5 Tips for Marketing to Millennials
Reaching millennials requires developing an understanding of what they value and where they go to find it. A millennial and expert marketer discusses his experience in doing exactly that.
Many businesses strive to reach and influence millennials, the demographically dominant generation born between the late 1970s and the mid-to-late 1990s. Charlie Grinnell, Head of Social Media at Aritzia and former Global Social Media Manager, Sports at Red Bull/Red Bull Media House, counsels against relying on traditional content and delivery methods to capture these consumers. Meeting their expectations depends on leveraging digital and social media.
In a recent global conference call hosted by YPO’s Digital Marketing and Media Network and YNG+, Grinnell shared key lessons he has learned about how businesses can capture the attention of millennials.
The right culture
Many senior leaders are open to trusting millennial employees, but they have to earn it. “We have to be willing to take a risk and face the possible discomfort that can follow,” says Grinnell. “I have been lucky to work with leaders who are willing to ask a millennial about marketing to millennials. Of course, not all companies are targeting that audience. But if your business is trying to attract millennials, it is silly not to listen to a millennial.” All new ideas still have to meet the basic requirements: support of business objectives and an acceptable ROI.
The right channels
There are internal and external elements in finding the right channels to reach millennials. Internally, discover who in your organization has a good understanding of the millennial customer. Diversity is a good start. “During my time at Red Bull, I was included with a variety of employees in discussing what millennials want because of my age: and was fortunate to be one of the youngest employees with a solid amount of face time with senior leadership,” Grinnell explains. “I was fortunate to work on a fantastic team that had 19 different nationalities and several age groups within it. This allowed us to tap into what a subset of those people were thinking, allowing us to gain valuable perspectives.”
As for specific channels, the stories format (as on Instagram and Snapchat) are not going away and the new platforms Grinnell is watching include Musical.ly and TBH. The channels you use should be driven by your brand and your audience.
The biggest mistakes
One of the biggest mistakes marketers make about millennials is thinking they actually know what they want, based on minimal research. You have to get to know your audience and recognize how diverse they are. One size does not fit all. “We had a deep respect for the value of quick response so we actually changed our approach from a business planning perspective. Instead of committing to big projects a year in advance, we set budget aside for unforeseen opportunistic activities,” Grinnell says.
Not being nimble is another mistake. A lot of the best brands now are not necessarily the ones that plan far in advance; they are the ones that move quickly to respond to a situation.
The two biggest lessons
Brands must value millennials’ time as much as the millennials do, which is a lot. Brands must also deliver value — not just direct product messages, but pertinent education, information and entertainment. Customers may not buy something today, but they will leave your site with a positive feeling and remember you when they are ready to purchase.
Finally, companies must focus on customer service. “We can no longer afford to wait a day or two to resolve a customer’s problem,” Grinnell says. “Our response must be immediate. Good customer service is not good enough; it must be great. Millennials expect it, and their expectations have driven everyone else’s expectations as well. Going above and beyond is — or should be, for companies seeking millennial customers — the new normal.”