We launched the Summer version of our Precise Advertiser Report, Kids a few months ago. The report focuses on the media consumption habits of US Gen Alpha, with a special focus on the YouTube, Shorts, TikTok and CTV platforms alongside insights about co-viewing and shopping behaviors.
We know kids have a huge influence on what their parents buy for them and this is even more true when it comes to the holidays. Our survey, carried out in the early summer of 2024, reveals some interesting stats that advertisers should be taking note of when planning for the end of year and deciding where and when to place their ads for toys and games that could become 2024 ‘must have’s’.
Wish lists are being written now!
According to our latest survey, almost 9 in 10 kids plan to make a holiday wish list this year with 35% of them making their wish lists at least 3 months before Christmas. A further 17% are making them 2 months before and in the month up to Christmas 23% are sitting down to write their lists of wanted gifts.
Brands wanting to make sure their toy or game is on the wishlist of US Gen Alpha kids need to be advertising from September or risk missing out on those all important holiday sales.
Buying habits: what you need to know
Our report also surveys the parents of Gen Alpha aged children. 60% of the surveyed say they start holiday shopping before October. Furthermore, the biggest impact on purchasing decisions, after their child (42%), is YouTube (13%).
The report goes further and divulges where parents are likely to do their gift shopping. 76% of parents noted they would shop at Walmart and 73% noted Amazon, followed by Target with 43% of all parents saying they would buy some gifts there.
Co-viewing as a way to reach the decision maker
‘Co-viewng is king’ is certainly a phrase we have used multiple times over the past years and now we have even more the data to back it up. The report reveals the below and showcases just how important it is for brands to ensure their ads are placed on the correct platforms, especially YouTube and YouTube on a TV screen, in order to influence a buyer.
The power of YouTube advertising over other media forms
YouTube has established itself as a powerhouse in driving purchase power, surpassing other forms of media due to its high ad recall and influence on Gen Alpha consumer behavior. A sampling of report findings includes:
It is essential for brands to have a strong digital advertising strategy in place as we head into the holiday season and with our research showing Gen Alpha will be thinking about the gifts they want in a matter of weeks, time is of the essence. If you need advice on where your ads should be placed to reach Gen Alpha at the crucial time, please get in touch.