May 22, 2015 - Connexion Research & Strategy

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We already know that Millennials, or “Gen Y,” are tech savvy, connected, self-centered but, socially-conscious, and educated. And they love to spend. This makes a lot of sense, given that they grew up during one of the most prosperous and stable economic periods in American history. This makes them resilient and optimistic about their futures. Despite facing a shaky job market and a diminished value in their education, they see their future bright and full of success.

With 80 million+ strong, a current $2.45 TRILLION purchasing power, and an anticipated growth from 44% to 75% of the workforce globally by 2025, it makes sense why so many brands are interested in marketing and selling to this generation.

Retail Energy – Discovering Opportunities to Educate and Bust Industry Myths

ConneXion Research and Strategy conducted a survey in March of 2021 with a total of 109 nationwide
participants. 56 were in a Restructured Market and 53 in a Utility-Controlled or Monopoly market. The
purpose of this research was to understand what “fake news” are impacting the ability for restructured
markets to grow and expand, what information customers want or need, and what REPs need
to consider to properly educate customers about choice.

COVID-19 Consumer Trends Survey Results

Consumer trends due to COVID-19 are changing. These trends need to be considered as businesses open up in the next 3 to 6 months. ConneXion conducted a survey with a representative national sample based on US Census data. This survey was conducted in late May, early June once in the early impact of COVID-19 had passed and consumers were settling into their new norms. But, the implications of the changes in consumer habits and behaviors will have an even longer impact. Therefore, we will be conducting another survey in a few months to further understand these changes and their impact to companies.

Hispanic Millennial Buying Trends Mini Study

We understand the challenge marketers face when trying to target Millennials and Hispanic Millennials in particular. That’s why we conducted our Mini Study on Hispanic Millennial Buying Trends. Reaching this group requires grasping their behaviors and cultural subtleties. As the U.S. economy continues to strengthen, Hispanics represent the fastest rising part of multicultural consumers, whose buying potential remains untapped ($1.5 trillion in 2015, Pew).