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23 Millennial Stats That Marketers Need to Know

Brands consult a web design company in India to create an attractive website for visitors. But to that properly, it is very important to know about the audience. It is very important to know about the section of the world that might be interested in your products and services.

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23 Millennial Stats That Marketers Need to Know

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  1. 23 Millennial Stats That Marketers Need to Know https://damiestech.tumblr.com/post/648323523450945536/millennial-stats-for-marketers

  2. Brands consult a web design company in India to create an attractive website for visitors. But to that properly, it is very important to know about audience. It is very important to know about the section of world that might be interested in your products and services. One should grid and collects enough data so that it becomes easy for him to create a web design that can provide maximum reach. Given below are 23 stats about millennials that can help you to create an amazing website of your business.

  3. There are 831 million millennials on this earth which represents ¼ of the world population. • The millennial generation of the US spends $600 billion per year. • Millennials are projected to spend $1.4 trillion on shopping in 2021. • Millennials make up half of the workforce.

  4. Millennials spend a mean of 7.2 hours online every day. • 71% of millennials do online shopping regularly via mobile devices. • On average, millennials watch online videos for two .4 hours per day. • Millennials spend almost 2.5 hours on social media daily.

  5. More than 94% of millennials actively use digital coupons. • Millennials can pay attention to online content for a mean of 12 seconds, or four seconds quite Gen Z consumers. • 74% of millennials buy products online a minimum of once monthly. • 40% of millennials check online reviews and testimonials of a product or service before spending their money on it.

  6. 83% of millennials take help of online content before purchasing decisions. • 15% of millennials were still living with their parents in 2018. • More than 60% of millennials have student debt of over $10,000. • 52% of millennials carry over debt on their credit cards.

  7. Back in 2016, loans were already an enormous concern to millennials as 52% of millennials were worried they’d default within the next 10 months. • It’s anticipated that one in four millennials won’t marry by their early 50s. • Despite misconceptions that millennials overspend, 60% of them will save by buying a generic product over a brand name. • About 43% of millennial females and 36% of millennial males have a minimum of a baccalaureate.

  8. In 2018, 80% of millennials had worked for his or her employer for a minimum of 13 months. • Millennials are now the second-largest electorate population within the U.S., after Baby Boomers. • In the 2016 presidential election, 51% of eligible millennial voters turned up at the polls.

  9. Provided data was collected by trusted sources like Accenture and Adobe. It is 100% practical and can be used for business strategies. If for some reason you are not able to implement these strategies for your business, then consulting a web design company in India will be really helpful for you.

  10. Thank You https://damiestech.tumblr.com/post/648323523450945536/millennial-stats-for-marketers

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