(Part 2) How Gen Z Destroyed The Marketing Funnel With Lauren Petrullo
May 3, 2024
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Marketing maven Lauren Petrullo and Ralph Burns dive into Gen Z and Millennial consumer behaviors, discussing trust in algorithms, the influence of social platforms, and the power of predictive marketing. They explore the impact of Gen Alpha on marketing strategies, highlighting the role of immersive experiences and data-driven approaches. From product tagging on TikTok to Disney's market trend-driven advertising, this podcast offers actionable insights for digital marketers.
Gen Z and millennials prioritize brands that align with their values, relying on algorithms for relevant content.
Utilizing platforms like TikTok and Amazon is crucial to reach Gen Z and millennials, who trust social proof for informed purchasing decisions.
Deep dives
Understanding Gen Z and Millennials Consumer Behavior
Gen Z and millennials trust algorithms to show them relevant content that aligns with their values and interests. They seek products with purpose and care about sustainability, requiring brands to match their values. They make informed decisions by filtering information based on their preferences, similar to setting up dating profiles. Brands need to adapt by providing products and experiences that resonate with their values.
Influence of Discovery Platforms on Consumer Behavior
Gen Z and millennials heavily rely on platforms like TikTok, YouTube, and Amazon for product discovery and research. They trust reviews and social proof from these platforms more than traditional advertising. Brands need to be present across various channels to accompany the complex consumer journey that involves multiple touchpoints before making a purchase.
Future of Marketing to Gen Alpha and Immersive Brand Experiences
The emergence of Gen Alpha brings unique challenges due to disruptions in education and a digital-first upbringing. Brands must adapt to new forms of marketing, such as product placements in content and leveraging apps like Amazon X-ray for seamless shopping experiences. Immersive brand integration into consumer experiences will be crucial for success with the tech-savvy Gen Alpha consumers.
Ralph Burns and marketing maven Lauren Petrullo navigate the digital shopping aisles frequented by Gen Z and Millennials. With her Disney-honed savvy, Lauren discusses how these consumers trust algorithms more than ads and why brands must tune into digital trends to keep up. From the quirks of Gen Alpha to the power of TikTok in buying decisions, this discussion unpacks the toolbox for today’s digital marketers. Tune in to learn why understanding these tech-savvy shoppers could be the key to your brand’s next big break.
Chapters:
00:00:00 Kickoff with Ralph: Diving into Gen Z and Millennial Shopping Behaviors
00:00:35 Lauren's Expertise Unleashed: Decoding Marketing Trends for Young Consumers
00:01:44 Spotlight on Gen Alpha: Preparing for the New Frontier in Consumerism
00:05:40 The Digital Marketplace: How Social Platforms and Amazon Shape Purchasing
00:07:22 Tag, You're It!: The Role of Product Tagging on Instagram and TikTok
00:08:45 Consumer Intelligence: How Brands Use Data to Predict and Influence Purchases
00:10:12 A Look Ahead: Disney's Approach to Predictive Marketing
00:13:01 Future-Proof Marketing: Crafting Immersive Experiences for Gen Alpha
00:19:49 Big Brand Playbook: Utilizing Major Strategies for Your Business's Advantage
00:22:23 Wrap-Up: Key Takeaways and Actionable Insights for Marketers
Connect with Kasim on Twitter and Connect with Ralph on LinkedIn
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