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Marketing and Motivating Boomers and Beyond

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Mature, Affluent, Educated and LinkedIn

Thursday, September 10th, 2009

Part 4 of a series on using social media for marketing to Baby Boomers and beyond.

PART 4: FIVE WAYS LINKEDIN CAN HELP YOU REACH 40+ PROFESSIONALS

Where can you be virtually guaranteed to find affluent, educated and mature consumers online? Try LinkedIn. For companies targeting younger matures (the tip of Gen X, Gen Jones/trailing edge Baby Boomers and those in between), the fourth most popular social networking site  offers several marketing opportunities.

LinkedIn describes their average user as a male, 41 years old, with an annual household income of roughly $109,000.

LinkedInDemographicsAug09.Quantcast

As blogger Steve Schultz put it, “This is clearly the result of the nature of the website and its purpose.”

If your purpose is to influence 40+ matures, including Gen X and trailing edge Baby Boomers, here are five ways LinkedIn could help:

• Web site traffic and brand exposure. Searchers of all ages can find you on LinkedIn, then move to a corporate site.

• Trust. It’s a critical factor in a mature consumer’s decision to purchase.  You can build trust by providing easy access to background information on company executives.  Seniors will spot a phony a mile away; a public profile on LinkedIn can help show you’re the real deal.

Advertising. (And no, we don’t make commissions.) Those using LinkedIn to make connections in their professional lives are also consumers.  They are open to services that make their personal lives easier.  And most companies don’t block access to LinkedIn during the day as they might Facebook or other social networking sites.  The service offers advertising options for budgets “large” or “small.”

• Referrals. In 2007, eMarketer reported that “nearly all (89%) of Baby Boomers who were asked for advice gave it to their friends, or fellow boomers. And nearly all boomers (93%) say that they consider their friends (also boomers) to be trusted sources of information.” 45% of Boomer recommendations were made online, and LinkedIn features many tools to encourage this type of word-of-mouth.

• Matchmaking. With LinkedIn, you can even find nationally-recognized generational marketing agencies to help you reach your goals with Baby Boomers and beyond.

Share your thoughts: will LinkedIn play a part in your mature marketing efforts? 

- Part 3, Facebook offers marketing opportunities with Baby Boomers and Seniors

- Next week, Boomer-targeted niche sites – “online ghettoes” or a marketing opportunity?

The Face(book) in the Mirror is Getting Older

Wednesday, September 9th, 2009

Part 3 of a series on marketing to Baby Boomers and beyond through social networking.

PART 3: FACEBOOK PRESENTS OPPORTUNITIES FOR BOOMER, SENIOR MARKETING

First, the headlines touted how Baby Boomers (especially women) were flocking to Facebook. Then, statistics showed many older social networkers flocked right off again in the spring. Despite that dip, as of July 2009 usage among users over 55 reached all time highs. And 90% of those over 65 years old who are active in social networks prefer Facebook.

So, is Facebook worth the investment of time and marketing budget for companies trying to motivate the mature consumer?

facebookTrendsJuly09.InsideFacebookIn April/May, Inside Facebook offered four theories why Facebook usage dropped among 55+ Baby Boomers and beyond.  Reason #1: Boomers – who often join Facebook after an invitation from their children – aren’t sure of the value of this social network just yet.

This is the challenge for brands serving active adults: how to use Facebook and other social media in a way that is relevant to mature internet users.

Marketers can gain insight from what works with older generations offline.

• Don’t waste their time – Remember that 40+ Gen Xers spend most of their days at work. Boomers are time-pressed, balancing work, leisure and often caring for older parents. Silent Generation members want to be sure that something is relevant before they make space in their busy lives.

• Share content that adds value. Per Burst Media, news, product information and health are what Boomers and Seniors are seeking online.

• Make it a two-way conversation. Facebook makes it easy for dialog, if companies are sincere. Whether in person or online, older consumers want a relationship, not blatant sales pitches.

What do you think? Please share examples of companies that have driven sales with seniors or Baby Boomers through Facebook.

- Part 2, Twitter and the Mature Market

- Later in this series, “silver surfers” and LinkedIn and Boomer-targeted social networking sites

Can Twitter Drive Sales with Older Generations?

Thursday, September 3rd, 2009

Part 2 of a series on using Social Media to market to Boomers and beyond.

PART 2: BABY BOOMERS, SENIORS AND TWITTER

The media appears to have fallen in love with Twitter (heck, even my 97-year-old Nana has heard of Twitter by now). Who’s on Twitter? The New York Times reports that younger Boomers are fueling Twitter’s growth, while Sysomos data suggests 81% of all Twitter users are 29 or younger.  How important is Twitter for marketing to Baby Boomers and seniors?

Paul Briand of the Examiner notes “Baby Boomers 55 to 64 are Twitter users on a slightly lower level, but at a greater frequency than users aged 18 to 24. That’s because Twitter has become less of a social network and more of a marketing/social network.” We see that as in keeping with this cohort’s lifestage; it’s a time in their lives when they are focused on both social and vocational development.

The New York Times points out mature consumers and technology adoption are not actually strange bedfellows.

As the Web grows up, so do its users, and for many analysts, Twitter’s success represents a new model for Internet success. The notion that children are essential to a new technology’s success has proved to be largely a myth.

Adults have driven the growth of many perennially popular Web services. YouTube attracted young adults and then senior citizens before teenagers piled on. Blogger’s early user base was adults and LinkedIn has built a successful social network with professionals as its target.

At Creating Results, the jury’s still out on Twitter’s effectiveness as a business engine for effectively motivating seniors and Boomers to buy.

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