Demographic variables are widely used by marketers to learn about their customers’ differences in terms of age, income, gender, generations…etc. write a minimum of seven (7) pages APA formatted paper discussing the differences between generation Y (Gen Y) and generation Z (Gen Z) in terms of their shopping behavior, buying habits, and attitudes toward brands and companies.
Gen Y: Gen Y, or Millennials, were born between 1980 and 1994. They are currently between 25-39 years old.
- Gen Y.1 = 25-29 years old (31 million people in U.S. as of April, 2020)
- Gen Y.2 = 29-39 (42 million people in U.S. as of April, 2020 )
Gen Z: Gen Z is the newest generation to be named and were born between 1995 and 2015.
They are currently between 4-24 years old (nearly 74 million in the U.S.)
- How would you use Hofstede Cultural Dimensions to learn about generation Y and Z in different cultures?
- Provide a brief comparison between Generational value to the Hofstede cultural dimension
Please Refer to the screenshot posted and please make sure there is no plagiarism/copying/cheating.
