When comparing Gen Z with Alphas at the same age, Gen Z favored snack and fast-food brands. In contrast, Alphas prioritize technology and sportswear brands, which did not even make Gen Z’s top twenty. Alphas look for brands that support their lifestyle. 86% of Alphas want their favorite brands to help them explore their interests, and 81% would like brands to make them feel part of a desired community1.
Despite being immersed in technology from a young age, Alphas also value experiences outside of it. For example, 83% appreciate brands with physical stores and enjoy exploring products in person4.
A question arises: how can children afford products from these brands? It's not that they lack their own money. They receive birthday gifts and earn money for achievements. Teens sell items they no longer need or have outgrown, or earn money through simple jobs. However, primary payers and purchasers are their Millennial parents.
Last year, the drinkware brand Stanley gained high popularity after a Christmas TikTok video showed various consumers receiving Stanley cups as gifts. Most of the recipients in the video were children who not only knew the brand but had included it in their wish lists.
What Alphas Will Be Like as Adults
By the end of the 2020s, Alphas will enter adulthood, join the workforce, and establish households. It is predicted that they will spend more time studying, start earning later, and live with their parents longer than their predecessors, Generations Z and Y. Alphas will have opportunities to pursue new careers that were unavailable to previous generations, such as drone pilot, virtual reality engineer, sustainability officer, life simplifier, and urban farmer, among others. Alphas will be innovators, and other generations in the workforce will need to adapt.
Anyway, it should be noted that Alphas are a generation that is already making businesses think about themselves, as their knowledge and opinion about brands and products is much deeper and broader than other generations at this early age. They bring this information into their families, influencing their Millennial parents in their purchasing decisions. Alphas have grown up and matured much faster than any other generation at this age.
Next year, a new generation, Betas, will begin to be born. Predictions about this new audience and their influencing factors have already been made. For example, they will be born in the age of artificial intelligence and will experience the necessity of sustainability policies and actions like never before. Time will show what transformations this generation will bring.
1 Razorfish x GWI, Alpha Wave Two Primary Research Study, 2023
2 Tele2&SKDS, 2021 30.07-2.08.
3 https://www.medialogic.com/blog/financial-services-marketing/marketing-for-gen-alpha/
4 Razorfish