NEW YORK - The key to reaching today's youth lies in creating non-intrusive messages that are as unique as the individuals they target, says a recently released report by MarketResearch.com. According to the U.S. Youth Market: Deciphering the Diverse Life Stages and Subcultures of 15- to 24-Year-Olds report, tapping this $460 billion segment can be a tough sell considering this group is comfortable with technology and prefers to learn and make buying decisions through personal discovery, rather than in-your-face marketing. In addition, the report finds that the youth market is perhaps the most diverse demographic segment in America. Within the age group there are high school and college students, young married couples with children, single "blue-collar" males and post-grads living with their parents. On top of that there is the "urban youth" culture, which, while influenced by ethnic factors, is not restricted to any one race, ethnicity or even geographic location. "Because there is no such thing as a typical American `youth,' effectively getting the message out can be a tall order for marketers," said Don Montuori, MarketResearch.com acquisitions editor for packaged facts. "However, it can be done by focusing on the common theme of newly found independence. Even young people who still live at home are now making their own decisions." The report provides detailed information about consumer demographics, attitudes and buying patterns as well as advertising case studies, product development, and emerging retail campaigns. The report also includes historical sales data, as well as market projections through 2007. Packaged Facts is a division of MarketResearch.com that produces research reports on a wide range of consumer industries, including information on domestic and global market trends and opportunities. For more information on the report visit the Web site at www.PackagedFacts.com.
From the July-23, 2003 issue of Credit Union Times Magazine • Subscribe!
Independence Works in Marketing to Youth
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!
Comments
- The 4 Major Designs of the $100 Bill (Slide Show)
- Anonymous May 7 Target List Includes 12 Large Credit Unions
- Theresa Portillo Sentenced to 6½ Years in Prison for Looting Feminist CU
- WesCorp’s Legacy Losses Outpace Other Corporates
- Stacie Wyss-Schoenborn Seeks Innovation One Step at a Time: Women to Watch
Resource Center
View All »
Measure and Monitor the Risks and Opportunities in Loan Portfolios
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...










