Spooky Season, Big Business: The Marketing Magic of Halloween

Halloween season has transformed from a costume-and-candy pit stop into a full-blown cultural economy. Sean Reed, Head of Accounts at Saylor, explains how what was once a “down time” for brands is now a creative gold rush.

Why do you say Halloween has become the “new holiday” for marketers?

You can largely thank millennials for this change in the air, as our love of fandom and nostalgia is a key driving force behind Halloween’s rise from the dead. Ten plus years ago, Halloween was the relatively quiet stretch after back-to-school and before holiday campaigns heated up. If brands activated, it was targeted very specifically towards parents and families. Trick-or-treat—and-that’s-it. Now, it’s evolved into a mainstream (read: cool) cultural touchstone that lives way beyond and before October 31st. It’s no longer just a day; it’s a season that gives brands license to go bold, weird (complimentary), even cinematic.

We’re living in an age where audiences crave immersive, shareable, breakthrough experiences. Halloween gives brands permission to embrace that spirit—sometimes literally.

What are the generational and cultural forces driving this shift?

Millennials and Gen Z are obsessed with—even possessed by—nostalgia. It’s a powerful force that has been haunting the cultural conversation and driving this shift, primarily among these two demos. And if nostalgia is the ghost in the shell, social media is the spell helping to fuel its presence.

After all, this is an audience that grew up in a rich pop culture and internet-driven Halloween renaissance. Think era-defining Halloween and horror classics, digital costumes, and viral trends. It’s no wonder we’ve also seen the rise of “Disney adults” in recent years. These fans are selling out Halloween Horror Nights and buying costumes for their pets because they’re at a stage of life where they have the disposable income to fully lean into their urge to re-enchant their everyday lives.

In fact, millennials are projected to spend an average of $522 this year on Halloween, with Gen Z close behind at $435. Around 71% of these groups are celebrating the holiday, and Gen Z leads with a wild 93%.

Additionally, social platforms like TikTok have turned Halloween into a performative, participatory moment where sharing transformations, DIY costumes, and immersive content defines the holiday’s spirit. Their spending and posting reflects a desire for experiences—parties, haunted houses, ornate décor—not just candy and costumes. This fusion of culture, nostalgia, and community makes Halloween a powerhouse for marketing.

 What defines a truly successful Halloween campaign?

 Success comes when a brand doesn’t just slap Halloween visuals on a product but taps into the spirit of transformation and community. Brands that create authentic storytelling moments and lean into fandom cultures resonate best. Most importantly, every brand should be teaming up with ultra-niche creators—spanning the spooky to scary seasonal scale—and leveraging them as true content partners. 

For millennials and Gen Z, Halloween is about playing a character or entering a world, so campaigns that invite fans into that world win big. It’s about casting a spell rather than trying to sell—building cultural capital and true engagement as the goal. 

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