Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Raj Sarkar
Ask me to reflect on the trends in the marketing domain and one cannot escape the rapidly evolving role and impact of digital and social media. Interestingly, one of the most significant aspects of this digital progress is in the role it is playing in tying communities around the world closer together.
According to reports in Ford Trends 2015, there was a substantial eight-fold increase in global share of time spent watching videos on tablets and mobile devices between 2011 and 2013.
Just over a year ago there were 4.3 billion smartphones in the world, and in the next two years this number is set to grow to 5.1 billion, or about 80 per cent of the world’s population.
Let us go behind the trend to look at who is driving this change.
For more than a decade, the world has been focused on Gen Y, the millennial generation that has marched us through this age of digital disruption. And while Gen Y continues to both fascinate and puzzle us, behind them is another powerful cohort – Gen Z – roughly defined as those born after 1993. No one can say for sure how this group of more than two billion youth will turn out, but expectations are high.
Raised in an on-demand, impatient culture, Gen Z’s mantra is ‘good things come to those who act,’ and they aren’t going to let age, education, employment or lack of resources stop them from making their mark on the world.
With the power of social media and digital, Gen Z will demand brands to be trustworthy, open and transparent – least to mention, engaged with the audience to stay interesting. The day is not far when physical geographies will give way fully to free thinking, sharing and collaboration.
And before I leave you with that thought, according to the Ford Trends Report survey, as many as 58 per cent of adults aged 35 and above worldwide, agree that children in the future will have more in common with their global peers than they do with adults in their own country. Given the age of ‘creation and collaboration’ is set to dawn, every international trend will have the power to be adapted locally and every conversation, no matter where it originates from, will become relevant for brands anywhere, anytime.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
This Women’s Day, we discuss the features of a few financial products that aim to help you save, get insured ...
Sensex, Nifty 50 make a strong bounce-back, but test resistances
Avenue Supermarts (₹3,286.1): Makes fresh all-time highIn October last year, the stock of Avenue Supermarts ...
The exchange-traded fund ticks all boxes as an efficient tool to track gold prices
A cop, a poet, a wedding planner, an outraged wife: On International Women’s Day, a look at diverse stories ...
India’s privacy law must balance the rights of children with online safety
Muriel has put our names down on a list to get the Covid-19 vaccination because — hurrah! — the age limit has ...
They are the health warriors who battled the Covid-19 pandemic on the ground, and are now the face of the ...
Comfort, convenience, value, safety — and not necessarily the colour pink — but do brands deliver?
Why and how marketers have used camels, and left us thirsting for more
Start-up SALT wants to break feminine stereotypes around money, and is asking women to reassert agency
It’s that time of year again when brands suddenly start paying obeisance to women power. From sentimental to ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor