Professional Documents
Culture Documents
WHO/WHOM
John met Mary on Saturday.
Whom did John meet on Saturday.
John hired Mary on Saturday
Whom did John hire on Saturday.
John saw Mary on Saturday.
Whom did John see on Saturday.
I don’t remember.
I have no idea.
I haven’t a clue.
I’d like to know.
Because he’s so wealthy, Mr. Lang has a lot of people working for him. In his
mansion, he’s surrounded by servants, assistants and advisors. He has these
people to carry out all the tasks which are necessary to keep a home and a
business going. He gets the maids to prepare the meals, clean the house, do
the laundry and take care of his children.
His chauffer drives him and his family wherever they wish to go. He gets his
advisors to handle most business matters and he lets his directors run the
company freely.
One Monday morning, Mr. Lang woke up and found out that neither his
household nor company employees were at work. Breakfast hadn’t been
prepared, the children hadn’t been woken up, and no work was being done at
his company. Most of the city was at a standstill (paralisação). A gas rationing
program has made people stop using their cars and begin taking buses. The
overload on the antiquated bus system had made it necessary for the bus drivers
to work overtime, therefore (portanto), they had gone on strike with no buses,
the transit system had collapsed.
That very evening, Mr. Lang made plans for a more efficient transportation
system using faster, cheaper and larger solar-powered buses. He is now even
richer and more successful with the plan in operation.
He’s a prosperous businessman.
successful
well-known
wealthy
well-off
SHALL = OFFER
Shall I buy you a ticket?
meet you at the theater?
bring you some coffee?
make you a drink?
fix you a snack?
ALTHOUGH/IDEA/CONTRADICTION
Although he’s fat, he keeps on eating.
old, working.
broke, spending.
tired, playing.
drunks, drinking.
married, flirting.
Although he isn’t tall, he wants to play basketball.
Or by a noun:
SO AS TO / SO AS NOT DO
(to show intention)
It’s easy to see why there is so much confusion about generational cohorts.
If you’ve ever felt muddled by this "alphabet soup" of names — you’re not alone.
The real frustration hits when you realize that Millennial consumers represent
the highest-spending generation in 2020 — with a projected $1.4 trillion tab.
And though their current wealth has been dragged down by not one but two
“once-in-a-lifetime” economic crises during their most impactful career years,
Millennials stand to inherit over $68 trillion from Baby Boomer and early Gen X
parents by the year 2030, setting them up to potentially be the most wealthy
generation in U.S. history.
Generation Z isn’t far behind, projected to hit $33 trillion in income by 2030 —
that’s more than a quarter of all global income — and pass Millennials in
spending power the year after. 3
And coming up last but not least is Generation Alpha, the name given by social
analyst Mark McCrindle to the youngest children on the planet. By the year 2025
there will be nearly 2 billion members of Generation Alpha across the globe.
No matter how you slice the data, the younger generations have never been
more critical to your financial institution’s future.
Unless you understand who they are and what they want, you won’t capture a
dollar of their money.
People grow older. Birthdays stay the same.
A common source of confusion when labeling generations is their age.
Generational cohorts are defined (loosely) by birth year, not current age. The
reason is simple — generations get older in groups. If you think of Millennials as
college kids (18 - 22), then not only are you out of date — you’re thinking of a
stage in life, not a generation. Millennials are now well out of college, and that
life stage is dominated by Gen Z.
The term “Millennial” has become the popular way to reference both segments
of Gen Y (more on Y.1 and Y.2 below).
Sometimes labeled with the moniker “Zillennials”, those wedged at the tail end
of Millennials and the start of Gen Z are sometimes labeled with this moniker
— a group made up of people born between 1994 and the year 2000.
Originally, the name Generation Z was a placeholder for the youngest people
on the planet — although Generation A has now taken over that distinction.
However, in the same way that Gen Y morphed into Millennials, there is
certainly a possibility that both Gen Z and Gen A may adopt new names as they
leave adolescence and mature into their adult identities. While the label Gen
A makes discussion easier, it may not be the last word on this group of humans.
But the generation that followed the Boomers didn’t have a blatant cultural
identifier. In fact, that’s the anecdotal origin of the term Gen X — illustrating
the undetermined characteristics they would come to be known by. Depending
on whom you ask, it was either sociologists, a novelist, or Billy Idol who
cemented this phrase in our vocabulary.
Generation Z refers to babies born from the late 90s through today. A flurry of
potential labels has also appeared, including Gen Tech, post-Millennials,
iGeneration, Gen Y-Fi, and Zoomers.
While some say Generation Alpha is named for the first letter of the Greek
alphabet and denotes the first of a series of items or categories, Generation
Alpha may also just be an easy way to round the corner into a new alphabet.
Splitting up Gen Y
Javelin Research noticed that not all Millennials are currently in the same stage
of life. While all Millennials were born around the turn of the century, some of
them are still in early adulthood, wrestling with new careers and settling down,
while the older Millennials have a home and are building a family. You can
imagine how having a child might change your interests and priorities, so for
marketing purposes, it's useful to split this generation into Gen Y.1 and Gen Y.2.
Not only are the two groups culturally different, but they’re in vastly different
phases of their financial life. The younger group is just now flexing their buying
power. The latter group has a more extensive history and may be refinancing
their mortgage and raising children. The contrast in priorities and needs is
stark.
The same logic can be applied to any generation that is in this stage of life or
younger. As we get older, we tend to homogenize and face similar life issues.
The younger we are, the more dramatic each stage of life is. Consider the
difference between someone in elementary school and high school. While they
might be the same generation, they have very different views and needs.
They’re useful terms for marketers and tend to trickle down into common
usage. Again, it’s important to emphasize that referring to a cohort only by the
age range gets complicated quickly. Ten years from now, the priorities of
Millennials will have changed — and marketing tactics must adjust instep. There
are also other categories of cohorts you can use to better understand consumers
going beyond age or generation.
Remember, these arbitrary generational cutoff points are just that. They aren’t
an exact science and are continually evolving.
Whatever terminology or grouping you use, the goal is to reach people with
marketing messages relevant to their phase of life. In short, no matter how
many letters get added to the alphabet soup, the most important thing you can
do is seek to understand the soup du jour for the type of consumer you want to
attract.
The other fact to remember is that new technology is typically first adopted by
the youngest generation and then is gradually adopted by the older generations.
As an example, 96% of Americans have a smartphone, but Gen Z (the youngest
generation) is the highest user.