| Gen Y: The cash money crop |
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By Nicole Volta Avery Features Writer Detroit Free Press, Detroit, Michigan CHICAGO -- Any newspaper that has a dollar to spare should spend it on the courtship of Generation Y, says Mike Smith, managing director of the Media Management Center at Northwestern University. At "Gen-Y: Do More Than Read Their Lips,'' a workshop at the 2001 AASFE Convention held recently in Chicago, Smith asserted that young adults, teens and tweens born between 1977 and '95 should be targeted by newspapers seeking to grow another generation of loyal readers. Unlike, baby boomers and Gen Xers, the "Next Generation'' does not intrinsically distrust newspapers. "They are willing to consider newspapers in the media mix,'' Smith says. Sourced by U.S. cenus data and a variety of research, Smith offered a cultural snapshot of potential Gen Y readers. When crafting stories for a Gen Y audience, editors should keep in mind that they are the most diverse U.S. generation ever. They are consumer savvy, brand aware and technologically proficient. And compared to the rebellious Baby Boomers and the angry Gen Xers, Gen Y appears to embrace a more traditional value system. The workshop wrapped with a Q&A session featuring six Gen Y panelists from the Chicago area. Daryl Cheung, 17; Jon-Pierre Bradley, 17; Allison Rice, 16; Max Lavine, 13; Ravin Rice, 12, and 9-year-old Ernest Glaspie addressed topics that stretched from newspapers and reading to music and money. Here are a few highlights:
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