Canadian Retailer - Winter 2015 - 36
dEMogRaphIc TaRgETINg
move over Boomers. Here come
the millennials. note to marketers
and retailers, these digital natives
are a very different generation to
reach and spend their discretionary income differently.
BY daVid MCPHeRSoN
36 |
caNadIaN RETaIlER | Winter 2015
MIllENNIals, defined as those born between 1977 and
1995, are a huge cohort. Retailers can't ignore this large,
influential consumer sub-set. Behind the Boomers, they
are the second largest demographic group; these digital
natives number 1.7 billion-60 per cent of them in asia.
according to Advertising Age, Millennials between the
ages of 17 and 34 are expected to spend more than $200
billion annually starting in 2017 and $10 trillion in their
lifetimes. Millennials represent not only big money in
terms of potential wallet share, but more importantly
they are huge influencers when it comes to purchasing
power. as a demographic they represent 21 per cent of
consumer discretionary purchases, but in some categories it's estimated they influence more than 100 per cent
of their direct spend.
Millennial david Coletto, Ceo of abacus data, an
ottawa-based public opinion and marketing research
company, says this is just one reason his generation is so
important, especially in the technology sector.
"Millennials are looked at like a Chief information of-
Canadian Retailer - Winter 2015
Table of Contents for the Digital Edition of Canadian Retailer - Winter 2015
Publisher's Desk
Retail Currents
Retail: At Issue
Steeped in Success
Tips to Market on a Budget, Part 1 of 2: Digital Outreach
Celebrating 50 Years of Relevance and Growth
Frequent Flyers
Marketing to Millennials
CANEX: Extending Support through E-Commerce
Advertiser's Index
Retail Quick Tips
Canadian Retailer - Winter 2015 - cover1
Canadian Retailer - Winter 2015 - cover2
Canadian Retailer - Winter 2015 - 3
Canadian Retailer - Winter 2015 - 4
Canadian Retailer - Winter 2015 - 5
Canadian Retailer - Winter 2015 - Publisher's Desk
Canadian Retailer - Winter 2015 - 7
Canadian Retailer - Winter 2015 - Retail Currents
Canadian Retailer - Winter 2015 - 9
Canadian Retailer - Winter 2015 - 10
Canadian Retailer - Winter 2015 - 11
Canadian Retailer - Winter 2015 - Retail: At Issue
Canadian Retailer - Winter 2015 - 13
Canadian Retailer - Winter 2015 - 14
Canadian Retailer - Winter 2015 - 15
Canadian Retailer - Winter 2015 - Steeped in Success
Canadian Retailer - Winter 2015 - 17
Canadian Retailer - Winter 2015 - 18
Canadian Retailer - Winter 2015 - 19
Canadian Retailer - Winter 2015 - 20
Canadian Retailer - Winter 2015 - 21
Canadian Retailer - Winter 2015 - 22
Canadian Retailer - Winter 2015 - Tips to Market on a Budget, Part 1 of 2: Digital Outreach
Canadian Retailer - Winter 2015 - 24
Canadian Retailer - Winter 2015 - 25
Canadian Retailer - Winter 2015 - 26
Canadian Retailer - Winter 2015 - 27
Canadian Retailer - Winter 2015 - Celebrating 50 Years of Relevance and Growth
Canadian Retailer - Winter 2015 - 29
Canadian Retailer - Winter 2015 - 30
Canadian Retailer - Winter 2015 - 31
Canadian Retailer - Winter 2015 - Frequent Flyers
Canadian Retailer - Winter 2015 - 33
Canadian Retailer - Winter 2015 - 34
Canadian Retailer - Winter 2015 - 35
Canadian Retailer - Winter 2015 - Marketing to Millennials
Canadian Retailer - Winter 2015 - 37
Canadian Retailer - Winter 2015 - 38
Canadian Retailer - Winter 2015 - 39
Canadian Retailer - Winter 2015 - CANEX: Extending Support through E-Commerce
Canadian Retailer - Winter 2015 - 41
Canadian Retailer - Winter 2015 - 42
Canadian Retailer - Winter 2015 - 43
Canadian Retailer - Winter 2015 - 44
Canadian Retailer - Winter 2015 - Advertiser's Index
Canadian Retailer - Winter 2015 - Retail Quick Tips
Canadian Retailer - Winter 2015 - cover3
Canadian Retailer - Winter 2015 - cover4
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