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"Walter Luffman" wrote in message ... On 14 Aug 2003 17:07:14 GMT, (Sven Franklyn Weil) wrote: In article , Walter Luffman wrote: few years from now; the music I listen to has been around for fifty years, more or less, and it still appeals to the largest and most affluent generation in history. And it's a generation that is aging out of the range advertisers want. It's also a generation whose upper tiers are dying off. Most Top 40 Oldies fans (including rockabilly, blues and other genres popular in the early portion of that era) are Baby Boomers, the leader edge of which group is only now in its late fifties. Even extending the beginning of the "Top 40 generation" upward a few years, they're in their early 60s at most, which means relatively few already dying of age-related causes. And we Baby Boomers generally have more disposable income today than we ever had in our past. The kids are out on their own. We're either at or just past our peak earning years. Our homes are already paid off. We can treat ourselves to luxuries we could never afford when we were younger. Believe me, I buy a lot more than Metamucil and blood-pressure pills! Stop there. Adevertisers determine where ad money will be spent. When station reps or sellers call, if they do not offer the target deemo, they are wasting their time. Very, very few advertisers use radio to reach 55+ consumers, whatever their income level. The main reason is a belief, backed by tons of research, that older consumers are more set in buying patterns and thus require much more advertising (repetiton) to be convinced to change. In most cases, the increase in frequency is not worth the eventual sale. So 90+ percent of ad campaigns are not targeted at 55+. Since these decisions are made by marketers at P&G and Ford and Budweiser, there is no way individeual stasitons or groups can possibly get through at that level... in fact, demographics were probably considered in procut design. Those who do target 55+ ususally use specialized magazines (AARP, for example) and special interest publications (like travel magazines, finance magazines, etc.) since they are efficient in reaching 55+ persons. Who cares? Most of my contemporaries would rather pay off their credit card debt, or just pay cash and stay out of debt in the first place. You might have a point when it comes to "the trendiest clothes", though -- I wear a business suit when I must, jeans or khakis when I can, but I stopped worrying about being trendy a long time ago. You are an exceptional person in this group. A significant portion of Americans reaching retirement age have savings under $100,000 (think it is 90% plus) and will live on $1200 in monthly SS payments. Most retired persons have extensive credit card debt, since they use the card to finance emergencies, and then gto for years paying it down. You have something against Wal-Mart, Sears and Best Buy? Yeah, I shop at those places. I also spend lot of money at Home Depot, PetsMart, Office Max, Kroger, various upscale department stores, Starbucks, and even Burger King (although I prefer Sonic Drive-Ins ... I tip the carhops, something I doubt many teenagers ever do). All those places are part of "middle America". I have no idea where people in parts of America outside the "middle" shop. And I don't especially care where people outside the United States shop, although I would presume they shop primarily in their home countries because of convenience. Where you shop or how much you spend is not the issue. It is how much in dollars per person an advertiser would spend to get you to quit buying Metamucil at Wal-Mart and start getting it at Target. The conclusion by most is that changing life-long brand preference is more expensive to change than the profit on several years consumption of Metamucil, even if you use really heaping tablespoons full. |
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David Eduardo wrote: "Walter Luffman" wrote in message ... On 14 Aug 2003 17:07:14 GMT, (Sven Franklyn Weil) wrote: In article , Walter Luffman wrote: few years from now; the music I listen to has been around for fifty years, more or less, and it still appeals to the largest and most affluent generation in history. And it's a generation that is aging out of the range advertisers want. It's also a generation whose upper tiers are dying off. Most Top 40 Oldies fans (including rockabilly, blues and other genres popular in the early portion of that era) are Baby Boomers, the leader edge of which group is only now in its late fifties. Even extending the beginning of the "Top 40 generation" upward a few years, they're in their early 60s at most, which means relatively few already dying of age-related causes. And we Baby Boomers generally have more disposable income today than we ever had in our past. The kids are out on their own. We're either at or just past our peak earning years. Our homes are already paid off. We can treat ourselves to luxuries we could never afford when we were younger. Believe me, I buy a lot more than Metamucil and blood-pressure pills! Stop there. Adevertisers determine where ad money will be spent. When station reps or sellers call, if they do not offer the target deemo, they are wasting their time. thus the problem being identified. Just because the sales folks or ad folks ignore this demo today only seems that they will be replaced in not too distant future. Guess my point is follow the money. Very, very few advertisers use radio to reach 55+ consumers, whatever their income level. The main reason is a belief, backed by tons of research, that older consumers are more set in buying patterns and thus require much more advertising (repetiton) to be convinced to change. can not argue with this on general principal - again - follow the money - the % of disposable $ very soon is not going to be teens but all of us old farts as the snake continues to swallow the elephant - just my opinion and your test obviously show I am dead wrong - but lets talk again in another 10 years and see what the deal is then :-) In most cases, the increase in frequency is not worth the eventual sale. So 90+ percent of ad campaigns are not targeted at 55+. Since these decisions are made by marketers at P&G and Ford and Budweiser, there is no way individeual stasitons or groups can possibly get through at that level... in fact, demographics were probably considered in procut design. Those who do target 55+ ususally use specialized magazines (AARP, for example) and special interest publications (like travel magazines, finance magazines, etc.) since they are efficient in reaching 55+ persons. So decide which side you are arguing - think these publications are doing OK and are increasing distribution and revenue (though I may just be old) Who cares? Most of my contemporaries would rather pay off their credit card debt, or just pay cash and stay out of debt in the first place. You might have a point when it comes to "the trendiest clothes", though -- I wear a business suit when I must, jeans or khakis when I can, but I stopped worrying about being trendy a long time ago. You are an exceptional person in this group. A significant portion of Americans reaching retirement age have savings under $100,000 (think it is 90% plus) and will live on $1200 in monthly SS payments. Most retired persons have extensive credit card debt, since they use the card to finance emergencies, and then gto for years paying it down. OK - even if all us old farts are broke and deep in debt, the card companies and banks keep letting us buy, though I doubt these statistics as they apply to the present 50 to 60 age group, maybe for present 70+ folks your numbers work - what you got for the current 50 to 60 group? You have something against Wal-Mart, Sears and Best Buy? Yeah, I shop at those places. I also spend lot of money at Home Depot, PetsMart, Office Max, Kroger, various upscale department stores, Starbucks, and even Burger King (although I prefer Sonic Drive-Ins ... I tip the carhops, something I doubt many teenagers ever do). All those places are part of "middle America". I have no idea where people in parts of America outside the "middle" shop. And I don't especially care where people outside the United States shop, although I would presume they shop primarily in their home countries because of convenience. Where you shop or how much you spend is not the issue. It is how much in dollars per person an advertiser would spend to get you to quit buying Metamucil at Wal-Mart and start getting it at Target. The conclusion by most is that changing life-long brand preference is more expensive to change than the profit on several years consumption of Metamucil, even if you use really heaping tablespoons full. Again - this may be true today, but the elephant is getting to be toward the back of that snake and that elephant has lots of disposable $ compared to a current 15 year old population. I would think that at some point ad and marketing folks would at least look at this reality. Or maybe I am just old an senile and unrealistic |
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"gbfmif" wrote in message ... David Eduardo wrote: Stop there. Adevertisers determine where ad money will be spent. When station reps or sellers call, if they do not offer the target deemo, they are wasting their time. thus the problem being identified. Just because the sales folks or ad folks ignore this demo today only seems that they will be replaced in not too distant future. Guess my point is follow the money. The issue is not the money. It is how much ad cost per sale it will talke to convince mature persons to change thier established and less fluid buying patterns. So far, the bulk of advertisers have determined that the cost is greater than the gain. Very, very few advertisers use radio to reach 55+ consumers, whatever their income level. The main reason is a belief, backed by tons of research, that older consumers are more set in buying patterns and thus require much more advertising (repetiton) to be convinced to change. can not argue with this on general principal - again - follow the money - the % of disposable $ very soon is not going to be teens but all of us old farts as the snake continues to swallow the elephant - just my opinion and your test obviously show I am dead wrong - but lets talk again in another 10 years and see what the deal is then :-) At the risk of redundancy, it is not about income. It is about how many impressions an ad has to make on a consumer before they will consider trying a brand or changing from thier present brand. Those who do target 55+ ususally use specialized magazines (AARP, for example) and special interest publications (like travel magazines, finance magazines, etc.) since they are efficient in reaching 55+ persons. So decide which side you are arguing - think these publications are doing OK and are increasing distribution and revenue (though I may just be old) The difference is that these national publications are extremely cost effcient with no spillage and can be target to travelers, hobbyists, investors, etc. Radio is far broader. You are an exceptional person in this group. A significant portion of Americans reaching retirement age have savings under $100,000 (think it is 90% plus) and will live on $1200 in monthly SS payments. Most retired persons have extensive credit card debt, since they use the card to finance emergencies, and then gto for years paying it down. OK - even if all us old farts are broke and deep in debt, the card companies and banks keep letting us buy, though I doubt these statistics as they apply to the present 50 to 60 age group, maybe for present 70+ folks your numbers work - what you got for the current 50 to 60 group? 50 to 60 is transitional. Social Security does not kick in before 62; ful benefits are not available until age 65, the same age that Medicare eligibility is established. However, there are many under-60 retirees who have done 25 years in the military, some government services, etc... or have been early retired. Most are on private or government pensions, and they are still mature persons who have more established buying habits than the younger adult demos. Where you shop or how much you spend is not the issue. It is how much in dollars per person an advertiser would spend to get you to quit buying Metamucil at Wal-Mart and start getting it at Target. The conclusion by most is that changing life-long brand preference is more expensive to change than the profit on several years consumption of Metamucil, even if you use really heaping tablespoons full. Again - this may be true today, but the elephant is getting to be toward the back of that snake and that elephant has lots of disposable $ compared to a current 15 year old population. I would think that at some point ad and marketing folks would at least look at this reality. Or maybe I am just old an senile and unrealistic When advertisers find the dollars at stake warrant a greater investment based on greater returns, the ad targets will change. First, though, manufacturers have to be sure ht9ier product targets this age via labeling, sizes, appetite appeal, style, etc. as applicable. Most ad dictates for anything except pure local retail come form a corporate marketing level, not local. |
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On 18 Aug 2003 14:22:40 GMT, "David Eduardo"
wrote: Stop there. Adevertisers determine where ad money will be spent. When station reps or sellers call, if they do not offer the target deemo, they are wasting their time. Very, very few advertisers use radio to reach 55+ consumers, whatever their income level. The main reason is a belief, backed by tons of research, that older consumers are more set in buying patterns and thus require much more advertising (repetiton) to be convinced to change. In most cases, the increase in frequency is not worth the eventual sale. So 90+ percent of ad campaigns are not targeted at 55+. Maybe you're right, maybe not. I wouldn't know, since I'm only 54. But I watch the all-news cable channels instead of MTV, and most of the commercials I see are for things that are marketed to my generation. Same goes for the radio stations I listen to and the magazines I read -- I choose the ones that meet my tastes, and they are the ones advertisers use to reach me. I may be an Old Fart (and proud of it!), but that doesn't mean I don't still choose between McDonald's and Wendy's, or between Ford and GM, or between Coke and Pepsi. AAMOF, I recently switched from Coke Classic to Pepsi One. Needed a sugar-free alternative to the Coke I've preferred all my life, and never cared that much for Diet Coke's aftertaste. So I ignored brand loyalty and went with the product I liked better. I suppose that means I can still be swayed by advertising if I find the product itself suitable. Since these decisions are made by marketers at P&G and Ford and Budweiser, there is no way individeual stasitons or groups can possibly get through at that level... in fact, demographics were probably considered in procut design. I never said otherwise. But the radio stations I listen to generally carry advertising that's aimed at adults, often at middle-aged and older adults rather than young ones. Advertise anything you want on a CHR station, I'll never hear it. Advertise Clearasil or The Gap on an oldies or news-talk station, you're wasting money. Those who do target 55+ ususally use specialized magazines (AARP, for example) and special interest publications (like travel magazines, finance magazines, etc.) since they are efficient in reaching 55+ persons. Tell me, what ISN'T a special-interest magazine? I suppose Parade and USA Weekend qualify, but I don't know anyone who specifically subscribe to them ... they're just part of the Sunday newspaper, which the grownups subscribe to and the whole family reads. (The newspaper industry admits that newsstands account for only a small portion of total sales.) Life and Look magazines are long gone. Reader's Digest doesn't appeal to kids nearly as much as it does to Old Farts. TV Guide might qualify as a mass-appeal magazine, I suppose. People magazine may have started as a mass-appeal magazine, but these day's it's just a classier version of the gossip magazines and it appeals to much the same audience. I subscribe to a couple dozen different magazines, and I suppose every one of them qualifies as special-interest. That includes AARP Magazine, of course. But it also includes three motorcycle magazines I get, six computer magazines, two veterans' organization magazines and two financial magazines. Sorry, I quit reading Rolling Stone years ago and I never cared for Spin. (But I do pick up several guitar- and bass-oriented magazines on newsstands, since I'm thinking about buying a new instrument or two.) You are an exceptional person in this group. A significant portion of Americans reaching retirement age have savings under $100,000 (think it is 90% plus) and will live on $1200 in monthly SS payments. Incorrect. reread your own statement. Hardly anyone reaching retirement age is receiving Social Security payments; it's those who have actually reached the minimum age and who have also chosen to retire (or those who are old enough to continue working while simultaneously receiving SS) who receive Social Security benefits. (And a few people like me receive Social Security Disability Income benefits, but that's not the same as the retirement benefit.) Most retired persons have extensive credit card debt, since they use the card to finance emergencies, and then gto for years paying it down. Not the retirees I know. They pay off their cards every month, and have ever since they figured out how much of their debt was due to interest and other charges. Where you shop or how much you spend is not the issue. It is how much in dollars per person an advertiser would spend to get you to quit buying Metamucil at Wal-Mart and start getting it at Target. The conclusion by most is that changing life-long brand preference is more expensive to change than the profit on several years consumption of Metamucil, even if you use really heaping tablespoons full. And Metamucil itself is only a tiny part of the issue, since as I have pointed out I buy a lot of the same things that younger adults do. (Actually, in my case it's Fibercon these days; I switched from Metamucil a few years ago. I also switched from Kmart to Wal-Mart for most of my "mart" shopping, and most recently began shopping at Target also. Why Target? Because it's near several other stores where I shop -- Radio Shack, Office Max, CD Warehouse, Goody's (the clothing chain, not Sam Goody), Kroger supermarkets, and several restaurants of both the fast-foot and "regular" variety. (But now there's a new Starbucks across the street from the Wal-Mart Supercenter, so I still go in that direction quite a bit.) Perhaps when you're older you'll understand that a lot of advertisers do recognize the economic clout of the Baby Boom generation and target us through our "specialized" media. ___ Walter Luffman Medina, TN USA Amateur curmudgeon, equal-opportunity annoyer |
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"Walter Luffman" wrote in message ... On 18 Aug 2003 14:22:40 GMT, "David Eduardo" Very, very few advertisers use radio to reach 55+ consumers, whatever their income level. The main reason is a belief, backed by tons of research, that older consumers are more set in buying patterns and thus require much more advertising (repetiton) to be convinced to change. In most cases, the increase in frequency is not worth the eventual sale. So 90+ percent of ad campaigns are not targeted at 55+. Maybe you're right, maybe not. I wouldn't know, since I'm only 54. But I watch the all-news cable channels instead of MTV, and most of the commercials I see are for things that are marketed to my generation. Same goes for the radio stations I listen to and the magazines I read -- I choose the ones that meet my tastes, and they are the ones advertisers use to reach me. You are in the tail end of what in radio is called 'the sales demo.' When you look at the specifications that ad agencies put on their buys, you find that about 80% are for 25-54 or some part of this. The remainder is fror 12-24, 18-24 and a bit of 35-64 or 45-64. That ads reach you does not mean you were specifically targeted. It just means that the media you consume have efficiency in reaching the primary demo advertisers usually want. I may be an Old Fart (and proud of it!), but that doesn't mean I don't still choose between McDonald's and Wendy's, or between Ford and GM, or between Coke and Pepsi. AAMOF, I recently switched from Coke Classic to Pepsi One. Needed a sugar-free alternative to the Coke I've preferred all my life, and never cared that much for Diet Coke's aftertaste. So I ignored brand loyalty and went with the product I liked better. I suppose that means I can still be swayed by advertising if I find the product itself suitable. You are using principally anecdotal and personal cases. The studied behaviour of 55+ and 65+ consumers shows a poor ROI on ad investment except where the product has no past preferences, such as a product used only by older folks. Since these decisions are made by marketers at P&G and Ford and Budweiser, there is no way individeual stasitons or groups can possibly get through at that level... in fact, demographics were probably considered in procut design. I never said otherwise. But the radio stations I listen to generally carry advertising that's aimed at adults, often at middle-aged and older adults rather than young ones. Advertise anything you want on a CHR station, I'll never hear it. Advertise Clearasil or The Gap on an oldies or news-talk station, you're wasting money. Yet there are many exceptions. Many non-ethnic CHRs get excellent 25-34 female numbers. News stations deliver comeptitive 35-54, even if half the audience is older. Those who do target 55+ ususally use specialized magazines (AARP, for example) and special interest publications (like travel magazines, finance magazines, etc.) since they are efficient in reaching 55+ persons. Tell me, what ISN'T a special-interest magazine? The average medium US market has maybe 20 viable radio stations. The average magazine rack has hundreds of magazines. That degree of specialization can exist in a national magazine, which may pick up subscribers and readers in tiny quantities locally, but is "massive" nationaly. Radio sells nearly all its inventory locally, and can not be that specific. there is no "home remodeling radio station." You are an exceptional person in this group. A significant portion of Americans reaching retirement age have savings under $100,000 (think it is 90% plus) and will live on $1200 in monthly SS payments. Incorrect. reread your own statement. Hardly anyone reaching retirement age is receiving Social Security payments; it's those who have actually reached the minimum age and who have also chosen to retire (or those who are old enough to continue working while simultaneously receiving SS) who receive Social Security benefits. (And a few people like me receive Social Security Disability Income benefits, but that's not the same as the retirement benefit.) Most people define retirment age as the time SS kicks in... 62 or 65. while a few retire earlier, the general definition is probably some vague place between the late 50's and 60's. Most retired persons have extensive credit card debt, since they use the card to finance emergencies, and then gto for years paying it down. Not the retirees I know. They pay off their cards every month, and have ever since they figured out how much of their debt was due to interest and other charges. Anecdotes again. It may be online, but Smart Money had an article on retirement savings about 3 months ago. In it it showed the average savings of the retirement-age American. And the amount of debt, both revolving credit and mortgage debt. Most folks in their 60's have scant savings, considerable debt and not a lot of maneuvering room. Perhaps when you're older you'll understand that a lot of advertisers do recognize the economic clout of the Baby Boom generation and target us through our "specialized" media. You are making assumptions again. How old do I have to be? How old do you assume I am? |
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"Walter Luffman" wrote in message
... On 18 Aug 2003 14:22:40 GMT, "David Eduardo" Very, very few advertisers use radio to reach 55+ consumers, whatever their income level. The main reason is a belief, backed by tons of research, that older consumers are more set in buying patterns and thus require much more advertising (repetiton) to be convinced to change. In most cases, the increase in frequency is not worth the eventual sale. So 90+ percent of ad campaigns are not targeted at 55+. Maybe you're right, maybe not. I wouldn't know, since I'm only 54. But I watch the all-news cable channels instead of MTV, and most of the commercials I see are for things that are marketed to my generation. Same goes for the radio stations I listen to and the magazines I read -- I choose the ones that meet my tastes, and they are the ones advertisers use to reach me. You are in the tail end of what in radio is called 'the sales demo.' When you look at the specifications that ad agencies put on their buys, you find that about 80% are for 25-54 or some part of this. The remainder is fror 12-24, 18-24 and a bit of 35-64 or 45-64. That ads reach you does not mean you were specifically targeted. It just means that the media you consume have efficiency in reaching the primary demo advertisers usually want. I may be an Old Fart (and proud of it!), but that doesn't mean I don't still choose between McDonald's and Wendy's, or between Ford and GM, or between Coke and Pepsi. AAMOF, I recently switched from Coke Classic to Pepsi One. Needed a sugar-free alternative to the Coke I've preferred all my life, and never cared that much for Diet Coke's aftertaste. So I ignored brand loyalty and went with the product I liked better. I suppose that means I can still be swayed by advertising if I find the product itself suitable. You are using principally anecdotal and personal cases. The studied behaviour of 55+ and 65+ consumers shows a poor ROI on ad investment except where the product has no past preferences, such as a product used only by older folks. Since these decisions are made by marketers at P&G and Ford and Budweiser, there is no way individeual stasitons or groups can possibly get through at that level... in fact, demographics were probably considered in procut design. I never said otherwise. But the radio stations I listen to generally carry advertising that's aimed at adults, often at middle-aged and older adults rather than young ones. Advertise anything you want on a CHR station, I'll never hear it. Advertise Clearasil or The Gap on an oldies or news-talk station, you're wasting money. Yet there are many exceptions. Many non-ethnic CHRs get excellent 25-34 female numbers. News stations deliver comeptitive 35-54, even if half the audience is older. Those who do target 55+ ususally use specialized magazines (AARP, for example) and special interest publications (like travel magazines, finance magazines, etc.) since they are efficient in reaching 55+ persons. Tell me, what ISN'T a special-interest magazine? The average medium US market has maybe 20 viable radio stations. The average magazine rack has hundreds of magazines. That degree of specialization can exist in a national magazine, which may pick up subscribers and readers in tiny quantities locally, but is "massive" nationaly. Radio sells nearly all its inventory locally, and can not be that specific. there is no "home remodeling radio station." You are an exceptional person in this group. A significant portion of Americans reaching retirement age have savings under $100,000 (think it is 90% plus) and will live on $1200 in monthly SS payments. Incorrect. reread your own statement. Hardly anyone reaching retirement age is receiving Social Security payments; it's those who have actually reached the minimum age and who have also chosen to retire (or those who are old enough to continue working while simultaneously receiving SS) who receive Social Security benefits. (And a few people like me receive Social Security Disability Income benefits, but that's not the same as the retirement benefit.) Most people define retirment age as the time SS kicks in... 62 or 65. while a few retire earlier, the general definition is probably some vague place between the late 50's and 60's. Most retired persons have extensive credit card debt, since they use the card to finance emergencies, and then gto for years paying it down. Not the retirees I know. They pay off their cards every month, and have ever since they figured out how much of their debt was due to interest and other charges. Anecdotes again. It may be online, but Smart Money had an article on retirement savings about 3 months ago. In it it showed the average savings of the retirement-age American. And the amount of debt, both revolving credit and mortgage debt. Most folks in their 60's have scant savings, considerable debt and not a lot of maneuvering room. Perhaps when you're older you'll understand that a lot of advertisers do recognize the economic clout of the Baby Boom generation and target us through our "specialized" media. You are making assumptions again. How old do I have to be? How old do you assume I am? |
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This is very interesting. I might ask my station rep from Clear Channel
who's big in my area. She's easier to talk to than the rep from the "dollar a holler" CHR station in the bottom of the TV studio. I don't think we can assume there is a homogeneous 25-54 age set. We can cleave it in half at age 35 or 40. But don't sell oldies short; they are still in demand. I wish that these morons at the stations would find out that it isn't microcasting any more than it was buying listeners with contests a la the Eighties. What Rush Limbaugh says (and I agree) is that we need more fun media personalities. Music is great but the older end of the 25-54 demographic wants someone fun. I am biased in this arena as I collect airchecks and operate an aircheck station at live365.com. But darnit it's true; some of us want something besides a wireless MP3 jukebox (which is what radio's become). And people are getting burned out on slender playlists too. Another problem is a lack of decent new music coming out. We are trying to get the baby boomers' kids to listen and they unfortunately like the rap crap and commercialized alternative nonsense. Thus we are ignoring older people also likely to spend money. I am 37 btw. Let's return to good old Top 40 (or if not, CHR) radio and its wonderful disk jockeys. That may be a hidden secret not many want to exploit. Thanks Ken Macon, GA -- ------------------------------------------------------------------------- FIGHT BACK AGAINST SPAM! Download Spam Inspector, the Award Winning Anti-Spam Filter http://mail.giantcompany.com "David Eduardo" wrote in message ... "Walter Luffman" wrote in message ... On 18 Aug 2003 14:22:40 GMT, "David Eduardo" Very, very few advertisers use radio to reach 55+ consumers, whatever their income level. The main reason is a belief, backed by tons of research, that older consumers are more set in buying patterns and thus require much more advertising (repetiton) to be convinced to change. In most cases, the increase in frequency is not worth the eventual sale. So 90+ percent of ad campaigns are not targeted at 55+. Maybe you're right, maybe not. I wouldn't know, since I'm only 54. But I watch the all-news cable channels instead of MTV, and most of the commercials I see are for things that are marketed to my generation. Same goes for the radio stations I listen to and the magazines I read -- I choose the ones that meet my tastes, and they are the ones advertisers use to reach me. You are in the tail end of what in radio is called 'the sales demo.' When you look at the specifications that ad agencies put on their buys, you find that about 80% are for 25-54 or some part of this. The remainder is fror 12-24, 18-24 and a bit of 35-64 or 45-64. That ads reach you does not mean you were specifically targeted. It just means that the media you consume have efficiency in reaching the primary demo advertisers usually want. I may be an Old Fart (and proud of it!), but that doesn't mean I don't still choose between McDonald's and Wendy's, or between Ford and GM, or between Coke and Pepsi. AAMOF, I recently switched from Coke Classic to Pepsi One. Needed a sugar-free alternative to the Coke I've preferred all my life, and never cared that much for Diet Coke's aftertaste. So I ignored brand loyalty and went with the product I liked better. I suppose that means I can still be swayed by advertising if I find the product itself suitable. You are using principally anecdotal and personal cases. The studied behaviour of 55+ and 65+ consumers shows a poor ROI on ad investment except where the product has no past preferences, such as a product used only by older folks. Since these decisions are made by marketers at P&G and Ford and Budweiser, there is no way individeual stasitons or groups can possibly get through at that level... in fact, demographics were probably considered in procut design. I never said otherwise. But the radio stations I listen to generally carry advertising that's aimed at adults, often at middle-aged and older adults rather than young ones. Advertise anything you want on a CHR station, I'll never hear it. Advertise Clearasil or The Gap on an oldies or news-talk station, you're wasting money. Yet there are many exceptions. Many non-ethnic CHRs get excellent 25-34 female numbers. News stations deliver comeptitive 35-54, even if half the audience is older. Those who do target 55+ ususally use specialized magazines (AARP, for example) and special interest publications (like travel magazines, finance magazines, etc.) since they are efficient in reaching 55+ persons. Tell me, what ISN'T a special-interest magazine? The average medium US market has maybe 20 viable radio stations. The average magazine rack has hundreds of magazines. That degree of specialization can exist in a national magazine, which may pick up subscribers and readers in tiny quantities locally, but is "massive" nationaly. Radio sells nearly all its inventory locally, and can not be that specific. there is no "home remodeling radio station." You are an exceptional person in this group. A significant portion of Americans reaching retirement age have savings under $100,000 (think it is 90% plus) and will live on $1200 in monthly SS payments. Incorrect. reread your own statement. Hardly anyone reaching retirement age is receiving Social Security payments; it's those who have actually reached the minimum age and who have also chosen to retire (or those who are old enough to continue working while simultaneously receiving SS) who receive Social Security benefits. (And a few people like me receive Social Security Disability Income benefits, but that's not the same as the retirement benefit.) Most people define retirment age as the time SS kicks in... 62 or 65. while a few retire earlier, the general definition is probably some vague place between the late 50's and 60's. Most retired persons have extensive credit card debt, since they use the card to finance emergencies, and then gto for years paying it down. Not the retirees I know. They pay off their cards every month, and have ever since they figured out how much of their debt was due to interest and other charges. Anecdotes again. It may be online, but Smart Money had an article on retirement savings about 3 months ago. In it it showed the average savings of the retirement-age American. And the amount of debt, both revolving credit and mortgage debt. Most folks in their 60's have scant savings, considerable debt and not a lot of maneuvering room. Perhaps when you're older you'll understand that a lot of advertisers do recognize the economic clout of the Baby Boom generation and target us through our "specialized" media. You are making assumptions again. How old do I have to be? How old do you assume I am? |
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