Generation Y: the lost generation?

by Eve Resnick on June 24, 2008

in General

Everybody – myself included – is fascinated by the Millennials and seems to overlook the older generation, the Generation Y – those people now in their 30s. A very thorough study by Proximity Worldwide showed this generation should not be forgotten because they develop very interesting consumerial patterns. The study showed three major groups:

- The cruisers: they enjoy going out and spending money on the latest trends. Generous, they admire the humanitarian icons, such as Nelson Mandela. They don’t trust the international brands (Starbucks) and have no confidence in the major conservative leaders.

- The nesters: they spend a lot of time at home with a selected number of friends and their family. They appreciate brands with aspirational qualities and admire Madonna, Audrey Hepburn, Cameron Diaz and… E.T. They usually enjoy a quiet lifestyle.

- The super-breeders: they are the most complex and most interesting group. They center their life on their family (spouse and children). They want to protect their family from any kind of pollution: junk food, uncertain social values, pornography, violence, etc. They expect brands to be “moral” and ecological. Their icons are Angelina Jolie and Brad Pitt or Vanessa Paradis and Johnny Depp. This category is the rising category that will set the new consumerial trends: respect of nature, the planet and humankind.

{ 3 comments }

1 JuiceCowboy June 27, 2008 at 4:36 am

Evelyn,

Generation Y is the Millenial generation:

http://en.wikipedia.org/wiki/Generation_Y

http://www.businessweek.com/1999/99_07/b3616001.htm

We 30-somethings are in GenerationX. I know because as I busted my a** at MIT I remember hearing about “GenX – the SLACKERS”. I am proud to see what GenX has done, including what seems to be potentially the first Black American president! (Wikipedia says 1965, but I’ve always heard 1960)

http://en.wikipedia.org/wiki/Generation_x

2 Evelyne Resnick June 30, 2008 at 8:33 am

By “Generation Y”, I was referring to the title of the study! It is true that usually Generation Y is the Millennials. But the authors of the study chose to name it “y” – which is their right.

The age brackets between the Millennials, Generation Y and generation X are relatively loose depending on the research. We might need to clarify this issue to make our research more accurate for our readers.

3 Bret Bernhoft October 10, 2009 at 12:10 am

Generation Y (Wine) is by no means a lost cause. In fact the trends would say quite the opposite. While Generation Y is still young, they are of drinking age and therefore are just now beign exposed to vast commercialization of the WIne Industry. Give it 5 years before 30 year old Generation Yers are buying the next 50-100 dollar bottles of the stuff. But for now it is 5 Buck Chuck and Yellowtail.

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