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Reading: Gen Z Friendships and Brand Loyalty: Insights from Masahide Yoshida, Researcher at Dentsu Youth Research Unit
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Marketing In Asia > Blog > Business > Interviews > Gen Z Friendships and Brand Loyalty: Insights from Masahide Yoshida, Researcher at Dentsu Youth Research Unit
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Gen Z Friendships and Brand Loyalty: Insights from Masahide Yoshida, Researcher at Dentsu Youth Research Unit

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Last updated: 2024/05/15 at 12:43 PM
Divya Dubey
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8 Min Read
Masahide Yoshida, Researcher / Concept Designer, dentsu Youth Research Unit.
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In today’s rapidly evolving digital landscape, understanding the social dynamics and brand loyalty of Generation Z has become crucial for marketers. Masahide Yoshida, a researcher and concept designer at Dentsu Youth Research Unit, delves into the unique characteristics of Gen Z’s friendships and their implications for brand engagement. With technology shaping their interactions and identity formation, Gen Z exhibits a distinct approach to friendships and brand relationships compared to previous generations.

Impact of Technology: How has the prevalence of technology and social media influenced the way Gen Z forms and maintains friendships compared to previous generations?

Gen Z has been raised in a society where technology has developed at a high speed. This is unlike other generations that were able to gradually enjoy the convenient lifestyle supported by this technology.

Compared to older generations, Gen Z can be said to have grown up in a society where they were allowed to pursue their self-fulfilment from an early age, and where anyone can realise anything, anytime, anywhere, exactly as they wish.

On the other hand, since technology has made everything easily accessible and achievable, Gen Z may find it challenging to discern what truly motivates them to take action, and this can lead to difficulty in forming a unique identity.

Fluid Friendships: The concept of “fluid friendships” is gaining traction among Gen Z. Can you elaborate on what this means in practice and how it’s influencing their social interactions?

“Fluid friendships” among Gen Z refer to social connections that are more flexible and dynamic compared to traditional, “solid friendships”. Instead of being primarily based on factors like geographical proximity, religion, or group affiliation, these friendships form and evolve based on shared interests, hobbies, or common aspirations.

In practice, this means that Gen Z is more likely to form friendships with people according to the purpose at the time, and whatever situation necessitates a connection in that period. For example, they might connect with someone online who shares their passion for a particular video game, or they might bond with someone from a different part of the world who shares their career aspirations.

This shift towards fluid friendships has been accelerated by factors such as the pandemic, which forced people to socialize and connect primarily online. As a result, Gen Z has become more accustomed to forming and maintaining friendships virtually, reinventing what it means to make friends.

The concept of fluid friendships is influencing Gen Z’s social interactions by promoting greater individualism and flexibility in their relationships. It allows them to connect with a diverse range of people regardless of traditional barriers or constraints.

Also Read: Jess Tan Shares Her Journey: Balancing Leadership and Motherhood in a Dynamic Career

Brand Loyalty: With the shift from solid to fluid friendships, how does this affect brand loyalty among Gen Z? What strategies can brands employ to build and maintain loyalty in this dynamic landscape?

With the same structure as “fluid friendships,’ the relationship between young people and brands is likely to become more purpose-driven and pointed.

There is less of a tendency to choose “one brand from head to toe” or “one brand for your whole lifestyle” and more of a tendency to curate their lifestyle, by incorporating the best parts of each brand based on their own values, aesthetics, and purposes for different aspects of their life.

However, this does not mean that it is becoming more difficult to achieve brand loyalty, but rather that the trend is changing to partial, strong feelings of loyalty.

Brands need to recognize the evolving nature of brand loyalty among Gen Z and adapt their strategies to resonate with them and lean into purpose-driven marketing, offering personalized experiences that cater to the individual preferences of Gen Z consumers.

Marketing Challenges: What new challenges are marketers facing as Gen Z’s perceptions of friendship evolve? Are there any notable examples of successful campaigns that effectively address these challenges?

As Gen Z’s perceptions of friendships evolve towards more fluid and multifaceted connections, marketers might face new challenges in understanding and targeting this demographic effectively.

There is a tendency for multiple, multifaceted identities to coexist within a single young person, as is evident in the fluid, ever-evolving form of friendships.

Due to this situation, marketers should pay attention when analyzing data or conducting market research to avoid oversimplifying Gen Z individuals or pigeonholing them based on only one characteristic, and adopt a more nuanced and holistic approach that takes into consideration the complexity of Gen Z’s identities and friendships.

Community and Identity: Given that Gen Zs often struggle with finding their identity and making voluntary connections, how can brands create communities that resonate with their needs? What role can marketing play in supporting their sense of identity?

Marketers need to acknowledge that for Gen Zs, brands are more than simply products or services but also serve as a form of identity. Marketing plays a crucial role in creating a brand identity that resonates with the consumer’s personal values and beliefs.

Regardless of whether a brand is high-end or not, it is important for it to provide a compelling story that consumers can relate to and incorporate into their own identity. This story should answer questions like “why do I use this brand?” and “what values do I share with this brand?” These narratives become integral parts of the brand’s identity and can influence the relationships people form, including friendships.

Regional Differences: Since the study spans seven APAC markets, did you notice any significant regional differences in Gen Z’s approach to friendships? How do these differences impact marketing tactics and strategies?

There is an overall trend from “solid to liquid” friendships.

However, religious beliefs and family values vary widely from country to country. We are starting to see a trend towards friendships that might have been considered taboo in the past. For marketers targeting Gen Z in these diverse regional contexts, understanding and respecting these unique values and cultural dynamics is crucial.

As marketers navigate the complexities of reaching Gen Z, it’s essential to embrace the fluidity and individuality that define this generation. By crafting purpose-driven, personalized experiences and respecting regional nuances, brands can build meaningful connections with Gen Z consumers. Masahide Yoshida’s insights highlight the importance of understanding the evolving nature of friendships and brand loyalty among Gen Z, offering valuable guidance for successful marketing strategies in this dynamic landscape.

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    DivyaDubey May 15, 2024 May 15, 2024
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    By DivyaDubey
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