跳过导航
Ageless Marketing
Book

Ageless Marketing

Strategies for Reaching the Hearts and Minds of the New Consumer Majority

Kaplan Publishing, 2003 更多详情


Editorial Rating

6

Qualities

  • Innovative
  • Scientific
  • Well Structured

Recommendation

As American markets have evolved, so has the consumer. The aging American consumer (40 and over), now the New Customer Majority, makes purchasing decisions based on values, a shift that traditional marketing has failed to accommodate. The result is consumer dissatisfaction, diminished brand loyalty and expensive, ineffective advertising. Authors David B. Wolfe and Robert E. Snyder argue that marketers should acknowledge the new demographics and use techniques from brain research, developmental psychology, sociology and demographics to reach aging consumers. While the authors selectively cite data and successful marketing campaigns, they also offer a sound narrative and a refreshing, common sense point of view. On the downside, they use extensive marketing jargon, perhaps because they are ad consultants promoting their expertise. Citing attitudinal studies and new behavioral and brain chemistry research, they explain that marketers must account for their consumers’ "season of life" to develop effective campaigns. getAbstract recommends this book to corporate marketing, investor relations, human resources, customer service and product development departments. It might even bridge the generation gap.

Take-Aways

  • Consumers age 40 and older have become the adult majority numerically and in purchasing power compared to the previously powerful 18-34 age group.
  • Marketing is more expensive and ineffective because advertisers emphasize the youth market and minimize this New Customer Majority.
  • Instead of targeting age groups, marketing campaigns should cross age boundaries.

About the Authors

David B. Wolfe, an international consultant, is considered one of the founders of developmental relationship and ageless marketing. His clients have included AT&T, Coca-Cola, Metropolitan Life and Marriott. Robert E. Snyder is a partner with Retirement Living Services of Hartford, Conn., and formerly headed the Mature Market Group at J. Walter Thompson. He is an expert on the values, belief systems and buying habits of older Americans.


Comment on this summary or 开始讨论

More on this topic

By the same authors

Learners who read this summary also read