Saturday, May 23, 2015

Millennials and Multiculturalism


"The Global Society" by Frits Ahlefeldt-Laurvig
licensed under Creative Commons
It may seem obvious, but it is worthy to drive attention to the fact that majorities are shapers of trends and trends often carry the seeds of its own perpetuation.
There is much talk about the multiculturalism characteristic of the global era, and there are global factors that justify this trend. Of course, the fact that we can connect to Google+ and chat with someone in India or Korea instantly and at a very low cost is one of the key drivers of the multicultural society. But this explanation undoubtedly important, can hide another explanation of a more local and less noticeable order. In the United States (a giant in the field of building culture, through its leadership in the area of music, film, etc) Millennials are the most racially diverse generation in history. According to the 2014 census 43% of Millennials are descendants of Hispanic, Asian or other foreign groups, and the United States Census Bureau forecasts that, not only 50% of the millenials, but about half of all the total population of the country will be "non-white" around 2043 [i] . This circumstance leads to brands and Marketing companies to measure diversity in terms of demographics and calculate the audience based on figures derived from the census. However, as noted at the beginning, "majorities are trends’ shapers" and the impact of the change in the demographic composition does not stop there, in the relation one to one, one Asian, one more consumer of thai food , but that change has a multiplier effect: the "generation of diversity" is an agent that promotes acceptance of transforming and multiplying multiculturalism with energy.
As the advertising consultant Eddie Yoon points out in his article in the Harvard Business Review , culture is not strictly determined by the racial origins or membership of an individual, but is the product of the choices that each person makes about how they spend their time and money. "The essence of culture is a passion shared  by different experiences in common” says Eddie Yoon in his article. This approach to the concept of culture might explain a phenomena such as this one:  the largest consumers of hip hop are not black colored and urban millenials, but 80% of this music is consumed by white men from the suburbs.

However, companies are running their campaigns mistakenly thinking their consumers as a result of a binomial demographic function. The logical corollary of this misunderstanding is the loss of many opportunities in the global market.

[i] United States Census Bureau