Tuesday, January 21, 2020
The Young Consumer: Their Value To Media Advertising And The Economy Es
The Young Consumer: Their Value To Media Advertising And The Economy An advertiser of new trend setting products often struggles with choosing a target market but now the choice is becoming clear. The young consumer market has developed itself into an empire in which companies flourish. Boys and girls ages 13-25 set the wave for what is considered cool and what isnââ¬â¢t. As a result, companies have carefully listened to what these ââ¬Å"kidsâ⬠have to say and then tried to develop products and ideas that resemble what they consider to be cool. Companies have focused their products around this up and coming group and by realizing what an impact they make, they have profited and the economy has yielded a substantial return. The question is how have several companies reached out to these individuals? Simply put, the media. Generation Y, the largest group of kids since the baby boomers, are much more media inclined which means that they have been more influenced by advertising than previous generations. The media should continue to be used as a source of advertising to young consumers because product consumption by this group is a huge benefit to the economy. The media should be used for anything that benefits the economy. Therefore the use of media advertising to influence the young consumer and vise-versa should continue because the outcome has resulted in a substantial benefit to not only the economy but, companies alike. I understand that people may consider the use of media to advertise products/ideas to young people could bring forth an unrealistic view of what everyone should be. Advertising often portrays the ââ¬Å"perfectâ⬠idea or individual and some may argue that it is unhealthy to do so because it results in things like low sel... ... On ââ¬ËOwn Voiceââ¬â¢ Mags.â⬠Advertising Age June 2004: 16 pars. Communication and Mass Media Complete. EBSCOhost. University of Denver Penrose Library, Denver. 19 Jan. 2005 . Stanley, T.L. ââ¬Å"Marketers Angle To Catch The Rising Stars.â⬠Advertising Age Aug. 2004 8 pars. Communication and Mass Media Complete. EBSCOhost. University of Denver Penrose Library, Denver. 19 Jan. 2004 . White, Amy. ââ¬Å"Pepsi ââ¬ËCelebrityââ¬â¢ Cans For Top Pop Appeal To Teens.â⬠Media Asia April 2004: 2 pars. Business Source Premier. EBSCOhost. University of Denver Penrose Library, Denver. 7 Feb. 2005 . Zollo, Peter. Wise Up To Teens. Ithaca: New Strategist Publications, 1999.
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