The Generations Who are our customers? 1. Training overview 2. Guide for person taking the session 3. Handouts 1. Overview This session is about looking at our customers and categorising them into generations. These generations have typical responses and behaviours mainly due to their experiences in childhood based on the global conditions at the time. By categorising our customers into generations we can better predict What they demand out of their shopping experiences What qualities impress and add value to each generation What parts of our offering they buy into and what they don’t. And lots more besides 2. Guide for the person taking the session Keep it short – the brain will only concentrate for 45 minutes. Keep it interactive – everyone gets more out of the session Preparation- as a session is short and there’s lots to cover, give out handouts or background reading. Intro – Tell them what you are going to tell them Tell them Summary – Tell them what you told them Introduction Is anyone familiar with the terms Silent Generation, Baby Boomers, Generation X, Generation Y, Generation Z? By the end of the session we will have covered each of these terms and talked through how they affect our business. How relevant are they and how much weight we should give them. And can we use this information to our benefit? Tell them Use the handouts below either on the night, or as preparatory reading Visual aids are also useful – Examples of products, A4 images etc. Other excellent sources of info – Wikipedia, google images etc Pens and highlighters are a good idea Have a discussion ask them their view, fill in the table. Spilt them into groups/pairs, one to each do a section. Then bring them back together. Summary – Tell them what you told them Repetition is key, get them to tell you the key points. Any follow up investigating to be done? Where to find this information again? 3. Handouts The Lost Generation, Primarily known as the Generation of 1914 in Europe,[9] is a term originating with Gertrude Stein to describe those who fought in World War I. The Greatest Generation, Also known as the G.I. Generation, is the generation that includes the veterans who fought in World War II. They were born from around 1901 to 1924, coming of age during the Great Depression. The Silent Generation Born 1925 to 1945, is the generation that includes those who were too young to join the service during World War II. Many had fathers who served in World War I. Generally recognized as the children of the Great Depression, this event during their formative years had a profound impact on them. James Brown Patrick J. Buchanan Ray Charles Noam Chomsky James Dean Michael Dukakis Clint Eastwood Marvin Gaye Hugh Hefner Jimi Hendrix Jesse Jackson Quincy Jones Robert F. Kennedy B.B. King Martin Luther King, Jr. John McCain Marilyn Monroe Joe Paterno Ron Paul Elvis Presley Little Richard Gloria Steinem Tina Turner The Baby Boom Generation The generation that was born following World War II, about 1946 up to approximately 1964, a time that was marked by an increase in birth rates. By the sheer force of its numbers, the boomers were a demographic bulge which remodeled society as it passed through it. In general, baby boomers are associated with a rejection or redefinition of traditional values; however, many commentators have disputed the extent of that rejection, noting the widespread continuity of values with older and younger generations. In Europe and North America boomers are widely associated with privilege, as many grew up in a time of affluence.[11] One of the features of Boomers was that they tended to think of themselves as a special generation, very different from those that had come before them. In the 1960s, as the relatively large numbers of young people became teenagers and young adults, they, and those around them, created a very specific rhetoric around their cohort, and the change they were bringing about. Notable Baby Boomers The boom generation has included, as of 2011, three Presidents of the United States: Bill Clinton, born 1946, 1993–2001 George W. Bush, born 1946, 2001–2009 Barack Obama, born 1961, 2009-Curren: Charles, Prince of Wales, b. 1948 Gordon Brown, former Prime Minister of the United Kingdom b. 1951 Vladimir Putin, President of Russia, b. 1952 Tony Blair, former Prime Minister of the United Kingdom b. 1953 Nicolas Sarkozy, President of France, b. 1955 Benazir Bhutto, former Pakistan Prime Minister, b. 1953 d. 2007 Mahmoud Ahmadinejad, President of Iran, b. 1956 Osama bin Laden, Saudi Arabian-born terrorist, b. 1957 In light of the generation gap and the poor state of the environment, Social Security, etc., Andrew Smith, in his novel Moondust, said that Baby Boomers have the unique distinction of "pissing off" both their parents' and their children's generations. Boom Generation has had many influential icons including: Arts/Entertainment Tim Allen, actor, comedian, b. 1953 Roseanne Barr, Actor, comedienne, b. 1952 Kathy Bates, actor, b. 1948 Wolf Blitzer, broadcaster, b. March 22, 1948 Kenneth Branagh, actor, director, b. December 10, 1960 Dan Brown, author, b. June 22, 1964 Lynda Carter, actor, b. 1951 Jeremy Clarkson, broadcaster, writer, b. April 11, 1960 George Clooney, actor, b. 1961 Ethan Coen, Film maker, b. September 21 1957 Joel Coen, Film maker, b. November 29, 1954 Ann Coulter, broadcaster, author, b. December 8, 1961 Tom Cruise, actor b. 1962 Daniel Day-Lewis, actor, b. 29 April 1957 Johnny Depp, actor, b. June 9, 1963 Bridget Fonda, actor, b. January 27, 1964 Michael J. Fox, actor b. 1961 James Gandolfini, actor, b. September 18, 1961 Ricky Gervais, comedian, b. 25 June 1961 Whoopi Goldberg, actor, comedienne b. 1955 Tom Hanks, actor, b. July 9, 1956 Bill Hicks, comedian, b. December 16, 1961 d. February 26, 1994 Diane Keaton, actor, b. January 5, 1946 Spike Lee, film maker, b. March 20, 1957 Jay Leno, comedian, current host of The Tonight Show, b. 1950 David Letterman, comedian, current host of The Late Show, b. 1947 Kyle MacLachlan, actor b. February 22, 1959 John Malkovich, actor, b. December 9, 1953 Conan O'Brien, comedian, current host of Late Night with Conan O'Brien, b. 1963 Gary Oldman, actor, b. March 21, 1958 Brad Pitt, actor, b. December 18, 1963 Christopher Reeve, actor, philanthropist, b. 1952 Keanu Reeves, actor, b. September 2, 1964 Jerry Seinfeld, comedian b. 1954 Kevin Spacey, actor, b. July 26, 1959 Sylvester Stallone, actor, b. 1946 Howard Stern, satellite radio disc jockey, b. 1954 Patrick Swayze, Actor b. 1952 Tilda Swinton, actor, b. November 5, 1960 John Travolta, actor, b. 1954 Twiggy, model (September 19, 1949) Denzel Washington, actor, b. 1954 Julie Walters,CBE.actor, b. 22 February 1950 Sigourney Weaver, actor, b. 1949 Bruce Willis, actor, b. 1955 Oprah Winfrey, Talk show host b. 1954 Music Marc Bolan, singer/songwriter, b. September 30, 1947 d. September 16, 1977 David Bowie, singer/songwriter, b. 1947 Kate Bush, singer/songwriter, b. 30 July 1958 Karen Carpenter,singer/songwriter b. March 2, 1950 d. February 4, 1983 Cher, singer/actress, b. 1946 Ian Curtis, lead singer with Joy Division, b July 15, 1956 d. May 18, 1980) Elizabeth Fraser, singer, b. August 29, 1963 David Gilmour, CBE, musician, born March 6, 1946 Michael Jackson, popular music icon, b. 1958 d. 2009 Billy Joel, singer, b. 1949 Elton John, singer/songwriter/musician, b. 1947 John Paul Jones, musician, b. January 3, 1946 Jon Bon Jovi, musician, b. 1962 Michael Hutchence, musician, b. January 22, 1960 d. November 22, 1997 Donovan Leitch, singer/songwriter, b. 1946 John Joseph Lydon, AKA Jonny Rotten, singer, b. 31 January 1956 Madonna, popular musician, b. August 16, 1958 John Graham Mellor, AKA Joe Strummer, musicain, b. August 21, 1952 d. December 22, 2002 Steven Patrick Morrissey, singer/songwriter, b. May 22, 1959 Stevie Nicks, musician (born May 26, 1948) Ozzy Osbourne, musician, b. 1948 Dolly Parton, singer, songwriter, b. January 19, 1946 Robert Plant, lead singer with Led Zeppelin, b. 1948 Prince, popular musician, b. 1958 Linda Ronstadt, musician, b July 15, 1946 David Lee Roth, musician, b. 1954 Michael Stipe, musician, b. January 4, 1960 Tracey Thorn, singer, b. September 26, 1962 Steven Tyler, musician, b. 1948 Eddie Vedder, musician, b. December 23, 1964 Tom Waits, musician, b. December 7, 1949 Business/Science/Technology Steven Ballmer, Microsoft CEO, b. March 24, 1956 Richard Branson, Entrepreneur (born July 18, 1950) Ronald Colle, radiochemist, b. February 18, 1946 William Henry Gates III, Microsoft Chairman, b. October 28, 1955 Steve Jobs, Apple, Inc. co founder, b. February 24, 1955 Maurice Saatchi, Baron Saatchi, advertising, b. June 21, 1946 Eric Schmidt, Google CEO, PARC researcher b. 1955 Steve Wozniak, Apple co founder, (born August 11, 1950) Sports George Best, association football, b.May 22, 1946 d. November 25, 2005 Björn Rune Borg, Tennis, b. June 6, 1956 Sir Ian Botham, OBE, cricketer, b. November 24, 1955 Kenny Dalglish, MBE, association footballer and manager, b. March 4, 1951 Gareth Edwards, CBE, rugby union, b. July 12, 1947 Nick Faldo, MBE, golfer, b. July 18, 1957 Michael Jeffrey Jordan, basketball, b. February 17, 1963 Frederick Carlton Lewis, athlete, b. July 1, 1961 Nigel Ernest James Mansell,OBE, racing driver, b. August 8, 1953 Sir Stephen Redgrave, CBE, rowing b. March 23, 1962 Daley Thompson, CBE, athlete, b. July 30, 1958 Generation X The generation generally defined as those born after the baby boom ended.[14] While there is no universally agreed upon time frame, [15] the term generally includes people born in the 1960s and 70s, ending in the late 1970s to early 80s, usually not later than 1982. Growing up in a historical span of relative geopolitical peace for the US, this generation saw the inception of the home computer, the rise of videogames, cable television and the Internet as a tool for social and commercial purposes. Other attributes identified with this demographic are peaks in U.S. urban decay, the AIDS epidemic, the War on Drugs, the Dot-com bubble, the New York City blackout of 1977, the Space Shuttle Challenger disaster, the Iran hostage crisis, the Iran-Contra Affair, Desert Storm, the rise and fall of disco, 1980s rock "hair bands" such as Motley Crue and Bon Jovi, new wave, techno and punk rock, gangsta rap, heavy metal, 1990s grunge/alternative rock bands such as Nirvana and Pearl Jam, and the hip hop culture. Along with early members of Generation Y, Generation Xers are sometimes referred to as the MTV Generation. Compared with previous generations, Generation X represents a more heterogeneous generation, exhibiting great variety. They are diverse in such aspects as race, class, religion, ethnicity, and sexual orientation.[15] Often the children of divorced parents,, change is more the rule for the people of Generation X than the exception. Unlike their parents who challenged leaders with an intent to replace them, Generation X tend to ignore leaders. Generation Y, Known as the Millennial Generation (or Millennials),[16][20] Generation Next,[21] Net Generation,[22] Echo Boomers,[23] describes the next generation. As there are no precise dates for when the Millennial generation starts and ends, commentators have used birth dates ranging somewhere from the mid-1970s[24] to the early 2000s. The Millennial Generation (or Gen Y), like other generations, has been shaped by the events, leaders, developments and trends of its time.[60] The rise of instant communication technologies made possible through use of the internet, such as email, texting, and IM and new media used through websites like YouTube and social networking sites like Facebook, MySpace, and Twitter, may explain the Millennials' reputation for being somewhat peer-oriented due to easier facilitation of communication through technology. The Most Trusted 15 brands named by the trendsetters in the survey were: Apple Trader Joe's Jet Blue In-N-Out Burger Ben & Jerry's Whole Foods Adidas American Apparel Target H & M clothing stores Levi's Volkswagen Converse Vitamin Water Red Stripe Jamaican beer Discussion Who do we think the majority of our customers are? Who do we think our customers will be in 1, 5, 10 years time? Who should be our customers? Put these brands or services into which generation they appeal to. Silent Baby Generation Generation Generation Generation Boomers X Y Z % of visitors now Means of travel Where do they stay Who are their style icons TV programs Magazines They read Average price point they spend at your venue. Gift/Self What do they buy? i.e.Freshwater, Akoya, Crafted? What about our venue do they like What about our venue could be better for them? What brands do they use? Soap Cereal Phones Clothes As a sales lady who do you find easiest to sell to? How does this affect our sales technique? Which selling words appeal to each generation? Silent Baby boomers Gen X Gen Y What aspects of our services appeal to each generation? Silent Baby boomers Gen X Gen Y How to sell to Generation X With so much information at their fingertips because of the Internet, Gen-Xers enjoy carefully evaluating their choices and reaching purchasing decisions. Brand loyalty is secondary to the impressions they form during the purchasing process. How can any marketer hope to succeed with Gen-X without spending a fortune? 1. Forget Long Copy Ads Gen-Xers don’t want to waste their valuable time reading a lot of advertising. They want product details and (if they can believe it) a list of what a product or service can do for them. 2. Invest in Brands – Continuously Because Gen-Xers’ brand loyalty is so fleeting, strong brands won’t stay strong unless they’re constantly reinforced in such a way that Gen-X believes is both truthful and offers them something they want. 3. Sell Online Gen-X loves to buy online. They’ve made eBay what it is today and are willing to accept the risks that buying online entails. 4. What Worked for Baby Boomers Won’t Work for Them Just because it worked for the previous generation of 40-year olds don’t think it’s going to work for Gen-Xers hitting that milestone. Age has only made them more skeptical and distrustful of institutions. 5. They Don’t Talk to Strangers Gen-X was raised with ‘stranger danger’. They rely on their own judgement and distrust marketing attempts to convince them. Unless they know you they won’t even listen to you, let alone make a purchase from you. 6. They Manage Lots of Information They can juggle input from radio, TV, the Internet, PDAs, cellular phones and many other sources at the same time, largely by ignoring most of it. They sort through information quickly and don’t let techniques like repetition influence them nearly as much as previous generations. 7. They Appreciate Convenience Gen-Xers want their lives to be simpler, faster and smoother. When they want something, especially information, they want it immediately. If they want to do their banking they want to do it now, so online is their preferred banking method. Whatever they do, they do it in the way that’s most convenient for them. Gen-Xers do it their way and they do it by themselves. As they get older their independence and faith in their own abilities won’t change. Marketing to Gen-Xers is still possible, but only if you do it their way. They’ll value you for giving them information they can use and trust; they’ll reject you just as fast as they can if they find you’ve misrepresented anything. 5 things to know for selling to Baby Boomers: 1. 2. 3. 4. 5. If they are the decision makers (often the case) then you need to understand their ideal state. You are unlikely to talk them out of those ideals, but if you can convince them you will help them towards this ideal then you are on the right track. Boomers are often visionaries (or believe that they are) and if you can determine how to align yourself with their vision you will have a strong ally. They prefer face-to-face contact and can be overwhelmed when too much information is presented too quickly, especially if it is shallow and glosses over the deeper meaning. Boomers prefer to concentrate on a single topic and understand it fully before moving on, so being willing to take questions during a presentation or demo is critical for Boomers. Even if you end up on a tangent you may satisfy the prospect that you are willing to really understand their needs in depth. If they have a strong emotional reaction (for or against) to material they are willing to read and research in detail. This is good if they agree with your pitch, but a bummer if they don't. White Papers, technical manuals, analyst reports and other detailed information (especially from a well-known and trusted source) can be very effective with Baby Booomers. They are often more loyal to brands and individuals than younger generations. Although Baby Boomers broke down most of the institutions of their elders they were still raised to believe that organizations can be trusted, and in their elderhood they hope that this can happen once again. If Baby Boomers are the decision makers and you perform well after your first sales effort, you be well set up for subsequent sales. They are getting close to what will be their "final act" in the business world and many are concerned about leaving a legacy. Although many are more focused on just ensuring their retirement in these difficult economic times, some, especially the leaders of organizations, know that how they act now will be how they are remembered. If you can offer the opportunity for them to make a difference, to "Change the World", you may have strong allies. Some people believe these characteristics are really about age rather than generation. Although the character of generations shift as they age, they don't act like the cohort that came before (or after) them at the same age. For example, the GI Generation (born 1901-1924) acted nothing like the Baby Boomers when they were entering elderhood in the 1960's and 70's. They were not, for the most part, philosophers or deep thinkers and they were proud of the strong society they had created. Each generation has a unique character at each age and understanding that character can help you sell.