everything mature consumers experiencebranding | marketing | web | pr | displays | advertising
Marketing and Motivating Boomers and Beyond

Archive for the ‘60+’ Category

Multigenerational Households On the Rise and Impacting Community Marketing

Thursday, August 26th, 2010

AdAge this week looked at the “accelerating trend of multigenerational households” and what it might mean for marketing to Baby Boomers, their parents and their adult children.  The evolution of multigenerational households already has fundamentally changed the nature of active adult communities (50+ age-qualified).  If this trend continues, it will call into question the viability of age qualified communities as we know them today.

But first, some context and a walk down memory lane.

Rising Numbers of Multigenerational Households

As AdAge notes,

Today 49 million Americans — more than one in six people in the U.S. — live in households with three or more generations, according to the Pew Research Center. The percentage is even higher for age groups 25-to-34 and 65 and older, where one in five, or 20%, live in these extended families.

20-allinthefamilychart-082310

While much of the increase in multigenerational households can be attributed to the recession, there is also an increased appreciation for the value of family. I grew up with my grandmothers living with us for a combined 10 years.  I know how much I benefited from their involvement in my life. From playing games … to hearing the same stories again and again … to having people who had the time and desire to focus all their energies on a child … to learning to be patient and help my elders … Growing up in a multigenerational household was a gift.

A Trend Already Impacting Age-Qualified Communities

Creating Results has marketed 52 active adult and age-qualified communities in 12 states over the course of 10+ years.  At first the communities were marketed to empty nesters and the vast majority of people who lived in the community were in their 50-70s (Baby Boomers and Silent Generation). Gradually, we began to see parents moving in with their adult children. These moves were prior to the economic downturn and were motivated by a desire to be with family. (more…)

How Baby Boomers Eat, Pray, Love

Wednesday, August 18th, 2010

Last Friday, “Eat, Pray, Love” opened in movie theatres around the nation.  It’s likely many a Baby Boomer woman was in the audience, marveling at the tale of self-discovery.  Professionals marketing to Baby Boomers and 65+ seniors can discover a few insights into their own mature audiences by considering how we eat, pray and love.

Baby Boomer Spending on Food

* I really appreciate The Bundle’s infographics that illustrate household spending by age.  Take a peek at their 2010 report and you’ll see that Baby Boomers (aged 50-65) and Silent Generation (65+)  spend more on food and drink than the “coveted” 18-25 year olds – $6,992 and $5,211 respectively.  36-49 year olds are the tops in food and food and drink, averaging $7,487 in 2010 per household.

* Reflecting their lifestage, 35-50 year olds spend the most each year on groceries - $4,322 per Bundle.  50-65 yr old BInfographicFoodSpendingByAgeoomers are in second place, spending an average of $4,001.

* Mature marketing expert Brent Green has called Baby Boomer men the “next marketing frontier,” noting that men are more apt to spend than save (even in a downturn) and more prone to buy national brands at the grocery store.  (more…)

A Gen Xer, Boomer, Silent and WWII GI Walk onto a Golf Course

Thursday, July 29th, 2010

No, it’s not a joke.  It was on the second green when I realized that our group represented four generations.   What had caught my eye was watching an 89 year old member of the Greatest Generation bending down to fix the ball mark that the Boomer’s ball had made.  The Boomer had walked past it, either oblivious to it, or perhaps thinking he would fix it at some point in the future.  The GI took care of it and a few others while he was at it.  The Boomer didn’t notice or express appreciation.  This happened many more times during the day.  At the end of the day, the course was in better condition because a member of the Greatest Generation had played there.

Creating Results studies different generations and segments  to help companies connect with mature consumers, but we don’t often get to play with them.  As the round continued, I noticed more behaviors that demonstrated typical generational characteristics, but I also saw that we were individuals rather than stereotypes.  The Boomer easily regaled us with stories about his successful children and the state of his business and the impact of the recession.   He shared a story about when he had come to play with the Silent and GI ten years ago.  He had put his bag on a golf cart and planned to ride around the course.  The Silent showed up and pulled his bag on a hand cart.  The GI, then 79 years old, carried his bag and walked all 18 holes.

The Silent was, for the most part, silent.  He asked questions, helped the others find their balls, and offered suggestions on playing the course.  A course he had helped to design surrounded by conservation areas he had saved from development, but one would never have known that from his actions.  The Silent had organized and funded the entire outing with the only objective being to have a good time with some people he respected and whose company he enjoyed.

The GI was frustrated with the quality of his game and complained at one point, “I need to practice more.”  I asked how often he played and he said, “most everyday, but I need to practice more”.  Despite his “under performance”, he cleaned our clocks.

dday

For the Greater Good

The GI volunteered little information.  But when asked direct questions about his experiences as a member of the 82nd Airborne in Normandy, the Battle of the Bulge, his life after the war, and his children arranging for him to return to Normandy for the 65th anniversary commemoration, he somewhat reluctantly shared stories that have stuck with me.  Listening to him was humbling.  I had no doubt in my mind that I had the honor to be in the presence of a member of the Greatest Generation.

After the war, the GI lived many lives, but through all of them was a theme of public service.  He devoted much time to volunteering on town councils, creating affordable housing and assisting a multitude of charitable organizations.  For longer than I have lived, he has organized his town’s 4th of July celebrations.  That meant for years I had seen, and yet not seen, him march with the Veterans.  I was inspired and yet disappointed when I reflected on my comparatively meager contributions to society.

My golf that day was horrible, but it was the best round I’ve ever had.

Should Referrals Be A Bigger Part of Your Boomer / Senior Marketing Mix?

Wednesday, July 21st, 2010

Continuing care retirement communities (CCRCs) and other businesses marketing to Baby Boomers and active adults frequently ask us about new technologies, or how much time and money to invest in social media/social engagement. Problem is, they often forget the power of an “old-school” marketing tool: personal recommendations or referrals.

Word of mouth/referrals are, indeed, powerful with all ages of consumers. As John Jantsch puts it in his description of his new book, “The Referral Engine:”secrets

The power of glitzy advertising and elaborate marketing campaigns is on the wane; word- of-mouth referrals are what drive business today. People trust the recommendation of a friend, family member, colleague, or even stranger with similar tastes over anything thrust at them by a faceless company.

Effectiveness of Referrals in Health, Travel and Financial Services Industries

Referrals have an impact in all stages of a purchase decision, from when consumers decide which products to consider, to when they evaluating options to when they make a decision to buy.

The reality is that there is no way you can “test drive” a holiday to Bali. There are no in-store samples when it comes to choosing healthcare or financial services. The statistics below show the importance of recommendations and word of mouth in those industries where product/service “demos” aren’t easily come by. (more…)

TV and Advertising to Baby Boomers, Beyond

Monday, May 24th, 2010

As advertisers fall over themselves to figure out social media marketing, one medium (television) continues to deliver large numbers of attractive consumers with money and time to spend (Baby Boomers and beyond).  TV looks like a safe bet with great reach, AdAge noted this week

“Reaching a broad audience is still important for advertisers of a wide variety of products, including cars, electronics, household products, restaurants and others,” said Jeff McCall, a professor of media studies at DePauw University. “The need for these products reaches across wide demos and broadcast television still brings those. And the older demos likely have a few more bucks to actually spend.”

Facts about Baby Boomers, Seniors and TV

* The  median age of prime-time television viewers is now 51. 

* Nielsen’s “Three-Screen” report for the fourth quarter of 2009 found that 35-49 year olds watch 35:40 minutes a week of traditional TV.  50-64 year olds (Baby Boomers) watch 42:38 minutes, and “seniors” age 65 or better watch 47:21 minutes.

* The average viewer watches 2,223 minutes of video in a week, and all but 1% of their video viewing is on a traditional television.  (AdContrarian) As the Ad Contrarian puts it, “TV viewership is at its highest point ever and continues to grow.”

* Most viewers don’t leave the room or change channels during commercial breaks.  (Council for Research Excellence)  No reports on how many mute because of the ridiculously loud volume of TV ads …

* A mere 5-6% of ads are being skipped on DVRs.  (DVR Research Institute)

* The median age of nightly TV news viewers across the “big three” (ABC, CBS, NBC) was 62.3 years in 2009.  The median age of morning news viewers rose to 55.2 last year.  (State of the Media)

MedianAgeNightlyNewsViewers2009.StateOfMedia.org

Is advertising on broadcast TV part of your marketing mix?  Why/why not?

RTM9Y6HGVPRS

Tips “Sunset Daze” Holds for Marketing to Seniors

Thursday, May 20th, 2010

Sunset Daze is a new reality TV show on WEtv network. It has everything you expect in reality TV including sex, gossip, and situations set up (but not scripted) to increase the drama quotient. And it has something you wouldn’t expect – the stars are Baby Boomers and seniors living in an Arizona retirement community, ranging in age from 61 to 74 years old.

sunset-daze3

I watched an episode, and found it to be typical reality TV fare, which isn’t my particular taste. I did enjoy the fact that the residents in the episode seem to be enjoying the attention they are receiving. The show has sent several opportunities their way, such as a free ride in a stunt airplane. They also seem to enjoy being their age, despite any of the negatives of growing older.

Sunset Daze may not be my taste or yours. But marketers can get some good insights thanks to this show, which fights ageist stereotypes and gives us an insider’s view to a huge, vibrant segment of the population.

Tips from Sunset Daze for marketing to Baby Boomers and seniors:

Don’t forget the romance. These folks don’t. Many of the seniors featured in this program are romantically and sexually active. Many were actively looking for new social opportunities when they choose this retirement community.

You never stop learning. All the residents we meet on Sunset Daze view their move to Sun City Grand as an opportunity to try new things in life. They finally have time for the things they’ve always wanted to do, like learning to speak Spanish or learning to dance.

Aging is not a fairy-tale. These seniors and older Boomers still have problems, some related to the realities of aging. Their lives are not problem free or pain free. While the show’s tagline states “The Golden Years Just Got More Golden,” residents still have surprises thrown at them, like an adult child moving back home to live.

Growing older is okay. Our culture is swimming in decades worth of ageism, and TV – including reality TV – often markets the incorrect idea that all people value is youth. This group of matures is full of life, and they go to great pains to directly address the negative view that many have of people their age growing older. For example, Jack is the resident “Mr. Romeo” on the show. WEtv.com now features Jack’s blog called “Senior Citizens Not D.O.A. – as Many Think” , and he is doing his best to debunk myths about people his age.

Have you been watching “Sunset Daze” or reading Jack’s blog?  Share your thoughts below!

In a Fast World, There is Still Room for Slow and Steady

Friday, May 7th, 2010

I dig Seth Godin and always look forward to his blog, but yesterday his post made me wince.  Noting that Newsweek has put itself up for sale (!), Godin writes that ”The problem is that [Time/Newsweek] are both slow and general. The world, on the other hand, is fast and specific.”  Well, I think there is still plenty of room for slow and steady – especially when marketers consider Baby Boomers and beyond.sethgodin

I’m not saying Boomers themselves are slow.  Baby Boomers and seniors live in Godin’s fast and specific world.  (In fact, Godin is a boomer himself.)  This cohort was adopting new technology at early ages during the rapid spread of television in the late 50s/early 60s.  Seth’s Blog is delivered to me via email, which was itself invented by a Boomer.

The nation’s 46-64 year olds are still at the forefront of technology adoption.  As we’ve noted on this blog, they’re actively involved in social networking and are willing to invest in items that help them continue to enjoy their quality of living.

That said, I believe most members of the Baby Boom and Silent Generation would agree that a fast-paced world does not mean everything in it has to be at the speed of a texting pre-teen. 

newsweek-logo-thumbSeth asked if anyone read general news magazines like Newsweek anymore.  While it’s true circulation is declining, there are still many loyal readers.  The majority of news magazine readers are older and wealthierthan readers of subject-specific mag.  The typical Newsweek reader is 46.8 years old (a younger Boomer).  Chuck Nyren has described magazines as a “warm and nourishing” place to fly away from the chaos of our days.

Why?  The world may be specific but studies show that as we age we look at things in context, we look for opportunities to stretch ourselves and our imaginations.  It’s one of the reasons why retirement communities affiliated with universities are so popular.  Lifelong learning is general.  

Each week, I watch (or Tivo) the CBS News Sunday Morning program.  Long form stories are the norm.  I’m frequently exposed to topics I’d never thought of – like that guy who creates art out of bugs, or the explorer who found the lost city of Z in the Amazon. sunday_morning_sun_cbs

4.73 million people watch Sunday Morning with me each week.  Entertainment Weekly recently put the show on its must list.

It’s a welcome break from the fast and specific.  And sorry to disagree, Seth, but I think that in our fast world, slow and general will definitely have its place.

Time to Move Beyond “Elders Fear Technology” Stereotypes

Friday, April 9th, 2010

“What do you typically do when you’re having a problem like that?” L, the vivacious 80-something woman who was participating in one of Creating Results’ web usability testing sessions, laughed.  “I call my son,” she said, “and he always tells me it’s operator error.” 

L was one of five seniors who participated in our web research that day.  All were residents of continuing care retirement communities in their late 70s and 80s.  None was afraid of or intimidated by computers.  They were occasionally frustrated.  Not sure of the value of some online features.  But certainly not overwhelmed by technology.

If marketers read the mainstream press, you’d likely have the idea that the Silent and Greatest Generations are gripped by “sheer terror” when faced with computers.  The latest offender was the Boston Globe, with their article “For Elderly, Wired World Holds Terror – or Delight.“  Which is why we applaud aging technology expert Laurie Orlov for calling them on it.  She writes – “Enough: Newspapers are fueling terror among the elderly and computers.”

This one from the Boston Globe searches for a way to write condescendingly about seniors and their fear and loathing when it comes to using a computer. We’re so lucky — a Harvard professor has offered their ‘insight’ about the acceleration of the ‘pace of change’ and the Cambridge Health Alliance, offering insight on how it takes longer to learn new things.  Gee, was this a study? Oops, no, just a few anecdotes, vastly enhanced by the entertaining comments from seniors who have been using computers for years.  Maybe that’s how they read the Globe — which would be a revenue-free access method.

(For both articles, check out the comments for additional insights.)

If you’re marketing to the Silent Generation or the Greatest Generation, we urge you to look beyond anecdotes and “me-search.”  Instead, look at the research from the Pew Research Center (38% of 65+ Americans are online, 6% of Silents have a social networking profile, they are divided on whether technology isolates us or brings us together), Nielsen Online or eMarketer.  The wired world is not either black and white; seniors react and adapt in more ways than either terror or delight. 

You also can help Creating Results fight stereotypes by participating in ongoing research.  If you’re over 40 and have an opinion, please take our current surveys (roughly 3 minutes, anonymous):

Not over 40? Please share these links with someone who is. We’ll be sharing the findings here and at industry conferences, doing our part to move marketing beyond this (as Orlov calls it ) “fear-and-loathing-in-computerland.”

From Social Media Socialites to Socially Awkward

Friday, March 19th, 2010

“One size communication does not fit all,” commented Kevin Baughen on this blog earlier this week. “None of us should be treating different audiences as if they are one homogeneous group.”

Kevin, a marketer based in Surrey, UK, was responding to the findings we shared about generations and their interaction/support of charities. And he was talking about the need to see that individual members of Gen X, the Baby Boom or the Silent Generation are truly individuals. Better to ask for and respect their individual preferences than assume that one way is the only way for everyone in a cohort. This is a philosophy that Creating Results shares.

But Kevin could easily have been talking about the members of different types of audiences, the regional and national groups I speak to on a regular basis.

For example, last week I made a presentation on “Social Media: Risk and Rewards” to the members of The Coalition for Human Services (CHS) in Social Media 101 for Nonprofits.CreatingResultsPrince William County, VA. (A copy of this presentation can be found on SlideShare.) The audience was made up of non-profit organizations and government agencies which serve area residents. I’ve talked about social media marketing with other audiences as well – entrepreneurs with early-stage start-ups, builders and developers, small businesses.

Each time I present this “Social Media 101” program, I find there is a wide range of ages represented. And a wide range of experience and comfort with social media. The CHS audience included:

• Mark Bergeron with Northern Virginia Family Services, whose organization is actively using Facebook and YouTube to campaign for a grant from Pepsi. (Vote for NVFS! http://www.refresheverything.com/nvfs)

• Betty Dean of Didlake, Inc., which connects people with disabilities to training and business opportunities. Didlake hasn’t established a corporate presence on any of the social networks, but they are working on it.  In the mean time, they have been encouraging team members to post updates on fundraising via Facebook. Their last resulted 17% of web site traffic to come in through Facebook.

• Several folks who confessed they are afraid of setting up an account on Facebook because they believe (incorrectly) they’ll have to provide their social security number.

• And staffers from a senior center who worry that their clients will become victims of identity theft if they become active on social networks. (Personally, I see that as patronizing. Why would seniors suddenly begin to overshare online? In fact, studies have shown that elders are typically LESS likely to fall victim to online scams, because they are cautious.)

One size communication indeed does not fit all. But there are some common questions among all the audience members – no matter where they fall on a spectrum of social engagement. The first is ROI. Will this investment pay off? How will they measure success?  What site will give me the best “return”?

To help people understand and sort through various options, Creating Results distributed two handouts. One is a Social Media Cheat Sheet that provides descriptions and data on popular Social Media websites. The second is a Social Media Survival Guide that lays out a five step program for becoming socially engaged. If you’d like copies, please email social [at] creatingresults.com.

Another frequent question is personal responsibility. At the CHS luncheon, we had a lively conversation about the blurry boundaries between your activities as an individual on the social Web and if or how you represent your organization.

Didlake isn’t the only group asking staff, volunteers or even donors to be “foot soldiers” in the battle for attention of social media users. When you’re depending on others to carry your message, how much control can you exert? Should you even try? Where is the boundary between your personal social media presence and your professional one?  Please share your comments/thoughts below.

P.S. Many of the attendees asked for guidelines or help with social media policies. Public Relations expert Mark Ragantweeted this week about a new tool: http://socialmedia.policytool.net/. It is supposed to help generate policies that “respect the rights of your employees while protecting your brand online.” If you try it, let us know what you thought.

New Findings: Generations and Donations

Tuesday, March 16th, 2010

The Chronicle of Philanthropy reported this week on new research into how different generations – from Millennials to Silents – support and interact with charities.  The survey claims that Gen X and Millennials/Gen Y now make the majority of potential donors but notes that both younger cohorts “contribute less money and support fewer charities” than Baby Boomers.  Convio estimates 79% of matures (defined as born before 1945) give, as do 67% of Boomers, 58% of Gen X and 56% of 18-29 year-olds.  The amount given increases signnificantly with age.

GenerationalGroupsAverageContributionsYear

Direct Mail Dominates for Boomers, Silent Generation Donors

The report finds that direct mail, long a consistent vehicle for for-profit marketing, continues to be an effective way for not-for-profits to reach members of the Silent and Baby Boom generations.

Direct mail remains the dominant way through which older people give, with 77 percent of donors born in1945 or earlier saying they had given through the mail in the last two years. But among members of Generation X and Generation Y, no single way of giving dominated.

Forty-three percent of Generation X and 26 percent of Generation Y members in the survey said they had given through the mail in the last two years, while 35 percent of Generation X had used a charity’s Web site and and 29 percent of Generation Y had used that approach.

The full report from Convio notes that today’s traditional direct marketing fundraising letter – that long form, friendly piece that feels like it came off a typewriter – grew up with today’s Silent Generation and older.  And it still works for them.  35% of people older than 65 first heard about a charity through the mail.  Asked how they first learned of their top charity, Millennials did not even register mail as an option.

Convio’s take-away?  “Direct mail has a bright future — but it needs to evolve.”  It needs to be one part of a multichannel mix, one that includes the web, email, telemarketing and social media.

I had the honor of talking with a group of Northern Virginia charities and government agencies last week, at a lunch sponsored by the Coalition for Human Services.  Our topic was another channel in Convio’s desired mix: social marketing.  Friday, I’ll share some of the insights from that presentation and the lively discussions that followed.


Copyright © 1999-2009  Creating Results, LLC | Mid Atlantic: 703.494.7888 | New England: 401.289.2500 | Privacy Notice

Creative Commons License Mature Marketing Matters - Blog by Creating Results, LLC is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Based on a work at www.maturemarketingmatters.com.
Permissions beyond the scope of this license may be available at www.CreatingResults.com.

A 2009 Mature Media Award Winner

THE COMPANY:
TheTeam
News
Careers
Contacts

RESULTS CREATED:
Our Work
Case Studies
Clients
Awards


Copyright © 1999-2009  Creating Results, LLC | Mid Atlantic: 703.494.7888 | New England: 401.289.2500 |
Privacy Notice