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Kidfluence: Why Kids Today Mean Business

Welcome to Kidfluence - an era unlike any other. From what breakfast cereal they buy, to where they vacation, to what car would make a good family vehicle, today's kids are having a dramatic impact on their families' purchasing decisions and on Canadian commerce. And businesses are taking notice. Cereal advertising is geared to kids, cruise lines cater to their desires and car companies invite them into the boardroom.

Just who handed kids the reins of power? There are a number of forces at play among this group often referred to as Generation Y. Their sheer numbers (just over one quarter of the Canadian population) combined with their spending power (a cool $15 billion) and a variety of evolving cultural and societal attitudes have made them a force to be reckoned with.
Kidfluence

Generation Y is altering the face of business today and will continue to do so well into the future. From a societal viewpoint, Kidfluence shows you the impact of changing family norms in Canada, evolving parental attitudes and early exposure to new opportunities. From an economic perspective, Kidfluence helps you understand the role of kids in business, shares expert views from across Canada and the U.S. and offers quantitative information on the spending and thinking power of today's kids.

Generation Y will be rocking our universe for the next century - even more so than the baby boomers before them. Are you ready for them Canada?

Table of Contents :
Chapter 1: Looking Back: 20th Century Parents and Kids
A short journey through history illustrates that kids' roles are a product of the social climate. The influential role kids play in today's family decision-making is a trend that has evolved over the past forty years.
The Way We Were
The Age of Change: The 20th Century
The Boomers' New Outlook
The Boomers Have Kids - or Not!
Boomers With Babies
The New Status of Children
In Search of Eternal Youth

Chapter 2: Today's Families: Variations on a Theme
Blended, multigenerational, single-parent, dual-income. Changing family structures during the last half of the century figure prominently in the increasing of kids' level of influence.
Dual-Income Families
Single-Parent Families
Blended Families
Multi-generational Living
The Impact of Change

Chapter 3: Modern-Day Experiences of Kids
Kids are moving through childhood faster than ever before. This adultification of youth is caused by numerous factors and has a great impact on the concept of kids as consumers.
An Explosion of Technology and Information
KAGOY (Kids Are Getting Older Younger)
Sports and Structure
Hitting Puberty Earlier
The Influences of Multiculturalism
Have Kids, Will Travel

Chapter 4: The Wired World: Its Impact on Kids
Two of the most significant vehicles influencing change have come our way thanks to technological progress - television and personal computers. These wired wonders have played an integral role in elevating and empowering kids.
TV Times
Always On, Always Available
The Influence of TV Advertising
Computer Culture

Chapter 5: Influence in Action
Technology changes how kids think about the world and how they react to it. But it's more than that. Parenting, pop culture, consumerism and technology have all contributed to altering kids' expectations of the world around them.
Kids' Pop Culture
Prosperity
The Acceleration of "More"

Chapter 6: Why Kids Mean Business
Kids today have spending power. Not only do they spend their own money, they influence adults' spending. Their money comes from a variety of sources and how they spend it is influenced by age, sex and geographic location.
So What does It All Add Up To?
If Not Trees, Where Does the Money Come From?
Kids and Their Money
Beyond Allowance and Jobs
What Does $115 Billion Buy?
Older Kids Have More Cash

Chapter 7: More Than Toys: An Overview of Kids' Economic Impact
The kid market is comprised of three components: the $115 billion North American market of kids with their own discretionary income, the $600 billion market they influence and the market they will become in the future.

Chapter 8: Kids Buying Kid Stuff
There are over 88 million kids in North America and they are spending money everyday. This new reality is transforming businesses from redefining traditional industries to the creation of completely new opportunities.
Kids Love Fashion
Toys and Collectibles
The Movies
Kidfluence Creates New Businesses
Kids' Home Fashion
Making Kids a Business
Reaching Kids in School

Chapter 9: Kids Influencing Family Purchases
Kids' influence in the consumer world is expanding beyond purchases made solely for them. How they "nag" and how their parents respond to that plays an important role in family purchases including big-ticket items.
The Nag - Giving In Means Big Business
"Nag Factor"
Two Types of Nagging
Pushovers or Meanies?
Upping the Influence: From Penny Candy to Cars
Influence Has Changed the Travel Business
"Kidtailing" to Generation Y

Chapter 10: Kids as Future Purchasers
Around the age of 8 years, kids start recognizing brands more and making independent purchases. The brands they hold dear when they are young could be the brands they prefer as adults, making lifetime value and customer loyalty critical concepts.
Creating Cross-Generation Appeal
The Branding Age
Tweens and Brands
Stay Young Forever

Chapter 11: The Adults of Tomorrow
Fast forward to 2015 when the bulk of Generation Y will be 25 years old. This generation has grown into adults with different characteristics than previous generations. They were raised in a prosperous and digital world. What effect will this have on their future?
Living On-Line
Future Work: What Will it be to Generation Y
The Future of Work - Getting Kids Ready
Blending Work and Life
Global Inclusiveness
More Still
The Instant World
Generation Y Families

Chapter 12: Coming Full Circle
For the last several decades, boomers have been driving the change in our world. Now their reign is coming to an end. In the 21st century, it’s the kids who are forging the way. They are what we must become.
Tomorrow's World
What's Enough
Case Studies
Bibliography
Index

Written by Anne Sutherland and Beth Thompson. Published by McGraw Hill Ryerson Ltd, 2001.
   
Catalogue No. 0-07-087133-7
Price $34.99
Format Hardcover
Pages 200
Language English only
 
Price and availability subject to change. Shipping and applicable taxes extra.
Questions about this product? Please e-mail us.
Last modified: October 12, 2001

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