3 Strategies for Trinidad and Tobago Companies to Better Market to Gen Z Audiences
Reaching and engaging with Gen Z consumers is a crucial task for businesses in Trinidad and Tobago. Born between the mid-1990s and the early 2010s, Gen Z represents a significant portion of the market with unique characteristics and preferences.
Despite being a young audience, they are continually growing into one of the dominant market segments with significant purchasing power. Meaning companies must adapt their marketing strategies to capture their attention and loyalty.
Here are five key strategies that Trinidad and Tobago companies can implement to market to Gen Z audiences effectively:
1. Embrace Digital First:
Generation Z is the first generation to grow up entirely in the digital age, making them incredibly tech-savvy. To connect with them, companies must adopt a "digital-first" mindset. This means investing in a robust online presence through a well-designed website, engaging social media profiles, and mobile-friendly platforms.
However, companies have to go beyond and think ahead of their consumers. For example, what digital content would entice your target audience? For example, many clothing brands have begun collaborating with influencers for both clothing releases and hauls. Both of which gain significant traction with Gen Z audiences. Amazon’s ‘The Drop’ which collaborates with popular influencers across the globe is just one example of this.
Additionally, find new and emerging technologies that your company can play around with. Consider utilising emerging technologies such as augmented reality (AR) and virtual reality (VR) to create immersive and memorable brand experiences. In fact, it is predicted that digital users can spend up to four (4) hours in the Virtual World as we move into the future. VR headsets will become competitively priced, similar to the accessibility of the smartphone.
In the local context, we will be able to leverage international consumers by featuring Carnival bands using VR to showcase their Mas Camps or Live events on their existing digital platforms.
2. Authenticity Matters:
Gen Z consumers are known for their keen sense of authenticity. They value genuine interactions with brands and are quick to spot insincerity. Companies in Trinidad and Tobago should focus on building an authentic brand image and communicating their values transparently.
Avoid excessive marketing jargon and instead, prioritize honesty and transparency in your messaging. Engage with Gen Z on social media platforms by responding to comments, addressing concerns, and actively participating in conversations.
A great example of this locally, is HADCO. Their work with Asa Wright, Phase II and Mt. Plaisir Estate Hotel in Grande Riviere, has been openly communicated to the public from inception to their current progress via all their social media pages with high-quality content.
The combination of their authenticity and their dedication to social responsibility has placed them in a favourable light for many locals and especially for GenZs. They value transparency and dedication to the local culture and environment. They also value communication through the platforms they frequent most (TikTok and Instagram).
3. Personalization and Customization:
Gen Z values individuality and personalization. Tailor your marketing efforts to cater to their specific preferences and needs. Utilize data analytics to gather insights about your audience's behaviour and interests. This data can help you create personalized marketing campaigns, recommend products or services, and send targeted messages.
Generalized marketing campaigns aren’t as effective as they used to be. Companies must look at what Gen Zs are focusing on and desiring and see how their company can meet their needs. For example, Carnival Band Launches:- Lost Tribe is one of the very few bands that created reels and TikTok’s allowing each designer to showcase their costumes. Through this medium, designers were able to explain all the details and customizations possible for their masqueraders.
This seems like a very simple solution, but all audiences want to know more about costumes and what they can expect. Allowing the designers themselves to explain it via video, is the perfect way to reach younger audiences who expect all the information to be online and better yet, in a video format.
By demonstrating that you understand Gen Z’s unique requirements, you can establish a stronger connection with Gen Z consumers.
Marketing to Generation Z in Trinidad and Tobago requires a shift in approach, with a strong emphasis on comprehensive digital preference, authenticity, social responsibility and personalized marketing there is a way to reach them successfully. Remember that Gen Z's preferences may continue to evolve, so staying agile and adaptable in your marketing efforts is key to long-term success in this ever-changing landscape.