{"title":"Y AND Z GENERATIONS PREFERENCES FOR WORD-OF-MOUTH MARKETING","authors":"Teona Tavdishvili Teona Tavdishvili, Ekaterine Maglakelidze Ekaterine Maglakelidze","doi":"10.36962/nec18042023-55","DOIUrl":null,"url":null,"abstract":"This article discusses the differences in generational preferences for word-of-mouth marketing. Differences between Generations Y and Z regarding different forms and sources of marketing are evaluated.\nThe research objective was to discuss and analyze the results of the social-media campaign achieved by the non-governmental organization “Safari” through the developed strategy in a specific reporting period in order\nto find out whether the differences exist in the preferences of generation Y and Z for WOM marketing.\nTo meet the research objective, the complete process of Word-of-Mouth (WOM) marketing planning and implementation was identified, each component of the communication activities cycle has been studied and the\nrole of influencers in obtaining the desired responses from Gen Z toward the application “Safe YOU” has been evaluated. Applied method is the observation and content-analyses.\nThe findings reveal that Generation Y exhibits a notable inclination toward seeking information via recommendations and evaluations predominantly from various sources, including Facebook. Among the various tools used, including Facebook, photo and video content are the most effective. This reliance on input from strangers signifies an evolving trend in trust dynamics, emphasizing the significance of online credibility and collective feedback in their decision-making process.\nIn contrast, Generation Z demonstrates a marked preference for influence marketing, relying heavily on information sourced directly from influencers. Mirroring older generational behavior, Generation Z exhibits a parallel\ndependence on social networks as a primary information conduit.\nThese findings underscore the importance of tailored marketing strategies that acknowledge and adapt to the unique preferences of each generation.\nKeywords: Influence Marketing, Generation Y, Generation Z, Consumer preferences, Marketing Strategies","PeriodicalId":252272,"journal":{"name":"The New Economist","volume":"47 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The New Economist","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.36962/nec18042023-55","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This article discusses the differences in generational preferences for word-of-mouth marketing. Differences between Generations Y and Z regarding different forms and sources of marketing are evaluated.
The research objective was to discuss and analyze the results of the social-media campaign achieved by the non-governmental organization “Safari” through the developed strategy in a specific reporting period in order
to find out whether the differences exist in the preferences of generation Y and Z for WOM marketing.
To meet the research objective, the complete process of Word-of-Mouth (WOM) marketing planning and implementation was identified, each component of the communication activities cycle has been studied and the
role of influencers in obtaining the desired responses from Gen Z toward the application “Safe YOU” has been evaluated. Applied method is the observation and content-analyses.
The findings reveal that Generation Y exhibits a notable inclination toward seeking information via recommendations and evaluations predominantly from various sources, including Facebook. Among the various tools used, including Facebook, photo and video content are the most effective. This reliance on input from strangers signifies an evolving trend in trust dynamics, emphasizing the significance of online credibility and collective feedback in their decision-making process.
In contrast, Generation Z demonstrates a marked preference for influence marketing, relying heavily on information sourced directly from influencers. Mirroring older generational behavior, Generation Z exhibits a parallel
dependence on social networks as a primary information conduit.
These findings underscore the importance of tailored marketing strategies that acknowledge and adapt to the unique preferences of each generation.
Keywords: Influence Marketing, Generation Y, Generation Z, Consumer preferences, Marketing Strategies
本文讨论了各代人对口碑营销的偏好差异。研究目的是讨论和分析非政府组织 "野生动物园 "在特定报告期内通过所制定的战略开展社交媒体活动所取得的成果,从而找出 Y 世代和 Z 世代对口碑营销的偏好是否存在差异。为实现研究目标,确定了口碑营销(WOM)规划和实施的完整流程,研究了传播活动周期的每个组成部分,并评估了影响因素在获得 Z 世代对应用程序 "安全 YOU "的预期反应方面所起的作用。研究结果表明,"Y一代 "明显倾向于主要从包括Facebook在内的各种渠道通过推荐和评价来寻求信息。在包括 Facebook 在内的各种工具中,照片和视频内容最为有效。这种对陌生人意见的依赖标志着信任动态的演变趋势,强调了网络可信度和集体反馈在决策过程中的重要性。与此相反,Z 世代明显偏好影响力营销,主要依赖直接来自有影响力者的信息。这些发现强调了量身定制营销战略的重要性,这些战略应承认并适应每一代人的独特偏好:影响营销 Y世代 Z世代 消费者偏好 营销策略