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Reaching and understanding customers

To understand Millennials – today’s and tomorrow’s customer

7 Sep 2020

Before you can reach your customers you have to understand them. With Millennials, this means recognising how they differ from Generation X and baby boomers. Sustainability, experience at the Point of Sale and digital mobility are of a much greater importance to the young generations than to those who came before. And also keep in mind that brand loyalty is a thing of the past – if Millennials, decisive as they are, feel their needs are being neglected, they’ll head straight to the competition.

Before you can reach your customers you have to understand them. With Millennials, this means recognising how they differ from Generation X and baby boomers. Sustainability, experience at the Point of Sale and digital mobility are of a much greater importance to the young generations than to those who came before. And also keep in mind that brand loyalty is a thing of the past – if Millennials, decisive as they are, feel their needs are being neglected, they’ll head straight to the competition.

Insights

  • Mobile First: Consider digital agility.
  • Frictionlessness: Enable a smooth customer journey.
  • Experience: Provide customer immersion.
  • Sustainability: Be responsible and cater to a green mindset.

Dr. Steffi Burkhart

With the future of work and societal change, Dr Steffi Burkhart has made two subjects of growing relevance the center of her studies. Being a member of Generation Y herself, she campaigns for the hopes and needs of Millennials at more than 120 events a year.