SlideShare una empresa de Scribd logo
Travel Salem | January 21, 2010

Generational Marketing

Presented by Jennifer Larsen Morrow




                                      1
Generational Marketing | The Generations




Effective marketing requires first
understanding the audiences you’re
trying to reach.
For the first time in history there are four
different generations in the workplace, each
with different values, perspectives and
expectations. Each has preferred
communication media.

                                               2
Generational Marketing | Targeting




                                     • Consider motivations,
                                       lifestyles, attitudes
                                       and expectations
                                     • Different for each
                                       generation
                                     • Select the right
                                       method of
                                       communication for
                                       each generation



                                                            3
Generational Marketing | The Generations




You must be clear about the services or
products you’re offering, what are the
benefits?
How can you frame the benefits to connect with
the expectations of each generation?
What are the key messages?



                                                 4
Generational Marketing | Business and Industry Training System




                                           Defining the
                                           Generations


                                                                 5
Generational Marketing | Defining the Generations




The Silent Generation – Born 1925 to 1945
• 2005 Census – 63 million
• Now aged 65 to 85
• Have always done “the right thing”
• Reliable and show up for work on time
• Didn’t have their own war so looking for a
  “great adventure”
• Second middle age …
  “now or never”

                                                        6
Generational Marketing | Defining the Generations




The Silent Generation – Born 1925 to 1945
• Many founded and created the businesses
  that exist today
• Coming back to work after retiring
• Mentoring and volunteering
• Source of valuable knowledge and experience
• Most are tech-averse or fearful
• Financially stable and upwardly mobile

                                                     7
Generational Marketing | Defining the Generations




The Boomers – Born 1946 to 1964
•    2005 Census – 78 million
•    Now aged 46 to 64
•    The “Me Generation”
•    Boomers are driving the marketplace
•    Control 70% of the nations wealth
•    Not a homogenous group
•    Address lifestyle preferences and life stages

                                                        8
Generational Marketing | Defining the Generations




The Boomers – Born 1946 to 1964
• Living through Vietnam War affected view of
  authority
• Time-starved lifestyles
• Want to stay healthy, keep
  youthful appearance
• In the midst of intense
  transitions

                                                     9
Generational Marketing | Defining the Generations




Gen X – Born 1965 to 1977
• 2005 census – 48 million
• Now aged 33 to 45
• First generation of latch-key children,
  learned to rely on themselves
• More results-oriented, less process-oriented
• Will change jobs more frequently


                                                     10
Generational Marketing | Defining the Generations




Gen X – Born 1965 to 1977
• Savvy and cynical consumers
• No brand loyalty, earn confidence every time
• Want direct communication
  “here’s what needs to be done”
• Want sense of home,
  belonging, connection


                                                     11
Generational Marketing | Defining the Generations




Gen Y – Born 1978 to 2000
• 2005 Census – 76 million
• Now aged 10 to 32
• Also called Millennials, Reagan Babies,
  Generation Next, Echo Boomers
• Have honed a “sixth sense” in seeking what’s
  authentic, not wanting to be “sold”
• Always looking for the next “cool” thing

                                                     12
Generational Marketing | Defining the Generations




Gen Y – Born 1978 to 2000
• “One of smartest, tech savvy and idealistic
  generations of our time”
• Girls grew up participating in sports, more
  self-assurance, equality
• Multi-tasking is natural
• Always looking for the next
  big tech item, clothes,
  shoes to call their own
                                                     13
Generational Marketing | Defining the Generations




Generation “Now” ages 12 to 31
• Because they want everything quick, fast and
  NOW, and they want it their way
• Live in an instant-access electronic world
• Media multi-task – surfing the net, IM, social
  networking and cell phone all at once
• Short attention span, take in information
  quickly in small nuggets
• Brains are wired differently

                                                     14
Generational Marketing | Business and Industry Training System




                                           Generational Attitudes
                                           and Perspectives …
                                           How to Communicate

                                                                    15
Generational Marketing | Communication Challenges and Tools




Silent Generation attitudes
•    Some tech averse, yet many Email
•    More formal – manners, correct grammar
•    Traditional, generally more conservative
•    Loyalty to people
•    Willing and able to spend time with
     information/people, not in a hurry


                                                                  16
Generational Marketing | Communication Challenges and Tools




Silent Generation communication tools
•    Personal calls, stop to “visit”
•    Newspapers are well read
•    News and information channels
•    Direct mail that’s personalized and not flashy
•    Simple web sites



                                                                  17
Generational Marketing | Attitudes and Perspectives




Boomers’ Lifestyle Changes
• Caring for aging parents (the “sandwich”
  generation)
• Second marriages and second families
• “What is retirement?”
• “Helicopter” parents to high-school and
  college age children
• Too busy, want solutions to simplify their lives
  and save time

                                                       18
Generational Marketing | Attitudes and Perspectives




Boomers’ Perceptions and Attitudes
• Don’t think of selves as “old”, understand
  limitations of aging (reading glasses)
• Stay on top of trends, excitement, new ideas
• People over 50 see selves as “early middle
  age” and don’t see “old” for 20 years
• First generation of women who have made
  their own money, ready to spend it

                                                       19
Generational Marketing | Communication Challenges and Tools




Boomers’ communication tools
• Most general media: Television, radio,
  newspaper, outdoor, direct mail, Email
• Boomer women influence 80% of consumer
  goods purchases made by Boomers each year
• 8 of 10 boomers are online daily –
  the largest online consumer
• Facebook – 279% growth of
  35-54 year old users in 2009,
  55% female
                                                               20
Generational Marketing | Attitudes and Perspectives




Gen-X Attitudes
• Want a big, shared experience, surrogate
  family
• Look to friends for support system
• Want honest and straightforward
  communication
• Internet is not for work, it’s for fun
• Independent, not as brand loyal as Gen-Y

                                                       21
Generational Marketing | Communication Challenges and Tools




Gen X communication tools
•    Targeted television / cable TV, radio
•    Web sites, internet
•    Email me the information
•    Outdoor
•    Direct mail that’s bright, engaging,
     drives to the net for more information


                                                                  22
Generational Marketing | Attitudes and Perspectives




Gen-Y/Millennials Attitudes
• All technology is entertainment, high-speed
  access is expected
• Brand identification at an early age
• Brand loyal, style and image are everything
• In front of their computer, at the mall and in
  the movies
• Interested in good causes
• Higher expectations in the workplace

                                                       23
Generational Marketing | Attitudes and Perspectives




Gen-Y/Millennial
• Ambitious and future-oriented, globally
  connected
• Want to be involved in a product, asked for
  opinions
• Care about family, friends and community
• College planning is collaborative with parents
• More conservative than Gen-X, marrying
  younger, more religious affiliation

                                                       24
Generational Marketing | Communication Challenges and Tools




Gen Y communication tools
• Internet – MySpace, Facebook, YouTube
• Viral electronic marketing, mobile marketing
  (phones), text
• Network/community events/
  participation
• Direct mail that’s personalized,
  plenty of photos, drive to
  personalized web
                                                               25
Generational Marketing | Business and Industry Training System




                                           Targeted Messages



                                                                 26
Generational Marketing | Targeted Messages




Silent Generation messages
• Be courteous and respectful
• Make technology easy, no jargon
• Willing to mentor, volunteer, be involved
• Appeal to family values, patriotism
• Address issues of legibility:
  type size and colors
• Long text okay

                                                 27
Generational Marketing | Targeted Messages




Boomers’ key messages
• We’ll save you time (more important than
  money)
• We’ll simplify what’s complicated
• We’ll help you choose
• You’re active and youthful,
  life is to be lived well
• You’re ready to give back

                                              28
Generational Marketing | Targeted Messages




Gen-Xs’ key messages
• Our product is real and authentic, here’s why
  and how, here’s where to find out more
• You can count on us
• Join the group, join the team
• Here for a common purpose
• Enjoy your life and your work


                                                  29
Generational Marketing | Targeted Messages




Gen-Ys’ key messages
• Here’s the latest and coolest
• Get involved, contribute to the community,
  make a difference
• Plan now for your future, it’s about family
• You’re smart, here are
  your choices and the
  background to help you
  choose
                                                30
Questions?
                                                                                 Thank you!



We build compelling brand experiences that advance business and impact people.

results@creativeco.com | T 866.363.4433 | www.creativeco.com

© 2007 Creative Company, Inc. All rights reserved.

                                                                                              31

Más contenido relacionado

La actualidad más candente

The Millennial Generation Rules
The Millennial Generation RulesThe Millennial Generation Rules
The Millennial Generation Rules
Young & Rubicam
 
KSmithComm440presentation
KSmithComm440presentationKSmithComm440presentation
KSmithComm440presentation
Kenya Smith
 
Understanding the millennial
Understanding the millennial  Understanding the millennial
Understanding the millennial
Sigma_Group
 
Empathica millienial presentation @dr natalie.pptx
Empathica millienial presentation @dr natalie.pptxEmpathica millienial presentation @dr natalie.pptx
Empathica millienial presentation @dr natalie.pptx
Dr. Natalie Petouhoff
 

La actualidad más candente (20)

Generation y millennials
Generation y millennialsGeneration y millennials
Generation y millennials
 
Generation Impact: Millennials & Tomorrow's Workplace - E2 Keynote Presentati...
Generation Impact: Millennials & Tomorrow's Workplace - E2 Keynote Presentati...Generation Impact: Millennials & Tomorrow's Workplace - E2 Keynote Presentati...
Generation Impact: Millennials & Tomorrow's Workplace - E2 Keynote Presentati...
 
Beyond pink: Research on marketing to women consumers
Beyond pink: Research on marketing to women consumersBeyond pink: Research on marketing to women consumers
Beyond pink: Research on marketing to women consumers
 
Gen Z
Gen ZGen Z
Gen Z
 
Who Are The Millennials?
Who Are The Millennials?Who Are The Millennials?
Who Are The Millennials?
 
15 Trends for Marketing to Women Worldwide
15 Trends for Marketing to Women Worldwide15 Trends for Marketing to Women Worldwide
15 Trends for Marketing to Women Worldwide
 
Advertising Future Spark Vietnam till 2025
Advertising Future Spark Vietnam till 2025Advertising Future Spark Vietnam till 2025
Advertising Future Spark Vietnam till 2025
 
Multi-Generational Marketing in a Web 2.0 World
Multi-Generational Marketing in a Web 2.0 WorldMulti-Generational Marketing in a Web 2.0 World
Multi-Generational Marketing in a Web 2.0 World
 
The Millennial Generation Rules
The Millennial Generation RulesThe Millennial Generation Rules
The Millennial Generation Rules
 
Marketing to women
Marketing to womenMarketing to women
Marketing to women
 
Insight You Need to Successfully Market to Tweens and Teens
Insight You Need to Successfully Market  to Tweens and TeensInsight You Need to Successfully Market  to Tweens and Teens
Insight You Need to Successfully Market to Tweens and Teens
 
KSmithComm440presentation
KSmithComm440presentationKSmithComm440presentation
KSmithComm440presentation
 
Understanding the millennial
Understanding the millennial  Understanding the millennial
Understanding the millennial
 
Empathica millienial presentation @dr natalie.pptx
Empathica millienial presentation @dr natalie.pptxEmpathica millienial presentation @dr natalie.pptx
Empathica millienial presentation @dr natalie.pptx
 
Nielsen Company 2014 Report - Millennial Breaking The Myths
Nielsen Company 2014 Report -  Millennial Breaking The MythsNielsen Company 2014 Report -  Millennial Breaking The Myths
Nielsen Company 2014 Report - Millennial Breaking The Myths
 
Guide | How Jewelry Retailers can Connect with Millennial Shoppers
Guide | How Jewelry Retailers can Connect with Millennial ShoppersGuide | How Jewelry Retailers can Connect with Millennial Shoppers
Guide | How Jewelry Retailers can Connect with Millennial Shoppers
 
Baby Boomer Marketing - Never Call Them Old!
Baby Boomer Marketing - Never Call Them Old!Baby Boomer Marketing - Never Call Them Old!
Baby Boomer Marketing - Never Call Them Old!
 
Strategies for Marketing to Women
Strategies for Marketing to WomenStrategies for Marketing to Women
Strategies for Marketing to Women
 
Millennials & Gen Z
Millennials & Gen ZMillennials & Gen Z
Millennials & Gen Z
 
Reach, Teach And Serving Youth
Reach, Teach And Serving YouthReach, Teach And Serving Youth
Reach, Teach And Serving Youth
 

Similar a Generational Marketing

Eye Care Marketing From Buy One Get One Free to Marketing 5.0.pptx
Eye Care Marketing From Buy One Get One Free to Marketing 5.0.pptxEye Care Marketing From Buy One Get One Free to Marketing 5.0.pptx
Eye Care Marketing From Buy One Get One Free to Marketing 5.0.pptx
Optical Forum
 
Digital marketing & new media.ver3
Digital marketing & new media.ver3Digital marketing & new media.ver3
Digital marketing & new media.ver3
JamSantos
 
Consumer behaviour of millennials
Consumer behaviour of millennialsConsumer behaviour of millennials
Consumer behaviour of millennials
tanya gambhir
 
Digital marketing & new media.ver3
Digital marketing & new media.ver3Digital marketing & new media.ver3
Digital marketing & new media.ver3
JamSantos
 

Similar a Generational Marketing (20)

1.Generational Cohorts 1.pptx
1.Generational Cohorts 1.pptx1.Generational Cohorts 1.pptx
1.Generational Cohorts 1.pptx
 
Targeting a generation_final
Targeting a generation_finalTargeting a generation_final
Targeting a generation_final
 
Marketing to Millennials and the new Marketing Playbook
Marketing to Millennials and the new Marketing PlaybookMarketing to Millennials and the new Marketing Playbook
Marketing to Millennials and the new Marketing Playbook
 
Millennials & Gen Z by Brandnow.asia 11 Nov 2021
Millennials & Gen Z by Brandnow.asia 11 Nov 2021Millennials & Gen Z by Brandnow.asia 11 Nov 2021
Millennials & Gen Z by Brandnow.asia 11 Nov 2021
 
Understanding and Leading Millennials
Understanding and Leading MillennialsUnderstanding and Leading Millennials
Understanding and Leading Millennials
 
Recruiting, Retaining and Engaging the Next Generation College Student
Recruiting, Retaining and Engaging the Next Generation College StudentRecruiting, Retaining and Engaging the Next Generation College Student
Recruiting, Retaining and Engaging the Next Generation College Student
 
Isbr Conference- Advertising challenges in the digital era
Isbr  Conference- Advertising challenges  in the digital eraIsbr  Conference- Advertising challenges  in the digital era
Isbr Conference- Advertising challenges in the digital era
 
Motivating and Marketing to Millennials @ The Central Exchange
Motivating and Marketing to Millennials @ The Central ExchangeMotivating and Marketing to Millennials @ The Central Exchange
Motivating and Marketing to Millennials @ The Central Exchange
 
Eye Care Marketing From Buy One Get One Free to Marketing 5.0.pptx
Eye Care Marketing From Buy One Get One Free to Marketing 5.0.pptxEye Care Marketing From Buy One Get One Free to Marketing 5.0.pptx
Eye Care Marketing From Buy One Get One Free to Marketing 5.0.pptx
 
Myths and truths about reaching millennials through marketing
Myths and truths about reaching millennials through marketingMyths and truths about reaching millennials through marketing
Myths and truths about reaching millennials through marketing
 
Digital marketing & new media.ver3
Digital marketing & new media.ver3Digital marketing & new media.ver3
Digital marketing & new media.ver3
 
Consumer behaviour of millennials
Consumer behaviour of millennialsConsumer behaviour of millennials
Consumer behaviour of millennials
 
What's Trending: Millennials and Social Media
What's Trending: Millennials and Social MediaWhat's Trending: Millennials and Social Media
What's Trending: Millennials and Social Media
 
Young people as volunteers
Young people as volunteersYoung people as volunteers
Young people as volunteers
 
Marketing to gen_y
Marketing to gen_yMarketing to gen_y
Marketing to gen_y
 
What Do Generations Y And Zers Want
What Do Generations Y And Zers WantWhat Do Generations Y And Zers Want
What Do Generations Y And Zers Want
 
Social Media Boot Camp & the Role of CRM
Social Media Boot Camp & the Role of CRMSocial Media Boot Camp & the Role of CRM
Social Media Boot Camp & the Role of CRM
 
Surviving and thriving in a multi generational workplace - Wells County Leade...
Surviving and thriving in a multi generational workplace - Wells County Leade...Surviving and thriving in a multi generational workplace - Wells County Leade...
Surviving and thriving in a multi generational workplace - Wells County Leade...
 
Digital marketing & new media.ver3
Digital marketing & new media.ver3Digital marketing & new media.ver3
Digital marketing & new media.ver3
 
COPY WRITING - Writing copy for various Audience
COPY WRITING - Writing copy for various AudienceCOPY WRITING - Writing copy for various Audience
COPY WRITING - Writing copy for various Audience
 

Más de Creative Company, Inc.

Más de Creative Company, Inc. (10)

Social media: It might be free but it's not cheap
Social media: It might be free but it's not cheapSocial media: It might be free but it's not cheap
Social media: It might be free but it's not cheap
 
Close New Business: Effective Brand Positioning
Close New Business: Effective Brand Positioning Close New Business: Effective Brand Positioning
Close New Business: Effective Brand Positioning
 
Better marketing = bigger sales
Better marketing = bigger salesBetter marketing = bigger sales
Better marketing = bigger sales
 
Better marketing = bigger sales
Better marketing = bigger salesBetter marketing = bigger sales
Better marketing = bigger sales
 
Inbound (Permission) Marketing
Inbound (Permission) MarketingInbound (Permission) Marketing
Inbound (Permission) Marketing
 
GovernmentandBranding
GovernmentandBrandingGovernmentandBranding
GovernmentandBranding
 
BrandingWhyBother
BrandingWhyBotherBrandingWhyBother
BrandingWhyBother
 
Na co2011. National Association of Counties
Na co2011. National Association of CountiesNa co2011. National Association of Counties
Na co2011. National Association of Counties
 
Hillsboroaudiences
HillsboroaudiencesHillsboroaudiences
Hillsboroaudiences
 
Down economy? Focus on your audiences.
Down economy? Focus on your audiences. Down economy? Focus on your audiences.
Down economy? Focus on your audiences.
 

Último

zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdf
zukhrafshabbir
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 

Último (20)

Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastUnlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
 
transform-your-business-with-cutting-edge-inventory-management-and-3pl-integr...
transform-your-business-with-cutting-edge-inventory-management-and-3pl-integr...transform-your-business-with-cutting-edge-inventory-management-and-3pl-integr...
transform-your-business-with-cutting-edge-inventory-management-and-3pl-integr...
 
USA classified ads posting – best classified sites in usa.pdf
USA classified ads posting – best classified sites in usa.pdfUSA classified ads posting – best classified sites in usa.pdf
USA classified ads posting – best classified sites in usa.pdf
 
What Does A 3-Band Wedding Band Mean?
What Does A 3-Band Wedding Band Mean?What Does A 3-Band Wedding Band Mean?
What Does A 3-Band Wedding Band Mean?
 
Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small Businesses
 
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
 
The Ultimate Guide to IPTV App Development Process_ Step-By-Step Instructions
The Ultimate Guide to IPTV App Development Process_ Step-By-Step InstructionsThe Ultimate Guide to IPTV App Development Process_ Step-By-Step Instructions
The Ultimate Guide to IPTV App Development Process_ Step-By-Step Instructions
 
Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024
 
zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdf
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
FEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service LightningFEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service Lightning
 
Creative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team PresentationsCreative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team Presentations
 
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
 
Luxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
Luxury Artificial Plants Dubai | Plants in KSA, UAE | ShajaraLuxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
Luxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
 
Did Paul Haggis Ever Win an Oscar for Best Filmmaker
Did Paul Haggis Ever Win an Oscar for Best FilmmakerDid Paul Haggis Ever Win an Oscar for Best Filmmaker
Did Paul Haggis Ever Win an Oscar for Best Filmmaker
 
Salesforce in Life Sciences - Best Ways to Leverage The CRM for Clinical Trials
Salesforce in Life Sciences - Best Ways to Leverage The CRM for Clinical TrialsSalesforce in Life Sciences - Best Ways to Leverage The CRM for Clinical Trials
Salesforce in Life Sciences - Best Ways to Leverage The CRM for Clinical Trials
 
IPTV Subscription UK: Your Guide to Choosing the Best Service
IPTV Subscription UK: Your Guide to Choosing the Best ServiceIPTV Subscription UK: Your Guide to Choosing the Best Service
IPTV Subscription UK: Your Guide to Choosing the Best Service
 
New Product Development.kjiy7ggbfdsddggo9lo
New Product Development.kjiy7ggbfdsddggo9loNew Product Development.kjiy7ggbfdsddggo9lo
New Product Development.kjiy7ggbfdsddggo9lo
 
Global Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdfGlobal Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdf
 

Generational Marketing

  • 1. Travel Salem | January 21, 2010 Generational Marketing Presented by Jennifer Larsen Morrow 1
  • 2. Generational Marketing | The Generations Effective marketing requires first understanding the audiences you’re trying to reach. For the first time in history there are four different generations in the workplace, each with different values, perspectives and expectations. Each has preferred communication media. 2
  • 3. Generational Marketing | Targeting • Consider motivations, lifestyles, attitudes and expectations • Different for each generation • Select the right method of communication for each generation 3
  • 4. Generational Marketing | The Generations You must be clear about the services or products you’re offering, what are the benefits? How can you frame the benefits to connect with the expectations of each generation? What are the key messages? 4
  • 5. Generational Marketing | Business and Industry Training System Defining the Generations 5
  • 6. Generational Marketing | Defining the Generations The Silent Generation – Born 1925 to 1945 • 2005 Census – 63 million • Now aged 65 to 85 • Have always done “the right thing” • Reliable and show up for work on time • Didn’t have their own war so looking for a “great adventure” • Second middle age … “now or never” 6
  • 7. Generational Marketing | Defining the Generations The Silent Generation – Born 1925 to 1945 • Many founded and created the businesses that exist today • Coming back to work after retiring • Mentoring and volunteering • Source of valuable knowledge and experience • Most are tech-averse or fearful • Financially stable and upwardly mobile 7
  • 8. Generational Marketing | Defining the Generations The Boomers – Born 1946 to 1964 • 2005 Census – 78 million • Now aged 46 to 64 • The “Me Generation” • Boomers are driving the marketplace • Control 70% of the nations wealth • Not a homogenous group • Address lifestyle preferences and life stages 8
  • 9. Generational Marketing | Defining the Generations The Boomers – Born 1946 to 1964 • Living through Vietnam War affected view of authority • Time-starved lifestyles • Want to stay healthy, keep youthful appearance • In the midst of intense transitions 9
  • 10. Generational Marketing | Defining the Generations Gen X – Born 1965 to 1977 • 2005 census – 48 million • Now aged 33 to 45 • First generation of latch-key children, learned to rely on themselves • More results-oriented, less process-oriented • Will change jobs more frequently 10
  • 11. Generational Marketing | Defining the Generations Gen X – Born 1965 to 1977 • Savvy and cynical consumers • No brand loyalty, earn confidence every time • Want direct communication “here’s what needs to be done” • Want sense of home, belonging, connection 11
  • 12. Generational Marketing | Defining the Generations Gen Y – Born 1978 to 2000 • 2005 Census – 76 million • Now aged 10 to 32 • Also called Millennials, Reagan Babies, Generation Next, Echo Boomers • Have honed a “sixth sense” in seeking what’s authentic, not wanting to be “sold” • Always looking for the next “cool” thing 12
  • 13. Generational Marketing | Defining the Generations Gen Y – Born 1978 to 2000 • “One of smartest, tech savvy and idealistic generations of our time” • Girls grew up participating in sports, more self-assurance, equality • Multi-tasking is natural • Always looking for the next big tech item, clothes, shoes to call their own 13
  • 14. Generational Marketing | Defining the Generations Generation “Now” ages 12 to 31 • Because they want everything quick, fast and NOW, and they want it their way • Live in an instant-access electronic world • Media multi-task – surfing the net, IM, social networking and cell phone all at once • Short attention span, take in information quickly in small nuggets • Brains are wired differently 14
  • 15. Generational Marketing | Business and Industry Training System Generational Attitudes and Perspectives … How to Communicate 15
  • 16. Generational Marketing | Communication Challenges and Tools Silent Generation attitudes • Some tech averse, yet many Email • More formal – manners, correct grammar • Traditional, generally more conservative • Loyalty to people • Willing and able to spend time with information/people, not in a hurry 16
  • 17. Generational Marketing | Communication Challenges and Tools Silent Generation communication tools • Personal calls, stop to “visit” • Newspapers are well read • News and information channels • Direct mail that’s personalized and not flashy • Simple web sites 17
  • 18. Generational Marketing | Attitudes and Perspectives Boomers’ Lifestyle Changes • Caring for aging parents (the “sandwich” generation) • Second marriages and second families • “What is retirement?” • “Helicopter” parents to high-school and college age children • Too busy, want solutions to simplify their lives and save time 18
  • 19. Generational Marketing | Attitudes and Perspectives Boomers’ Perceptions and Attitudes • Don’t think of selves as “old”, understand limitations of aging (reading glasses) • Stay on top of trends, excitement, new ideas • People over 50 see selves as “early middle age” and don’t see “old” for 20 years • First generation of women who have made their own money, ready to spend it 19
  • 20. Generational Marketing | Communication Challenges and Tools Boomers’ communication tools • Most general media: Television, radio, newspaper, outdoor, direct mail, Email • Boomer women influence 80% of consumer goods purchases made by Boomers each year • 8 of 10 boomers are online daily – the largest online consumer • Facebook – 279% growth of 35-54 year old users in 2009, 55% female 20
  • 21. Generational Marketing | Attitudes and Perspectives Gen-X Attitudes • Want a big, shared experience, surrogate family • Look to friends for support system • Want honest and straightforward communication • Internet is not for work, it’s for fun • Independent, not as brand loyal as Gen-Y 21
  • 22. Generational Marketing | Communication Challenges and Tools Gen X communication tools • Targeted television / cable TV, radio • Web sites, internet • Email me the information • Outdoor • Direct mail that’s bright, engaging, drives to the net for more information 22
  • 23. Generational Marketing | Attitudes and Perspectives Gen-Y/Millennials Attitudes • All technology is entertainment, high-speed access is expected • Brand identification at an early age • Brand loyal, style and image are everything • In front of their computer, at the mall and in the movies • Interested in good causes • Higher expectations in the workplace 23
  • 24. Generational Marketing | Attitudes and Perspectives Gen-Y/Millennial • Ambitious and future-oriented, globally connected • Want to be involved in a product, asked for opinions • Care about family, friends and community • College planning is collaborative with parents • More conservative than Gen-X, marrying younger, more religious affiliation 24
  • 25. Generational Marketing | Communication Challenges and Tools Gen Y communication tools • Internet – MySpace, Facebook, YouTube • Viral electronic marketing, mobile marketing (phones), text • Network/community events/ participation • Direct mail that’s personalized, plenty of photos, drive to personalized web 25
  • 26. Generational Marketing | Business and Industry Training System Targeted Messages 26
  • 27. Generational Marketing | Targeted Messages Silent Generation messages • Be courteous and respectful • Make technology easy, no jargon • Willing to mentor, volunteer, be involved • Appeal to family values, patriotism • Address issues of legibility: type size and colors • Long text okay 27
  • 28. Generational Marketing | Targeted Messages Boomers’ key messages • We’ll save you time (more important than money) • We’ll simplify what’s complicated • We’ll help you choose • You’re active and youthful, life is to be lived well • You’re ready to give back 28
  • 29. Generational Marketing | Targeted Messages Gen-Xs’ key messages • Our product is real and authentic, here’s why and how, here’s where to find out more • You can count on us • Join the group, join the team • Here for a common purpose • Enjoy your life and your work 29
  • 30. Generational Marketing | Targeted Messages Gen-Ys’ key messages • Here’s the latest and coolest • Get involved, contribute to the community, make a difference • Plan now for your future, it’s about family • You’re smart, here are your choices and the background to help you choose 30
  • 31. Questions? Thank you! We build compelling brand experiences that advance business and impact people. results@creativeco.com | T 866.363.4433 | www.creativeco.com © 2007 Creative Company, Inc. All rights reserved. 31