A new report from Adroit Digital compares Millennials’ shopping behaviors and advertising preferences with those of their older counterparts. While Adroit points out that a great deal of research closely examines generational behaviors and attributes, this report focuses on behaviors, particularly how Millennials shop, consume content and respond to advertising as compared with older shoppers. Adroit Digital conducted a study to ask Millennials and those 35 and older about their shopping and content consumption habits. The study was fielded from April 24, 2015, through May 24, 2015 and targeted a random sample of 1,000 US and Canadian consumers who self-identified as 18–34 years of age and who owned both a smartphone and a personal computer, and 500 US and Canadian consumers who self-identified as age 35 and older and owned both a smartphone and a personal computer.
Key findings include:
- Both Millennials and those 35 and older do the majority of retail browsing in-store—57% and 61%, respectively.
- When it comes to which online social medium affects retail purchases the most, both Millennials and those 35+ chose online review sites, 55% and 54%, respectively.
- The majority of respondents are also more likely to click on a mobile ad over a desktop ad—55% of those 18–34 and 52% of those 35+.
- The majority of survey respondents replied that online and/or mobile advertising does affect what they purchase—75% of those 18–34 and 73% of those 35+.
- Millennials are slightly more likely to click on a native ad than a banner ad—81% compared with 75% of those 35+.
- Millennials are slightly more bothered by advertisers’ remarketing efforts—83% of those 18–34 vs. 77% of those 35+.
- When it comes to noticing ads between devices, the majority of both age groups surveyed report that ads on their mobile devices grab their attention more than ads on PCs.