How would you advertise to the "grey market", the over 55's?
We all know how advertisers target the teens, men, woman and couples, but have you ever thought about how they target the older market. What would they need to do to buy customer loyalty.
I think this is one of the most difficult and most lucrative markets if it is approached correctly. The grey market want quality products, not necessarily trendy items. Think security issues, health issues, and secure financing.
Looking at the television adverts in the middle of the day can give you a lot of clues. These are targeted to the grey market, the unemployed or new mothers.
Normally it is narrated by someone who is well known and respected. This is to instill a sense of "if he is endorsing the product, it must be good."
@ Blond Logic, thanks for your advice, this is really helpful to me for a project I have to do.
You surely find studies about media usage in demographic terms, where you find which kind of media is used by your target group. It depends also on what you want to sell.
What kind of exposure do you need? Do you sell locally, regionally or nationwide? Do you need to advertise or is it better to reach out directly, e.g. building a chain of value added resellers in your target group? Is advertising better than promotion?
Find some data about website audience to check out, which pages are used by your customers. Call for media data from the newspapers.
There is so much sources you can get information to assamble and optimize your marketing strategy before deciding to advertise!
by Muhammad Mashhood Qasmi 10 years ago
Hey don`t force people to read..just focus on writing!!! & if you got experience then share in this forums.Rest millions people are here to search quality blog & take information!!!!!
by watergeek 5 years ago
Hi all - For the 2nd time I have been approached by a potential advertiser wanting to place an ad on one of my hubs. I know I can't accept that, but how SHALL I handle it? Do we have a procedure?
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