|
|
|
|
Marketing & Sales to Baby Boomer & Older Consumers -The Major Mistake Concerning Communication Is The Illusion That It Has Occured--By James J. Gilmartin Why We Are Different as We AgeAlthough all of us have basic values and motivators that drive us, we manifest them differently as we move through the spring, summer, fall and winter of life. Selling to boomers and older consumers is different primarily because of this shift in values. Our need for identity, relationships, centering, gaining knowledge and growth, rejuvenation and recreation are always with us, but as we grow older, we focus more on having meaningful experiences, rather than gaining material goods. Understand How They Think!As important as it is to understand what boomers and older consumers think, it's even more important
to understand how they think. When selling to these markets, focusing on product features and benefits often
results in a losing strategy, especially early on in the process. Research has shown that consumers' final decisions
are not the direct product of the reasoning process; in fact, emotions drive boomers and older consumers in their
purchase decisions. The reasoning process will confirm their decision, but it doesn't start there. Avoid Being "Myth-Interpreted"There are a lot of false stereotypes and myths about aging. The most destructive myth to business is that we
become more alike as we age. If we believe it, we are prone to act it out in our communications and sales approaches.
We create a "senior" market that doesn't exist and we target the "average" senior who also
doesn't exist. Anecdotes Work WellWhen communicating with these markets storytelling works well, since today's consumer universe is more age-weighted toward mid-life values and there is a definite resistance to neutral information. Whoever tells the best story wins! Go with the grain of the brain and integrate your data into an emotional matrix to satisfy the customer's need and gauge the potential emotional and experiential quality of the relationship before talking about the product's benefits and features. Also, understand that the best way to transmit objective and emotionally neutral information is to piggyback and sandwich it between emotionally enriched information. Honesty Is the Best PolicyDon't overstress a sense of urgency when selling to baby boomer and older consumers. If you say, "Buy it
today, you won't get the discount," the consumer most likely will know he or she can go elsewhere. They have
plenty of choices and options, they don't need you; you need them. Begin a sales presentation by developing a relationship.
Understand you're in an emotionally charged environment and take the time to really listen to the customer. Be
vulnerable, honest and open about who you really are. The more honest you are, the better your chances are of developing
a good solid bond in the relationship. Show empathy and reduce your reliance on sales charts and other tools, and
take more time to understand the customer's needs and wants.
|
|
|
|
|
|
Back to Archive CURRENT NEWS: ALL
HEADLINES
To report broken links or other problems with
this site please contact:
© The Timeshare Beat |