Reaching GEN Y and keeping their attention is one of the greatest marketing mysteries of our generation. Young people today are very fickle and are constantly changing what they consider to be “cool” and “hip”. That is very important to remember when marketing to GEN Y — never take them for granted or assume they are not capable of understanding complex situations or products. GEN Y is one of the smartest, tech savvy and idealistic generations of our time. They know what they want, but they do not always know how to get there, and that is where market research, focus groups and other tools come in handy. Generation Y earns a great deal of money and spends the same amount. It is important to not just understand the wants, likes, and dislikes of GEN Y, but also who they are and where they want to be in the future. The youth of today love to discuss themselves and they want to the world to know they are here to stay. Our generation has grown up knowing mostly that they deserve to have anything they want. They have a strong sense of entitlement, along with being very social. Another way to put it is in general, Gen Y’ers are narcissistic and spoiled. Now, that is a tough group to create for and sell to, but with the amount of money GEN Y controls, either their own or their parent’s, companies cannot make the mistake of not listening and understanding their concerns.

GEN Y is always searching for the next big tech item, clothes, shoes, etc. to jump into and call their own. Youth of today love the idea of interchangeable products, such as multiple shoe designs, backpacks that do more than just hold books, and they are very primitive to the art of multi-tasking, more so than past generations. They are used to playing XBOX, doing their homework, chatting and texting w/friends, and planning their schedule for the next day better than the best of us. Due to the globalization of our culture and economy, companies cannot wait for their competition to create the next big thing — being on the cutting edge of product research and development is vital to the growth and expansion of products/services marketed towards GEN Y. There are truly no perfect ways to keep the attention of GEN Y, but there are some techniques that can be utilized to increase outreach and interest of youth in a company’s products or services. Along with these eight techniques, I would also like to say the most important way to learn from and market to GEN Y is to simply listen to them. They want to be heard; hence the explosion of blogs, youtube and other social media. Your company’s future can be bright when it comes to targeting GEN Y, but only if you show GEN Y that you are ready to open up and listen to them.