Karen Ramspacher of Participant Media discusses the formation of Pivot TV in this presentation from the Market Research Event. She discusses the three different approaches they took which were quantifying, examining the cultural, and experiential. Millennials are 85 million strong and are often given a bad rap. They also believe they can do anything.
|Sign for full access to this video presentation from The Market Research Event|
A survey was conducted with 3100 respondents and they found that 64% were open to the idea of creating social change. This translates to 27 million millennials that they sorted into three groups or stages. The first is the “allies” which are skewed female and enjoy the entertainment value. The second is the “clicktivists” who are skewed male and take online action. The third is the “new heroes” which was the majority and they are engaged and willing to make a change.
A brand lives in an area where the marketing, content, and culture overlap.Millennials live in a post collapse culture and and seek role models because they don’t trust anyone. They are also a positive generation and are willing to clean up the mess even though they didn’t make it.
The quest to get millennials was proven to be a difficult one. They have so many pressures and so many choices that it make it a bleak world for them. The caring and doing spectrum covers the amount someone cares and how likely they will act on someone. Using this and interviews with millennials, they found that millennials want to be challenged and believe that companies that do good things are important.
Creating a brand filter was important to Pivot TV and they need to be disruptive, credible, and brave. The mission for Pivot TV was to create social change.
Watch the video here.
About the Author:
Ryan Polachi is a contributing
writer concentrating his focus on Marketing, Finance and Innovation. He can be
reached at rpolachi@IIRUSA.com.