
Future Commerce
Gen Z Buys the Vibe, Gen X Pays the Bill
Mar 28, 2025
Marketing expert Elizabeth Schmidt, with a background at Disney and Target, dives into the dynamics of Gen Z marketing and luxury retail. She discusses how brands like Zadig & Voltaire effectively target Gen Z while Gen X parents make the buys. The conversation highlights the revival of nostalgia in retail and the significance of storytelling in advertising. Schmidt also touches on the shifting landscape of luxury branding, emphasizing community and experiential value as key drivers of consumer engagement.
47:25
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Quick takeaways
- Gap Inc. diversifies its supply chain while embracing nostalgia and a digital-first approach to connect with modern consumers.
- Luxury brands must align with Gen Z's values of sustainability and ethical consumption to maintain relevance and customer loyalty.
Deep dives
Insights from Gap Inc. Leadership
The interview with Richard Dixon, the CEO of Gap Inc., revealed key aspects of how the brand positions itself within the retail landscape. He described Gap as a 'canvas' that shapes cultural identity, highlighting the emotional resonance that the brand has for its customers, many of whom have nostalgic memories associated with it. Dixon emphasized the brand's evolution towards a 'digital-first' approach, illustrating how they strategically integrate digital experiences with in-store interactions to cater to modern consumer behavior. He noted that only a small percentage of their supply chain relies on China, signifying that the brand has been proactive in diversifying its supply chain to mitigate risks associated with geopolitical issues.
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