Showing posts with label demographics. Show all posts
Showing posts with label demographics. Show all posts

9.11.2008

Getting to Know Gamma Women

A report from Meredith Corporation on Marketing Charts this week says that there are upwards of 55 million "Gamma women" out there. A Gamma woman is someone who influences a wide network of consumers and generates and disseminates new ideas and trends. Basically, an influencer who's a woman.

Meredith Corporation suggests that the Gamma women will bring about a new marketing model. Traditionally, marketing efforts have been geared toward an Alpha woman, who values status and tends to be materialistic. In contrast, Gamma women display the following characteristics:

  • Collaborative and inclusive
  • Feels empowered by information
  • Values relationships of all kinds
  • Defines success for herself
  • Individualistic and self-actualizing
  • Believes work should fit personal and family needs; not the other way around
  • Strives to be healthy and is comfortable in her own skin
  • Enjoys creative pursuits and opportunities for self-expression
  • Environmentally conscious
  • Faith and spirituality are important
  • Willing to share her time and talents
“Gammas are true brand advocates who are passionate and spread the word about what they like,” said Jack Griffin, president of Meredith Publishing. “It’s time for marketers to engage Gammas where they are already looking for social currency - talking with them versus talking at them.”

For a more indepth look at the 5 Profiles of Gamma women, read the full article here.

8.25.2008

Digital Advertising Recognizes Your Demographics and Product Choices

New technology called ad targeting is on it's way to your favorite local stores.

Soon, in-store promotions will be based on products the you picked off a shelf, and it's not too long before you'll see ads based on what you look like.

Dunkin Donuts is currently testing the ads in two Buffalo, NY locations. In the morning ads will feature breakfast items at the cash register and lunch items at the pick up station, hoping to prompt a return visit.

But the real 'Big Brother' technology is being tested in Germany, where Proctor and Gamble have inserted radio-based ID tags in key products. If a consumer chooses a product from the shelf, a targeted advertising message is served up on an eye-level, digital screen in front of them. For example, if you choose a shampoo, the screen will suggest complimentary P&G styling products. Convenient, yet creepy.

YCD Multimedia, who provides the digital screens for Dunkin' Donuts, is working to quickly roll-out facial-recognition technologies that can classify people into certain demographic groups by identifying their approximate age and their sex. This technology would use face shape to serve up ads relevant to your identified demographic.

Another interesting application is inventory management. Israeli coffee chain Aroma Espresso Bar is using the screens to encourage consumers to purchase items that they may have overstocked and perishable goods. If there is a large amount of pastries that will go stale that night, for instance, a manager will switch ads on the screen to promote them, says Gali Goldwaser, marketing manager for Aroma.

8.04.2008

Marketers, Meet 'Generation V'

Below is a recent piece from Marketing Charts, introducing us to a new generation of consumers - one that is not bound by age or social class - but it strictly behaviorally based.

‘Generation V’ Defies Traditional Demographics

The online behavior, attitudes and interests of people from all walks of life are blending together online, cutting across generations and traditional demographics and giving rise to a new online group called “Generation Virtual” (Generation V), according to research by Gartner, which coined the term.

Unlike previous generations, Generation V is not defined by age, gender, social class or geography. Instead, it is based on achievement, accomplishments and an increasing preference for the use of digital media channels to discover information, build knowledge and share insights.

Marketers will ultimately need a separate marketing strategy to reach this generation, according to Gartner.

Within the Generation V community, Gartner defines four levels of engagement - creators, contributors, opportunists, and lurkers - related to the extent to which customers engage with other customers and the level of engagement that businesses and other organizations must have to enable them:

Findings about these Generation V segments:

  • Up to 3% will be creators, providing original content. They can be advocates that promote products and services.
  • Between 3% and 10% will be contributors who add to the conversation, but don’t initiate it. They can recommend products and services as customers move through a buying process, looking for purchasing advice.
  • Between 10% and 20% will be opportunists, who can further contributions regarding purchasing decisions. Opportunists can add value to a conversation that’s taking place while walking through a considered purchase.
  • Approximately 80% will be lurkers, essentially spectators, who reap the rewards of online community input but absorb only what is being communicated. They can still implicitly contribute and indirectly validate value from the rest of the community. All users start out as lurkers.

To address the different needs of these groups, Gartner recommends that marketing organizations segment and support all four engagement levels in the community with appropriate technology and establish goals with plans for determining return on investment (ROI).

“Companies should plan to segment all four levels in the community - each has significant business value,” said Adam Sarner, principal research analyst at Gartner. “Differentiation exists between sectors and industries. Marketers with strong brands attract more creators. Certain industries, such as insurance, draw more lurkers.”

via Marketing Charts

 
blog template by suckmylolly.com : header hand photo by Aaron Murphy