Baby Boomers Online
‘Baby Boomers’, those born during the
20 year period after the Second World War, are having a
significant effect on today’s Internet marketing scene.
It is estimated that as well as laying claim to becoming
the largest group of United States Internet users, some
60 million of this group make up nearly one third
of
United
States online
users.
With the life expectancy of Baby
Boomers being greater than in previous generations and
with many of them delaying retirement longer than their
parents or grandparents, there is a huge spending market
waiting to be tapped by Internet
marketers.
Many Baby Boomers have put off
retirement because of the effect of the present economic
situation on their long-term savings. Credit card debt,
unpaid mortgages, personal loans; are all factors
demanding a need for a money source. Baby Boomers, then,
have and need more money than previous
generations.
This 50 plus marketing group has a
maturity that is missing from younger groups. With the
millions of dollars spending power at their disposal,
they like to shop around and generally steer clear of
care-free spending. In marketing to this group, then,
Internet marketers would do well to consider how they
approach and tap into such a potentially lucrative
market.
With the focus on relationship building
these days, we need to note that Baby Boomers are very
interested in social networks in their search for
entertainment and general consumption. Traditional
advertising mediums may not be so rewarding, then, and
social networks may need to be targeted by marketers to
meet marketing needs within the Baby Boomer
group.
One fairly new social network is Eons,
which specifically targets Baby Boomers. You need to be
at least 50 years old to register at the site. The
success of Eons has been its ability to keep members
interested through social networking tools, discussion
boards and online self-assessment tools. Eons is a huge
market for entrepreneurs to tap
into.
It is estimated that the 50 plus
marketing group will increase significantly in the next
10 years. In targeting this group we need to concentrate
on building relationships and not treat them as elderly
people with limited ability, which they will resent.
Position yourself so they can evaluate the facts of your
business. Train them to believe that your business and
what you have on offer will be the best solution for
their needs.
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