General Environmental Trends

The target market of Alloy Inc is the extension Y , also labeled as the Echo Boomers and the Millennials , which includes concourse born among 1981 and 1991 . The demographics , habits and characteristics of the people in the specified age bracket ar an weighty factor that needs to be considered by AlloyOpinions and judgments atomic number 18 usually formed during the teen years of a just aboutone , thereby understanding the technological environment engulfing the Millenials is important . The Generation Y grew up in the era of computers and mobile phones thus are quick to adopt technological innovations and ideas (Daft , 2001Factors regarding their general place towards advertise trends trust in media and celebrity endorsements as tumesce as the power to influence impulsive buying among friends and family as salubr ious need consideration as well .

The financial trounce currently engulfing the entire world might require whatever in depth analysis to determine its impact on the shopping attributes of the Millenials and thereby will decide the proper barbel to mall based and on-campus marketing programs . The high affinity for celebrities tends to strongly influence consumer buying patterns and this attitude can to be undercover agent through past trends and records . The trend to stay single for long-dated has been observed in this generation leading to a more than prolonged financial dependence on parents and a stronger worked up attachment towards family values (Robbins Judge , 2004 . Ther e has been an increased furore on social r! esponsibilities therefore , advertising , marketing campaigns and products scintillation environmental friendliness , wild life perseverance and any(prenominal) other social...If you want to get a full essay, dedicate it on our website: OrderEssay.net

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