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10/9/2012




                                                                                      #PPPmeet

             The
     Power
      of Generational
           Marketing
                            October 5, 2012
     Presented by   Erin Read Ruddick

            @CreatingResults - #PPPmeet




What generational                                        What it is NOT
marketing is NOT
   – Defining markets and donors
     solely by age
                                              http://www.youtube.com/watch?v=qAsi-KTG3L0




                                                                                      #PPPmeet
What generational
marketing CAN BE                                               Agenda
                                                 Generational Profiles
         – A strategy that leads to success
         – Discovering how to motivate           The Four Most Effective Tactics for 50+
           donors with insights
           into their:                           • Direct mail
             • Age                               • Email
             • Demographics                      • Internet
             • Psychographics                    • Social media
             • Lifestages
             • Generational Cohort
                                                 5 Subtleties of 50+ Marketing




                                                                                                    1
10/9/2012




What is a generation?                                         Generational Cohorts
                       – Spans 15-25 years
                       – Defined by historical events,
                                                                  GREATEST    1901-1924
                         common experiences                SILENT - MATURES   1925-1942 (Howe/Strauss)
                       – Different than those that come             BOOMER    1946-1964 (US Census)
                         before or follow after
                                                                      GEN X   1968-1979 (US Census)
                                                           GEN Y/MILENNIALS   1982 –late 2002




Talkin’ Bout My Generation
     SILENT    •   Born between 1925 and 1942
               •   Today they are 69 to 86 years old
               •   Roughly 59 million
               •   Names for this group include “Silent”
                   and “Eisenhower” generation




Mindsets/Attitudes                                                            Mindsets/Attitudes
  – Silent?                  or Adaptive?                                       – Respect (authority),
  – Stuffy?                  or Well-Mannered?                                    need to feel respected
  – Invisible?               or Individual?                                     – Duty before fun
                                                                                – Helpers
  – Conformist?              or Pick Battles?
                                                                                – Responsible
                                                                                – Spend only what you
                                                                                  have saved




                                                                                                                  2
10/9/2012




                                          Talkin’ Bout My Generation
                                             BABY        •   Born between 1946 and 1964
                                                         •   Today they are 47 to 65 years old
                                          BOOMERS
                                                         •   Between 78 and 80 million
                                                         •   Can be divided into two parts –
                                                             Leading Edge and Trailing Edge




Leading Edge vs. Trailing Edge
  – Leading Edge: “Make Love, Not War”;
    Woodstock; Dylan
  – Trailing Edge: “No Nukes”; LiveAid;
    The Boss




Mindsets/Attitudes                            Mindsets/Attitudes
  – Selfish?       or Self Confident?           –   Optimists, idealists
  – Hippies?       or Hip?                      –   As old as I say I am
  – Never grow up? or Never grow old?           –   Involved
                                                –   Busy, busy, busy
                                                –   Competitive (especially trailing edge)
                                                –   Team players, work towards consensus
                                                –   Need to feel valued
                                                –   Buy now, pay later




                                                                                                        3
10/9/2012




 Putting it into action
                                                                    Do this


                                             http://www.youtube.com/watch?v=WJkbEPbjqOc




                Not that                         Talkin’ Bout My Generation
                                                  GEN X       • Born between 1968 and 1979
                                                              • Today they are 32 to 43 years old
                                                              • 46 to 55 million
http://www.youtube.com/watch?v=chIgcMqdK_k




                                                Mindsets/Attitudes
                                                  – Cynical?                     or Pragmatic?
                                                  – Self-centered?               or Self-reliant?
                                                  – Lack of optimism for future? or Realistic?




                                                                                                           4
10/9/2012




Mindsets/Attitudes
  –   Reactive
  –   Accepting of diversity
  –   Entrepreneurial
  –   Feel overloaded with world challenges
  –   Confident, competent about own abilities
  –   Take risks to reach big goals
  –   Drowning in debt
  –   Earn and save to spend




      Tactics for Reaching
      Boomers & Beyond




                                                                               #PPPmeet
                                                             Why Print Works
                                                 •   Tangible
                                                 •   Fun
                                                 •   Convenient
                                                 •   Long-lived
                                                 •   Proven
                                                 •   Timeless – and ageless




                                                                                             5
10/9/2012




Char ts for your use: http://www.slideshare.net/CreatingResults




                                                                   6
10/9/2012




                                                                                          Popular Website Categories - ALL
                                                                        Mortgage                 21%
                                                                           News                     24%
                                                                     Senior Living                  25%
                                                                           Fitness                        37%
                                                                        Shopping                           38%
                                                                       Education                                 51%
                                                                       NonProfit                                  53%
                                                                         Financial                                 56%
                                                                      Real Estate                                  57%
                                                                            Local                                       60%
                                                                           Health                                             74%
                                                                           Travel                                                   87%
Free eBook:                                                                          0%       20%         40%      60%        80%         100%
http://www.CreatingResults.com/SocialSilverSurfers




                                                     2010 RESEARCH
     Popular Categories of
          Websites
• 40-54 year olds
   – Most likely to visit travel, local, education, non-profit
• 55-64 year olds
   – Slight edge w/ visits to social networks
• 65-74 year olds
   – Most likely to visit news sites (more than 2x rate of
     75+)
• 75+
   – Games 1.5x rate of 40-54 yr olds




                                                       #PPPmeet




                                                                                                                                                        7
10/9/2012




                              2010 RESEARCH




                                              • What percentage of all respondents over 40 do
                                                you think want to engage with a brand on social
                                                networks like Facebook?
                                                 –   Less than 20%
                                                 –   20-40%
                                                 –   40-60%
                                                 –   60-80%




                                                                                        2010 RESEARCH




Subtleties of                                 Subtleties of 40+ Marketing
40+ Marketing                                 Make it real
Make it real                                  2. Be sincere
1. Authenticity is critical




                                                                                                          8
10/9/2012




Subtleties of 40+ Marketing


Make it Easy
3. Stress convenience
4. Deliver great service

Make it Personal
5. R-E-S-P-E-C-T
                              Case study: http://www.creatingresults.com/Westminster-Online-Offline-Campaign




                                                                                                                 9
10/9/2012




Power up!
Generational Marketing
  –
  –
      Provides Insights
      Broadens Your Market
                                     QUESTIONS?
  –   Educates Your Team                     401-289-2500 or toll-free 888-205-8899
  –   Builds Your Donor Base                 www.CreatingResults.com
                                       Blog www.MatureMarketingMatters.com
                                             Twitter @CreatingResults


                               everything mature consumers experience
                                 branding | marketing | web | pr | displays | advertising




                                                                                                  10

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The Power of Generational Marketing

  • 1. 10/9/2012 #PPPmeet The Power of Generational Marketing October 5, 2012 Presented by Erin Read Ruddick @CreatingResults - #PPPmeet What generational What it is NOT marketing is NOT – Defining markets and donors solely by age http://www.youtube.com/watch?v=qAsi-KTG3L0 #PPPmeet What generational marketing CAN BE Agenda Generational Profiles – A strategy that leads to success – Discovering how to motivate The Four Most Effective Tactics for 50+ donors with insights into their: • Direct mail • Age • Email • Demographics • Internet • Psychographics • Social media • Lifestages • Generational Cohort 5 Subtleties of 50+ Marketing 1
  • 2. 10/9/2012 What is a generation? Generational Cohorts – Spans 15-25 years – Defined by historical events, GREATEST 1901-1924 common experiences SILENT - MATURES 1925-1942 (Howe/Strauss) – Different than those that come BOOMER 1946-1964 (US Census) before or follow after GEN X 1968-1979 (US Census) GEN Y/MILENNIALS 1982 –late 2002 Talkin’ Bout My Generation SILENT • Born between 1925 and 1942 • Today they are 69 to 86 years old • Roughly 59 million • Names for this group include “Silent” and “Eisenhower” generation Mindsets/Attitudes Mindsets/Attitudes – Silent? or Adaptive? – Respect (authority), – Stuffy? or Well-Mannered? need to feel respected – Invisible? or Individual? – Duty before fun – Helpers – Conformist? or Pick Battles? – Responsible – Spend only what you have saved 2
  • 3. 10/9/2012 Talkin’ Bout My Generation BABY • Born between 1946 and 1964 • Today they are 47 to 65 years old BOOMERS • Between 78 and 80 million • Can be divided into two parts – Leading Edge and Trailing Edge Leading Edge vs. Trailing Edge – Leading Edge: “Make Love, Not War”; Woodstock; Dylan – Trailing Edge: “No Nukes”; LiveAid; The Boss Mindsets/Attitudes Mindsets/Attitudes – Selfish? or Self Confident? – Optimists, idealists – Hippies? or Hip? – As old as I say I am – Never grow up? or Never grow old? – Involved – Busy, busy, busy – Competitive (especially trailing edge) – Team players, work towards consensus – Need to feel valued – Buy now, pay later 3
  • 4. 10/9/2012 Putting it into action Do this http://www.youtube.com/watch?v=WJkbEPbjqOc Not that Talkin’ Bout My Generation GEN X • Born between 1968 and 1979 • Today they are 32 to 43 years old • 46 to 55 million http://www.youtube.com/watch?v=chIgcMqdK_k Mindsets/Attitudes – Cynical? or Pragmatic? – Self-centered? or Self-reliant? – Lack of optimism for future? or Realistic? 4
  • 5. 10/9/2012 Mindsets/Attitudes – Reactive – Accepting of diversity – Entrepreneurial – Feel overloaded with world challenges – Confident, competent about own abilities – Take risks to reach big goals – Drowning in debt – Earn and save to spend Tactics for Reaching Boomers & Beyond #PPPmeet Why Print Works • Tangible • Fun • Convenient • Long-lived • Proven • Timeless – and ageless 5
  • 6. 10/9/2012 Char ts for your use: http://www.slideshare.net/CreatingResults 6
  • 7. 10/9/2012 Popular Website Categories - ALL Mortgage 21% News 24% Senior Living 25% Fitness 37% Shopping 38% Education 51% NonProfit 53% Financial 56% Real Estate 57% Local 60% Health 74% Travel 87% Free eBook: 0% 20% 40% 60% 80% 100% http://www.CreatingResults.com/SocialSilverSurfers 2010 RESEARCH Popular Categories of Websites • 40-54 year olds – Most likely to visit travel, local, education, non-profit • 55-64 year olds – Slight edge w/ visits to social networks • 65-74 year olds – Most likely to visit news sites (more than 2x rate of 75+) • 75+ – Games 1.5x rate of 40-54 yr olds #PPPmeet 7
  • 8. 10/9/2012 2010 RESEARCH • What percentage of all respondents over 40 do you think want to engage with a brand on social networks like Facebook? – Less than 20% – 20-40% – 40-60% – 60-80% 2010 RESEARCH Subtleties of Subtleties of 40+ Marketing 40+ Marketing Make it real Make it real 2. Be sincere 1. Authenticity is critical 8
  • 9. 10/9/2012 Subtleties of 40+ Marketing Make it Easy 3. Stress convenience 4. Deliver great service Make it Personal 5. R-E-S-P-E-C-T Case study: http://www.creatingresults.com/Westminster-Online-Offline-Campaign 9
  • 10. 10/9/2012 Power up! Generational Marketing – – Provides Insights Broadens Your Market QUESTIONS? – Educates Your Team 401-289-2500 or toll-free 888-205-8899 – Builds Your Donor Base www.CreatingResults.com Blog www.MatureMarketingMatters.com Twitter @CreatingResults everything mature consumers experience branding | marketing | web | pr | displays | advertising 10