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Trends in consumption among younger generations

30 août 2024

Modern Women
Modern Women
Modern Women

The Evolution of Gen Z Consumer Trends: A New Era for Brands

Generation Z, comprised of individuals born between 1997 and 2012, is redefining consumer behavior on a global scale. Unlike previous generations, these young consumers don’t just follow trends—they create, reshape, and drive them forward through their mastery of digital tools and strong values. Understanding the evolution of their consumption habits is essential for brands looking to remain relevant in an ever-changing market.

1. Authenticity and Transparency: Non-Negotiable Values

For Generation Z, authenticity isn’t optional—it’s a requirement. They seek out brands that are transparent, both in their business practices and in the origins of their products. This generation is willing to boycott a brand if they perceive a lack of ethics or transparency.

This demand for genuineness pushes companies to adopt more honest practices and to share authentic stories behind their products. Brands must now go beyond surface-level marketing to truly embody the values they claim to uphold.

2. Sustainability at the Heart of Purchase Decisions

Generation Z is deeply concerned about environmental and social issues. Climate change, sustainability, and social justice are at the forefront of their minds. As a result, they prioritize brands that commit to sustainable practices, whether it’s using eco-friendly materials, eliminating plastic packaging, or reducing their carbon footprint.

These consumers are particularly attentive to certifications and eco-labels, and they don’t hesitate to conduct thorough research before making a purchase. For them, shopping is a political act, and they want their purchases to reflect their convictions.

3. The Rise of the Circular Economy

Generation Z is increasingly embracing alternative consumption models like the circular economy. They often prefer buying second-hand products, renting items, or swapping goods rather than purchasing new ones. This reflects their desire to reduce waste and promote more responsible consumption.

Platforms like Vinted, Depop, and The RealReal have thrived due to this trend, allowing young consumers to shop more sustainably while staying fashionable.

4. Personalization and the Customer Experience

Generation Z values individuality and seeks products that reflect their unique identity. They are drawn to personalized experiences, whether in the product itself or in the purchasing process. Brands that offer customization options—whether it’s bespoke clothing, beauty products tailored to their skin type, or personalized recommendations based on their shopping habits—are more likely to capture the attention of these consumers.

Moreover, this generation expects seamless, interactive, and immersive shopping experiences, both online and in-store. New technologies such as augmented reality, chatbots, and AI-based recommendation tools play a crucial role in enhancing this experience.

5. The Importance of Social Media and Digital Influence

Generation Z is a hyper-connected generation for whom social media is more than just communication platforms—they are channels for inspiration, discovery, and shopping. Instagram, TikTok, YouTube, and Snapchat are their primary sources of information and trends.

Influencers play a central role in their purchasing decisions. However, unlike previous generations, Gen Z prefers following micro-influencers or content creators who seem more authentic and relatable. They are also more likely to follow influencers who are engaged in causes that align with their values.

Conclusion

Generation Z is transforming the consumer landscape with its high expectations for authenticity, sustainability, and personalization. For brands, this represents both a challenge and an opportunity. Those who can adapt to these new trends by integrating more transparent, sustainable, and consumer-centric practices will not only capture the attention of this generation but also build a lasting and meaningful relationship with them.

Companies must rethink their strategies to meet the demands of a generation that no longer settles for the status quo but actively seeks to shape a better future through their consumption choices.