Millennials and Gen Z are two different generations. Millennials are those born between 1981 and 1996, while Gen Z is the demographic cohort succeeding Millennials and preceding Generation Alpha, born between the mid-to-late 1990s and the early 2010s. Here are some key differences between the two generations:
Characteristics of Millennials:
- Grew up with limited internet access and played PC games like solitaire, Black Hole Pinball, or Minesweeper.
- Value stability (34%) .
- Comfortable with chatbots, make purchase decisions based on the quality of customer service they receive, and prefer using digital channels to contact customer support.
Characteristics of Gen Z:
- Also known as digital natives, technology is part of their everyday lives, and all their activities are mediated by a screen.
- Aged between eight and 23 years old.
- Have higher expectations of technology than Millennials.
- More concerned about the cost of education (21% of respondents) .
- Put more emphasis on finding their dream job (32%) .
- Struggle more with focusing but can work on multiple tasks at once.
- Have varying customer service expectations and preferences compared to Millennials.
It is important to note that these are generalizations, and not all individuals within a generation will share the same characteristics.