5th out of 16 books
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Gen Buy: How Tweens, Teens, and Twenty-Somethings Are Revolutionizing Retail
Discover the forces driving the decisions of today's most sought after consumers
According to recent statistics, members of Generation Y shop 25 percent to 40 percent more than the average consumer. In "Gen BuY," Yarrow and O'Donnell argue that these voracious and fearless consumers have revolutionized the way Americans shop by turning traditional sales and marketing strate...more
According to recent statistics, members of Generation Y shop 25 percent to 40 percent more than the average consumer. In "Gen BuY," Yarrow and O'Donnell argue that these voracious and fearless consumers have revolutionized the way Americans shop by turning traditional sales and marketing strate...more
Hardcover, 250 pages
Published
September 1st 2009
by Jossey-Bass
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Maybe I'm alone in this, but I don't actually love reading gross oversimplifications and generalizations about my generation with the sole purpose of convincing me to increase my consumption. The authors repeatedly mention how much research they conducted for this book, but it seemed like the same few "revelations" trotted out over and over again. Not much new.
Here are some snippets:
"Gen Yers have known only one world--one in which they can get what they want when they want it."(10)
"Once the mos...more
Here are some snippets:
"Gen Yers have known only one world--one in which they can get what they want when they want it."(10)
"Once the mos...more
I'm not a Gen Yer unfortunately. By definition, I was born 4 years too early. And it seems, 4 years is a wider gap than I thought.
Illuminating is how I judge this book as it describes the American Gen Yers so clearly. I must admit that the American Gen Yers are far more sophisticated than other Gen Yers across the globe. I mean, how can a flashlight be an essential item for prom?.....sigh, only in America.
The authors described how retailers are bending over backwards to cater to this group. One...more
Illuminating is how I judge this book as it describes the American Gen Yers so clearly. I must admit that the American Gen Yers are far more sophisticated than other Gen Yers across the globe. I mean, how can a flashlight be an essential item for prom?.....sigh, only in America.
The authors described how retailers are bending over backwards to cater to this group. One...more
Right off the bat, I'm going to admit to not reading the additional essays that followed the book. I chose not to because at this point I was full up on information about the spending/buying habits of the groups mentioned in the book.
On the other hand, the book was a lot more interesting than I thought it would be. It kept my attention long enough to finish the book minus the short essays at the end. Especially interesting was how the authors used data and facts and combined them with interviews...more
On the other hand, the book was a lot more interesting than I thought it would be. It kept my attention long enough to finish the book minus the short essays at the end. Especially interesting was how the authors used data and facts and combined them with interviews...more
Yarrow, professor of marketing and psychology at Golden Gate University, and O'Donnell, a retail and automotive reporter for USA Today, share the results of their extensive research (including focus groups in several cities across the country) into the buying habits of those born after 1979.
I liked that they distinguished between older (20-something) and younger(teen and tween) members of Gen Y, because that's a distinction I think is very true and not always recognized. They clearly did a lot...more
Thin study of the millennial generation. Some interesting reporting on how various retailers are adapting to Generation Y, but the authors spend a lot of time harping on how the Yers are idealistic, tuned to technology, and determined to Keep It Real. All of which is true, but it was also true for the Xers, the Baby Boomers, and every teenager I can think of back to Romeo, Juliet, and Arthur Pendragon. Don Tapscott had the same theme, but he had a lot more interesting things to say about it.
Some interesting research, but a lot of it is repetitive. I read about lingerie in this book multiple times and how important it is. One plus for this title vs so many others of this ilk - it distinguishes that there is a significant difference in "Gen Y" from those over 21 and those under. We are different worlds.
"Gen BuY: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail" is a very informative book. I would definitely recommend it to any businessperson who has a product or service that is being sold to Gen-Y customers. I also recommend it to any person who wants to learn how companies are using technology to market to potential customers. Furthermore, the authors of the book list many cool websites and apps, making it a useful book for consumers of all ages (especially parents with Gen-...more
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