December 16, 2014 § 1 Comment
There is a new study reported in The Chronicle of Philanthropy identifying a rising group of charitable donors. The study finds “Millennial and Generation X women who are single and unaffiliated with a religion give two-and-a-half times more money to charity than their older, similarly secular counterparts, according to the report, which looked exclusively at unmarried donors. Their giving also doubles that of peers who have loose ties to a religion.”
For many years, it has been reported that people of faith gave more than unchurched individuals, so this report indicates that intensity of faith may not be as strong an indicator of giving as previously thought.
It seems that young single women may be bucking the trend, but there may be other factors at play as well. Young single women may represent a growing group of highly educated, high income women who have decided to defer marriage. This group of Single Indies represent some 28 million women, or one out of three adult women, who spend around $1 trillion each year. They may have more disposable income and be predisposed to charitable interests.
The report also cites that one-third of Americans under 30 have no religious affiliation.
Clearly, for non-profits, this group of younger women represent an opportunity for both giving and volunteer activities. Marketing should recognize and speak to this power group.
December 16, 2014 § Leave a comment
Shopping local is more than a trend. It is growing for several reasons. Shopping local is good for business, good for the environment and good for our desire to find one-of-a-kind, meaningful products.
Good for Business
Local shopping is not insignificant. In a world of online shopping and big box retailers, the 23 million independent stores in America account for 54 percent of sales. These independent stores provide 55 percent of jobs, and 66 percent of all net new jobs since the 1970s.
One study says that local business generates 70% more local economic activity per square foot than big box retail. Keeping dollars in the local economy has been the rally cry for small business. My friend Linda Berry, owner of fine linen store Bella Linea in Nashville, Tennessee, recently shared some of the facts with her customers to reinforce the importance of keeping dollars in her community. She shared statistics showing that for every $100 spent at a locally owned store, $45 remains in the local economy, compared with about $13 per $100 spent at a big box and almost zero for online shopping.
A movement around Shopping Local has begun. American Express founded Small Business Saturday in 2010 to encourage consumers to visit small businesses in their community as part of the after Thanksgiving shopping. This year shopping local has grown double digits. A report from the National Federation of Independent Business (NFIB) and American Express – the Small Business Saturday Consumer Insights Survey – revealed that 88 million consumers “shopped small” this year, up 14.9 percent from just a year ago.
Good for Our Need for One-of-A-Kind Finds and One-of-A-Kind Experiences
Many retailers like Linda Berry also talk about the importance of meeting needs for today’s shoppers. Linda spends time traveling to find and create one-of-kind products that her customers can’t find anywhere else. Services like free designer consultation and free gift wrapping make small businesses like Bella Linea stand out among the mass marketers.
Trends like eating local and the Maker Movement also continue to provide unique goods and experiences that meet the desires of today’s consumer. The Maker Movement really captures the group of people creating individually made pieces for the home, small-batch food products, hand-knit, handmade and hand crafted items that can’t be mass produced.
Food has gone local with independent restaurants, local food purveyors, handmade food products and farmers markets proliferating. Beyond the food, food experiences have become custom as well. There are food tours, hands-on cooking lessons and small batch wine classes.
Good for the Environment
And, surprisingly, shopping local is also good for the environment. Shopping locally helps cut down on processing, packaging and transportation waste, leading to less pollution and less fuel consumption.
So, with just a few days of the shopping season left, visit a local store and make a difference in your community.
October 6, 2014 § 3 Comments
My daughter Katie often sends me pictures of her fabulous vintage finds like a folkloric skirt from the 50s or a cocktail dress from the 60s. She is one of many milliennials regularly frequenting shops that specialize in vintage, retro and thrift clothing.
One of the shops Shareen Vintage of Los Angeles describes their vintage wonderland as the creative center of a secret society of women who love to be at the cutting edge of fashion trends. In their store, clothing is divided by decades, starting in the 1920s through the 1990s, providing a living retrospect to fashion. Another store Re-mix Classic Vintage Footwear actually started out selling vintage shoes, but when demand outpaced their stock, they began having their own 20s – 50s vintage designs manufactured for women demanding more of the vintage looks.
Millennials have embraced Thrift Style, a fashion movement that incorporates several trends with their desire to be an individual. Research by Ypulse shows that 36% of Millennials find thrift shopping cool and 56% of Millennials say that thrift shopping is a great way to find cheap and unique clothes.
Six Key Trends Shaping Millennial Shopping
1. The end of conspicuous branding and the rise of personal style. Some 55% of people between 13 and 34 say they don’t follow trends. Millennials want to stand out and prize individualism over “fitting in.” With access to global stores like Abercrombie and Fitch are having problems enticing millennials because their fashions are seen as ubiquitous and too high priced for their taste. A big logo is no longer a coveted status symbol. Finding something completely original is the goal of trendsetters today. A thrift store find is both unique and rare. Even celebrities have contributed to the vintage culture by wearing vintage couture to big events like the Oscars and Grammys.
2. Saving money is cool. There is no surprise that 60% of millennials worldwide feel personally influenced by the economic crisis. So the ability to save money and find a personl look are added bonuses of thrift shopping. Shoppers pride themselves on smart finds at great prices. In fact, because of the durability of the items, they are actually seen as an investment in higher quality goods.
3. Sustainability. There is a decided movement against the “disposable culture” of throwaway plastic bags and planned obsolescence of electronics. Shoppers don’t really care if their retail purchases are over-wrapped or put into paper or plastic for transport. They are fine with foregoing some of the traditional trappings of the retail environment. Vintage items are often seen as being constructed better and made out of high quality fabrics. And the ability to recycle things of the past helps cutdown on their personal footprint in society.
4. Nostalgia for better times. In an unconscious way, milllennials are drawn to simpler times. Those who lived during the first Strawberry Shortcake period remember it with fondness and positive memories. For those who did not experience the 50s and 60s, the vintage look recalls a time of stability and lack of stress. Here in Nashville you can buy and experience a little slice of Grand Ole Opry history by just shopping at Katy’s Western Wear.
5. Personalization and DIY. Personal style means personalization. And, influenced by programming such as Project Runway, millennials turn to online sites such as Etsy and eBay for fun finds. These shoppers and designers can express their own creativity by reworking clothes with sewing, knitting, embellishing and dying their finds. Some 22% of Millennials say they often modify, cut up or embellish their clothing.
6. Purchases with a Purpose. Thrift stores are getting a millennial makeover to appeal to young shoppers who like to shop with a purpose. The idea that the YWCA can help women, Goodwill trains disadvantaged for retail jobs or ThriftSmart actually gives their proceeds to real charities is an appealing proposition to millennials who want to make a difference in the world around them.
Retailers and marketers alike need to understand the way Millennials shop and how best to appeal to their interests.
September 8, 2014 § Leave a comment
Naming Gen Edge
A Guest Post by Amy Lynch
Recently demographers and gen theorists documented a clear shift–new behaviors and attitudes that signaled the start of a new generation. Technology plays a role here. For people 19 and under, social media and multi-tasking on five screens at once are the norm. In fact, many of them were read “Goodnight iPad” rather than “Goodnight Moon” at bedtime.
Now the question: what to call this new group? Names abound–Homelanders, iGen, Gen Z–but the name that sticks seems to be Gen Edge. Here’s why.
Each generation is born into a time of stability and belonging, a time of idealism and awakening, or into a period of skepticism and instability. And then (drum roll) once every 100 years or so a generation is born into a world that sees on the edge of collapse. Economically, socially, politically and technologically, things are changing so quickly that the whole era feels unpredictable, risky, edgy.
Of necessity, a generation of kids who grow up on the constant edge of change become edgy themselves. Resourceful and resilient, they find their way through minefields of uncertainty and figure out new ways of making things work.
Parenting comes into the mix as well. Today’s kids are being raised by Gen X parents who have nurtured without coddling. Unlike Millennials, Gen Edge has not been overprotected. They’ve known about adult problems, like unemployment and bills to pay, from early on. So they navigate the work with savvy beyond their years. Realists to the core, they have an edge. Gen Edge just fits.
Amy Lynch is president of Generational Edge, helping companies move beyond generational awareness to generational strategies that increase innovation, engagement and sales. She has talked with groups as diverse as MTV, Boeing, Johnson and Johnson, and the Staff of the US Senate.
August 25, 2014 § Leave a comment
I hear target audience horror stories like Nine West all the time. Sometimes it is a media target issue, sometimes it is a relevance issue and sometimes it is a creative issue. Today targeting marketing to women has a whole new meaning. We need to know a lot more about a target than their sex, age, income and favorite brands. The creative, the brand and the media all have to be in sync.
Nine West Looking to Shock?
One of the most talked about campaigns in the women’s sector is the fall advertising campaign from shoe company Nine West. Customers of the brand found it offensive and said the brand did not know them well. The campaign targets women 25-49. Okay and what else? Evidently the campaign has centered on supposedly key occasions in women’s lives – Starter Husband Hunting, the anticipated Walk of Shame, and the First Day of Kindergarten complete with four-inch heels and the Drunch – a drunken lunch. Criticism has come from those saying this campaign is not new, but rather a throwback to the 50s when all women wanted was a wedding and a child.
The marketing team said that the brand had lost its luster and they sought to bring some new life to it. And maybe they did expect to encite and enrage a bit. They were clearly not going after mainstream women, but following those who see themselves like HBO series “Girls” and Amy Schumer, the provocative stand-up comic. Did they target them? Maybe. This advertising smacks of Miley Cyrus trying to be irreverent to get a new fan base. Or American Apparel trying to be provocative to make t-shirts sexy. But the real matter is how many of their base audience did they disenfranchise.
Consumer Backlash to Nine West Campaign
“Stupid campaign 9W. Love your shoes but don’t patronize your customers by an outdated ideal,” said one Facebook user. “Women are hunting success and goals, dreams and visions. Not husbands.” This is pretty true. Millennial women of today think man-hunting is a pretty outdated notion and they value their independence. The top priorities in her life are career success and love. Oh, and love does not necessarily mean marriage.
Jen Drexler, senior vice president at the Insight Strategy Group and co-author of “What She’s Not Telling You,” found the Nine West ads problematic.“ ‘Starter husband hunting’ and ‘walk of shame’ is not the sort of thing you say out loud even to your best friend, because those are things that men say about women, not that women say about women,” Ms. Drexler said. “If you really liked women, you’d be calling that a ‘victory lap,’ not a ‘walk of shame.’ ”
Jimmie John’s had a moment of lapse when they aired a spot in the Super Bowl that shows a man coming home to his wife who is doing the laundry. Whoa! Did they forget that 74% of women work and many of them are their customers? SodaStream took heat for their spot with Scarlett Johansson which broke several rules – mentioning Coke and Pepsi and objectifying a woman as a way to sell the soda maker.
Huggies had their miss when they showed Dads being inattentive to babies with full diapers because, hey, Huggies can handle anything. They certainly where in tune with the importance of shared responsibilities for children today, but they didn’t catch the nuance that Dads were portrayed as inattentive and non-caring. Stay-at-home dads were irate and created a petition “We’re Dads, Huggies, Not Dummies”.
An advertising friend called me this week and was telling me another story about targeting. Campaigns for a luxury car didn’t move the needle until they took into account the aspirational buyer. Their media tracking was able to notice this aspiring buyer. By offering a lease package for these aspirational buyers, sales accelerated nicely.
So what is the lesson here? Certainly brands must hit the right segment of their target audience and clearly they must trigger the emotion that the product or service has for the buyer.
1. Look at your target beyond demographics. What are the psychographics of the buyer? Why are the self-expressive benefits of your brand? How does the product make them feel? What are their values? Two moms can be vastly different. One can value organic food, yoga and do her own composting, while another can be a price/convenience shopper, with their mobile phone dialed to take-out and restaurants that take coupons. Find out their tangential interests – what do they pin to Pinterest, follow on Twitter or share on Facebook?
2. Talk to your consumers. Shocking thought. Today we can do that in a variety of ways. We can conduct online or in-person focus groups. We can turn to social media to see what they are saying and we can use social to have conversations to better understand how to be relevant to them. We often construct customer journeys to see how a brand fits into a consumers day and life. Recently some research we did on furniture purchase turned up an interesting fact about a huge national retailer. The consumers were not in love with the brand; it was just an easy alternative to working with a designer for the less important rooms in their home. Everything worked together and could be purchased and delivered quicker than designer fare.
3. Understand the problem your brand will solve for the consumer. I doubt Nine West had research that said they wanted special shoes for a “Walk of Shame”. Need states and occasions have long been part of marketing but truly understanding the underlying reason for the product is essential to creating relevant advertising. If you are advertising cars, some may be eco-friendly and interested in gas mileage while others are seeking safety for their family, or technology to suit their geekiness.
Oh, by the way, Nine West is sticking to their campaign. So let’s see how it works out for them and see what they do next year!
August 16, 2014 § 1 Comment
Football season is upon us and women are gearing up for the season. Yes, women are a real target and marketing to women has never been more important. Advertisers know who is buying all those wings and chips for the game. But the female factor goes beyond just supplying the game day food.
“Women are the custodians of most decisions made in the households,” said Mark Waller, the chief marketing officer of the N.F.L. Describing football as “the last great campfire,” which brings families together on Sundays as reliably as church, Waller said women were at the heart of the sport’s most sacred rituals.
The Facts – NFL
More women are regular season viewers of NFL football than NBA and Major League Baseball. Some 23-28% of women watch between 6 and 10 hours of football per week.
45% of NFL fans are women. And 55% of women watch football on television. Over the past decade, average viewership of prime-time NFL games has increased by 31 percent to 20.3 million, according to Nielsen. In 2013, every network that had broadcast games reported increased viewership. Most weeks, in fact, NFL games aren’t just the most-watched sporting events on television — they’re the most-watched thing on TV.
Nine out of 10 top viewed single programs in 2013 were live football events. The only one that wasn’t football was the Oscars. Football has become the only real time event that gathers the whole family in front of the television.
More women watch the Super Bowl than the Grammys or Oscars combined.
The NFL has focused on giving women more than men’s jerseys for the past few years and sales of women’s apparel have tripled over the past four years.
The Facts – The Advertising
Just like we have seen the influence of marketing to women in the Olympics and World Cup Soccer, the top rated commercials during the Super Bowl 2014 definitely appealed to women, Budweiser’s Puppy Love, Dorito’s Cowboy Kid, and Budweiser’s Hero’s Welcome.
The Facts – College Football
39% of college football fans are women. In college, more than 49 million fans turned out to watch a college game in the stands but more than 216 million tuned in to watch a game.
The Facts – At Home
Homegating is a real thing. Football is as much a tradition for Sundays than going to church? It is the one place where family and friends can group around a single event. And eat. Super Bowl Sunday is the second-largest food consumption day of the year, behind only Thanksgiving, according to U.S. Department of Agriculture.
According to Bud Light, female fans (45-percent) are 10-percent more likely than male fans to socialize during a game.
20% of Fantasy Football Fans are women.
The Facts – Influence
Last year, Barna found that Americans believe athletes have a greater influence than any faith leaders. And in a new 2014 study, more than four in 10 women (41%) strongly agree that sports are an important part of American culture.
More than Just Fans
Women are more likely to be fans for life. Women are more brand loyalists and it seems that football teams are really brands. But increasingly, women are becoming more than just fans or grown-up cheerleaders for football. They are playing in football leagues, coaching, sportscasting and taking on referee roles. Sarah Thomas is a name you will likely here this year as the first female referee in the NFL. She shattered the male dominated profession seven years ago at the collegiate level, officiating games for Conference USA. She was the first female official at the NCAA’s Division I level, and the first to work a college bowl game.
Marketing to Women
Marketing to women is often a delicate science of respecting their gender and not falling into some pink state of condescension. It’s not a world of “pink it and shrink it” anymore.
But the stakes are high for females. The male market is tapped out. Women represent the growing side of the football market. But female football fans are dealing with lots of contradictory issues. Health issues are huge for those moms of budding and current NFL players. Violence often makes headlines with players in the headlines for everything from domestic assault to murder. Women were particularly upset with the slap-on-the-wrist two-game suspension for Ravens Ray Rice who knocked his fiancé unconscious in a casino earlier this year, but he was ultimately handed an indefinite suspension.
And at the same time, we see the tremendous good that comes from the sports community service. Individual players have foundations that work with kids, support charities and volunteer in the community.
But all that pink? Once a year, the NFL sponsors a breast cancer awareness game where players wear pink shoes and gloves and a portion of the pink NFL merchandise sales goes to the American Cancer Society.
Can football continue to grow? It seems it will take a deep understanding of women and their role in the game – as mothers, as sports professionals, and as fans.