This presentation was creating for the Postal Customer Council (PCC) of Missouri and presented on March 29, 2023.
Nearly 90% of millennials enjoy receiving mail - this fits with their affinity for physical media - like vinyl records. A USPS study also indicated that 57% of millennials acted on direct mail offers.
Millennials number almost 80MM Americans and are the largest generational cohort in the US. Almost half are homeowners; 30% are married with children.
Millennials use multiple devices: phones, tablets and PCs - to access information.
They are informed consumers and check out reviews and recommendations before they buy something. Many are encumbered by student debt.
Millennials enjoy and utilize coupons, especially for dining / meals.
Many millennials in urban areas rent for lifestyle. Many are ambivalent to cars and use uber and lyft for transportation.
Millennials engage around brands with social/corporate responsibility. This is important when marketing to this important cohort.
2. Characteristics
72.19 million millennials in U.S.
Born between 1981 – 1996 (age 27-42)
First digital natives
Social and connected
Less money to spend
Encumbered by debt
Different priorities
Dale "DataDale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282
4. Housing
Peak home buying years between 30 – 45
48.6% of millennials own homes = 35MM homeowners
Many priced out of the market
Nearly 20% of millennials expect to rent forever
Trend – affluent millennials renting for lifestyle
Trend – increased number living with parents (25% of U.S. adults age 25-
34 lived in multi-gen HHs in 2021)
Dale "Data Dale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282
5. Family
30% of millennials live with a spouse & child
Many millennials postponing marriage
Fluid in where they live. Will move for a better job
Dale "DataDale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282
6. Marketing Preferences
Spend $ on Socialization, Education, Apparel, Services, Food away from home,
Food at home, transportation
Second to Gen-X in terms % of population on digital
Lowest reading magazines or newspapers
Least time spent watching TV / listening to radio
Most likely to shop online
Preference for brands associated with a cause
Ambivalence towards owning cars
Engage around brands with corporate social responsibility
Dale "DataDale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282
7. Multi-Platform Strategy
Millennials use multiple devices – mobile phone, tablets, desktop
55% of millennials watch video several times a day on different devices
72% wants to connect to the news on all of their devices
You need to go where their eyes are
Content needs to be relevant. Millennials will share relevant articles,
podcasts, videos and other media with their colleagues and friends. They
consume content while driving, exercising – popularity of podcasts with
this cohort.
Dale "DataDale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282
9. Social Connections
Trust is important
Millennials are seven times more likely to give personal
information to a trusted brand…and 46% share their data if it
means they’ll be given a more relevant, personalized
experience.
Five out of six millennials choose to connect with brands on
social media
They expect their experience to be reciprocal.
Dale "DataDale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282
10. Best Practices for Marketing to
Millennials
Multi-Platform
Personalization
Social media presence – Instagram, TikTok, FB
Be authentic / Relevant content
Loyalty programs
Dale "DataDale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282
12. What types of direct mail makes
millennials tick?
Postcard marketing
Coupons & offers
Personalization
Reviews & testimonials
Remarketing mailers
Proximity Mailings
** Use QR codes to move user to digital for the purchase
Dale "DataDale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282
13. ”
“Use Direct Mail as the anchor of a
multi-channel campaign
Direct mail brings trust into a campaign, but millennials want to
see the same message across all channels.
Dale "DataDale" Filhaber - Dataman Group Direct
www.datamangroup.com 800-771-3282