Marketing to children through their parents has long been a standard practice in advertising. Conventional wisdom has been that ends around a child’s 18th birthday. Well, conventional wisdom is being flipped on its ear.
According to Lindsay Schutte, Dir. Generational Strategy Program, Frank N. Magid Associates, parents are among the most influential people in the lives of Millennials, even when they’re well into their 20s and 30s. This is a relationship that can be leveraged by marketers. Schutte has found:
What this means for marketers is:
It’s not shocking to learn moms have the most influence on their children and their buying habits. But Look out. Dads are catching up.
Almost one-third of men are now the principal shoppers in the household. Men’s share of retail shopping trips increased across all outlets from 2008-2009, while women’s share declined in all outlets. Retail channels with the greatest relative importance to men include convenience/gas outlets, warehouse clubs, and grocery stores. Men have increased their “average dollar basket size” in grocery by 56% over the past five years. Men’s share of dollars in the grocery channel has increased from 30% to 38% in five years (a 27% gain versus a decline of 11% for women).
Dads don’t like to browse and shop when it comes to family-oriented products. They identify their product targets, zero in on them, complete their purchases and leave. They gravitate to center store and expect items to be logically placed near similar items. They are likely to have done Internet research on any significant purchase prior to heading to the store, to minimize shopping time.
So at the end of the day what’s it all mean? Children have been conditioned from the start to rely on their parents for shopping advice and influence. And that influence is going strong well into adulthood.
Tami Freeman is the Media Director of The Radio Agency. Please follow The Radio Agency’s Blog “Sounding Board” by subscribing to the email or RSS links above.Visit our website TheRadioAgency.com