Generation Z (or Gen Z for short) refers to the generation that was born between 1997-2012, following millennials. The Gen Z population currently has purchasing power worth $143 billion.
Meet Generation Z: A whole new generation of influencers. Check out 12 facts below for brands to understand how they can meet Gen Z expectations in the real world.
How much of the global population does Generation Z represent?
Gen Z kids are immigrants themselves or have parents who moved to another country.
Inclusive marketing is more than just a buzzword, and that's also true for digital advertising. Brands who embrace diversity in their campaigns, content, and hiring practices, while representing a wide range of races, genders, orientations, and abilities can more effectively tap into the Gen Z market.
In comparison, currently 61% of US millennials identify themselves as white while for Gen Zers, this percentage amounts to 52%.
Therefore, almost half of the Gen Z generation identify as non-white, but rather black, Asian, Hispanic, and American Indian.
Not surprisingly, 60% of Gen Zers said their brand loyalty has changed since the pandemic.
feel more positive towards brands that promote gender equality on social media.
Gen Z is set to become the largest population on our planet, and they will not tolerate inequity of any kind. For Generation Z, equity is the norm, not a “perk” nor a “nice to have.” Brands must think of these concepts when delivering their advertising campaigns.
Gen Z consumers are more likely to buy sustainable, high-quality, products, and even more likely to make a purchase if they identify with the brand.
With the rise in popularity of Tiktok, gaming and social platforms, as well as the influencer culture, brand spokespeople and representatives must diversify and represent a variety of identity groups.
How many more dollars per year would Gen Zers be willing to spend on brands they trust?
Discover how Sharethrough products are built to make sure all of your video ads are “readable”.
Gen Z are described as digital junkies. In fact, the majority (95%) own smartphones. Sharethrough conducted a study amongst Gen Z consumers:
71% of Gen Zers watch videos on theirr mobile devices daily, vs. 52% on TV and 45% on computer. Not surprisingly, 74% of Gen Zers watch more than 30 minutes of mobile video per day.
80% of Gen Zers take out their phone or other device during TV commercial breaks.
90% of Gen Zers skip pre-roll video ads.
If they can’t skip, 55% of Gen Zers switch tabs or windows during pre-roll ads.
Sharethrough launched first-to-market product CTV Dynamic QR Codes, generating 12% increase in attention. Learn more about how QR Codes can improve attention & effectiveness of Connected TV ads.
74% usually watch mobile videos on mute.
41% usually watch computer videos on mute.
Sharethrough’s TrueTemplate™ Technology adds headlines or captions to the headline space of a video.
Sharethrough’s Dynamic Video Captions product automatically inserts captions below the headlines space, increasing comprehension by 56%.