Marketing professionals today spend a lot of time thinking about how to market to America’s biggest demographic: Millennials. Why? Because, as noted in this resource from the
University of Southern California’s Online Master of Applied Psychology Program, there are nearly 88 million of them compared to not quite 84 million Generation Xers and not even 70 million Baby
Boomers. This focus is also necessary because those 87.5 million Millennials typically interface with brands on more than one device.
Shopify’s Nick Winkler reported that 60%
of multi-device users reported using two to three devices. With numbers like this, it’s no wonder that cross-device marketing has reached such a high level of importance. Yet, should it? Are
marketers missing their targets and doing a disservice to those targets at the same time? What about to their clients?
Wrong Cohort
Most products and
services are marketed as wants rather than needs. They are for discretionary income, and marketers think that they should market to Millennials to spend huge chunks of discretionary income. They have
multiple devices; why not lots of income to burn? Yet as Albert Luk wrote for
Engage:Boomers, Baby Boomers are the ones spending more.
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Consumers over the age of 50 have more discretionary income to spend and do so online and on their mobile phones.
Luk points out, however, that advertisers spent 500 percent more to market to Millennials, targeting the wrong cohort.
Dumbing Down
Just as cross-device
marketing is impelling us as marketers to target the wrong demographic, is it not compelling us to be dumber? Writer and marketer Maria Lally wrote in The Telegraph in 2015 that, because of her
multi-device use, she was unable to spend more than three minutes on one task before bouncing to the next.
Is it safe to assume, then, that the more devices a consumer has, the
dumber he or she might be? Not necessarily. It does depend on the devices. Smartphones, the number one platform for social engagement of any kind, is the device that seems to be contributing to
lowering test scores among students and shortening attention spans. These youngsters are the target demographic. If they can’t spend more than a minute or two on one platform before flipping to
another, what happens?
Lack of Engagement
What happens is clients’ products and services aren’t being engaged with by their target
demographics. Clients today want to engage long-term with their customers, yet marketers are gearing their messages to multiple platforms. To do so, that means one cookie cutter message that can be
scaled up or down to fit the platform.
Customer engagement marketing, the most effective means of creating long-term loyalty, means crafting personalized messages for customers and
prospects. This goes against the very grain of cross-device marketing. Online customers want personalization in this world of the impersonal digital marketplace. Marketers can give it to them by
ditching a cross-device strategy.