TRANSFORMATION OF MARKETING APPROACHES IN THE CONTEXT OF GENERATIONAL DIFFERENTIATION OF CONSUMERS

Keywords: generational differentiation, marketing approaches, consumer behavior, digital marketing, consumer trust, branding, consumer segmentation

Abstract

The article examines the transformation of marketing approaches in the context of generational differentiation of consumers under conditions of digitalization, media fragmentation, and increasing competition for audience attention. It is substantiated that modern marketing is undergoing profound changes driven not only by technological development but also by shifts in consumer behavior, trust formation mechanisms, and value perception. The study analyzes theoretical approaches to the evolution of marketing and contemporary concepts of consumer segmentation. It is established that traditional demographic segmentation is losing its effectiveness, giving way to behavioral, value-based, and psychographic approaches. It is argued that generations should not be treated as rigid categories but rather as an analytical framework for identifying differences in decision-making processes, sources of trust, and consumer preferences. The research identifies key behavioral characteristics of different generations. In particular, older generations are primarily oriented toward stability, functional value, and trusted sources of information; millennials focus on a combination of quality, convenience, and customer experience; while Generation Z demonstrates a strong orientation toward authenticity, social proof, personalization, and the integration of brands into their personal identity. These differences necessitate a transformation of marketing strategies and a shift from one-way communication to participatory and co-creation models. Special attention is given to the role of the digital environment, social platforms, influencers, and user-generated content in shaping a new architecture of trust. It is determined that modern marketing operates as a system of interactions within digital ecosystems, where the brand is no longer the sole source of information but part of a broader communication network. The study also explores the impact of artificial intelligence technologies on consumer decision-making, particularly their role in personalization and decision support. Based on the findings, the necessity of developing adaptive marketing strategies is substantiated. Such strategies should combine a stable brand value core with flexible adaptation of communication tools to the characteristics of different generations. The practical significance of the study lies in the possibility of applying these approaches to enhance marketing effectiveness through a deeper understanding of consumer behavior and trust formation in the digital environment.

References

Котлер Ф., Картаджая Г., Сетьяван А. Маркетинг 5.0: технології для людства. Київ : КМ-Букс, 2022. 208 с.

Keller K. L. Strategic Brand Management: Building, Measuring, and Managing Brand Equity. 4th ed. Harlow : Pearson Education, 2013. 608 p.

Twenge J. M. Generations: The Real Differences Between Gen Z, Millennials, Gen X, Boomers, and Silents – and What They Mean for America's Future. New York : Atria Books, 2023. 560 p.

Pew Research Center. How Pew Research Center Will Report on Generations Moving Forward. URL: https://www.pewresearch.org/short-reads/2023/05/22/how-pew-research-center-will-report-on-generations-moving-forward/

McKinsey & Company. True Gen: Generation Z and its implications for companies. URL: https://www.mckinsey.com/~/media/mckinsey/industries/consumer%20packaged%20goods/our%20insights/true%20gen%20generation%20z%20and%20its%20implications%20for%20companies/generation-z-and-its-implication-for-companies.pdf

Deloitte. Digital Media Trends 2025: Consumer behavior in the evolving media ecosystem. URL: https://www.deloitte.com/us/en/insights/industry/technology/digital-media-trends-consumption-habits-survey/2025.html

Ipsos. Global Trends 2024: Understanding how consumer attitudes are evolving. URL: https://www.ipsos.com/en/global-trends

GlobalWebIndex. Social Media Trends 2024 Report. URL: https://www.gwi.com/reports/social-media-trends

YouGov. Do Americans care about brand values? Trust leads overall but priorities shift by generation. URL: https://yougov.com/consumer/articles/54407-do-americans-care-about-brand-values-trust-leads-overall-but-priorities-shift-by-generation

American Marketing Association. Behavioral Segmentation Is the Key to Understanding Consumers. URL: https://www.ama.org/marketing-news/deep-dive-behavioral-segmentation-is-the-key-to-understanding-consumers/

Belk R. W. Extended Self in Consumer Behavior. Journal of Consumer Research. 1988. Vol. 15. No. 2. P. 139–168.

Ткаченко Т. І. Маркетинг територій: теорія, методологія, практика. Київ : КНЕУ, 2018. 384 с.

Решетнікова І. Л. Поведінка споживача. Київ : КНЕУ, 2019. 312 с.

Зозульов О. В. Маркетинг: навчальний посібник. Київ : КНЕУ, 2020. 296 с.

NielsenIQ. The X Factor: How Generation X is quietly driving trillions in consumer spending. URL: https://nielseniq.com/global/en/insights/report/2025/the-x-factor/

Procter & Gamble. Annual Report 2023: Building brands through consumer trust and product superiority. URL: https://www.pginvestor.com/investor-relations/financial-reports/annual-reports

Starbucks Corporation. Form 10-K Annual Report 2023. URL: https://investor.starbucks.com/financial-data/annual-reports/

Nike, Inc. Form 10-K Annual Report 2023. URL: https://investors.nike.com/investors/financials/annual-reports

Kotler, P., Kartajaya, H., & Setiawan, I. (2022). Marketing 5.0: Technology for humanity [Marketing 5.0: tekhnolohii dlia liudstva]. Kyiv: KM-Buks.

Keller, K. L. (2013). Strategic brand management: Building, measuring, and managing brand equity (4th ed.). Harlow: Pearson Education.

Twenge, J. M. (2023). Generations: The real differences between Gen Z, millennials, Gen X, boomers, and silent-and what they mean for America's future. New York: Atria Books.

Pew Research Center. (2023). How Pew Research Center will report on generations moving forward. Available at: https://www.pewresearch.org/short-reads/2023/05/22/how-pew-research-center-will-report-on-generations-moving-forward/

McKinsey & Company. (2018). True Gen: Generation Z and its implications for companies. Available at: https://www.mckinsey.com/~/media/mckinsey/industries/consumer%20packaged%20goods/our%20insights/true%20gen%20generation%20z%20and%20its%20implications%20for%20companies/generation-z-and-its-implication-for-companies.pdf

Deloitte. (2025). Digital media trends 2025: Consumer behavior in the evolving media ecosystem. Available at: https://www.deloitte.com/us/en/insights/industry/technology/digital-media-trends-consumption-habits-survey/2025.html

Ipsos. (2024). Global trends: Understanding how consumer attitudes are evolving. Available at: https://www.ipsos.com/en/global-trends

GlobalWebIndex. (2024). Social media trends 2024 report. Available at: https://www.gwi.com/reports/social-media-trends

YouGov. (2024). Do Americans care about brand values? Trust leads overall but priorities shift by generation. Available at: https://yougov.com/consumer/articles/54407-do-americans-care-about-brand-values-trust-leads-overall-but-priorities-shift-by-generation

American Marketing Association. (2023). Behavioral segmentation is the key to understanding consumers. Available at: https://www.ama.org/marketing-news/deep-dive-behavioral-segmentation-is-the-key-to-understanding-consumers/

Belk, R. W. (1988). Extended self in consumer behavior. Journal of Consumer Research, no. 15(2), pp. 139–168.

Tkachenko, T. I. (2018). Marketynh terytorii: teoriia, metodolohiia, praktyka [Marketing of territories: theory, methodology, practice]. Kyiv: KNEU.

Reshetnikova, I. L. (2019). Povedinka spozhyvacha [Consumer behavior]. Kyiv: KNEU.

Zozuliov, O. V. (2020). Marketynh: Navchalnyi posibnyk [Marketing: textbook]. Kyiv: KNEU.

NielsenIQ. (2025). The X factor: How Generation X is quietly driving trillions in consumer spending. Available at: https://nielseniq.com/global/en/insights/report/2025/the-x-factor/

Procter & Gamble. (2023). Annual report 2023: Building brands through consumer trust and product superiority. Available at: https://www.pginvestor.com/investor-relations/financial-reports/annual-reports

Starbucks Corporation. (2023). Form 10-K annual report. Available at: https://investor.starbucks.com/financial-data/annual-reports/

Nike, Inc. (2023). Form 10-K annual report. Available at: https://investors.nike.com/investors/financials/annual-reports

Article views: 0
PDF Downloads: 0
Published
2026-06-26
How to Cite
Tarasova, K., Salo, Y., & Novak, H. (2026). TRANSFORMATION OF MARKETING APPROACHES IN THE CONTEXT OF GENERATIONAL DIFFERENTIATION OF CONSUMERS. Transformational Economy, (2 (15), 152-157. https://doi.org/10.32782/2786-8141/2026-15-24