In today's digital age, social media has become an integral part of our lives. It's where we connect with friends, share our thoughts, and even discover new products and brands. With the rise of social media usage among younger generations, it's no surprise that they turn to these platforms to research brands and products. However, when it comes to trust and credibility, Gen Z and Millennials rely more on recommendations from friends and family rather than influencers.
Hatched by Kazuki Nakayashiki
Sep 11, 2023
3 min read
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In today's digital age, social media has become an integral part of our lives. It's where we connect with friends, share our thoughts, and even discover new products and brands. With the rise of social media usage among younger generations, it's no surprise that they turn to these platforms to research brands and products. However, when it comes to trust and credibility, Gen Z and Millennials rely more on recommendations from friends and family rather than influencers.
According to data from 2019, the number of Gen Z individuals who used social media to research brands and products increased by almost 40 percent between 2015 and 2019. This indicates that social media has become a significant source of information for younger consumers. However, despite the abundance of influencers promoting various products, younger generations still place more trust in the recommendations of their loved ones.
In a survey, when asked what inspired them to make a purchase in the last month, 48 percent of respondents cited a discount on a product as the primary motivation. This shows that consumers are price-conscious and are more likely to make a purchase if they perceive it as a good deal. However, the second most influential factor was recommendations from friends and family, with 39 percent of respondents stating that they were motivated to make a purchase based on these recommendations.
Interestingly, the survey also revealed that consumers actually trust smaller influencers more. Approximately 56 percent of respondents from the United States and the United Kingdom believed that influencers with up to 50,000 followers were the most credible. This suggests that consumers see smaller influencers as more relatable and genuine compared to those with a massive following.
So, what does this mean for brands and marketers? It's clear that while social media plays a significant role in research and discovery, it's the personal connections and recommendations that hold the most weight for Gen Z and Millennials. To effectively reach and engage with these younger consumers, brands should take note of the following actionable advice:
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Cultivate authentic relationships with influencers: Instead of focusing solely on influencers with a massive following, brands should consider working with smaller influencers who have a more engaged and loyal audience. By building genuine relationships with these influencers, brands can tap into their credibility and authenticity, which aligns with what younger consumers value.
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