing stories about leaked photos that damage reputations and Facebook posts that damage job opportunities, it is not surprising that “temporary” media platforms are on the rise. Snapchat paved the way when it allowed users to send pictures and messages that would disappear after an allotted time. Apps like Erodr have followed up on this trend, and there are definitely more to come. This rising trend of temporary media provides users a way to contact friends and use social media without the fear of future backlash based on a silly picture or an inappropriate message. Temporary media also emphasizes the authenticity of the present rather than the nostalgia of the past (which is what Instagram and its faux-vintage filters aim to provide).
  • 8. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year 6 Capitalizing on Crowdfunding Crowdfunding is definitely on the rise. Although Kickstarter and IndieGoGo are the most recognizable names within this business genre, more than 600 sites are dedicated to crowdfunding. Innovative minds and entrepreneurs from every corner of the world utilize these sites to cross borders and raise money for projects that donors believe to be worthy. This facilitates funding for projects and helps individuals to get more involved in causes that they believe
  • 9. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year 7 Creative Commerce The economy has still not fully bounced back from the recession, so people are finding other activities that not only serve as a source of extra income but also as a creative outlet. The surging popularity of Etsy is an example of such focus. People are using their creative skills to create beautiful jewelry, clothing, and even food. Another interesting example of this trend is the string of new gluten-free bakeries that have been started by individuals or families from their homes.
  • 10. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year 8 Omnimedia Omnimedia involves the combination of media and the utilization of various forms of mass communication. Brands aren’t just on paper anymore – they’re branching out across different platforms and through different methods. Take a look at Esquire Magazine. It decided to partner up with NBC Universal and start a new network, the Esquire Network, through which it would use its own brand and cater to the same audience, but through the new medium of television rather than just through the magazine. Other companies are taking similar actions by launching mobile apps, hosting live events, etc., in order to better cater to their existing customers and entice new ones.
  • 11. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year 9 Creative Native Today, everyone can make everything look perfect in pictures. Not only are we documenting the majority of our lives and sharing with those around us, but we are also focusing on aesthetic quality. We use tools like Studio Design, PicsArt Photo Studio, Polamatic, Pic Stitch, and Instagram to show off details of our lives, ourselves, and our experiences. The same creativity is extended to videos, in which we use tools available at our fingertips to make creative decisions about how to record and share the precious moments of our lives.
  • 12. Top 10 Trends of 2014 What Millennials Will Be Thinking and Doing This Year   10 Brandamonium This will be a big year for brands. We have seen and will continue to see a lot of brand comebacks, because many brands are investing time, effort, and money into developing the right ideas and reaching the right people. Over the last couple of years, Gap and Old Navy have made a huge comeback, and now that they are hiring former Nike, Calvin Klein, and J Crew staff members to their creative and merchandising teams, they will probably continue to revitalize themselves. Such companies also have a slight advantage in the game because they can classify themselves as “retro” and tug at consumers’ heartstrings through their branding. Brandamonium could also easily hit T-Mobil, which is working hard to compete with bigger companies, especially by offering great deals (such as paying customers' fees for breaking contracts with Verizon and AT&T) and a new advertising campaign.
  • 13. Contact Us In Summary...® Buzz Marketing Group 1515 Market St. Suite 1810 Philadelphia, PA 19102 215.399.5679 www.buzzmg.com 11