The Top 5 Trends Of 2020 Which Sets Generation Z Apart

Published on: 28 May 2020 Last Updated on: 29 May 2020
Generation Z

It is time for the Millennials to move over. There is a new generation, which is making all the right waves right now. Generation Z is a generation, which has been born in the late 1990s. They have grown up in the age of social media, eCommerce shopping, and cryptocurrencies.

Gen Z, as they are fondly called, is different in many ways to the earlier generations. In terms of their approaches towards life, finances, health, politics, and society, Gen Z is much more aware, conscious, and willing to take action.

In this article, we are going to discuss who or what is Generation Z. In addition, we are going to look at five top trends; Gen Z is leading, following, or heralding in 2020.

Generation Z: Meaning and Introduction

According to the global consulting firm, McKinsey, members of Gen Z are born between the years 1995- early 2000s. They use the term ‘digital natives’ to accurately describe them and also differentiate them from earlier generations, like the Millennials and the Alpha.

Being digital natives, Gen Z was born into information technology. One of the major fallouts of being born into the age of information technology is that their habits, patterns, interest areas, worldviews, culture, and relationships are entirely different.

Some of the immediate aspects, which can be tangible, presented are- social media, eCommerce, online learning, online gaming, cryptocurrencies, etc. One other aspect, which needs to be considered when understanding Gen Z is the time period of their birth.

Gen Z has seen the Financial Crash of 2007-2008 at close quarters. They saw their parents losing jobs, defaulting on mortgages, social service benefits, and so on. This has impacted them in a severe fashion.

Top 5 Trends being ushered in 2020 by Gen Z: The List

1. Vaping-

Vaping

If there is one generation, which can be credited for not only introducing but also making vaping mainstream, it is Gen Z. Being careful about their health, and not taking tobacco, is a statement for the generation. This is why vaping has become not only a cultural phenomenon but also a new and hot trend in 2020 in different parts of the world.

Tobacco companies and cigarette manufacturers are lobbying hard so that favorable components like e-liquid and vaping cannot replace them. However, it is very difficult to offset vaping in 2020. This trend is not only cool but also much healthier.

2. Electric Vehicles (EVs)-

Electric Vehicles

There is no doubt that Gen Z feels passionate about the environment. They have seen and experienced what the previous generations have done to the environment. Climate Change and Global Warming have made them abandon fuel vehicles in exchange for EVs.

In essence, Gen Z has even forced mainstream automobile manufacturers to create good products, which are- economical, affordable, feature-rich, and reliable. The year 2020 is going to be a major year for electric vehicles as they look to attract members of Gen Z.

3. Financial Investments-

Financial Investments

When it comes to finances and investments, Gen Z is more conscious than the earlier generations. As they had seen their parents go through the hardships of the financial crash, they are also very distrustful of governments and traditional financial institutions.

This makes them invest in new areas of investment like cryptocurrencies, vintage cars, wine, and other non-traditional areas. As they are innovative in their options, they are also earning high profits in the process.

4. Ecommerce Shopping-

Ecommerce Shopping

One of the starkest effects of Gen Z’s digital behavior is E-commerce. We are not only talking about buying things from eCommerce platforms. We are also talking about getting services, food, booking tickets, consuming entertainment, all from the internet.

This has led to the creation of a new trillion-dollar industry, which caters to different populations all over the world. You can practically get anything home delivered from any part of the world. Gen Z is the major driver of initiating changes in consumption patterns.

5. A Young Entrepreneurial Culture-

If someone had told you fifteen or twenty years back that, a 20-year-old created his own multimillion-dollar empire (self-made), would you have believed them? The answer is no. Gen Z has redefined the rules of entrepreneurship. They are setting up businesses when they are as young as 15 or 16 years of age.

They are also getting support from their families are using the internet and digital platforms in order to boost their businesses. This is why many members of Gen Z never want to work for anyone else. They prefer setting up their own businesses and running them.

Conclusion

In recent years, Gen Z’s influence on the state of world affairs is palpable. They are using technology and other resources at their disposal to create new needs, consumption patterns, and demands in the world economy. Many brands are strongly catering to the specific nature of demands made by this generation.

Read also:

Mashum Mollah is the feature writer of Search Engine Magazine and an SEO Analyst at Real Wealth Business. Over the last 3 years, He has successfully developed and implemented online marketing, SEO, and conversion campaigns for 50+ businesses of all sizes. He is the co-founder of Social Media Magazine.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

This Family Day

Tackle Your Shredding This Family Day

Like every year since its inception back in 2008, Family Day is coming to Ontario this February. While many people in Toronto and the GTA plan on participating in community events, exploring the city, or heading out of town to commune with nature, many families will stay in. As with any holiday that creates a long weekend, Family Day is a perfect opportunity for these house-bound families to tackle hobbies and projects. Whether this day is spent cleaning out closets, organizing piles of paperwork, or preparing for tax season, Family Day is a great break in the heart of the winter season. The process for sifting through papers Bills, papers, magazines, and more—they all have a way of stacking up and taking up a ton of space. Before you discard some of these unnecessary items, check to see if any of these papers have your personal information on them—meaning your name, contact details, or financial account numbers. Though you may not realize it, many of the papers in your home have this important info printed on their pages. Here’s a list of just some of the things you need to keep an eye on: Junk mail Chequing account deposit slips Used airline tickets Old medical bills Pre-approved credit card letters Since these show your personal information, they can never arrive in your garbage or recycling bins where criminals can easily find your information. You’ll need to secure shredding Toronto business owners trust for their commercial services, as this is the only way to ensure this stuff is destroyed permanently. Not everything included in the above list is ready for shredding just yet. Some items will need to be kept for specific periods of time. One year: Bank statements and canceled cheques, retirement and investment account statements, and utility bills a be shredded within a year unless you have used them in your taxes. Seven years: Cancelled checks and receipts that serve as evidence of tax deductions should be stored in a fireproof box or with other important papers. You will find these documents very helpful should you be contacted for an audit. Indefinite: Never shred important papers such as a deed, mortgage, SIN cards, or passports. Identity theft is a major crime that affects thousands of people each year. What you may think is unimportant to thieves can actually give them important details about your life. When it comes to paper shredding Toronto destruction services can help prevent your personal information from falling into the wrong hands. They can also protect your digital information with mobile trucks equipped with sharp blades. The teeth of these blades can crush electronics, so their hard drives are no longer accessible to garbage divers. As for the other odds and sods that come up in your Family Day de-cluttering, as long as it doesn’t have your personal information on it, then you’re free to sell, donate, or throw it away as you please. Make a list of projects that could be performed this upcoming Family Day. Treat everyone to some hot cocoa after the work’s over and revel in a job well done. Read More: How To Select A Weed Wacker Tips For Selecting A Window Frame Color The Style Bible: How To Dress Up Like Millennial The Best Dog Breeds For Fitness Fanatics How To Achieve Kissable And Healthy Lips No Beauty Without Colors: 7 Ways To Add Color To Your Outdoor Spaces From Flint To Lasers – The Evolving Techniques Of Hair Removal The Best Multi-Tools For Woodworkers –Top Awesome Inventions

READ MOREDetails
final wishes

How to Make Sure Your Final Wishes Are Respected

Whether you don’t want your family to be left questioning how they should honor your memory or you want to be prepared for the worst-case scenario, make sure your final wishes are respected when your time comes. This can pose some challenges. Sometimes loved ones won’t fully understand your final wishes. At other times, they might disagree with some of your decisions. So how can you make sure your loved ones honor them? Let’s take a look at what final wishes can include, and some ways you can increase the chances your wishes are respected. What Are Final Wishes? Final wishes are decisions and requests you have related to your end-of-life treatment. This can include: Your preferred type of funeral or memorial service Whether you prefer burial or cremation Where you would like to be buried or where you would like your ashes stored or scattered Specific elements of your funeral service (music, flowers, readings, etc.) Information you would like to have included in your obituary Wishes you have relating to how your children should be raised if they’re minors at the time of your passing Three Ways to Ensure Your Final Wishes Are Respected While your final wishes aren’t guaranteed or legally enforceable, here are three things you can do now to increase the chances your loved ones will follow them. Put Your Final Wishes in Writing It’s important that your final wishes be in writing. This should be separate from your will, as family members might not even see your will before funeral plans are made. Having your final wishes in writing ensures you’ve covered the details. An elder attorney or any attorney who is helping with your will can assist with this, but this isn’t necessary. You can use online forms to guide you, or you can work through them with a trusted individual since they aren’t legal documents. Discuss Your Final Wishes with Loved Ones in Advance After you’ve written your final wishes, make sure loved ones know where they can be found. You might even print copies for those most likely to handle arrangements on your behalf. Go further than that and actually talk about your final wishes with your family. This way you can avoid any misunderstandings and answer questions or concerns they might have to minimize objections later. Make Funeral Arrangements Yourself If you’re in a position to do so, perhaps the best way to ensure your final wishes are respected is to contact funeral homes or cremation providers to pre-arrange your funeral. This way there won’t be any question as to what you want, it can already be paid for, and you won’t have to rely on grieving loved ones to remember and honor your plans. You can pre-plan everything from choosing your funeral director to securing your cemetery plot. A little pre-planning now will let your family know exactly what you want in the end. Don’t put off discussing your final wishes with them until it’s too late. Read Also: Surviving Loss: What To Do With An Estate After You Lose A Loved One Is A Loved One Addicted To Opiates? Here Are Common Signs Of Opiate Use

READ MOREDetails
How Successful People Think

How Successful People Think? Here Is Your Answer

How successful people think is no mystery. There are basically two types of people in this world. The ones who are normal people and the others who are successful people. What creates the difference between these two groups is that the ones who are exceptionally successful have a totally whole different perception of the world.  The way how successful people think and act distinguish them from everyone else around them. The strangest thing is that their life is no different from those of normal people. But the way they deal with it and come out is what makes them who they are.  Successful leaders will always have a positive attitude, respectful gesture, and smart actions. Whatever the hurdles might be, they never seem to back down. Rather, they stand tall and face the problems with an outlook on solving those problems.  Overview Becoming successful can be as easy as changing your mindset. Do you look at certain successful people and think to yourself, “How are they doing it?” Whenever we see people being successful or being good at what they do, it's easy to assume that success is a natural trait people are born with. Maybe you just don’t have it in you. Theory, as well as reality, has proven time and again that success is a mindset and not a personality trait. You can cultivate it inside you through strength of will and discipline. To Know How Successful People Think Is To Know The Way To A Good Life A wise man once asked me, “Why do we fall?’ To which I did not have an answer! But then that man told me, “We fall so that we learn to pick ourselves up.” Success never comes in easy. You have to make sacrifices, give in your everything, your blood, and sweat to reach the peak. But with time, as we have come to know how successful people think, it becomes a lot easier. It is not easy to think out of the box every time, but if you are keen enough, you can always follow the mantras of how successful leaders think and how they achieve the greatest heights. It is also said that you should never focus on how to become successful.  Rather it is more important to gain knowledge, learn and put in your best efforts into your work. You will find that success will automatically follow you. Nobody is born with any quality of successful thinking, but it is something you hone with time and experience.  There are certain mental habits that successful people follow. For now, all we can do is observe and learn from their footsteps. Here, I have jotted some of the most valuable beliefs that successful leaders have in common.  Optimistic Perception With negative thoughts in your mind, you will never be able to achieve your goals. Having an optimistic perception is one of the most important ways of how successful people think. You must have certain major dreams in your life.  But you might not be able to accomplish them immediately. But rather than contemplating how bad the situation is, thinking with a positive mindset will help you to set challenging goals and objectives which you will eventually be able to conquer.  Even while traveling to your goals, there will be a lot of obstacles. You must never underestimate the difficult situation. But you must not turn your back on these issues. Keeping yourself strong and thinking about several solutions of how to tackle the situation is the identity of a true leader. Accountability Even the world’s greatest leaders make mistakes and fail time and time. Mistakes and failures are the most common elements of human life. Nobody in this world is perfect. And you cannot escape from reality. Many of us think committing mistakes and taking liability for them will put us down in front of others. The way how successful people think and deal with such a situation is by owning up to their errors and mistakes and withstanding the failures.  Taking accountability for your own faults not only lifts up your respect in the eyes of others but also increases your emotional resistance. It also makes you a better person because you have the guts to accept your mistakes.  Only if you fail you will know how to succeed. There is no shortcut to success. Failing at something you really want or love will only increase your hunger to attain it.  Always Being Specific Being specific is a hard-earned method to set your goals. For example, you might make a statement in a broader sense by saying, “I will prepare for the interview.” But how successful people think and say about the same is, “I will start preparing for this interview right from today evening.”  This thought process is what makes them stand out in a crowd. If you are not being specific about accomplishing your objectives, it will keep on lagging, and ultimately it won’t turn out to be fruitful.   When you have thoughtfully specified each and every point that you need to achieve the target, it becomes a lot simpler to turn your dreams into reality.  It makes you realize several other aspects of the issue.  Learning and Growing Mindset  Successful people would not be successful if it was not for their knowledge in their respective fields. You might be talented in a particular sector, but it is not enough to get you on the run.  You must have that hunger in yourself to learn about new things every day. Whether it is in your own field or some other, having the urge to learn and work behind it can get you to the top.  How successful people think is because of the time they invest in reading, learning, practicing, attending classes and workshops. This is what drives them to grow professionally, as well as personally, in order to enhance and develop new and better skills.  Many of the world’s greatest athletes, when asked by reporters about their secret ingredient to success, have answered the same thing, “Practice, Practice, and Practice.” They kept practicing even though they knew they were the best, and that is what made all the difference.  Taking Initiatives and Building Relationships When a situation arises, a crowd of normal people would hesitate to take any action or speak up about what should be done. But the way how successful people think tells us that such a person would any day take the initiative to come forward and try to handle the situation.  When a person takes the initiative to speak up or carry out an activity, it conveys how confident he is as a person. It portrays how he has the zeal in him to manage or handle things. A true leader would never step back from taking up responsibility. Rather he will be proactive about it.  Another aspect of successful thinking is to know how to build relationships with people. When you are in a different environment away from your familiar one, you will meet a lot of new people. Some people might be very friendly or exciting, while others might be not. But how successful people think about such a situation is that one must cordially maintain a good relationship with all.  Building good relationships with people at your workplace will enable you to build an efficient team and deliver effective results. It is you who has to impart all your good qualities to the people around you and turn them into successful thinkers as well.  Conclusion Author Charles Swindoll wrote, “I am convinced that life is 10 percent what happens to us and 90 percent how we respond to it.” This should be the same approach when you are trying to become successful. It can be easy to think that the road to success is either easy or you have to be born with it. It cannot be any further from the truth, though. If you want to become successful, you must simply think the right way. Your thoughts can rule you as well as guide you. The best part is that a success mindset is not too difficult to attain. The base is you cultivating a big picture thinking, which is easy. You must give yourself the space to fail, and you must never stop learning. Place your priorities in the correct order. While you were reading this article, did you feel a bit motivated? Did you feel a little more positive about life? Well, I did while writing this! Read Also: How to Plant Grass Seed on Hard Dirt 2 Easy Steps to Change YouTube Channel Name Without Changing the Gmail Name How to Thicken Chili

READ MOREDetails