CRACKING THE CODE: HOW MULTICULTURAL & GEN Z RESHAPE MAINSTREAM MARKETING

Summary from the TLDR Marketing newsletter

This report surveyed over 2,300 US consumers to look at the impact of Black/African American, Hispanic/Latin, AAPI, and LGBTQIA+ consumers’ brand perceptions and purchase behaviors, with a focus on Gen Z. 81% of Gen Z said that diverse voices have either some or a large amount of influence on them when making decisions. 57% of all consumers say that multicultural people have a big influence on their brand preferences and choices. Brands should prioritize outreach to multicultural and diverse consumers as opposed to adopting a siloed approach.