The Appeal of Multigeneration Relevance
Brands that manage to achieve multigeneration relevance enjoy several advantages:
- Broader Customer Base: By appealing to multiple generations, brands significantly expand their market reach.
- Customer Longevity: A multigenerational approach ensures brand loyalty across life stages.
- Cultural Impact: Cross-generational resonance enhances a brand’s ability to shape culture and remain relevant.
The big question remains: Can digital-first brands, given their heavy reliance on technology, achieve this?
Key Data Points Supporting Multigeneration Strategies
Several statistics illustrate the potential—and the hurdles—digital-first brands face when striving for multigeneration relevance:
- Generational Influence:
According to Deloitte, over 70% of purchasing decisions in multigenerational households are influenced collectively, with younger generations driving awareness and older ones approving purchases. This highlights the importance of messaging that resonates across age groups.
- Technology Usage Across Generations:
Contrary to stereotypes, technology isn’t just the realm of the young. A Pew Research Center study shows that 73% of adults aged 50-64 own smartphones, while 45% of those 65+ engage actively on social media platforms like Facebook. Brands catering to older consumers through digital channels can unlock significant opportunities.
- Emotional Connection is Key:
Research from Nielsen highlights that ads with emotional appeal perform 33% better across all age groups. Multigenerational messaging isn’t just about using the right platforms—it’s about tapping into universal values such as family, trust, and shared aspirations.
- Preference for Convenience:
Across generations, convenience reigns supreme. A report from McKinsey found that 65% of online shoppers (spanning multiple age groups) prioritize fast delivery and seamless transactions, underscoring the need for streamlined user experiences.
Challenges for Digital-First Brands
While the potential is evident, obstacles remain:
- Generational Nuances: Each generation has distinct values and communication preferences. For instance, Gen Z leans toward short-form video content, whereas Boomers may prefer detailed, educational materials.
- Risk of Alienation: Efforts to appeal broadly can dilute brand identity, leading to weaker connections with specific demographics.
- Technological Barriers: Despite increasing tech adoption, older generations may still face challenges navigating complex digital ecosystems.
Strategies for Achieving Multigeneration Relevance with Decrypt
To turn multigeneration relevance into a reality, digital-first brands can employ these strategies:
- Segmented yet Unified Campaigns:
Tailor campaigns to resonate with individual generational needs while maintaining a consistent brand voice. For example, Coca-Cola’s “Share a Coke” campaign used personalized messaging across platforms to engage diverse age groups. Decrypt helps identify your core customer, market size as well as understand their usages & attributes to build multigenerational relevance
- Leverage Omnichannel Approaches:
A Salesforce report reveals that 76% of consumers expect consistent experiences across all touchpoints. Integrating offline and online strategies allows brands to cater to varying levels of tech-savviness. Decrypt can help understand this through our Media & Marketing Mix solution
- Universal Themes and Stories:
Focus on storytelling that revolves around shared values, such as sustainability, connection, or joy. Procter & Gamble’s campaigns around family and cleanliness have effectively transcended generations. Discover a new way of storytelling by understanding & predicting subconscious consumer response to your stories with our neuromarketing solution Dialogue
- Empathy-Driven User Interfaces:
Make digital platforms intuitive and accessible. Including features like larger fonts, voice assistants, and simplified navigation can help older generations engage with digital-first brands more effectively.
The Verdict: Unicorn or Possibility?
While achieving multigeneration relevance is no easy feat, it’s far from a mythical unicorn. The data shows that with strategic investments in technology, storytelling, and user experience, digital-first brands have a unique opportunity to break generational barriers.
The key lies in balancing innovation with inclusivity—embracing the digital while staying attuned to the timeless desires of human connection. For today’s digital-first brands, multigeneration relevance is not just a possibility—it’s a competitive edge waiting to be seized.