Get on Top of 2020’s Hottest Upcoming genYZ Trend: Voting!
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The 2018 U.S. midterm elections saw a dramatic increase in voter participation for younger generations. Here’s what brands and companies need to know about Millennial and Gen Z voter turnout to build consumer equity through the 2020 election and beyond.
We’re less than 100 days from the 2020 presidential election. Over the past weeks, we’ve heard many of our members ask what they can do to best activate on this major, and majorly controversial, occasion. Our answer? Get out the vote.
Recent work by researchers at the Harvard Kennedy School reveals how leading brands have approached voter participation initiatives as part of a strategy for “meeting consumer expectations for engagement in social and political issues, raising brand awareness with new audiences, and increasing employee satisfaction.” In 2020, Gen Z and Millennial consumers will be at the heart of this strategy.
It has long been the conventional wisdom that younger Americans are less likely to vote than retirees who have fewer pressures on their time. But if you take a closer look at the data, a different story emerges – younger consumers value voting more than older generations did at their age.
Just look at voter participation rates. Comparing turnout in the first midterm and presidential elections for Gen X (1990 and 1988), Millennials (2006 and 2004), and Gen Z (2018 and predicted for 2020), we see a clear upward trend. While only 23 percent of eligible Gen X and Millennial consumers voted in their first midterms, 30 percent of Gen Z did. And Collage Group research estimates that at least 59 percent of eligible Gen Z consumers will cast their ballots in 2020, a significant majority compared to previous generations.
What does this all mean for brands and companies? If you want younger consumers to recognize your efforts in promoting social causes, voting must be top of mind. There are plenty of organizations you can partner with and support to accomplish this goal, including:
As part of either these strategic partnerships or your own campaigns, you need to be able to communicate effectively with youth consumers on the issues that matter to them. Out of the box thinking is needed to connect with potential voters who have not already been convinced by the existing messages thrown their way, and brands can take the lead in pushing for such innovation.
https://www.collagegroup.com/wp-content/uploads/2020/08/tiffany-tertipes-Lpx4pKtA7Ts-unsplash-scaled-e1595872139278.jpg4651500Katie Hocksteinhttps://www.collagegroup.com/wp-content/uploads/2021/04/Collage-Group-Main_167-space.pngKatie Hockstein2020-08-03 21:44:222021-01-11 20:29:12Get on Top of 2020’s Hottest Upcoming genYZ Trend: Voting!