👶 “New generation, who dis?” — Gen Alpha’s birth. Pop-Tarts’ mascot. BYD beating Tesla.
Jan 3, 2024
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Gen Alpha, Pop-Tarts' mascot, and BYD beating Tesla are the main topics of this podcast. Explore the rise of Gen Alpha, the children of millennial parents, and their exposure to technology. Learn about Kellogg's new snack strategy using physical mascots. Discover how BYD, a Chinese electric car company, is surpassing Tesla in sales.
BYD has surpassed Tesla as the world's largest electric car company, selling even more electric cars and offering them at a lower price.
Kellogg's new marketing strategy of giving their snacks arms and legs by creating edible mascots has resulted in significant buzz and earned media, providing a marketing value six times greater than the cost of sponsorship.
Deep dives
BYD surpasses Tesla as the world's largest electric car company
BYD, a Chinese car company, has overtaken Tesla as the world's largest electric car company. Tesla sold 495,000 cars in the last quarter of 2023, bringing their total for the year to 1.8 million. However, BYD sold even more electric cars, becoming the first company to outsell Tesla. BYD is known for its frugal approach and controls its own lithium mines, allowing them to sell electric cars for as low as $11,000.
Kellogg's uses edible mascots to promote their snacks
Kellogg's has adopted a new strategy of giving their snacks arms and legs by creating human-sized edible mascots. During the college football bowl season, Kellogg's sponsored two bowl games with pop-tart and Cheez-It mascots that were both edible. This strategy has resulted in significant buzz and earned media, providing a marketing value six times greater than the cost of sponsorship.
Introducing Gen Alpha: The AI Native Generation
Gen Alpha, born after 2010, is the newest demographic businesses are targeting. They are known as the iPad generation, as they have grown up with tablets and are incredibly comfortable with technology. Gen Alpha is the largest generation in history, with an estimated two billion members. They have a strong affinity for artificial intelligence and are increasingly interacting with AI through devices like smart speakers and digital assistants.
What comes after Gen Z? It’s Gen Alpha — Marketers are turning their attention to the children of Millennial parents, and we are too.
Pop-Tart was the star of the College Football bowls season, thanks to their mascot — Because Kellogg’s new strategy is to give their snacks arms and legs.
And Tesla has always been (by far) the king of electric cars… until now — Because China’s BYD is now outproducing the electric OG.