March 20, 2013 § 1 Comment
The idea of “lean in” is not a new one. Lean in means to press forward like leaning in to the wind so you won’t be blown over – or leaning in because you are more than interested, involved – all in. In the past few weeks, you need to have been in a cloistered retreat to miss all the hoopla over Facebook COO Sheryl Sandberg’s new book “Lean In: Women, Work, and the Will to Lead.” Sheryl Sandberg is an amazing woman who tells an engaging story about the workplace today and women’s own responsibility in moving up in business.
But marketers need to “lean in” as well. Marketers need to recognize the power and influence of the women in the consumer arena and to greet that knowledge with more intuitive marketing that allows today’s women to see themselves in marketing. Marketers need to be “all in” on the importance of women as consumers.
Here are just a few facts that support marketers “leaning in” on the subject of women and their purchasing behavior.
1. One-third of Women are Single and Independent. This is a growing group of women who think being independent is their most important life goal. They have more disposable income than other women. They are well educated, growing in management and happy to be single.
2. Breadwinner wives are the highest wage earners in 40% of marriages. From 2007 to 2011, women’s contribution to household income grew from 44% to 47%. Male dominated jobs suffered the most in the past recession and women were more stable in their jobs. Women now compose half of the workforce and are moving up the ladder.
3. Women don’t think marketers understand them. Women make 85% of all consumer purchases and yet, 91% of women don’t think marketeres understand them. Women want authenticity, transparency, honesty and accurate portrayal. Families are not longer nuclear, and women don’t measure success by how clean their laundry is. It’s no surprise that only 3% of advertising agency creative directors are women.
4. Marketers need to embrace women’s tools – social media and smartphones. The newest figures out on social media usage from Pew show that the percentage of female internet users exceeds that of men (75% vs. 63%, respectively). A new study by Weber Shanadwick provides richer insight on this social usage. Here are some facts you can’t ignore -
- 86% have a social media account/profile with 2.2 accounts on average
- 81% Facebook is by far the most prevalent social media account
- Women spend an average of 12 hours per week using social media (nearly 2 hours/day)
- 19% say some of their best friends they know only through Facebook or Twitter
And why is this important? Well, social women are social and have influence with friends. They tell friends about products and services at a higher rate, they like or recommend services online, and they post comments and write reviews about products and services online. And they post pictures or images online.
Oh, and smartphones are the most important tools in women’s handbags. 50.9% of smartphone users are women and we are using smartphones to stay in touch with our families and friends, interact on social media, and shop, shop, SHOP!! If women can’t easily find you on their mobile phone or if you are not competitive, she will move on to another source. Moms are on their phones six hours daily and readily admit that their smartphones are more important than sex!
5. Women buy based on emotion and facts. Okay, everyone does. But marketers don’t seem to understand that in many arenas. In purchasing decisions, 83 percent are willing to spend more on a product or service if they feel a personal connection to the company. One fifth of respondents said they would pay 50 percent or more if they felt the company put the customer first. And yes, we have crushes on companies. Who are those companies? Think about your own list. Mine includes Apple (oh, yes even if Samsung is making competitive products), Amazon (I smile when I see a box), Nordstrom’s (even my husband knows this is my brand), and Costco (a Saturday shopping pleasure).
So what’s a marketer to do? Portray women accurately, don’t talk down to us, appeal to our emotional side, allow us to discover things about your brand, surprise us once in awhile, lavish us with great information and advice and like any good marriage – communicate, communicate, communicate.
February 5, 2012 § 5 Comments
There is not a lot of healthcare specific research about women and their healthcare opinions. That’s unfortunate since 80-90% of all healthcare decisions are made or influenced by women. Also some 2/3 of women feel that they are misunderstood by healthcare marketers. And two out of three healthcare dollars are spend by women. I thought it would be helpful to compile some great facts that can help guide marketers who realize the importance of marketing healthcare to women.
1. Majority of decisions are made by women. Here’s an overview from a 2010 article in Time magazine: ”Women make the primary health care decisions in two-thirds of American households. They account for 80 cents out of every dollar spent in drugstores and are likelier than men to choose the family’s health insurance. Even when both parents work, wives shoulder 75% of domestic responsibilities, including making the kids’ doctor appointments and getting them there on time. “Women are the main brokers of health care in the United States,” says Dr. William Norcross, a family physician and faculty member at the University of California, San Diego, School of Medicine. “This has long been the case and is probably true elsewhere in the world too.”
2. Healthcare is generational. Caregivers may be moms, daughters, wives or sisters. There is some thought that because women stay more connected to health providers because of childbearing, they stay more in tune with the importance of the regular checkups and take the responsibility for their family. For marketers, it is important to recognize the role of caregivers by speaking to them. Currently some 75% of baby boomers are involved in raising their grandchildren. And Millennial Moms are counting on their moms for help in making decisions.
3. Emotion in advertising reigns over rational thinking. We all know that most of typically buy with emotion and rationalize the purchase with facts. But in healthcare, there is so much that we can’t know. Recently I conducted focus groups with hospital users. The truth is that the only thing that hospital patients can actually measure is care, concern, responsiveness, respect, and outcome. They want to see authenticity in advertising – true stories, people like themselves.
4. Using the color pink is not marketing to women. So many times, the solution for making an ad targeted to women is to use women in the photography, use pink in some scripty logo and resort to cliche phrases. No doubt that Susan G. Komen has taken the color pink to a new level and now owns the color pink. When you can get NFL players to wear pink cleats and get the White House to light up pink, you are on to something. But as the past few days have shown, a brand represents more than just a color. For marketers, pink is not a strategy, it’s a stereotype. There is a study that actually says that when we use the color pink connected to cancer, women know it is dedicated to them and subconsciously go into denial. The point here is that wrapping your product in pink and bling does not mean marketing success. Women want to be able to see themselves or their need expressed in the advertising.
5. Families are not nuclear anymore. Today, 41% of all births today are to unwed mothers. We are finding that today’s family is not the typical two parents and two children anymore. More women are the head of household. A 2010 Pew Research survey found that 52% of Millennials say being a good parent is “one of the most important things” in life. Just 30% say the same about having a successful marriage — meaning there is a 22-percentage-point gap in the way Millennials value parenthood over marriage. If you are marketing healthcare to women, don’t rely on traditional family photos, and don’t forget the importance of diversity.
6. Smartphones rule. If you haven’t noticed, smartphones now comprise one out of every three phones. And with this easy access, 16.9 million access health information through mobile devices. Some 17% used their phones look up health or medical news. That number marks a 125 percent growth rate over the same three month period in the previous year. The research firm comScore found that about 3 in 5 or 60 percent of the mobile health information seekers were under the age of 35.
7. Social media is Word of Mouth! A recent study from Lucid Marketing and HeardItFromAMom.com confirmed how women share health information. The report finds that technology that connects friends is a top choice for moms seeking health-related information. The research shows that 84 percent of Moms often share health related information via email and 69 percent often share via Facebook. Email and Facebook are also the places where they most often hear recent news – email (83 percent) and Facebook (76 percent). And here is the most important stat – 63% of Moms believe word-of-mouth received from other moms and 56% are likely to pass it along.
8. Peer to peer recommendations have more weight than national awards. Yes, awards can be important but given a choice between Healthgrades and your best friend, women will choose the best friend’s advice. In fact, they may prefer any peer recommendation more. Holly Buchanan, coauthor of The Soccer Mom Myth – Today’s Female Consumer: Who She Really Is, Why She Really Buys, notes that women tend to have a “longer checklist” of important factors when shopping, which explains why Web sites with a healthy selection of reviews fare better among women shoppers. “The copy in the review is talking about things further down the checklist that the actual product review does not cover,” Buchanan points out. A preference for peer-to-peer recommendations on products and purchasing goes beyond the company Web site for many women consumers. A BlogHer study also determined that 35 percent of women trust a product review from a blogger more than a user-generated review on a company Web site. Falling shortly behind was a status update from a friend via social media. According to Quandcast, about 23 million American women are weekly readers of or contributors to blogs, while 16.8 million maintain a consistent presence on message boards and forums.
9. All research starts online. Women go online first to gather information. In every healthcare study I conduct, I find out the number of women online researching is growing. We don’t seem to buy anything without gathering information first. So for marketers, that means that your brand presence and the content you provide is crucial. And they compare your website with the all-star sites like Mayo Clinic, WebMD and Cleveland Clinic. Keeping your website up-to-date and informative is crucial. Also having a presence on social media is important. And having a regular flow of publicity is crucial.
10. Digital advertising is very important because women are online. Digital advertising is still not included on many healthcare campaigns. I know, it’s incredible, isn’t it? When your target is online 24/7, you have to have a presence in search engines and in online advertising. Women are actually more engaged online than men are. And those digital ads should lead you to important information, videos, instruction and more valuable content.