
The Millennials (also called Gen Y) are described as confident, self-expressive, liberal, upbeat, and open to change, according to Pew Research via Forbes.com.
In said article, the Millennial demographic comprises more than 50 million Americans of ages 18-29 – the generation of young ones to be first of passing into adulthood in the new millennium. Accordingly, it’s noting that for retailers and brand marketers, the Millennials have created a conundrum; and these people, 90% of them, are poised of meeting their long-term financial goals.
Buying preferences and behaviors
Despite the impact of recession in America the Millennial consumers were able to record $784 a month on discretionary expenses, most went to food and entertai...
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