why gen y?

Post on 30-Nov-2014

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Pioneer has always been active in creating relevant products and approach for different market segments. Recently, Pioneer embarked on tapping a segment that’s quantifiably proven to be a great economic growth influence – the Generation Y. But why Gen Y? That’s the question. My topic will be a visual and (hopefully) un-boring based from quantifiable data and research. While we all understand that relevant data is king at this age, use of such (data) to create measurable results is equally important. These provide a cohesive and integral approach to utizing business analytics and intelligence. But before I jump into discussing who Gen Ys are and how relevant they are to our industry, it’s best that I share with you our methods of research to produce viable data. The internet is a powerful research medium. As IT students, you’ve got the upper hand because you know the internet… and the internet knows you. On the other hand, we – marketing and research professionals – treat the internet as a means to gather data and produce relevant marketing strategies. http://www.gianviterbo.com/why-gen-y/ To access the article, email gianviterbo@gadgetpilipinas.net.

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WHY GEN Y?@pioneerph @gianviterbo @gadgetpilipinas

visual based from

quantifiable data and researchhopefully devoid

of boredom

use of such to create

measurable results is EQUALLY

IMPORTANT

The INTERNE

Tis a powerfulRESEARCH

MEDIUM

YOU’VEgotTHE UPPER

HAND

NSCBnscb.gov.ph

NSOcensus.gov.ph

Googlegoogle.com

Google Trends

census.gov.ph

Gephigephi.org

Facebookfacebook.com

http://bit.ly/29researchtools

Exceloffice.live.com

Most companies have shifted their

to Generation Y.

Who are the Gen Ys

anyway

Traditionalists

Baby Boomers

Gen X

Gen Y

Millenials

Gen Ys are “RAKET” oriented.

Why Gen Y?

Source: NSCB

2 years from now,58% of the working class are Gen Y.

Source: NSCB

Projected Population by Age Group by 5-year intervalsTotal Philippines

2010-2025

2010 2015 2020 2025 -

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

35,000,000

40,000,000

45,000,000

50,000,000

23,751,000 26,183,100

27,926,300 29,303,800 0-1920-3435-4950-6465 and up

By 2015, potential income of Gen Y for the C Class is

between Php 47B to 152B a month!

That’s indeed a lot of money!

Study what products that appeal to them, and make us profitable

Manner/Approach that can get them engaged, and;

Influence them to “need” our products.

What are the key growth

drivers?

There’s no stopping Gen

Ys hunger for badges of independenc

e such as cars.

Real Estate developers also realize Gen Ys increasing income and need for independence thereby making them their primary target market.

HIPSTER GENERATION

Tech and gadget companies also focus their attention to the social

media and tech savvy Gen Ys.

GEN Y EGGS

GEN Y BASKET

INSURED GEN Y EGGS

GEN Y BASKET

A Day in the Life of a Gen

Y

Wakes up at 6:30am

Checks Facebook

Newsfeed on Smartphone

Gets ready for work

Buys PhP140 coffee

Works using laptop.

Does social snacking.

Social Media on the side

Mingles with friends before going home.

Spends quality time with family.

Spends time with self

Sleeps at 11:30pm

Wakes up at 6:30am

Checks Facebook

Newsfeed on Smartphone

Gets ready for work

Buys PhP140 coffee

Works using laptop.

Does social snacking.

Social Media on the side

Mingles with friends before going home.

Spends quality time with family.

Plays Titanfall/write

s article before going

to bed

Sleeps at 11:30pm

How are we responding

Attract Engage Convert

Attract

Identify touch points

Create relevant & appealing content

Make your presence

known

LAUNCH NEW WEBSITE

Engage

Get SocialCreate

relevant campaigns

Listen

GETS SOCIAL

Follow our official Social Media Accounts

Facebook.com/PioneerIsYourInsurance

Instagram.com/PioneerPH

Twitter.com/PioneerPH

youtube.com/user/pioneergroup

linkedin.com/company/pioneer-insurance

Pinterest.com/PioneerPH

10,625 fans 1,757 followers

58 followers

#GetYourLifeCovered #GetYourAssetsCovered#IsYourInsuranceSexy #PioneerIsYourInsurance

#AttentionPH

Convert

Create profitable solutions

Measure results

Be hungry for

improvement

LET’SRECAP

GEN Y, Pioneer? Really!

DATA GATHERING TOOLS

WHY GEN Y?

HOW DOES INSURANCE FIT IN?

ATTRACT, ENGAGE, CONVERT

NSCBNSO

GoogleGoogle Trends

GephiExcel

Facebook Graph

A significant economic

driver.

Cars, House, Gadgets are

assets.

Product to protect Gen Y

assets

Methods

Recognizes the importance of

Gen Y

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