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MILLENNIALS
OUR SPEAKERS
Alex Dodge
Account Director
AlexD@NetAff.com
Kate Stromberg
Marketing Director
KateS@NetAff.com
Emily Frickey
Director of Digital Operations
EmilyF@NetAff.com
Understanding
Millennials and the
Significant ROI
They Can Generate
for Your Law Firm
ROI
“Brands need to stop waiting for Millennials
to “grow up” and fall in line with what past
generations have done. A lot of them already have;
it just looks different than it did in the past. Brands
and marketers need to shift and adapt to this reality,
instead of waiting for one that won’t come true.”
- Katie Elfering, a CEB Iconoculture consumer strategist and Forbes’
resident expert on Millennials
Biggest living generation in U.S. history
Projected population
by generation
In millions
Note: Millenials refers
to the population ages
18 to 34 as of 2015.
Source: Pew Research Center tabulations of U.S. Census Bureau population
projections released December 2014 and 2015 population estimates. PEW RESEARCH CENTER
90
70
50
30
10
2015 2028 2036
Millennial
Gen x
Boomer
Silent
75
81
66 65
28
2050
Millennial spending
power by 2020:
$1.4TRILLION
Millennials care about VALUE
• “Value” defined as:
- How is your law firm making lives better?
- How is your brand contributing or adding value on a
larger scale?
• 61% of Millennials are worried about the state of the world
and feel personally responsible to make a difference. This
means that Millennials view your brand as an extension of
their own values and status. – The Huffington Post
Why Millennials care about VALUE
• Events that shaped our outlook
- 9/11
- The Recession
- Housing Collapse
- Climate Change
- Corporate
deception
and greed
(ex. Enron)
Millennials care about EXPERIENCES
• Experiential rewards: a powerful
engagement and loyalty tool which
can have a strong bottom line
impact—customers directly link
their memorable experiences with
your brand, creating a lasting bond.
• Memories create a lasting value,
they are also sharable
Millennials are “Digital Natives”
• Definition: The generation
of people born during or
after the rise of digital
technologies
• Millennials draw no
practical distinction
between online and offline
A steep technology curve: from radios to Pokemon Go
TIME IT TOOK TO REACH 50 MILLION USERS
RADIO
TV
INSTAGRAM
POKEMON
GO
38 YEARS
13 YEARS
18 MONTHS
15 DAYS
Leverage these
“differences” to
start reaching the
millennials in your
market!
• 73% of people in the U.S.
say that a bad website
negatively impacts their
opinion of the brand.
Marketing Mix: Web
• The rise of social
media platforms
puts the consumer
in charge of your
messaging.
Marketing Mix: Social Media
• Millennials spend money
on experiences – which, in
turn, create social moments
and sharable memories.
Marketing Mix: Event Sponsorships/
Experiential Marketing
• Millennials expect brands
to give back to society
- Statistics show 75%
feel it’s either fairly or
very important that a
company gives back to
society instead of just
making a profit.
Corporate Social Responsibility (CSR)
• Leverage pieces of sharable content – videos, infographics,
etc. – on your website that add value/enhance the customer
experience with your services. Give them more opportunities
to create a deep connection with your brand.
- In addition, make sure to use closed captioning so that all
your content is available to everyone!
TAKEAWAYS AND ACTION ITEMS
• Make sure Millennials feel informed by and involved with
your brand, not just marketed to understand and speak
to the values that drive them — happiness, passion,
diversity, experience, sharing and discovery.
TAKEAWAYS AND ACTION ITEMS
TAKEAWAYS AND ACTION ITEMS
• Feature Millennials and their values in your messaging
- Shoot testimonials featuring millennial clients
- Focus messaging on your mobile response unit, customer
service/convenience, ability to text to communicate, etc —
leverage your firm’s ability to communicate and serve via
immediate response technology.
• Go above and beyond to ensure all clients and potential
clients are getting the best experience possible
• Remember, brand loyalty isn’t dead. Turn Millennials into
your Brand Ambassadors!
• While most firms are ignoring this demographic, make
a conscious effort to start reaching them! Make your
message to Millennials stand out – you won’t regret it.
TAKEAWAYS AND ACTION ITEMS
QUESTIONS FOR OUR SPEAKERS
Alex Dodge
Account Director
AlexD@NetAff.com
Kate Stromberg
Marketing Director
KateS@NetAff.com
Emily Frickey
Director of Digital Operations
EmilyF@NetAff.com
Free download of our
Marketing to Millenials
Guide here:
netaff.com/resources/#ntl
THANK YOU FOR ATTENDING!

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Marketing to Millennials and the Significant ROI They Can Bring Your Firm

  • 2. OUR SPEAKERS Alex Dodge Account Director AlexD@NetAff.com Kate Stromberg Marketing Director KateS@NetAff.com Emily Frickey Director of Digital Operations EmilyF@NetAff.com
  • 3. Understanding Millennials and the Significant ROI They Can Generate for Your Law Firm ROI
  • 4. “Brands need to stop waiting for Millennials to “grow up” and fall in line with what past generations have done. A lot of them already have; it just looks different than it did in the past. Brands and marketers need to shift and adapt to this reality, instead of waiting for one that won’t come true.” - Katie Elfering, a CEB Iconoculture consumer strategist and Forbes’ resident expert on Millennials
  • 5. Biggest living generation in U.S. history Projected population by generation In millions Note: Millenials refers to the population ages 18 to 34 as of 2015. Source: Pew Research Center tabulations of U.S. Census Bureau population projections released December 2014 and 2015 population estimates. PEW RESEARCH CENTER 90 70 50 30 10 2015 2028 2036 Millennial Gen x Boomer Silent 75 81 66 65 28 2050
  • 6. Millennial spending power by 2020: $1.4TRILLION
  • 7. Millennials care about VALUE • “Value” defined as: - How is your law firm making lives better? - How is your brand contributing or adding value on a larger scale? • 61% of Millennials are worried about the state of the world and feel personally responsible to make a difference. This means that Millennials view your brand as an extension of their own values and status. – The Huffington Post
  • 8. Why Millennials care about VALUE • Events that shaped our outlook - 9/11 - The Recession - Housing Collapse - Climate Change - Corporate deception and greed (ex. Enron)
  • 9. Millennials care about EXPERIENCES • Experiential rewards: a powerful engagement and loyalty tool which can have a strong bottom line impact—customers directly link their memorable experiences with your brand, creating a lasting bond. • Memories create a lasting value, they are also sharable
  • 10. Millennials are “Digital Natives” • Definition: The generation of people born during or after the rise of digital technologies • Millennials draw no practical distinction between online and offline
  • 11. A steep technology curve: from radios to Pokemon Go TIME IT TOOK TO REACH 50 MILLION USERS RADIO TV INSTAGRAM POKEMON GO 38 YEARS 13 YEARS 18 MONTHS 15 DAYS
  • 12. Leverage these “differences” to start reaching the millennials in your market!
  • 13. • 73% of people in the U.S. say that a bad website negatively impacts their opinion of the brand. Marketing Mix: Web
  • 14. • The rise of social media platforms puts the consumer in charge of your messaging. Marketing Mix: Social Media
  • 15. • Millennials spend money on experiences – which, in turn, create social moments and sharable memories. Marketing Mix: Event Sponsorships/ Experiential Marketing
  • 16. • Millennials expect brands to give back to society - Statistics show 75% feel it’s either fairly or very important that a company gives back to society instead of just making a profit. Corporate Social Responsibility (CSR)
  • 17. • Leverage pieces of sharable content – videos, infographics, etc. – on your website that add value/enhance the customer experience with your services. Give them more opportunities to create a deep connection with your brand. - In addition, make sure to use closed captioning so that all your content is available to everyone! TAKEAWAYS AND ACTION ITEMS
  • 18. • Make sure Millennials feel informed by and involved with your brand, not just marketed to understand and speak to the values that drive them — happiness, passion, diversity, experience, sharing and discovery. TAKEAWAYS AND ACTION ITEMS
  • 19. TAKEAWAYS AND ACTION ITEMS • Feature Millennials and their values in your messaging - Shoot testimonials featuring millennial clients - Focus messaging on your mobile response unit, customer service/convenience, ability to text to communicate, etc — leverage your firm’s ability to communicate and serve via immediate response technology.
  • 20. • Go above and beyond to ensure all clients and potential clients are getting the best experience possible • Remember, brand loyalty isn’t dead. Turn Millennials into your Brand Ambassadors! • While most firms are ignoring this demographic, make a conscious effort to start reaching them! Make your message to Millennials stand out – you won’t regret it. TAKEAWAYS AND ACTION ITEMS
  • 21. QUESTIONS FOR OUR SPEAKERS Alex Dodge Account Director AlexD@NetAff.com Kate Stromberg Marketing Director KateS@NetAff.com Emily Frickey Director of Digital Operations EmilyF@NetAff.com
  • 22. Free download of our Marketing to Millenials Guide here: netaff.com/resources/#ntl THANK YOU FOR ATTENDING!