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'There's a new consumer on the horizon'
Manama - Ogilvy Noor has announced the release of its latest book 'Generation M: Young Muslims Changing the World', an exploration of what it means to be a young Muslim today and why this generation demands our attention. Written by Ogilvy Noor's Vice President and award winning author Shelina Janmohamed, the groundbreaking book underscores Ogilvy Noor's global thought leadership around Muslim consumers. It is the first book of its kind to paint an intimate portrait of the attitudes, aspirations and cultures of a growing population for whom faith and modernity go hand in hand, and for whom consumption is a badge of identity.
As the the world's first bespoke consultancy for building brands with Muslim audiences, Ogilvy Noor has expanded globally to now operate in key markets throughout Asia, the Middle East, Europe and North America. Its vision around the notion of engaging with Muslim audiences through building businesses, products and brands that directly engage with Muslim consumers, is explored in detail throughout 'Generation M'.
This understanding is vital for businesses and brands. The global Muslim population is expected to increase 73 per cent - from 1.6 billion in 2010, to 2.8 billion in 2050; by 2030 Muslims will make up 26.5 per cent of the global population and in 2050 will equal the number of Christians. The Islamic economy is estimated to be worth $2.6 trillion by 2020 with Islamic finance worth an additional $2.6 trillion.
It is Generation M in particular from among the global Muslim population that are driving change. Their youth, their growth and their economic power makes them one of the most important and exciting rising economic forces, with one third of Muslims today under fifteen and nearly two thirds under thirty.
As one of the 21st century's most powerful economic forces, author Janmohamed explains that the Muslim lifestyle which spans across all categories from food to travel to healthcare and more has resulted in a thriving Islamic economy. This is going hand in hand with a growing consumer concern about the values which brands and businesses are built on and convey. Understanding Generation M's values is key to engaging with them, and the book offers a deep exploration of those values and how to engage with them.
Shelina Janmohamed, VP, Ogilvy Noor and author of 'Generation M' said: "For too long, the faithful, modern, creative, brand conscious tech-savvy Generation M has been overlooked by businesses and brands. Yet this is one of the world's most influential and rising economic and social forces. Generation M goes beyond the statistics, to explore what motivates them, their inner aspirations and how they are going to shape our future."
Annette King, CEO, Ogilvy & Mather UK: "Ogilvy & Mather has always been at the forefront of changing cultural trends and attitudes, actively ensuring our communications reflect these shifts globally. The increasing prominence of 'Generation M' is a reality that the industry and brand owners now need to actively recognise. As ever, we lead the way for brands to successfully engage with one of the world's fastest growing & most influential commercial forces."
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About Ogilvy
Ogilvy is one of the largest marketing communications companies in the world. Through its specialty units, the company provides a comprehensive range of marketing services in-house including: brand advertising; direct marketing; interactive; digital and targeted media; brand identity; retail and in-store promotions; trade/event marketing, public relations; CRM and loyalty marketing; fast-track, low-cost delivery; analytics and research capabilities; strategic partnerships; branded content and entertainment; multicultural marketing, and sustainability marketing. Ogilvy services Fortune Global 500 companies as well as local businesses through its network of more than 450 offices in 120 countries. It is a WPP company (NASDAQ: WPPGY).
In January 2016, Ogilvy moved to the iconic Sea Containers building on the South Bank at the heart of London's 'creative mile', an area that celebrates culture, creativity and collaboration. For more information, visit www.ogilvy.co.uk.
About Ogilvy Noor
Ogilvy Noor is a consultancy that understands the deep needs of Muslim consumers. Our aim is to build strong authentic brands that empathise, appeal to, and engage with Muslim audiences across the globe today.
We are based in key hubs where growth and trends in Muslim audiences are most exciting. At the same time, we leverage the global networks of Ogilvy & Mather and WPP or we can partner with your existing agencies in order to deliver our expertise. Working closely with our group specialists in communications disciplines as well as categories means that we have the deepest and most cutting edge insights to support your brand.
All of this is pulled together by a team of passionate experts in the field of Muslim marketing. Our aim is to offer practical support, whatever the stage of Muslim consumer engagement.
About Shelina Janmohamed
Shelina Janmohamed is the bestselling author of Love in a Headscarf, a memoir about growing up as a British Muslim woman. She is an established commentator on Muslim social and religious trends, particularly around young Muslims and Muslim women, and writes for the Guardian, the National and the BBC. The vice president of Ogilvy Noor, the world's first bespoke global Islamic branding practice for building brands with Muslim audiences, she was named one of the world's 500 most influential Muslims, and specifically one of the UK's 100 most powerful Muslim women. The Institute of Practitioners in Advertising named her as one of the 'Future Female Leaders of British Advertising'.
© Press Release 2016
