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Secrets to winning with Aging Consumers June 21, 2010

Posted by utehagen in Boomer Marketing, Marketing 101, Understanding Customers, Your personal success.
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I just read a very insightful article on Mediapost:

Understand What And How The Consumer Thinks by Jim Gilmartin

http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=130551&lfe=1

If you want to be successful with your business endeavors, you must understand the demographic trends that are a fact of life: the Boomer Generation is coming of age, they are starting to age, and therefore the majority of your potential customers are changing in terms of their needs. What worked for you 10 years ago marketing to them, will no longer work. Therefore it is critical that you spent the time to really understand how the Boomer generation thinks and therefore how to relate to them.

As human beings move through the different seasons of their life, their deep motivations change completely.

I highly recommend to read the referenced article and to stop and spend the time to understand your aging customer base.  It will have a positive reflection on your turnover and bottom line, whatever your business is.

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