+ All Categories
Home > Business > A.T. Kearney Consumers@250 (November 2017)

A.T. Kearney Consumers@250 (November 2017)

Date post: 21-Jan-2018
Category:
Upload: at-kearney
View: 138 times
Download: 0 times
Share this document with a friend
11
Consumers@250 Request a briefing
Transcript
Page 1: A.T. Kearney Consumers@250 (November 2017)

Consumers250 Request a briefing

Consumers250

2026 will be the first six-generationconsumer market

Source US Census Bureau

SilentGeneration

AlphaGeneration

BabyBoomers Gen X

Millennials Gen Z

1928ndash1945

2017ndash

1946ndash1964 1965ndash1980

1981ndash1997 1998ndash2016

14 million 43 million66 million 65 million 80 million 82 million

Request a briefing

Their journeyto 2026 will bemarked by thetension betweenaluence andinfluence

Consumers250 Request a briefing

Consumers250

Massproduction

Massmarketing

Massdistribution

In the Aluence model mass marketshave thrived on three assumptions

Request a briefing

Consumers250 Request a briefing

An emerging Influencemodel with the individualat the center will challengethese assumptions

Influence is the ability to movemarkets with the outsized powerof an individual voice

Consumers250 Request a briefing

Demographicshifts

Hyper-connectivity

Evolvingconsumption

patterns

The drivers of change arehappening today

Consumers250 Request a briefing

Demographic and economic trendsare challenging the Aluence model

Bigger Older More diverse

Less traditional More unequal More urban

Consumers250 Request a briefing

Source AT Kearney NPD Survey

All generations are approachingconstant connectivityDaily connectivity by generation How often do you connect to the Internet

Constantly connected

SilentGeneration

BabyBoomers

Gen XMillennialsGen Z

292911106

Sporadically connected

7171899094

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 2: A.T. Kearney Consumers@250 (November 2017)

Consumers250

2026 will be the first six-generationconsumer market

Source US Census Bureau

SilentGeneration

AlphaGeneration

BabyBoomers Gen X

Millennials Gen Z

1928ndash1945

2017ndash

1946ndash1964 1965ndash1980

1981ndash1997 1998ndash2016

14 million 43 million66 million 65 million 80 million 82 million

Request a briefing

Their journeyto 2026 will bemarked by thetension betweenaluence andinfluence

Consumers250 Request a briefing

Consumers250

Massproduction

Massmarketing

Massdistribution

In the Aluence model mass marketshave thrived on three assumptions

Request a briefing

Consumers250 Request a briefing

An emerging Influencemodel with the individualat the center will challengethese assumptions

Influence is the ability to movemarkets with the outsized powerof an individual voice

Consumers250 Request a briefing

Demographicshifts

Hyper-connectivity

Evolvingconsumption

patterns

The drivers of change arehappening today

Consumers250 Request a briefing

Demographic and economic trendsare challenging the Aluence model

Bigger Older More diverse

Less traditional More unequal More urban

Consumers250 Request a briefing

Source AT Kearney NPD Survey

All generations are approachingconstant connectivityDaily connectivity by generation How often do you connect to the Internet

Constantly connected

SilentGeneration

BabyBoomers

Gen XMillennialsGen Z

292911106

Sporadically connected

7171899094

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 3: A.T. Kearney Consumers@250 (November 2017)

Their journeyto 2026 will bemarked by thetension betweenaluence andinfluence

Consumers250 Request a briefing

Consumers250

Massproduction

Massmarketing

Massdistribution

In the Aluence model mass marketshave thrived on three assumptions

Request a briefing

Consumers250 Request a briefing

An emerging Influencemodel with the individualat the center will challengethese assumptions

Influence is the ability to movemarkets with the outsized powerof an individual voice

Consumers250 Request a briefing

Demographicshifts

Hyper-connectivity

Evolvingconsumption

patterns

The drivers of change arehappening today

Consumers250 Request a briefing

Demographic and economic trendsare challenging the Aluence model

Bigger Older More diverse

Less traditional More unequal More urban

Consumers250 Request a briefing

Source AT Kearney NPD Survey

All generations are approachingconstant connectivityDaily connectivity by generation How often do you connect to the Internet

Constantly connected

SilentGeneration

BabyBoomers

Gen XMillennialsGen Z

292911106

Sporadically connected

7171899094

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 4: A.T. Kearney Consumers@250 (November 2017)

Consumers250

Massproduction

Massmarketing

Massdistribution

In the Aluence model mass marketshave thrived on three assumptions

Request a briefing

Consumers250 Request a briefing

An emerging Influencemodel with the individualat the center will challengethese assumptions

Influence is the ability to movemarkets with the outsized powerof an individual voice

Consumers250 Request a briefing

Demographicshifts

Hyper-connectivity

Evolvingconsumption

patterns

The drivers of change arehappening today

Consumers250 Request a briefing

Demographic and economic trendsare challenging the Aluence model

Bigger Older More diverse

Less traditional More unequal More urban

Consumers250 Request a briefing

Source AT Kearney NPD Survey

All generations are approachingconstant connectivityDaily connectivity by generation How often do you connect to the Internet

Constantly connected

SilentGeneration

BabyBoomers

Gen XMillennialsGen Z

292911106

Sporadically connected

7171899094

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 5: A.T. Kearney Consumers@250 (November 2017)

Consumers250 Request a briefing

An emerging Influencemodel with the individualat the center will challengethese assumptions

Influence is the ability to movemarkets with the outsized powerof an individual voice

Consumers250 Request a briefing

Demographicshifts

Hyper-connectivity

Evolvingconsumption

patterns

The drivers of change arehappening today

Consumers250 Request a briefing

Demographic and economic trendsare challenging the Aluence model

Bigger Older More diverse

Less traditional More unequal More urban

Consumers250 Request a briefing

Source AT Kearney NPD Survey

All generations are approachingconstant connectivityDaily connectivity by generation How often do you connect to the Internet

Constantly connected

SilentGeneration

BabyBoomers

Gen XMillennialsGen Z

292911106

Sporadically connected

7171899094

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 6: A.T. Kearney Consumers@250 (November 2017)

Consumers250 Request a briefing

Demographicshifts

Hyper-connectivity

Evolvingconsumption

patterns

The drivers of change arehappening today

Consumers250 Request a briefing

Demographic and economic trendsare challenging the Aluence model

Bigger Older More diverse

Less traditional More unequal More urban

Consumers250 Request a briefing

Source AT Kearney NPD Survey

All generations are approachingconstant connectivityDaily connectivity by generation How often do you connect to the Internet

Constantly connected

SilentGeneration

BabyBoomers

Gen XMillennialsGen Z

292911106

Sporadically connected

7171899094

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 7: A.T. Kearney Consumers@250 (November 2017)

Consumers250 Request a briefing

Demographic and economic trendsare challenging the Aluence model

Bigger Older More diverse

Less traditional More unequal More urban

Consumers250 Request a briefing

Source AT Kearney NPD Survey

All generations are approachingconstant connectivityDaily connectivity by generation How often do you connect to the Internet

Constantly connected

SilentGeneration

BabyBoomers

Gen XMillennialsGen Z

292911106

Sporadically connected

7171899094

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 8: A.T. Kearney Consumers@250 (November 2017)

Consumers250 Request a briefing

Source AT Kearney NPD Survey

All generations are approachingconstant connectivityDaily connectivity by generation How often do you connect to the Internet

Constantly connected

SilentGeneration

BabyBoomers

Gen XMillennialsGen Z

292911106

Sporadically connected

7171899094

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 9: A.T. Kearney Consumers@250 (November 2017)

Consumers250 Request a briefing

The signals of evolving consumptionpatterns are already here

Access over ownership Experience over ldquosturdquo

Convenienceand community Values vs value

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 10: A.T. Kearney Consumers@250 (November 2017)

Consumers250 Request a briefing

The result a fundamental change

Consumers

Consumption drivers

Relationships

Business models

Marketing

Need to understand

Aluence model

ldquoI am what I ownrdquo

Value

Transaction-based

Static

One size fits all

The big trends

Influence model

ldquoI am what I dordquo

Values

Trust-based

Dynamic

Personalized

The signals

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250

Page 11: A.T. Kearney Consumers@250 (November 2017)

AT Kearney is a leading global management consulting firm with oices in 40 countries Since 1926 we have been trusted advisors to the worldrsquos foremost organizations AT Kearney is a partner-owned firm committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues For more information visit wwwatkearneycom

Request a briefing Read more insights

AT Kearneyrsquos Consumers250examines the future state of retail andconsumers For more information

Consumers250


Recommended