marketing to generations
Identifying, understanding (and marketing to) the generations
For years, marketers have made it their business to study
different age groups for ways to best reach out to, and communicate with, the
various generations. But who are we referring to when we break down the
generations?
Mature or silent generation (1928 - 1945)
Characteristics:
Hard working, married young, family-friendly, affluence, domesticity, activism,
conventional, morally confused.
Defining
events: World War II, the start of the Cold War, sub-urbanization, Elvis
Presley, the Beat movement, the Korean War, Women’s liberation.

They
witnessed cultural diversity, fragmenting families, affluence, and had a
propensity toward indecision. However, while activism is one of the key characteristics
of this generation, many also were quiet, hardworking people who focused on
getting things done and advancing their careers, despite an internal struggle
about their identity and place in the world.
The
silent generation, so called because of their lack of voice, was encouraged to
conform to social norms, but this generation struggled with the aspirations
thrust on them from past generations with the revolutionary ideals of the
growing civil rights movement and the women's liberation movement.
The baby boomers (Born 1945 -1964)
Characteristics:
Experimental, individualist, free spirited, self-belief, self-fulfillment,
self-improvement, rejection or redefinition of traditional values,
spiritualism, sub-cultural explosion.
Defining
events: The Cold War, the rise of television, the Kennedy and King
assassinations, the civil rights movement, the Beatles, the Vietnam War, first
Apollo moon landing, Woodstock.
The
baby boom generation is a term which portrays a generation born during the middle
part of the 20th Century. The exact dates for this generation are subject to
much discussion, but they are stereotypically associated with cultural
touchstones like the Star Trek and Mission Impossible TV shows, Woodstock, and
the anti-Vietnam war movement. They also are widely associated with privilege,
with many of them growing up in the affluent and revolutionary 1950s, and their
values changed as much as their hairstyles.

Today’s
boomers are healthier, richer, and preparing for a second flush of youth in
their 50s as the kids move out and their savings can be spent on luxuries. And,
as an increasingly Web-savvy demographic, Boomers are fast becoming a
marketer’s dream customer.
Generation X (Born 1965 -1979)
Characteristics:
Rebelliousness, independent, entrepreneurial, anti-establishment, skeptical,
ecology-minded, anti-consumerist, short attention spans, multi-career minded.
Defining
events: Watergate, the 1970s oil shocks, the Iran hostage crisis, rising
divorce rates, the PC revolution, AIDS, grunge music.
Although
the name Generation X is most commonly associated with author Douglas
Copeland’s 1991 novel of the same name, it also has been referred to as the
baby bust generation, because of the drop in birth rates after the baby boom.
Other tags include YIFFIES (young individualistic freedom-minded few), the
brash pack, FLYERS (fun-loving youth en route to success), DINKYS (double
income no kids yet) the NIKES (no income kids with education), the indifferent
generation, and the invisible generation.
Whatever
term you prefer, Gen X is known for its independent and skeptical approach to
mass marketing and, now in their 30s and 40s, they represent an affluent
demographic that are buying homes earlier and starting families later. This
love affair with consumerism stems from a childhood dealing with recession, single-parent
households, the Internet, and other personal technology. Consequently, Gen X
consumes media differently than earlier generations and presents an interesting
dilemma for marketers, mainly because of their transient tastes and lack of
identity.
For
example, Gen X is made up of poor decision makers; they have few heroes, crave
entertainment, and hate yuppies, hippies, and druggies. With a consummate fear
of divorce, they are loathed to marry but hold family life dear. They are
inspired by nature and want to make a difference, a characteristic that is
evident from the huge numbers of entrepreneurs in this group.
Generation Y or Millennials (1980 -1994)
Characteristics:
Style-conscious, tech-savvy, prematurely affluent, independent, needy, socially
and environmentally aware, pro-community, pro-multi-culturalism, pro-gender
equality.
Defining
events: The fall of the Berlin Wall, the birth of the Web, the dotcom boom and
bust, anime, 9/11, growth in social media, rebirth of pop culture.
Never
has there been a more needy generation than Y. An article in The Economist
stated: “Gen Y are spoiled, narcissistic layabouts that can’t spell and waste
too much time on instant messaging and Facebook.”
Defined
by the rise of instant communication technologies, thanks to the birth of
e-mail, texting, instant messaging (IM), new media used through Web
sites such as YouTube and social networking sites like Facebook and
Twitter, Generation Y's reputation for being peer-oriented and for seeking
instant gratification is well-earned. They have strong authenticity radar
and loathe blatant advertising, meaning that consumer brands are turning to Gen
Y’s own communication means to get their brand messages across.
But
for all these negatives, there are many virtues: they are Internet savvy, are
natural collaborators, are frequently in touch with their parents, use
technology at a far higher rate than any previous generations, cannot function
socially without a mobile phone, and have refined the art of multi-tasking to
such an extent that they can text, surf the Internet, download music, and chat
to friends on IM simultaneously.
One
major differentiator with Gen Y and other groups is how they act in the
workplace. These young people, often referred to as trophy kids, have great
expectations about the working world. To this end, Gen Y is considered needy,
and constantly seeks feedback, responsibility, and involvement in decision
making.
But
they also are adaptable and crave independence – Why do they need to be
shackled to their prison when they can do their work in Starbucks? They demand
respect and expect to have a voice, and that voice to be listened to.
Environmental issues also are of high importance having grown up with a green
message at every turn.
The Net Generation (1995 - present)
Characteristics:
Web and technology savvy, brand conscious, community minded,
pro-multi-culturalism, pro-equality.
Defining
events: Explosion in social media, war on terror, growth in mobile technology,
Bush Administration/Obama election, reality TV.
Generation
Z, the net generation or iGeneration is considered to be those born between the
mid-1990s and mid-2000s. As the children of the youngest baby boomers and
generation X, this group has taken the use of technology and the Internet to new
heights. Nick-named digital natives, these youngsters have never known life
without the internet, DVDs, instant messaging, texts, MP3s, mobile phones,
YouTube, or other such technologies.

In
fact, brands are going to have to compete even harder to get Gen Z to even
raise an eyebrow at their products – if it doesn’t get their attention
immediately, it never will. Old media that fails to adapt and develop their
brand integration strategies also will be left on the sidelines. Forget the
Internet revolution; the net generation is poised and ready to turn the
industry on its head.
Comments
Post a Comment