How to target Millennials?
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Millennials will have an estimated $170 billion to spend per year, according to Forbes. However getting them to spend it may not be as easy, as IRI Worldwide reported that 87% place cost as a key driver behind their brand selection compared to 70% for brand reputation.
The infographic below, from TFM&A Insights, also looks at other key stats for the millennial generation:
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