Life used to be pleasantly sim pler for the marketers of yore. Rustle up a product that most of the teenagers want, market it aggressively and see how the power of herd mentality kicks in. Marketers of yesteryears were always assured that this gambit will work like a charm and they will laugh their way to the bank. But not any longer. Reaching out to today's teenagers can be a hair-raising exercise. Today, marketers have to wander through many individual tastes and requirements. Homogeny is passé. Individualism is in vogue.
Today's generation of teenagers are also smart, savvy, hyper-stimulated, data crazy, media hungry, techno-literate and sweetly irreverential. The current crop of teenagers has definitely upped the ante for consumerism. Their focus is palpably different because they typify a generation that wields enormous economic clout unlike their predecessors.
Besides, today's teens are born into an age of radical technological
revolution and advanced media evolution, which gives them unfettered and
unhindered access to the consumer market. They also have the
intelligence, street smartness and astuteness to
take best advantage of these markets. No wonder,
the choicest of fashionable titles such as Echo Boomers,
Digital Generation, Wired Generation, Millennials and Gen-Y
are showered upon them. Thanks to their enormous economic
might, there is a mad rush among marketers to study the buying
habits of today's teens. |