Boomer Marketing Report :: November 17th Audio Webinar ::
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The latest wave of the Boomer Project/Survey Sampling International Boomer Marketing Report will be published shortly. Due to demand for seminars across the country, we've scheduled online/audio "webinars" to present the findings. The first such webinar will be held Wednesday, November 17th from 3:00-5:00pm EST.
Learn more about the webinar and sign up to attend here.
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News from the Boomer Project
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Well, we survived the election. More importantly,
they aren't still counting votes. Much better than
last time.
Unfortunately, it means I've noticed all the Holiday
commercials which started airing the day after
Halloween. Oh well.
In our little corner of reality, the latest wave of the
Boomer Marketing Report is back from the
field and the data is being analyzed. The Report
should be published later this month.
Also, our first industry report is now ready for
sale. Titled
"50 Things Every Retailer Needs to Know About
Boomers Over 50," this report provides
information on the key statistics and data a retailer
needs to know, and the resulting implications for your
retail marketing efforts.
We also have some news to report. Seems some
retailers are figuring out the importance of older
Boomers. Read Honky Tonk Women to learn
about the Gap's new initiative.
We also update you on the progress of the
Experience Corps in Waiting On a Friend.
Lastly, we're sharing a finding from the latest wave
of the Boomer Marketing Report in our Boomer
Factoid of the month.
As usual, if you have a thought or two to
share, send it in. Just drop us a line.

Matt Thornhill The Boomer Project
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Boomer News: 50 Things Every Retailer Needs to Know About Boomers Over 50
After months of reading every research report we
could find, plus conducting our own research, we
realized there's a gap between the data available and
some actionable information.
Plus, we rarely see any interpretation of what it all
means for marketers.
Not any more. This Report, the first in a series,
organizes and presents the critical information we
think you should understand about Boomers over 50,
and then provides key insights as to what it could
mean for your retail business.
This Report will provide you with what a retailer --
big or small -- needs to know about Boomers over
50. Plus, it will arm you with ideas, strategies and
tactics to make your marketing effort targeting this
group more successful.
"50 Things" is organized this way:
1-15: 15 Things You Need to Know About Who
They Are
There are demos and there are demos. Which ones
are important? Which ones have meaning for a retail
business?
16-30: 15 Things Boomers Over 50 Want Out of
Life
As they grow older (and hardly age), how are
Boomers thinking? What's important in their lives?
How do they view the world? What does this mean
for you, a retailer?
31-35: Five Things Boomers Over 50 Want Out
of a Retail Experience
How should your approach to merchandising
and organizing the retail experience evolve to
accommodate older Boomers?
36-50: 15 Ways to Better Connect with
Boomers Over 50 in Your Advertising
Knowing who they are, what they want out
of life and what they want from a retail experience
still isn't enough. You also need to better understand
how they look at advertising and marketing. They
process information differently now than when they
were younger. As a result, your messages need to
change.
And, as a special bonus, the Report contains two
additional sections:
Buy the Report today for $50.00 online
here.
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Honky Tonk Women: Women Over 35 As A Marketing Target?
Big news in the world of retail: Gap recently
announced that they are going to develop a new
clothing store targeting women over the age of 35.
All they have shared so far is this
press release.
It makes you wonder, though.
Where have women over 35 been buying clothes
before Gap had this insight?
Nonetheless, we take this as a good sign. Finally a
mainstream marketer is realizing that the future
growth in their business isn't going to come from
gaining more 18-24 year olds, but by attracting more
35-54 year olds (and older).
In fact, the US Census projects that the 50+ age
group will grow by 70% over the next 15 years. No
other segment will grow by more than 10%. David
Wolfe, in his book "Ageless Marketing" warns
marketers to "expect no sales growth in this decade
among 25-44 year olds because they're shrinking by
4.3 million people."
Seems "Gap" is more than the name for a store.
It's the difference between a demographic group
that's growing in size versus one that is
shrinking.
So as they say in England: Mind the gap.
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Waiting On a Friend: Boomers and the Experience Corps
Let's say you're a marketer targeting Boomers over
50 and you are looking to support a non-profit for
your cause-related marketing program. Then you
better learn more about Experience
Corps.
Because that's where Boomers will flock.
First, the info about Experience Corps, from their
site: "Experience Corps was launched in
1995 with three goals: to channel the talent and
energy of growing numbers of older adults into public
and community service; to provide significant
benefits for the older Americans who participate; and
to achieve real outcomes in the community.
"Now in 13 cities, Experience Corps works to solve
serious social problems, beginning with literacy.
Today more than 1,500 Corps members serve as
tutors and mentors to children in urban public schools
and after-school programs, where they help teach
children to read and develop the confidence and skills
to succeed in school and in life.
"Research shows that Experience Corps boosts
student academic performance, helps schools and
youth-serving organizations become more successful,
strengthens ties between these institutions and
surrounding neighborhoods, and enhances the well-
being of the volunteers in the process."
Sounds great. How's it relate to Boomers, you ask?:
Well, older Boomers are starting to look for ways to
give back to their community. And they're looking for
something that will enable them to make their own
mark. Experience Corps could be a good starting
point.
You can get a better understanding of the
opportunity by reading a fascinating and thorough
report called "Reinventing Aging: Baby Boomers and
Civic Engagement," by the Harvard School of Public
Health and Met Life. The report can be found
here.
Then contact the folks at Experience Corps: 202-478-
6190. Tell them we gave you their number.
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Boomer Factoid: Plugged In and Tuned Out
According to the Boomer Marketing Report,
Baby
Boomers over 50 are still trying to keep up with the
latest technology, but aren't trying to keep up with
the latest pop culture, fashion, or music.
When asked, "Compared to ten years ago, would you
say you are more likely or less likely to keep up with
the very latest ..."
- Technology: 65% said "more likely," only 5%
said "less likely"
- Pop Culture: 4% said "more likely," while 62%
said "less likely"
- Fashion: 9% said "more likely," while 40%
said "less likely"
- Music: 17% said "more likely," and 39% said "less
likely"
So they're plugged in but tuned out.
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