Gen Z’s Takeover: How Brands Can Win Over the Most Influential Generation
Generation Z (those born between 1997 and 2012) has become one of the most influential consumer groups. Accounting for 30% of the total population, it has surpassed millennials as the largest generation group. This generation's purchasing power is substantial, with estimates of $140 billion in direct buying power, a figure that expands significantly when considering their influence on family spending.?
With the share of Gen Z’s expected to grow to one-third by 2030, they are grabbing more attention from beauty brands too. Gen Z consumers spend more on skin care than any other age group. Women particularly expect to spend the most on personal-care products and services compared to Gen X-ers and baby boomers.?
Why Does Gen Z Spend So Much on Personal Care?
It is the way of self-expression
For Gen Z, personal care goes beyond simple hygiene or aesthetics. It’s a form of self-expression. Unlike previous generations, Gen Z doesn’t adhere to conventional beauty standards, instead embracing true-selves (opposite from aiming for perfection). They see skincare and personal care as a way to express their identity.?
It is an integral part of their overall well-being
Gen Z has grown up in an era where mental health and emotional wellness are prioritized. They view personal care, particularly skincare, as an essential part of their overall well-being. A study by Euromonitor found that Gen Z links beauty with emotional and physical wellness, seeing it as a means to feel better about themselves, both mentally and physically.?
Influenced by Social Media
The impact of social media cannot be underestimated. Gen Z is deeply immersed in platforms like TikTok and Instagram, where skincare routines and product reviews are widespread. Social influencers play a critical role in shaping beauty habits and product choices for this generation. Viral trends like "skinimalism," where minimalism in skincare is celebrated, are popular, yet this minimalism still involves carefully curated products that reflect Gen Z's desire for authenticity and efficacy.
领英推荐
What does Gen Z look for in beauty brands?
Generation Z is a unique consumer group, and their expectations from beauty brands go beyond traditional marketing and product offerings. To resonate with this generation, brands must align with their values.?
How to make your beauty brand attractive to Gen Z?
Achieving brand loyalty can be particularly challenging when it comes to Gen Z. This generation is highly demanding, values-driven, and keen on exploring new products, making it harder for brands to maintain long-term loyalty.
We at Haut.AI can help beauty brands with one of the key strategies to foster loyalty, and that is providing advanced AI skin assessment tools that offer the level of personalization Gen Z craves. By combining this personalization with innovative technology, brands can truly stand out in the eyes of this tech-savvy group.?