Millennial Facts & Stats

  • Percentage of Millennials who will trust a company more if it is socially/environmentally responsible: 83%
  • E-commerce and online auctions account for $219 billion in annual spending
    Average annual growth rate is above 10%
  • Consumers who have made purchases with their smartphone:
    Ages 18-34: 51%
    Ages 55-64: 18%
  • Business success should be measured by more than just profits:
    Millennials: 92%
    Business leaders: 71%
  • 83% of Millennials sleep with their cell phones
  • Millennials are far more involved in rating products and services online
    Millennials: 60%
    Non-Millennials: 46%
  • Percentage of Millennials who feel personally responsible for making a difference in the world: 61%
  • Millennials are far more likely to upload videos, images, and blog posts to the Web
    Millennials: 60%
    Non-Millennials: 29%
  • Use a mobile device to read user reviews and to research products while shopping
    Millennials: 50%
    Non-Millennials: 21%
  • Likely to explore brands on social networks
    Millennials: 53%
    Non-Millennials: 37%
  • Millennials who own a laptop: 86%
  • Find mobile apps somewhat or very convenient when buying something online
    Millennials: 58%
    Aged 55-65: 26%
  • When making purchases, more likely to favor brands that have Facebook pages and mobile websites
    Millennials: 33%
    Non-Millennials: 17%
  • Own a smartphone:
    Millennials: 59%
    Non-Millennials: 33%
  • Use gaming platforms
    Millennials: 67%
    Non-Millennials: 41%

Sources:

Time
Market Strategies
BCG
Ibis World

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