Staff Reporters
Jan 8, 2013

DATA POINTS: Pragmatism trumps idealism among millennials

Among the lessons that emerge from Omnicom Media Group’s (OMG) recent global study into millennials—those born since the late 1970s—is that behaviour often fails to match idealistic intent.

Spending power is high, at more than US$900 billion, and a relatively high number of respondents to the survey indicated a tendency towards supporting companies that are socially responsible, even if it means paying a premium. In the Philippines, for example, half said they would be willing to pay more for green products and brands that support a good cause; half of Chinese canvassed also said they would be more likely to buy from companies that are environmentally responsible.

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