When we make assumptions about large swaths of the population based on labels, many times we’re just plain wrong. For marketers, this can mean missing the target altogether – or alienating it.
Maybe you’ve heard that Baby Boomers are the generation with the strongest work ethic, missing the fewest workdays, putting in the longest hours and taking only rare vacations? You may think that Millennials are fun-loving and combine work with play, seamlessly integrating an afternoon surfing with client conference calls. Millennials are natural technology wizards, are constantly online, addicted to gadgets and apps of all types because they are “digital natives”, right? These assumptions about different generations were just beginning to flood the internet and board room conversations in 2010, the same year I began a doctoral program at Drexel University with the intention of building a career as a “millennial expert”.
I believed what everyone had always told me: that generational differences were real, and that they were a productive way to help parse and segment the population. Since I thought this could be the basis for a highly effective management strategy, I wanted to do real research to learn more. What I found when conducting the literature review, however, was that most experts were really stretching the facts.
There were so many contradictions in the so-called research, and so many assumptions made based on small sample sizes. The language of generational stereotyping is still everywhere, but the plain truth is that most of the industry (an industry that is raking in tons of cash in consulting and book sales) is based on anecdotal information. The data just doesn’t support the generational stereotypes when you start to dig deep. Of course, generational stereotyping has been a useful tool for addressing major trends in consumerism.
According to the Pew Research Center, 85 percent of millennials own a smartphone. Combined with the notion that “millennials are digital natives,” for marketers this has meant optimizing their millennial targeting strategies for smartphones and tablets, placing their content online in visible locations and making the messages visually appealing and easily shared with others. The idea is to meet millennials where they are (online) and engage them with a product and encourage their participation in conversations, surveys, and contests. Ideally, they will be completely engaged when they post their own stories, pictures, or videos. But segmenting the population into categories such as “Baby Boomers” or “Gen X‑ers” is by no means a marketing panacea – it has its own set of dangers and drawbacks. The backlash to Whole Foods’ recent announcement of a new store chain designed specifically for millennials is one example of how to alienate your target audience.
Moreover, with technology the game is changing rapidly as market fragmentation becomes more refined. It’s now possible to target according to specific, individual tastes and preferences. In this era when consumers are accustomed to receiving ads and other marketing information tailored to their individual needs, the risk of alienation is even greater. So how can marketers look past this knotted mess of misinformation and start growing better-targeted marketing strategies?
1. Accept That Generations Are Too Broad
Generations are often too broad of a group to be effective targets. A better approach is to look at individuals rather than generations. Leveraging technology and data to segment by characteristics that cross generational lines, such as education, income, hobbies, job interests, and vacation plans. You’re much more likely to get the audience you want based on their experiences and preferences than on their age.
2. Check Yourself For Unfounded Biases
The language around generational stereotyping is so strong that myths about the different generations can often feel like facts. It’s important to step back and remember that labeling generations is not founded on sound science, and critically risks alienating many potential customers. Whatever the context, using generational stereotypes is divisive. It perpetuates a potentially harmful “us” vs. “them” mentality that can distance consumers from your brand. Check your messaging to make sure it isn’t unnecessarily exclusive.
3. Think Of Technology As The Great Equalizer
Just as generational-driven marketing strategies are becoming obsolete, the power of technology is growing in relevance. The market fragmentation made possible by online tools and social media sites such as Facebook and Twitter bring to the table valuable data about consumers’ needs as individuals, helping to eliminate misleading biases. These technologies will help you understand how other groups or generations can benefit from your offerings. Use them.