youth consumer behavior
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TRANSCRIPT
Youth Consumer behavior
But India's future won't simply be determined by
powerful CEOs and political leaders - just as I know that
the ties among our people aren't limited to contacts
between our corporations and our governments. And
that's why I wanted to speak to all of you today,
because India's future will be
determined by you and by
young people like you across
this countryYou are the future leaders. You are the future nnovators
and the future educators. You're the future
entrepreneurs and the future elected officials.In this
country of more than a billion people, more than
half of all Indians are under 30
years old That's an extraordinary statistic and it's
one that speaks to a great sense of possibility - because
in a democracy like India's - or America's - every single
child holds within them the promise of greatness. And
every child should have the
opportunity to achieve that
greatness
iNDEPENDENT
iDENTITY
EXPERiENCE
CONSCiOUS
ADDiCTED
DiFFERENCIATE
SOCiAL CAUSE
iNTEGRATE
COMPETiTIVE
#2
#3
#4
#5
* Premium Quality * Stylish * Affordable * Value for Money
* Premium Quality * Stylish* Value for Money
* Premium Quality * Stylish*Innovative * Technology Leader
*Accessible * Stylish * Affordable * Value for Money
•Premium Quality * Stylish * Innovative•* Exclusive
94
68
10
7
6
0 20 40 60 80 100
TV
Newspaper
Radio
Word Of Mouth
Internet Online
Percentage
@surajkala : Atleast we wont be bombarded with AD-vani sucking ads for next 5 yrs
@santoshp: your Adwords campaign tortured us on every website..
Kiruba Shankar, Social Media Researcher says “One of the stellar examples of a brand which leveraged internet medium to build the brand”
Ethnographic
Study
•Observed – their activities, Listened to their stories, shared lunch and Became close friends
•Shadowed 3different people at different levels
•Associate (Entry level employee, intermediate pass, rural AP background) (Name: Selvaraj)
• Associate Sales Manager (graduate, from a tier-3city city) (Name: Mohamad)
• Customer Representative (Name: Hanumantappa)
Ethnographic
Study
• Looks for “quick” results • Vernacular celebrities rock! • Highly influenced by “peers” as there is less exposure • Ready to adapt themselves to make more money • Loves “flaunting” “flashy” stuff
•Questions uncovered different aspects such as
• Spending power, Preferences, Aspirations
• Influencers, Role Model
• Media influence
• Brand Influence
Online Survey
•Number of respondents – 12
•Right form Halappa(works in a remote village near Chikmagalur) to our friends in tier-2, tier-3 cities
•Informally chatted
•HEARD rather than TALKED - heard to stories, heard to instant responses
•Targeted diverse segment - Different income groups, different professions
Focused Group Interviews
Observations
iGen junta
XGen junta
Mobile Bill / Month
Who influences your buying decision?
of brands inJunta...
iGen
XGen junta
iGen junta
of brands inJunta...
XGen
Watch out
The Youth is taking over