
Generation Yer's also know as Millennials, Echo Boomers, or Ipod Generation, are classified in varying decades depending on the source. For this analysis, generation Y includes those born between the early to mid 80's and early to mid 90's. There are factors which cross many levels such as of which impact and build off to reinforce many of the reasons of thinking.
Where it all began:
Generation Yer's are characterized as the children of the baby boomers. Baby boomers grew up in larger families. Some baby boomers hated not being able to have the attention they wanted growing up (because of larger families) so that's just what they're giving to their kids. So much love and attention they're told how special and given money to justify lost time. Generally smaller families these days, between 1-2 children per house hold and can be spoiled no matter what income level. Growing up, there have been many influential tools that make things automatic, skip important processes, and lack much depth beyond the surface. From an early age, Generation Yer's are cradled in a world concentrated in security and "protected" from all harm.
Early Childhood:
Generation Yer's have grown up in a society of over sensationalized media stories. Like many generations in the past, this pattern has brought a dramatic side to their stories into their own lives. Everything from fast food being readily available, to having everything in close proximity. During this period, Parents never wanted to be the bad guy. The media cried out against physical discipline and many grew scared of any disciplining period. Most children were raised in a reward based system. Cause and Effect. A child does something right, they should be rewarded. Someone does something wrong, it is often left to pass under a bridge decreasing the chance for accountability.
-Media usage needs to be short, concise, and easy to use. The attention span of a generation Yer is very short, as is patience.
Teen Years:
The internet has played the most important role into the lives of Generation Y. Acting as the main communication medium, we have been struck with events such as 9/11 and the Iraq war to speed this process/shift into our daily lives. The teenage mentality of being invincible is prolonged and harder to grow out of since the environments in which generation Yers live in supports the ideals of individuality and competitiveness. Generation Yer's are selfish, self absorbed, and really need their "Me Time."
-Its quite contradicting since all Generation Yers want to be independent, yearn for freedom, yet rely on others heavily once there is the slightest bit of trouble.-If something doesn't fit into their daily lives, it won't stick. Applications, Products, Services, all need to be easy to use, pick up and go. The minute someone needs to read instructions, they've already gone to the next idea.
How things are now:
-Generation Yers can vary between the ages of 24-14. Those who are older will be able to relate to other generations better than the younger. On the other hand, the younger Generation Yer's have an easier time communicating through online mediums and will set up networks at a younger age. These networks will be larger in number, but less concerned with relationship strength. Relationships turn into an ideal of a representational icon of what is perceived online.
-Generation Yers are less likely to take full responsibility. "Since it's all about me, it can't possibly be my fault"
-Generation Yer's are often less likely to take criticism positively. Instead, they are viewed as personal attacks. Up until this point, parents had always said everything was okay and mistakes were okay, and second chances will always be there along with a cookie. So in the back of each mind, there's a weaker sense of ownership and accountability.
-Generation Yer's feel its their right to be in a position of power. They see how their peers are successful at early ages through opportunities like YouTube, and want instant stardom for 15 minutes of fame.
The Future:
How does this impact business? Some of the best advertisements out there might not be coming from your marketing department, but rather a collective group which acts and thinks as a whole. So allow your users to talk, comment, and interact. Don't restrict or else someone will create something better.
-Selling to generation Yer's is simple, yet not easy. Create a structure, make it easy, fashionable, and customizable.
-Generation Yers are much more likely to talk about negative things in their private lives and can spread poor attitudes quickly। "It's 5:02, I'm working way too hard. I should get a bonus for this!"
Other Resources:
Who Are Generation Y's?
Gen Y Too Demanding At Work
What Do Generation Yers Want
Why Gen Y are Broke
Generation Y for Dummies - From a Management Perspective
Positive Outcomes of Generation Y's Impact on the World
Disclaimer:
The definitions of each generation includes those in overlapping groups to some extent. Of course, even though every person born between two dates does not encompass the same characteristics, we can certainly note some obvious trends and tendencies. There are many exceptions to these assumptions.



