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Technology Revolution: The Future of Now

Fashion Retailer Alert: Delight Millennials or Die! – Part 1

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9112 Ratings

🗓️ 21 August 2013

⏱️ 58 minutes

🧾️ Download transcript

Summary

The buzz: Millennials are here. Retailers, watch out. Tom Julian, Doneger Group: “Millennials have become the most racially diverse, most educated, self-expressive, liberal, upbeat generation to date. They have impacted shopping/commerce, the work environment, social media platforms, and lifestyle behavior around technology.” Greg Girard, IDC: “Savvy retailers are evolving and melding digital and physical omnichannel assets to engage millennials, the vanguard of a pervasive digital persona touching nearly every aspect of 21st century life. Retailers that don't will soon be ‘out of fashion’.” Frida Wollweber, Cucuka: “Retailers be alert, millennials’ expectations are high! Offer your finger, they will take your hand. Listen, don’t talk. Gain their trust and they will treat you well.” Li Gong, SAP: “Fashionista millennials say, ‘I don't want to see products on a model or mannequin. I want to see how other girls wear them’.” Hear Fashion Retailer Alert: Delight Millennials or Die! – Part 1

Transcript

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0:00.0

Brian Dean Wright here, former CIA operations officer and hosts of a daily news podcast called The Right Report, like the Wright brothers.

0:08.6

Each morning at 5 a.m. Eastern, I take you with me around America and around the world for news that you need to know.

0:14.5

But here's what's different about the Wright Report. I use news sources from the left like MSNBC and from the right, like Fox News.

0:21.7

I present that to you before I then make clear that I'm pivoting to my analysis and opinion of what to make of it all.

0:27.4

And that's important, separating facts and data from analysis and opinion.

0:31.5

In fact, that is exactly how a good intel officer does it.

0:34.5

We're trying to provide global secrets and assessments to the White House in what is called the President's Daily Brief, and that is why my podcast is so very different.

0:42.7

So join me and thousands of my listeners each and every day on The Wright Report.

0:46.8

You'll find it Monday through Friday at 5 a.m. Eastern on all major podcast platforms.

0:51.6

Once again, I'm Brian Dean Wright. I sure hope to see you tomorrow morning

0:54.9

with your daily presidential brief on The Wright Report.

1:09.0

Welcome to the most nutritious hour of business talk all week.

1:13.2

This is Coffee Break with Game Changers, presented by SAP.

1:17.2

The best run business is Run SAP.

1:19.8

Your host and moderator is Bonnie D. Graham.

1:22.2

You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's

1:28.3

businesses in new directions.

1:30.0

Now, here's Bonnie D. Graham.

1:32.4

If you want to run with the game changers, you're in the right place.

1:37.0

Today's buzz, millennials are here, millennials are here.

1:41.2

Warning to all fashion retailers out there, you'd better watch out. Let me level set a little

1:46.7

bit here before I tell you about our panelists. Okay, the millennial generation, by the way,

...

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