Amazon displaces Apple as millennials’ favorite brand
Amazon is the favorite brand among millennials, according to a new survey from Moosylvania. The company ousted Apple from the number one spot, which held it for the past six years.
It’s official: Millennials love Amazon more than any other brand. That’s according to a new study from digital agency Moosylvania, which for the seventh year in a row conducted a national survey asking consumers between the ages of 19 and 39 to identify their three favorite brands, reports Business Insider.
Apple held the top spot on Moosylvania’s top 100 list for six years and is being overshadowed by Amazon for the first time, the company recently announced.
Apple landed in the second spot this year, with Nike placing in third, Walmart taking the fourth spot, and Target ranking in fifth. The survey was based on responses from 1,000 millennials. Other tech giants, Samsung and Google, placed in sixth and seventh respectively.
Millennials are defined by the Pew Research Center as referring to the generation born between 1981 and 1996.
It’s not surprising to learn that two of the world’s largest technology were among millennials’ most beloved brands.
“Technology, in particular the rapid evolution of how people communicate and interact, is another generation-shaping consideration,” Michael Dimock, president of the Pew Research Center, wrote in a report outlining the definition of the millennial generation and its successor, generation Z. “Baby boomers grew up as television expanded dramatically, changing their lifestyles and connection to the world in fundamental ways. Generation X grew up as the computer resolution was taking hold, and Millennials came of age during the internet explosion.”
More Amazon news
Amazon is coming to Israel
Amazon to Launch in Israel in September Amazon has set its launch in Israel for September. Israeli Amazon retailers received notice of the planned launch earlier this week. Amazon is set to release a large campaign to increase awareness among Israelis,...
Amazon updates suspension policy for third-party sellers
New seller terms worldwide after German antitrust action Amazon made sweeping changes to its suspension policy for third-party sellers this week, following an intervention by Germany’s Federal Cartel Office. As part of a settlement it reached with German...
Amazon satellite project is a ”$100 billion opportunity”
Amazon plans to launch thousands of Internet satellites Amazon is looking to expand its empire and Morgan Stanley believes Jeff Bezos’ ambitious satellite internet plan may become one of its most lucrative businesses. Called Project Kuiper, Amazon aims to...