Why Would Brands Ignore These Women?

Why Do Brands Ignore Baby Boomer Women?
The other night I got together with several of my friends for an evening of girltalk. One friend is a mom and business owner who recently bought a new car. Another is an empty-nester who just purchased a refrigerator and dryer. A third is a recently-divorced healthcare industry executive who just bought health insurance for herself and her daughter. And finally there’s me: the CEO of a marketing company who last month purchased new office equipment and a widescreen TV. All of these purchases were made by Boomer women, without input from a spouse or significant other.
Because I’m a Boomer woman and specialize in the marketing-to-women space, I’m particularly conscious of how I’m treated by brands. And while I am of a certain age, I’m certainly not ready to be stored in the attic. And neither are my friends. Yet, as Boomer women we’re continually marginalized by brand managers (primarily male) who don’t think any women of value exist over the age of 39.
What they must realize is that those inconsequential 45+ women are the ones that have the most money to spend on everything from vacations, to new homes, and from cars to cosmetics. Some interesting statistics on the purchasing power of Boomer women:
- Boomer women buy 65 percent of new cars, and 53 percent of used cars
- Boomer women spend more than $55 billion per year on consumer electronics
- Boomer women control a net worth of $19 trillion and own more than 3/4 of this country’s financial wealth
- Disposable incomes are highest for women aged 45-54
- Boomer women are at the peak of their careers, and statistically are the least impacted by the recession
In addition, this group of women will experience the largest population growth over the next 10 years, and the largest transference of wealth from inheritances left by parents and husbands. Yet rarely if ever does one see a marketer’s target audience that extends beyond the age of 49 unless it’s for the senior market. Why?
Marketers Cannot Continue to Ignore Boomer Women
Marketers and the media need to finally realize that the women most ignored are the ones who can do the most good in an economy that continues to struggle. The time of patronizing ads and ignorance is long gone.
Does your brand ignore the largest and fastest-growing spending segment of women? Or are you one of those women that are being ignored?






My son used to love nothing better than to hang with me. He was always a cuddler who loved to sit with me for hours watching “Toy Story.” But lately, mom time seems to occur when nothing better is on the horizon.
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