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Marketing To Generation X
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If you're trying to market to adults
who are now in their thirties, then you need to understand the best method
for reaching generation X. Learn how to effectively reach the Generation X
market.
by Michael Fleischner
Contributing
Author
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If you're trying to market to adults who are now in their thirties, then you
need to understand the best method for reaching generation X.
(article continued below ...)
Who is Generation X?
Gen Xers were born between 1965 - 1976 and make up
about 17% of the U.S. population. As a whole, this group is both independent
and skeptical, existing in the shadow of Baby Boomers. As this group moves
into their mid 30s and 40s, Gen Xers are establishing themselves as
consumers who are starting families and buying homes.
Gen Xers grew up with recessions, single-parent households, cable TV, the
Internet and other personal technology. Consequently, this group consumes
media differently than earlier generations. Communicating with them through
traditional marketing channels can be difficult. So, how can you reach these
groups, communicate your message, and get them to take action? The answer is
more traditional than you think. In combination with online marketing,
direct mail is one of the most powerful ways to market to Gen X. According
to a recent study conducted by InnoMedia, NuStats, and Vertis, 86% of Gen
Xers bring in the mail the day it's delivered. Furthermore, 68% of Gen X
retail direct mail readers have used coupons received in the mail. Gen X
consumers rate 75% of the mail they receive as valuable.
To reach Gen X with direct mail, there are number of basic marketing
practices you should keep in mind. Before discussing these tips, keep in
mind that your direct mail efforts can be supplemented with online marketing
in the form of targeted site advertising, key word buys, or perhaps giving
consumers a reason to visit you online via email (contests, sweepstakes,
discounts, etc.). Direct Mail is most effective when you understand your
audience, time your campaign appropriately, provide a compelling offer, and
develop a relevant message.
Audience
Knowing your audience is essential for the success of any direct
marketing campaign. Having information about Gen Xers in general terms is a
place to start, but you need to dig deeper and develop a fuller
understanding of the segment. You should know what motivates them, what
their greatest pains are, their latent needs, and what products or solutions
they currently use. Once you've gotten to know your audience, other
marketing criteria can fall into place.
Timing
Communicating your message at the right time can make all the
difference in your marketing results. For example, selling tax software
immediately after April 15th won't produce the results you're looking for.
Therefore, you need to have an understanding of your audience's timeline and
when they are in the market to buy your product or service. Be sure to reach
them with enough time to respond to your offer, but don't leave it open
ended.
Offer
Many consumers need a reason to buy, especially Gen Xers who are
normally skeptical. Your offer should provide some benefit to the buyer as
well as provide some level of comfort in moving forward with a purchase.
This can be in the form of a satisfaction guarantee or something similar.
One great technique is to place your offer on the outside of the envelope
that contains your marketing materials. This can help to differentiate your
mail and get your envelope opened by prospects.
Message
Your message needs to resonate with prospective buyers. Do you
understand their needs? Have you communicated benefits as well as features?
Are you solving a problem for them? Have you provided a simple, yet
compelling message? Many direct marketers talk about the "long" letter
versus the "short" letter. There are a number of studies that validate the
use of both long a short letters in a direct marketing pieces. As long as
your message resonates with buyers, it doesn't matter how long it is. Be
sure to test your messages on an ongoing basis.
If you're marketing to Generation X, use direct mail in your marketing
mix. Individuals in these groups respond to direct mail. Keep in mind
however, that a direct marketing piece should be supplemented with other
forms of marketing - Internet marketing, search engine optimization,
advertising, etc. Direct mail is your key to success with Generations X when
used as the main vehicle of your marketing campaign.
About the Author:
Michael Fleischner is the founder and President of MarketingScoop.com.
With more than 12 years of marketing experience, he has appeared on major
media including the TODAY Show, Bloomberg Radio, and more. Visit
http://www.marketingscoop.com
for more free marketing articles, information, and resources.
April 2006
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