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baby boomer & senior marketing The 50+ Marketing Agency Connecting With 50+ Customers
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Page 1: Connecting With 50+ Customers - Coming of Age … · In Summary, We’ve Learned . . . Channels For Targeting ... Baby Boomers Are Online More Than Ever… 22 Ipsos MediaCT 2013 Boomers/Seniors

baby boomer & senior

marketing

The 50+ Marketing Agency

Connecting With

50+ Customers

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www.comingofage.com

• About us

• Our Differentiators

• What We’ve Learned

• Channels For Targeting Baby Boomers

• What We Do

• Online & Traditional Services

• Selected Creative

• How We Do It

2

Overview

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www.comingofage.com

• Connecting clients with the 50+ market for 25 years

• Evolved into experts at connecting with Baby Boomers &

Seniors

• Collaborative approach

• Full-service agency:

• Strategy

• Creative

• Production

• Planning

• Buying

• Optimization

3

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www.comingofage.com

Online Media Partner

Coming of AgeStrategy/Creative/Offline

Leading knowledge of 50+ market

• Standout creative

• Reliable account management

• Top Marketing & Advertising Award

Winner 2015

Lever InteractiveOnline Media Partner

• Advanced campaign management

• Engine/Analytics Certified

A Merger of Two Great Companies

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Selected Multi-Industry Clients

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Team Experience

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Our Differentiators

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• More than 25 years expertise & experience in Boomer/Senior marketing

• Merged with Lever Interactive• Integrated marketing approach

• Effective digital & traditional campaigns

• Stand-out creative that connects & resonates

• Conversion-focused

• Reliable analytics & accountability

• Online & offline measurement & reporting

• Transparent account management

Differentiators

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www.comingofage.com

We practice Ageless Marketing

• A platform for connecting services with

consumers’ stage of life values & motivators• Platform linked to:

• Developmental psychology

• Communications processing by the brain

• Consumer behavior

• Attempts to position your product as a gateway to

meaningful customer experience

Differentiators

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What We’ve Learned

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We’ve Learned…

• Culture

• Marketing

• Sales

• PR/Media

• Operations/Service

• CustomerSatisfaction

• Product/Service Development

Impacts

• Hearing

• Taste

• Touch

• Smell

• Manual dexterity

• General mobility

• Vision

• Values

• Root Motivators

• Cognitive

processing

• Communications

Physiological

Changes Brought About by Aging Markets

Behavioral

Why Communications, Marketing & Sales Have Gotten Tougher

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No such thing as a pure “boomer” & “senior" customer market • 115 million consumers are not a single segment. Very diverse:

o Income

o Education

o Religion

o Politics

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We’ve Learned…

Image: Huffington Post

Boomers & Older Customers Are Not All The Same!

o Socio economic

o Geography

o Lifestyle

But, life stage does have an impact on how

customers’ common values & purchase motivators are manifested

• To connect – need to focus on “how” they think• Their behavior

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We’ve Learned…

*Motivating Underlying Values (Source: Ageless Marketing, David B. Wolfe)

MUV’s*• Identity• Relationships

• Purpose• Adaptation• Energy

1st Half of Life 2nd Half of Life

dependencematerialism

egocentrismnoveltyescape

vs.vs.vs.

vs.vs.

autonomyexperientialaltruismhabitengagement

Image: Huffington Post

To Focus On 2nd Half Purchase Motivators

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• Realistic, more practical − With age comes wisdom

− Novelty has less appeal

• Dependent on context– Behavior is harder to predict

• Detached, more individuated– Less subject to peer & other social influences,

yet more caring of relationships

• Resistant to persuasion

– Less influenced by hyperbole in advertising

13

We’ve Learned…

Behavior Is More:

The Rules for Understanding Older Customers

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Emotional, intuitive– “Gut feelings” often trump reasoning

Focused on peak experiences – Pleasure sought in little things

Introspective – More self-informed

Authentic – Less disposed to trying to impress others; fewer “airs”

14

We’ve Learned…

Source: David B. Wolfe

Behavior Is More:

The Rules for Understanding Older Customers

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If You Want to Connect Better -Understand How the Brain Works

It’s only in the last 10 to 15 years that 90% of the research on how the

brain works has been published

We’ve Learned…

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Visual

Auditory

Tactile

Olfactory

Gustatory

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We’ve Learned…

Other Data: innate behavior traits;

experiences

Preconscious

Mind

Relevance

Determined

Root Motivators

Brain

(image)

Integration

Need

Conscious

Mind

Executive

Decision

Execution/

Conclusion

Customer

Experience

How The Brain Processes Information

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We’ve Learned…

Lead With the Right

Main Source of Visceral Pleasures & Satisfaction

Main Source of Mental Comfort & Satisfaction

Follow With the Left

The Right Brain Rule for Connecting

Seeing

Hearing

Smelling

Tasting

Touching

Arouse Emotions With Appealing Imagery:

Give customers reasons to justify their emotions after charming the Right Brain which sends its first impressions to the Left Brain for:

Analyzing

Reasoning

Deciding

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We’ve Learned…

“Storytelling has become an important part of communications strategy; whoever tells the best story, & whoever tells it best, will win.”– Rolf Jensen

To Tell A Story

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“Less is typically more in the early

stages of communications”

Don’t put 10 lbs of copy into a 5 lb page!

We’ve Learned…

That Conditional Positioning Can Be More

Effective Than Absolute Positioning

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• The Holy Grail for customers is fulfilling experiences

• Successful companies position themselves as

“Gateways to Meaningful Experiences”• Brands must be positioned to reflect the experiences they deliver

• Adopting a customer-centric consciousness helps to

position the brand’s experiential possibilities • Entice their imaginations

• Let them self-select

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In Summary, We’ve Learned . . .

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Channels For Targeting

Baby Boomers

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Internet is the #1 source of information for Boomers

Baby Boomers Are Online More Than Ever…

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Ipsos MediaCT 2013 Boomers/Seniors Research Study

• Over half of Boomers watch online video

• YouTube reported as the preferred site - 82% of video

watchers using it

• Social networking sites are used by the

majority of Boomers/Matures daily

• More than half are following a group or organization on

a social platform

• Search is the top online information-

gathering resource for Boomers

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…Accessing Increasingly Diverse Content

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Ipsos MediaCT 2013 Boomers/Seniors Research Study

Boomers + access a variety of information online – news & weather are most popular.

Types of Information Accessed Online in Past Month

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... Loving Online Video

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Ipsos MediaCT 2013 Boomers/Seniors Research Study

54% of Boomers watch online video

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…Plugged Into Social Networking

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Ipsos MediaCT 2013 Boomers/Seniors Research Study

Americans 50+ are plugged into social

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… Heavy Users Of Search

26

Ipsos MediaCT 2013 Boomers/Seniors Research Study

82% of Boomers use a search engine to gather information on a topic of interest

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While aging audiences do embrace

online channels, this target still

responds to offline traditional materials

• Boomers are 15% more likely than the

average adult to read newspapers during

a typical week

• Direct mail is the preferred method of

direct marketing for this generation

• Boomers are avid radio listeners

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… But Are Multi-Channel Users

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…And The Channels with the Largest Influence on Boomers Are:

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Marketing Charts

0% 5% 10% 15% 20% 25% 30% 35%

Radio Ads

Magazine

Newspaper

TV

% Respondents May 2014

Boomers All Adults

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Our Online Services

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• Search Engine Marketing

o Advanced Campaign Management

• Search Engine Optimization

• Social Media Marketing

• Display Advertising

• Mobile Advertising

• Email Marketing

• Conversion Optimization

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Online Marketing

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Channel Consideration Set – Online

SEM

Internet is the #1 source of information for Boomers/Seniors

• 82% of Boomers/Seniors use a search engine to gather information on a topic of interest

Display

Advanced targeting/buying capabilities and vast inventory make this an important online medium.

• Cost-effective budget

• Caregivers over-index on Display

Social

Americans 50+ are plugged into Social

• 71% of Boomers report daily use of social networking sites

• 59% of Seniors report daily use of social networking sites

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Advanced Approach to Campaign

Management• Highly-targeted campaigns, ad groups, keywords

leveraging the portfolio approach to keyword management

• Leverage/build various technologies/tools to enhance campaign development, deployment, optimization & analysis

• Address full action path to help improve campaigns

• No silver bullets – the sum of smart optimizations lead to efficiency & growth

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Our Approach

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• Extensive Lead Generation Experience

• Proven Track Record of Scaling Campaigns Efficiently

• Integrated Approach

• Conversion-Focused

• Advanced Analytics

• Technically Savvy

• Transparent Account Management

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Our Paid Search Difference

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We’re Certified

• One of a handful of certified agencies

• Dedicated search engine teams

• Custom analytics configuration

• Custom reports

• Ad hoc reports

Search Engine / Analytics Certified

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Our Offline Services

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Presence in multiple channels increases response

• Engages audiences where & how they want to be engaged

• Amplifies & reinforces a message across different media

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… Boomers Are Multi-Channel Users

usnews.com

Offline materials often have room for longer

content

• Aging audiences have the time & desire to dig for more information

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Information Gathering from Multiple Sources

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Ipsos MediaCT 2013 Boomers/Seniors Research Study

Internet 83%

Friends/Family 77%

Television 65%

Newspaper/Magazine 52%

Brochures/Catalogues 36%

Top 5 Sources

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• Branding

• Print

• Direct Mail

• Radio

• Television

• Outdoor

• Telemarketing

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Offline Marketing Services

• Direct Marketing

• Word of Mouth

• Events

• Public Relations

• Video Production

• Collateral

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Channel Consideration Set - Offline

TV

TV has maintained consistency in time spent view among older adults over last 5 years, and it has a great capacity for targeted reach.

• 67% of 50-64 year olds watch 20+ hours of TV per week

• 78% of 65+ watches 20+ hours of TV per week

Radio

Radio’s advantage is a generally captive driving audience in which the use of sound aids in recognition and memory.

• 30% of Boomers listen to Adult Contemporary

• 28% News & Talk

• 25% Classic hits

Newspaper

Newspaper remains an importantinfluence on Boomers & Seniors as a familiar source of information with lag power.

• Of the 158MM adults who read the newspaper, 144MM still read the print version

• 78% of those who read a newspaper yesterday were age 50+

Direct Mail

DM strength is ability to contact specific demo, psycho & geographic segments. Its tangible nature implies reliability & provides valuable room for messaging.

• Over 30% Boomers report direct mail influenced them to purchase a product/ service during prior 6 mos.

• 41% of people age 50-64 & 56% of ages 65+ say they “look forward to checking what's in their mailbox each day”

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Media Mix Planning

Audience

Appropriate

Media

Vehicles

Campaign

Objectives &

Budget Reality

Ability to Meet

Critical to

Quality

Requirements

Recommended

Media Mix

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Critical to Quality - Media

• Rule of Seven

– Must have minimum levels of frequency to be remembered

• Ability to maximize reach within target

• Placement opportunities matching audience profiles

• Capability to support online and offline marketing

– SEM presence

– Customer service

– Inventory

• Effective call center experience

• Effective landing page experience

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Critical to Quality - Assets

• TV: Strong commercial that supports brand

– Portraying quality image and emotional message

• Radio: Identifiable auditory recognition

– Jingle, unique sound, celebrity voice

• Newspaper: Large image with stopping power

– 4/c, right-hand page placement

• Display: Contextual targeting and instant attraction

• Direct Mail: Targeted list and compelling offer

• Website: Clear path to conversion

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Selected Creative

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Foundation Partners Group

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Foundation Partners Group

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Foundation Partners needed a brand that would convey their unique offering in a contemporary way.

ShareLife is a new program in the funeral industry that allows for the celebration of a family member's life via a multi-sensory experience (video, music, scents). Coming of Age developed the logo and branding to symbolize the departure of the loved one and a celebration of their life.

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Foundation Partners Group - OnlineLanding Pages

Display

Web Design

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Foundation Partners Group – Print

Print

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Foundation Partners Group - Print

Print

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Foundation Partners Group – Video & OOH

Click image to open video in browser

Billboards

Video

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“Fantastic. We have broken new ground in the online cremation

space with a great new customer

experience.”

Brad RexPresident and CEO

Right Choice Cremation

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Right Choice Cremation - Online

DisplayWebsite

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Right Choice Cremation - Print

Sales brochure

Print

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Right Choice Cremation - Branding

Member Newsletter

Collateral

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Right Choice Cremation - Video

Video

Click image to open video in browser

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be.group - Print

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Print

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be.group - Video

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Click image to open video in browser

Video

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Wyndemere Senior Living

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Wyndemere Senior Living - Print

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Print

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Humana Guidance Centers

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Humana Guidance Centers – Print

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Print

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How We Do It

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• Understand - key insights/current situation

• Develop online & traditional plans:• Goals – broad statement of intent

• Objectives – what you do to achieve goals

• Strategies – how you do it

o Promise/reasons why

o Key targets

o Focus

o Tone/tactics

o Application of appropriate eMarketing technology

• Client approval

• Execute & monitor plan

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Campaign Development is a Collaborative Process

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www.comingofage.com 69

Our Planning Process

Audience

and

Positioning

Communication Evolve

Insight Solutions Measurement

Strengths

Weaknesses

Opportunities

Threats

Major business issues

Trends

Competition

Profitability

Current results

Budget

Testing

Refine strategies

Refine creative

Media adjustments

Online optimizations

Acquisition

Retention

Winback

Image

All locations

New markets

Acquisition cost

Retention cost

ROI

Lifetime value

Customer

feedback

Plan development

Target markets

Research

Brand essence

Segmentation

Tracking

Lifecycle

Seasonality

Creative

Message

Offer

Unique selling

proposition

Awareness

Online media selection

Offline media selection

Data Feedback

AnalysisRolloutSituation

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Benefits of Engaging

Coming of Age

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www.comingofage.com

1. We know where & how to reach a lucrative target audience

• Effective messaging; appropriate mix of channels

2. We know Boomers’ physical & emotional changes need to be

understood in order to effectively connect with them

• Understand marketing implications of physical limitations

3. We know Boomers seek information both online & offline in

specific mediums & within specific interest categories

• Traditional & digital integration improve results dramatically

Benefits of Engaging Coming of Age

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Thank You!

www.comingofage.com

For more information, please contact:

630-462-7100

Or visit:

www.comingofage.com/lets-talk/


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