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Media and Boomers

University of Maryland 9Feb2006

"The Media and Baby Boomers: Joined at the Hip"

Professor Douglas Gomery

"Gomery says the boomers will continue to drive the media into the next two decades." He says "...there is no historical model for the impact the boomers will have through 2020 or so."

While the article mentions TV, the phrase "...no historical model" would, IMO, apply, also, to radio. He uses the term "the media" not just TV.
 
Boomers

Today's whole Oldies challenge isn't with "the media", sadly- we all understand the numbers of boomer and their buying power and influence.

Problem is, most ad buyers do not. And, I somewhat hesitate to say this, but it is my belief that the age and likes of some of these ad agency types contributes to this. In a perfect world, any ad buyer/agency professional has one goal: what is best for my client (business), period. I'd almost be willing to put money on my theory that because many tend to be young (under 30-35) and knowing many radio sellers tend to be younger today (many, many under 30 and, on top of that, the new trend of younger GMs and GSMs), very much influences how they think and which way the tend to lean their client. I would LOVE to do a confidential survey of ad buyers' and sellers' attitude toward 45+ formats; my suspicion is we'd get a great majority in the "yeah, I know that music was popular at one time, but geez my PARENTS listened to that stuff and don't these people live off Social Security, aren't they totally locked into their product preferences and well, heck, aren't most of them ready to DIE? And, well, y'know, it's just not cool and sexy, that sixties music- now hip hop-- THERE'S where I can be cool, look hip and be part of the culture. But that "old" Elvis music? No, thanks. Why put any time and energy into an audience that's past it's prime and about to kick?".

How blind can you be?



> "The Media and Baby Boomers: Joined at the Hip"
>
> Professor Douglas Gomery
>
> "Gomery says the boomers will continue to drive the media
> into the next two decades." He says "...there is no
> historical model for the impact the boomers will have
> through 2020 or so."
>
> While the article mentions TV, the phrase "...no historical
> model" would, IMO, apply, also, to radio. He uses the term
> "the media" not just TV.
>
 
Re: Boomers

> Today's whole Oldies challenge isn't with "the media",
> sadly- we all understand the numbers of boomer and their
> buying power and influence.
>
> Problem is, most ad buyers do not.

Add to that the fact that not all of us are stuck in 1967 either. Oldies or classic rock are nice to hear once in a while, but I wouldn't want a steady diet of either one. I suspect I'm not the only 50 year old who doesn't wish to live in the past.
 
Boomers

Yes, and I think that is a major misconception of the boomers- they assumed when the Oldies stations started disappearing there would be this huge revolt among 50+ listeners (except for the fact many of them listened to News/Talk, Country, AC, and a bunch of other formats).

Enough 50+ listeners to support an Oldies station in most markets? I'd bet yes. Enough ad dollars to keep them viable? Perhaps not.

>
> Add to that the fact that not all of us are stuck in 1967
> either. Oldies or classic rock are nice to hear once in a
> while, but I wouldn't want a steady diet of either one. I
> suspect I'm not the only 50 year old who doesn't wish to
> live in the past.
>
 
Re: Boomers

> Today's whole Oldies challenge isn't with "the media",
> sadly- we all understand the numbers of boomer and their
> buying power and influence.
>
> Problem is, most ad buyers do not. And, I somewhat hesitate
> to say this, but it is my belief that the age and likes of
> some of these ad agency types contributes to this. In a
> perfect world, any ad buyer/agency professional has one
> goal: what is best for my client (business), period.

At today's ad agencies, the buyers are TOLD what demographic to buy, not asked for suggestions as to which ones to target.

The real problem is that the people at the ad agencies' clients -- the advertisers themselves -- who make the decisions on what demographics to order ad buys for are likely guilty of the mindset you describe.<P ID="signature">______________


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