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
Google introduces Cloud Retail Search
Google introduces a new search tool for retailers With Retail Search, retailers can bring "Google-quality" search capabilities to their own digital platforms. This week Google announced Google Cloud Retail Search, a new tool to help retailers improve the product...
Live shopping is the new trend in online retail
European customers are open to live shopping Live shopping is one of the big e-commerce trends in 2021, writes e-commerce-magazin.de. This format has already become the standard for online shopping in China. Chinese influencers take customers on a shopping tour via...
Influencers are the key to Generation Z’s heart
Influencers are the way to reach and engage Gen-Z shoppers Generation Z accounts for more than 40 percent of consumers in the U.S. With a collective annual spending power estimated at $143 billion, this group is projected to be the largest consumer population in the...