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Marketing and Motivating Boomers and Beyond

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A Box of Insights for Mature Marketing, Courtesy of My Nana

Thursday, April 1st, 2010

Yesterday, we buried my 98-year-old grandmother, Claire Ogg.  This week has truly been a celebration of her life – far more smiles than tears. 

Born in 1912, “Nana” was a member of the cohort we call the Greatest Generation.  She had lived through the Great Depression and it defined many of her attitudes and behaviors.  For years she kept money literally under her mattress.  And in her latter years, her most important documents were kept in a small green cash box.  That little box holds not only memories but insights for those marketing to Baby Boomers and beyond.

* People are driven by their passions.  Nana was an RN who had served as a visiting nurse in Rhode Island for more than 12 years.  The little boxGreenCashBox had several items related to nursing, even though she had retired many decades ago.  Her passion for medicine and wellness was evident until the end.  If you’re marketing to retirees, don’t forget that these people are more than their employment status.  How does your community, your product or service help them stay connected to lifelong passions … or even develop new ones?

Passions are not just a Boomer or senior marketing issue.   As eMarketer noted this week, influencers in the social media sphere – those brand advocates many companies are trying to cultivate for earned media - are “most identifiable not by demographics but by behavior.”

* Life is funny.  Comic strips and funny cards found were among her treasures.  Nana’s quick wit was legend within our family and within the wonderful Jeanne Jugan Residence, a nursing home run by the Little Sisters of the Poor where she spent the last four years of her life.  

Humor was one of the ways she dealt with the physical realities of aging.  She loved to tell of the great-grandchild who, on Easter morning, asked “Was Nana there when Jesus died?”

Life is full of fun, no matter what your age.  Try some humor in your marketing and you’ll be connecting with your targets on a whole new (and effective) level.

HPIM0452* Family first.  The lock box was filled with birth certificates of those who came before and after our Claire.  My grandmother was an only child.  She had two children, 13 grandchildren and 32 great-grandchildren.  (#33 is due in August.)  Family was paramount.  And family influenced her purchases.  Even when she didn’t consult us, she always considered us when making decisions, which is another valuable insight for marketers.

* You can make your own family.  Nana’s dad skipped out on the family a few weeks before she was born.  Nana’s mom moved them into a house with an unrelated grandfather and several aunts.  It made economic sense.  I see echoes of this in Pew’s recent research showing the “return of the multi-generational family household.”  It also made emotional sense; my Nana benefited from a built-in family.

When Claire herself was in her 40s, she and my “Boppa” made the young couple living downstairs a part of their family.  So, in addition to my 10 real cousins, I can count another 9 sort-of-cousins thanks to Nana.  Mixed in with the memories in that little green box were clippings on “cousin” John’s high school track triumphs and “cousin” Jim’s wedding announcement.

My own generation – Gen X – has been distinguished by the way we create our own families.  Many of us were latch-key kids, with childhoods marked by divorce.  Our biological families may be scattered across the country or globe, so we cobble together our own clans.  Just one more insight that helps marketers see beyond a definition of age and focus on what matters to individuals.

* Manners count. That young couple from downstairs had 4 children in 5 years.  We found in Nana’s box a letter thanking her for watching the kids while they took a much-needed vacation.  We smiled as we read this and other notes of gratitude that she had kept and re-read, some for 50 years.  Where are manners in your marketing program?  Do you build in opportunities to show your gratitude, to say “thanks”?

I hope as mature marketers we can take some time to think about targets and what they keep in their own small green box.  Then, give thanks to my Nana for her insights.  I know I always will.

US Online Population Shifts Older, Resembles Offline

Wednesday, February 17th, 2010

eMarketer’s new data on the US Internet population shows that the online world now resembles the offline: filled with active older consumers.  Internet usage is shifting, as mature users have taken to the Web.  Those marketing to Boomers and seniors will note that eMarketer predicts this trend will continue for the next five years: “More than one-half of new users will be ages 45 and up, as many of the remaining laggards come on board.”

Here is the eMarketer chart projecting the US Internet user penetration, by age, for the next 5 years:

USInternetUserPenetrationByAge2008-20014.eMarketer

 

For those curious, here are the US Census projections related to the US population as a whole, by age:

USPopGrowthbyAge2005-2015.Census

As we noted on this blog last week, long gone are the days of thinking mature consumers are not online. Any business marketing lifestyle services to Boomers and seniors must have a well-constructed Internet strategy and design their websites so they are friendly to mature consumers.  Internet success is critical to overall success, and it will not happen overnight.

Social Media and Boomer, Senior Homebuyers: Untangling the Web

Thursday, February 11th, 2010

Social media marketing seemed to be the topic of the hour at the 2010 International Builders Show (and other conferences I’ve attended in the past few months, such as the American Association of Homes and Services for the Aging event).  Builders and developers – of active adult communities, of intergenerational housing, of continuing care retirement communities – are all wondering how these newer online marketing tools can drive sales with Boomer and Senior homebuyers.

In a new white paper with the “Top Ten Take-Aways from IBS 2010,” tip #9 addresses Untangling the Web.  While the seniors housing industry is buzzing about social media, there are a lot of questions about whether to dive in.

Is Social Media Marketing Worth It with Baby Boomers and Seniors?

For those with 50+ age-qualified properties, question #1 often is: Should I even bother? As we’ve talked about frequently on this blog, YES.  Seniors, Boomers, folks over 40 – they’re online, and actively engaged in social media.  Just last week, eMarketer highlighted the growing presence of Boomers on social networks.SocialNetworkingUseByGeneration.eMarketer

It’s not just Baby Boomers, either.  The stats show that 36% of Internet users over 63 are actively maintaining a social networking profile.  (Roughly 13% of the entire US population is over 65.)

The short answer is every builder needs to be engaged in social media at some level.

Case Study: Using Social Media Techniques to Reach CCRC Retiree Prospects

Recently our team had the honor of working with Willow Valley Retirement Communitiesto revamp their website.  Willow Valley is the nation’s third largest retirement community, and – unlike most CCRCs which draw primarily from their local area – it’s a true destination.  Willow Valley attracts retirees from 37 states.

Their prospects are educated, active and typically in their 70s.  However, the Willow Valley and Creating Results teams recognize the gradual shift that will occur over the next decade, as the Silent Generation (born between 1925 and 1942) is joined by Baby Boomers (born 1946-1964).

Our plan for their new website was to make it not only functional and attractive, but to make the website the first stop on a prospect’s journey to retirement.  That means it has to truly engaging.  Social media techniques are built in throughout the site:

* share with a friend features – retirees can email, tweet or post content from any where in the site to their Facebook account
* videos embedded into the site from a branded WillowValley-TV channel on YouTube
* publications piped in from a digital publishing library that encourages sharing
* multiple calls for feedback and interaction (“suggest it to our librarian”)

The site is structured so that, looking ahead, the client can phase in more social engagement opportunities – message boards, blogs and comments/reviews.

Getting Social with Seniors, Strategically

Judging by the turnout at IBS social media sessions, many builders and developers are stuck on question #2 is: Where do I start?

I counsel our clients with active adult or continuing care retirement communities to start with the fundamentals, and that includes a plan.  Any business wanting to incorporate social media into their Boomer marketing should have a strategy, goals, and have a plan that shows how social engagement is integrated into their rest of their marketing program for maximum impact.

(Creating Results also offers clients a bundle of social marketing services, including education, strategy and training … but that’s another story.)

Let’s put the question to you:  In 2010, where will you start in your efforts to untangle the web and reach Boomers/senior homebuyers through social media? How can building community online drive sales for active adult and retirement communities offline?

Please share your thoughts and questions below.


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