Millennials and GenZ says that they prefer a brand founded by someone they trust or admire.

Sanjay Chandran
3 replies
In today’s marketplace, who you are matters as much as what you sell. A brand is no longer just a logo or a catchy slogan; it’s a story, a mission, and, most importantly, a reflection of the creator behind it. A recent survey shows the generational shift in how consumers perceive and interact with brands. 56% of GenZ have said that they prefer a brand founded by someone they trust or admire. With millennials, that number was 63 %. They seek a personal connection, a story that resonates, and a founder who is a testament to the brand’s authenticity. In contrast, only 21% of Boomers consider the founder's identity a crucial factor in their purchasing decisions. Creator-founded brands have seen a remarkable surge in popularity, with 44% of Gen Z and 52% of Millennials expressing a preference for them. These numbers dwindle to 12% among Boomers, underscoring the evolving dynamics of brand loyalty. Building a personal brand is not a luxury but a necessity in this era where the individual and the professional are intricately linked. It’s more than a professional asset; it’s a digital identity, a personal story that underscores your journey, values, and mission. As the lines between the creator and the brand blur, consumers are not just investing in a product but in a person, a narrative, and an experience. If you’re an entrepreneur, a creator, or anyone with a vision to share, now is the time to invest in building your brand. Your story, authenticity, and individuality are your distinct advantages in a world of choices. They are the pillars that will attract and retain a loyal following in a marketplace increasingly valuing connection, authenticity, and individuality. What are your thoughts about this shift in perception?

Replies

Eden
I totally agree, that's why most my engagement is on my personal profile and not my company one
Daniel Zaitzow
I think there is some validity there - we aspire to be like people not conglomerates. That is why the "Be Like Mike" Gatorade campaigns worked so well and why Kylie Jenner is one of the biggest names in the makeup industry (Billionaire If I am not mistaken)
MelaniaJH
Very similar to the truth. I have such a personal example - Tom Ford. I don’t care that his fragrances cost much less than the real price)