New York, NY (March 10, 2014) — Crowdtap, the Leading Social Influence Marketing Platform, has released a new research report on the media consumption habits of millennials, how they perceive information from various sources and how these same media sources impact purchasing decisions.
The research was conducted in partnership with Ipsos Media CT and the Social Media Advertising Consortium (SMAC).
Millennials, which are forecasted to have record-breaking purchasing power, are most influenced by user-generated content (UGC).
Key research highlights as follows:
Given the study findings, UGC empowers marketers with greater access to millennials' time, a more trusted channel to deliver brand messages and a more memorable experience. This combination provides a unique medium and if leveraged correctly, gives brands the opportunity to be influential by leveraging UGC.
Download the full research study as part of Crowdtap's research paper, Social Influence: Marketing's New Frontier.
Editor's Note: Crowdtap and partner Ipsos conducted this research in January 2014. The universe was 839 US men and women from the Millennial Generation (defined as age 18-36).
Crowdtap, the People-Powered Marketing Platform, is a new operating system for brands powered by the people who love them. Crowdtap makes it easy for marketers to build open brands by accelerating customer feedback and inspiring content and conversations at-scale.
In 2014, Crowdtap was named one of the 100 Most Promising Companies in America by Forbes and the No. 54 fastest-growing private company in the Inc. 500 List. The company has been ranked one of the Top 10 Places to Work in Marketing & Advertising by Fortune, the No. 3 Best Place to Work in New York by Crain's, and the No. 6 Best Tech Company to Work For by Mashable.
With a growing community of passionate members, Crowdtap works with leading brands including General Mills, Heineken, Kraft Foods, P&G, Verizon, Walmart and Yum Brands.
Headquartered in New York, Crowdtap has raised $15 million through the Foundry Group, Tribeca Venture Partners, Alta Communications and The Mustang Group.
Visit corp.crowdtap.com for more information.