PSY322: Marketing Research And Promotional Message

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Marketing Research and Promotional Message Niclos Mathis PSY322- Consumer Psychology and Research Jeremy Pope, Professor University of Phoenix July 22, 2013 Marketing Research and Promotional Message In today’s society consumers are an important factor being that there is a variety of individuals spending. This is because people have to spend in order to live and provide for their families. No one is exempt from this. Those people spending include teenagers, Baby Boomers, females, males, minorities and so on. Using the information available to me, I have decided to conduct research on a particular consumer group, identify the needs, perceptions, and attitudes of that group, and explain how the information obtained…show more content…
This means that they (Baby Boomers) are the largest buying group in America being that they are the generation with the greatest buying power in our country’s history ("Baby boomers are," 2013). Surprisingly, though, this valuable generation is targeted by less 5 percent of advertising. If communicated and promoted effectively, marketers could greatly benefit by tapping into the Baby Boomer’s generation and looking outside of the traditional 18-34 year-old so-called “sweet spot.” However, a company needs to provide their product or service at a respectable price, provide it whenever needed and back their product with exceptional service in order to appeal to the huge Baby Boomer market ("Baby boomers are," 2013). Furthermore, marketers have to find ways to appeal to this huge market. They can so by appealing to Boomer’s desire to think, act, feel and even look young. Because many Baby Boomers are empty-nesters and some even grandparents, they have more discretionary money to spend on themselves because they can simply afford the luxuries of like. Also, it is anticipated that since many of the individuals of this generation are empty-nesters, they will spend an enormous amount of money on goods and services on the children in their lives ("Baby boomers are,"…show more content…
Taking everything into account, effectively marketing to the Baby Boomer generation by appealing to their wants and needs will bring companies customers for life. Boomers have high expectations, especially when it comes to comfort, safety and healthcare. These things are what matter to them most due to the fact that this generation is indeed aging. Coming up advertisement to relay such messages is crucial to attracting and retaining this “golden” generation. References Baby boomers are still the largest consumer group in america -------- even in a recession. (2013, April 03). Retrieved from

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