640 likes | 1.1k Views
Changing Times, Changing Trends: 7 Social & Demographic Trends Defining Australia Today. WSAA Members’ Meeting Mark McCrindle Tuesday 14 February 2012. Technology Timeline. 1956 TV in Australia. 1991 WWW launched. 13 years to reach 50 million. 4 years to reach 50 million. 2011
E N D
Changing Times, Changing Trends: 7 Social & Demographic Trends Defining Australia Today. WSAA Members’ Meeting Mark McCrindle Tuesday 14 February 2012
Technology Timeline 1956 TV in Australia 1991 WWW launched 13 years to reach 50 million 4 years to reach 50 million 2011 Rebecca Black “Friday” video 2006 Facebook opens 12 months to reach 50 million 12 days to reach 50 million
Technology Timeline 1982 Commodore 64 launched 2010 iPad launched 1 million soldin 4 years 1million sold In 4 weeks 2010 Pacman anniversary 1980 Pacman launched Google logo:126 million play inone day Game sells 7 million
Trend #1 Changing Population
Changing workforce Today:1 retiree : 5 workers 2050: 1 retiree : 2.7 workers 2010: Total population increase: 370,000 Working age population increase: 170,000
Population ageing & growing Workforce ageing & shrinking Economic shifts Cultural diversity Increasing mobility Changing population: 5 key factors www.mccrindle.com.au
Trend #2 Transitioning Generations
Speaking Gen Z: A quiz dis chron soz defs ‘rents epic foshizzle confuzzled chillax hectic lol rofluts bff all g
Trend #3 Consumer Lifestages
Family 2011 2014 Fastest Growing
Timeline Traditionally: Education Career Retirement Today: Ed 1 Career 1 Ed 2 Career 2 Career 3 Ed 3 Career 4Semi-Retirement Work Retirement
1972 2012
Gen Y: Housing Food Transport Clothing Education Health insurance Mobile phone Internet Consumer electronics… Bye Bye Aussie Dream? Baby Boomers: Housing Food Transport Clothing
Trend #4 Customer Influences
Tradition Reputation Sit & Listen Long-term needs Content Authority
Tradition Reputation Sit & Listen Long-term needs Content Authority Innovation
iPhone iPad GPS
Tradition Reputation Sit & Listen Long-term needs Content Authority Innovation Recommendation
Tradition Reputation Sit & Listen Long-term needs Content Authority Innovation Recommendation Try & See
Tradition Reputation Sit & Listen Long-term needs Content Authority Innovation Recommendation Try & See Short-term wants
Tradition Reputation Sit & Listen Long-term needs Content Authority Innovation Recommendation Try & See Short-term wants Process
Tradition Reputation Sit & Listen Long-term needs Content Authority Innovation Recommendation Try & See Short-term wants Process Authenticity
Trend #5 Changing Structures
Churn, change, mobility Options & fragmentation From experts to social networks Creators, collaborators, UGC Multi-taskers & message-screeners Post-structural: 5 defining characteristics www.mccrindle.com.au
L FINANCE OPERATIONS MARKETING
L L L L L L L L
Trend #6 Changed Communication