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THE BABY BOOMERS

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According to American Demographics. 77 Years Old GI Generation. 68-77 Depression Era ... Bob Dylan to Bruce Springsteen. FRANCE AND THE BABY BOOMERS ... – PowerPoint PPT presentation

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Title: THE BABY BOOMERS


1
THE BABY BOOMERS
  • Marketing France to the American Me Generation

2
AMERICAN GENERATIONS
  • According to American Demographics
  • 77 Years Old GI Generation
  • 68-77 Depression Era
  • 62-67 War Babies
  • 43-61 Baby Boomers BORN 1946 1964
  • 31-42 Generation X
  • 13-30 Generation Y
  • 0-13 Millennials

3
How are generations classified
  • According to the U.S. Census Bureau Baby Boomers
    were born between 1946 and 1964 when the number
    of births were substantially higher than before
    and after.
  • Is the 18 Year Span too wide to be a meaningful
    classification? Sociologist Jonathan Pontell
    thinks so.
  • Baby boomers (1942 1953/54-65) and Gen Jones
    (1954 1965/42-53)

4
Why does it Matter?
  • Marketers define generations
  • A group of people that share the same formative
    experiences
  • Demographers like to package things in ways that
    are easiest to measure
  • Date of birth is the easiest way to define
    generations
  • BUT!!! Birth dates must be considered in
    conjunction with income, geos, marital status and
    other demographic and psychographic information
    to be useful.

5
Why so much buzz about the Baby Boomers???
  • There are roughly 76 Million!
  • Size of a generation is the best indicator of
    what the economy will look like in the future
  • Changes must be made based on cohorts
  • Spending more than 2 trillion annually
  • 65 age group will double in the next 25 years

6
PSYCHOGRAPHICS
  • Baby Boomers experience crowds where ever they go
  • Early and late boomers share a child-centric time
    in their rearing (not the case form Gen X)
  • Individuality, emphasis on youth, self absorption
  • Belief in merit based achievement, respect for
    knowledge
  • Lack of respect for authority

7
PSYCHOGRAPHICS
  • With self-absorption need to be treated
    special
  • Baby Boomers 9 from Vietnam to personal
    computers Bob Dylan to Bruce Springsteen

8
FRANCE AND THE BABY BOOMERS
  •  
  • The average age of American tourist visiting
    France is 47 years old (the average for Europe is
    48).
  • One out of 4 American travelers to France has an
    annual income of 200,000  
  • 3.15 million Americans visited France in 2006 and
    our estimates are that 60 to 65 of our visitors
    are repeat travelers.
  • APPROXIMATELY 58 of Travelers to FRANCE are Baby
    Boomers

9
AARP CASE STUDY
  • 1990 ushers in a new reality
  • AARP re-brand
  • My Generation
  • AARP The Magazine

10
QUESTIONS
  • How do we best use demographic and psychographics
    to market and sell France to the Baby Boomers
  • What are the most important qualification
    variables?
  • How do we make the product experience match the
    marketed experience?
  • Discussion
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