Marketing to Generation X and Y
If you're trying to market to adults who were born between 1965
and 1994, then you need to understand the best method for
reaching generation X and generation Y.
Who is Generation X? Gen Xers were born between 1965 - 1976 and
make up about 17% of the U.S. population. As a whole, this group
is both independent and skeptical, existing in the shadow of
Baby Boomers. As this group moves into their 30s and 40s, Gen
Xers are establishing themselves as consumers who are starting
families and buying homes.
Who is Generation Y? Individuals born between 1977 - 1994 are
considered Gen Yers and make up about 25% of the U.S.
population. This group is generally idealistic, optimistic, and
patriotic. They consume media in extremely fragmented ways,
representing the next big wave in our demographic makeup.
Gen Xers and Gen Yers have a number of things in common. Both
groups grew up with recessions, single-parent households, cable
TV, the Internet and other personal technology. Consequently,
these groups consume media differently than earlier generations.
Communicating with them through traditional marketing channels
can be difficult. So, how can you reach these groups,
communicate your message, and get them to take action?
The answer is more traditional than you think. In combination
with online marketing, direct mail is one of the most powerful
ways to market to both Gen X and Y. According to a recent study
conducted by InnoMedia, NuStats, and Vertis, 87% of Gen Y and
86% of Gen X bring in the mail the day it's delivered. 73% of
Gen Y and 68% of Gen X retail direct mail readers have used
coupons received in the mail. Gen X and Y consumers rate 75% of
the mail they receive as valuable.
To reach Gen X and Y with direct mail, there are number of basic
marketing practices you should keep in mind. Before discussing
these tips, keep in mind that your direct mail efforts can be
supplemented with online marketing in the form of targeted site
advertising, key word buys, or perhaps giving consumers a reason
to visit you online via email (contests, sweepstakes, discounts,
etc.).
Direct Mail is most effective when you understand your audience,
time your campaign appropriately, provide a compelling offer,
and develop a relevant message.