WHO ARE WE TARGETING?
It’s important to note that while gen z claims to consume the least alcohol, they are the most likely of any generation to try new brands.
Alcohol Consumption by Generation1:
38% of Gen Z
62% of Millennials
62% Gen X
57% of Boomers
77% of Gen Z adults say they make an effort to try new brands, the highest share of any generation2.
HOW ARE WE TARGETING THEM?
Studies show that word-of-mouth recommendations & in store promotions are the most common channels of discovery for new alcohol brands.
Most Common Channels of Discovery3:
Primary Reasons:
- Word-of-Mouth Recommendations
- In Store Promotions
Secondary Reasons:
- TV Advertisements
- Social Media
- Online Reviews and Advertisements
WHY ARE CONSUMERS SWITCHING BRANDS?
Better is the keyword: Better product quality, deals, & customer service.
Reasons Customers Will Switch Brands4:
- 70% for Better Product Quality
- 61% for Better Deals
- 58% for Better Customer Service Experience
- 56% for More Product Availability
- 55% More Convenience
- 46% for Better Product Selection
- 25% for Aligned Values
This article has been published in the Association of National Advertisers (ANA) Marketing Knowledge Center. Click here to visit their blog.
Sources:
- YouGov Profiles Data Presentation | Millennial & Gen Z Perceptions of the Wine Industry
- Morning Consult | Gen Z Shopping Habits: Why They Love New Brands
- YouGov | Launching a new alcoholic drink?
- Forbes | Top Customer Experience Trends In 2024