Embracing individualism
It’s estimated that Gen Z accounts for around 20% of all US consumers, with direct buying power of $143 billion. Comprising 32% of the global population, Gen Z is emerging as the world’s largest and most diverse generation. As they come into their own as consumers, employees and members of society, it is essential for marketers and retailers to fully understand what motivates and drives them, particularly when it comes to brand loyalty and making purchasing decisions.
Yet for all their distinctive qualities, this is a generation that eschews labels, preferring instead to move fluidly in...