That huge group of people in the United States born between 1946 and 1964 have been dubbed the “Baby Boomers.” Is this a major target for advertising professionals? Yes, and for so many reasons. Think of just one statistic: baby boomers alone will double the size of Medicare coverage in 10 years (2011-2021). As we all know, this is driving politicians crazy, because they just can’t grasp the magnitude of the issue while attempting to do their most important job, getting re-elected.
What does all of this have to do with you, the advertising guru? It is new business! This group of baby boomers is much more mobile than previous generations, and they have money to spend. They may also have a real underlying incentive to move; they have been taking care of kids and grandkids and now they want to find their “happy place,” that next stage in their life.
At this juncture these baby boomers are moving from their old home to a new one – maybe with fewer stairs and less square footage to upkeep, less outside maintenance – and perhaps a new location in the south or southwest for warmer weather. OK, some of us move to be closer to the grandchildren, because they need us, right?
No matter what the reason for the move or how you perceive it, this migration is a growing opportunity to an astute advertiser. It is new people and new money moving to your part of the country, and they will need new services. That’s where you come in! You introduce them to the services that you represent. You brand or re-brand those services for a living, and this is your big chance for the next 20 years of opportunity. Another thing to consider regarding baby boomers is that they carry with them a lot of predictable media habits. Sure, some will change…but they accept a certain type of media into their lives each day, sources they’ve come to like and trust. They want their news a little bit more on the conservative side, and they like prime time programming like NCIS, 20/20, Grey’s Anatomy, and a lot of prime time professional sports. Their news is often preferred early in the day rather than late at night, and movie choices could be all over the map.
In a nutshell, baby boomers are a big market, on the move with a lot of money and some predictable media habits that are affordable for advertisers. All you have to do is put together an ongoing advertising campaign to reach them! Now get started!
