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FuturistU > Demographics > Forecasting Micro-Generational Desire > Module 3 / 5

Forecasting Gen X Desires

Instructor: Armida Ascano
Convenience Culture
Download the Convenience Culture Trend Report
In this module, Armida will introduce you to our Generation X micro-generations: Gen XS and Gen Xenos. Despite the fact that these generations are in their prime spending years, they are often overlooked by marketers. A look through their formative years and their transforming values, however, will show you that discounting this generation and its influence would be dire.

So how do you capture the attention of such a busy generation? Understanding the nuanced differences between the Generation X micro-generations will help you achieve this.
Related Trend Report: Convenience Culture
Workshop Questions:
1. How could your brand or product provide busy Gen Xers with a sense of relaxation and ease?
2. Gen Xers don’t trust anyone as much as they trust themselves; how can your brand work around that?
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Featured Insights

Familial Workplace
As Gen X enters leadership positions, workplaces become more family-centric
Trend - Older members of Generation X–a.k.a, Gen XS–are family-focused. At the same time, this generation has many financial responsibilities that require dedication to the workplace as well. This makes work/life balance a point of tension; however, as this generation enters leadership positions in the workforce, they're able to enact changes that are conducive to family-centric work cultures.
Workshop Question - What could change about your corporate culture to become more family-centric?
3.3
Score
Popularity
Activity
Freshness
Patterns
Megatrends
Incremental Entrepreneurship
Services that enable small steps help busy consumers start businesses
Implications - Many consumers today want to start their own businesses, however, juggling entrepreneurship and personal responsibility can be difficult. This is especially true for Gen Xenos consumers, who are both inclined to start their own business, and dedicated to their family life. Services that enable one to approach entrepreneurship in incremental steps help maintain a work-life balance while also enabling the pursuit of that dream.
Workshop Question - How can your company provide entrepreneurial employees with more ambitious opportunities?
6
Score
Popularity
Activity
Freshness
Patterns
Megatrends
Mundane Multitask
Practices typically used in the workplace are applied to personal admin
Trend - Today's consumer is taking advantage of apps and services that apply the same productivity and multitasking methods typically used in professional capacities, to manage their responsibilities, daily routines and personal banking.
Workshop Question - What is one way you could alleviate pressure on your Generation X employees?
2.5
Score
Popularity
Activity
Freshness
Patterns
Megatrends
Evolved Rebellion
The former Gen Xenos stereotype of teen rebellion is leveraged for new purposes
Trend - The younger Gen X micro-generation, Gen Xenos, is largely known for the rebellious Bart Simpson-esque stereotype associated with late-80s teenagehood. That spirit of rebellion has transformed into a desire to live by their own rules while balancing the responsibilities of middle age.
Workshop Question - What was your target demographic like 5, 10, 15 years ago, and how does that impact them now?
4.2
Score
Popularity
Activity
Freshness
Patterns
Megatrends

Insights by Trend Hunter AI

AI Improvement
Home repairs and projects are made easier with specialized AI assistants
Trend - Platforms and chatbots are using artificial intelligence to help users plan home improvement projects that encompass everything from interior design to repairs. These virtual assistants make suggestions based on the home/area's layout, users' individual design preferences and cost.
Workshop Question - How could your brand use AI to enhance its product experience?
7.2
Score
Popularity
Activity
Freshness
Patterns
Megatrends
Wealth Accessibility
Gen X as a whole is more focused on building generational wealth
Trend - As a whole, Gen X is being very intentional about building generational wealth. This demographic is using family-centric investment and banking services to not just build wealth, but to establish financial literacy among family members.
Workshop Question - How can your brand prioritize accessibility in its area of expertise?
5.1
Score
Popularity
Activity
Freshness
Patterns
Megatrends
Mindful Entrepreneurship
Brands release programs that help users learn about and build businesses
Trend - Between competitive markets and economic instability, entrepreneurship has become more challenging for the average consumer to take on. Programs that help users learn about and navigate the process of building a business (or aspects of it) are becoming popular among aspiring entrepreneurs.
Workshop Question - How could your brand better support employees or customers in their personal pursuits?
3.5
Score
Popularity
Activity
Freshness
Patterns
Megatrends
Reformed Routine
Social changes are influencing consumers to slow down and reassess their lives
Trend - More consumers in North America are adapting their priorities and routines to better align with their own happiness. This can involve consumers renouncing needlessly fast-paced lifestyles, quitting jobs in place of alternative opportunities, and generally focusing on their own happiness.
Workshop Question - How could your brand better align itself with its customers' or employees' values?
3.9
Score
Popularity
Activity
Freshness
Patterns
Megatrends
App-Based Parenting
Businesses offer parenting apps that go beyond raising infants
Trend - While parents have access to apps that help them raise infants, apps that help users with parenting throughout their children's many developmental stages are just now becoming popular. These apps help caregivers with everything from scheduling to prioritizing their kids' mental health.
Workshop Question - How could your brand make its customers' lives easier?
3.5
Score
Popularity
Activity
Freshness
Patterns
Megatrends
Gen Z Investing
Investing for young Gen Z consumers is made easier with apps and communities
Trend - Gen Z is entering a new world of fintech, and banking apps, community platforms and services are being designed to help them navigate investing in the modern age. These platforms ensure that young consumers are able to set themselves up for the future in today's changing financial landscape.
Workshop Question - How could your brand better prioritize customer education and support?
5.7
Score
Popularity
Activity
Freshness
Patterns
Megatrends
Gen Z Neobanking
Fintech responds to new financial needs with neobanking solutions
Trend - As Gen Z seeks financial independence, fintech companies are creating new banking-alternative solutions to meet the young generation's tech-based needs. The neobanking platforms are app-based and allow users greater access to their financial services with fewer limitations.
Workshop Question - How can your company cater to the new generation of consumers?
5.8
Score
Popularity
Activity
Freshness
Patterns
Megatrends