An Analysis Of The Boomer Women

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For years now, after realizing that there is scope in targeting the actual ‘moms’ of the world than the perfect model as the façade of the ordinary women, marketing groups have over abused this category of women with a typical image of a middle aged mom with a hatchback or station wagon driving her 2.5 kids to soccer games.

Although this paid them off in big numbers, they still missed out the bigger picture here. The richest and most profitable target market of the present and that of the foreseeable future is undoubtedly the Boomer Women. If you are wondering about the truth in this statement then perhaps the fact that this sector controls the major share of the country’s discretionary income and that it possesses most of the nation’s wealth, should be able to convince you that it is indeed the richest market.1

The Boomer Women turning 50 this year make up the youngest lot of the Boomer Women Generation. What marketers should realize is that within the next couple of decades or so there will be a sizeable increase in this group and consequentially a decline in the strength of women younger to them will be seen in this period – the women, mentioned above, who are the usual target of marketing campaigns recently.

Boomer Women – ‘Grandmotherly’ or Not!

The generation of women, who were born between 1946 and 1964 or the post WWII era, are commonly referred to as the ‘Boomer Women.’ In fact the whole generation of babies born in that period was known as the Boomer Generation. People returning from the war were facilitated to have a home and build up families and this consequently led to the Baby Boom.

Today these 40 million Boomer Women are in a position to significantly influence the present economy of the state. In fact...

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...ine in the spending of this group has been seen between the years 2001 and 2010.
The consumers belonging to 49 – 67 year old age group, however, increased by a whole lot of 16 million now reaching a new figure of 78 million. And their average annual spending is recorded around $2.3 trillion. These baby boomers have even outpaced the 18 to 39 year old individuals by 53%. According to a survey, by the year 2015, people who are aged 50 years or above will constitute almost half the population of the United States.
As stated in Marketing to Women: How to Understand, Reach and Increase Your Share of the World’s Largest Market Segment, by Marti Barletta, the American women make up the chunk of the money spenders and out of these it is the Boomer Women having the most money to spend. So what should be your natural target market in women – the Boomer Women…. Of course.

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