When marketers are asked how they keep Boomers engaged, those who don’t ignore them usually admit they take them for granted.
If you are one of these marketers, you should get ready to be dumped.
Recent research from global PR/communications firm Ketchum reminds us that consumers 50+ (and especially women) are suddenly ready for change in all aspects of their lives. And that does mean all aspects. As Ketchum neatly summarizes: “For spouses who haven't been pulling their weight, friends who are high on drama, and brands that are just force-of-habit, it could mean getting left behind.”
Change Means Change
I’ve written here before about targeting consumers at the moments when their lives change most, and Ketchum confirms that somewhere around age 50, women feel their lives changing more than ever before. Says Karen Strauss, Ketchum’s chief strategy and creative officer, many “women coming out of their 40s, the so-called ‘rush hour’ decade ... have a breakthrough moment around age 50.”
When we go through most big life changes (going to college, getting married, having children) we change lots of things about our lives, from friends to shopping patterns to brands. Yet marketers (like old friends and spouses) have too often thought that the breakthrough changes around 50 would not be accompanied by other big changes in the lives of midlife consumers.
It’s time for them to think again.
Ketchum’s “ReMovement” Study confirms that midlife represents a time to shed the old and try the new:
This is consistent with what I’ve seen in our work. The physical and psychological changes of midlife lead women to look for new consumer relationships of all kinds, from moisturizers to blue jeans to cars. At the same time they are asking how to remake their personal connections too: how to dump a toxic peer, how to find friends who share their current interests, and whether to remain in longstanding but loveless marriages.
Change Can Make Us Happy
Readiness for change does not mean that a Boomer is dissatisfied or lonely. Ketchum’s research also confirms that consumers at age 50 may be happier than ever. Respondents said that each passing decade after 50 is better than the one before — even if their lives are quieter: 92% are satisfied with the time they spend alone.
No longer dependent on relationships or brands that don’t meet their needs, these consumers are looking for partners who will join and support them in the next stage of life. Ketchum itself takes this risk — and opportunity — seriously enough that it has launched its own Ketchum 50+ division.
Based on its research, here’s what Ketchum advises:
Are you following this advice for the Boomers your brand depends on?
Or are you assuming she doesn’t have the guts to break up?
You might be surprised.