Every day I get pitched a millennial interview or article. I recognize that millennials are an age group that offers businesses an opportunity – and I have no doubt that they are unique. Having grown up in an age where having a smartphone and being connected to the Internet is having profound changes in behavior that we must pay attention to. If you're targeting this age group – either for products or for employment – you do have to have a specific strategy.
What's a Millenial?
A millennial is a person reaching young adulthood around the year 2000; a Generation Y'er.
I thought this infographic was worth sharing because it speaks directly to one key… video. Millennials are very comfortable consuming video… not just funny Youtube videos… actual brand and productized videos.
Here are some highlights that Animoto found in the study
- 80% of millennials consider video content when researching a purchase decision
- 70% of millennials are likely to watch a company video when shopping online
- 76% of millennials follow brands on Youtube
- 60% of millennials prefer to watch a company video over reading a company newsletter
There are 80 million millennials in the U.S. alone and their craving for online video as a preferred communication channel is growing. Video is an effective way for businesses to share their brand voice and story.Brad Jefferson, CEO and co-founder of Animoto
For more details, download Animoto's Online and Social Video Marketing Study, based on responses from 1,051 consumers.