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This article originally appeared
in the 2013, No. 2, issue of
The journal of high-performance business
Industry Report | Retail
Who are the Millennial shoppers?
And what do they really want?
By Christopher Donnelly and Renato Scaff
The digital prowess and market savvy of Millennials make
them a difficult group for retailers to bracket—do they
break all the rules, or are they more like other consumers?
New research puts to rest a number of Millennial myths
and provides insights marketers can use to engage and serve
tomorrow’s trillion-dollar demographic.
/outlook
Millennials—born between 1980 and Although Millennials have earned
2000—are both the 20th century’s last a reputation for viewing the world
generation and its first truly digital through a uniquely digital lens,
one. This old century/new technology our results found some remarkable
dichotomy gives pause to marketers similarities between them and their
attempting to understand and connect predecessors: the Baby Boomers (born
with this key demographic. from 1946 to 1964) and Generation X
(1965 to 1979).
But are Millennials really a unique
new breed of plugged-in, networked •More than half (55 percent) of the
savants? Or do these prized consum- survey respondents, in all three
ers share critical similarities with demographics, s
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