Millennials (young adults ages 16-27) not only look for more rich media but also greatly influence the buying decisions for home as well as mobile technologies and services, according to the initial results of a Motorola study, MarketingChart reports (via MediaPost).
The study, commissioned by Motorola’s Home & Networks Mobility group, explores how the preferences and habits of Millennials are shaping the future of content consumption.
Greater Expectations
Motorola’s findings pinpointed the differences in Millennials’ expectations and the influence that they are already exerting over buying decisions of their parents for video and broadband products and services (view chart):
High-Definition on My Own Time
Millennials are hungry for more control over when and where they access rich content. The ability to time-shift with DVRs and have access to HD programming were both highly desirable features (see charts):
“With the Millennial generation, connectivity is an absolute must-have, as they’ve grown up with technology and the internet,” said Eduardo Conrado, corporate VP, global marketing and communications, Motorola Inc. “Millennials are now looking to make their connectivity more personalized and take experiences from ‘primetime’ to ‘my time.’”
The Content I Want, Wherever I Want it
Millennials further expressed their “on demand” mind-set, indicating they prefer to watch programming or access content on their own terms and timeline, regardless of where that content originated (see charts):
About the study: Findings of Motorola’s Millennial Generation Study are based on an online panel survey among 1,000 members of the Millennial generation in the United States, age 16-27, April 18-23, 2008. The sample included 500 men and 500 women. Millennials account for 17% of the total US population.
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