Baby Boomers are over 100 million in population, those born before 1965 are the single largest consumer group in the United States. They are the wealthiest, best educated and most sophisticated group of purchasers in America. With more wealth and disposable income than any other population in America, this group is the new customer majority.
From my experience marketing to this group, I know the key to capturing and keeping the attention of this rapidly growing segment of our population. Understanding their behavior, satisfaction needs and buying motivators is a practice in Sociomarketing™. Research into this demographic using Sociomarketing Behavior Analysis Algorithms allows us to approach the most effective marketing and sales tools and techniques.
Baby Boomers are experimental, individualism, general distrust of government, free spirited, and social cause oriented. Most Baby Boomers are goal oriented and competitive, since this generation equates work and position with personal achievements they are very clever and resourceful in the office. They believe in “face time” and the value of a good days work and may fault the younger generations for working remotely.
Marketing management is important to keep track of your return on investment from multiple advertising and marketing campaigns. It may be difficult to track the return on guerilla marketing and social media campaigns, however there are a few simple ways to do it. The first way to track the return on a marketing effort is to create a unique email or call-back number to track how many leads are generated by the effort. There are a few services that you can implement including Google Voice that will track how many people call into a certain phone line.
Joel Goldstein is one of the foremost business marketing consultants in the world. He is known as the Father of Sociomarketing. As an experienced entrepreneur, Joel can relate his experiences into best practices for current and future business owners. Joel Goldstein’s speaking presentations run from an hour for a keynote speech to four hours for a half-day program.