Chapter 14: Age Subcultures Flashcards
(28 cards)
Age Cohort
People of similar ages who have simlar experiences. They share manny common memories about cultural heroes, important historical events, and so on.
The Interbellum Generation
Those who are born at the beginning of the 20th century.
The Silent Generation
Describes those who were born between the two World Wars.
The War Baby Generation
Born during World War II
The Baby Boom Generation
Those born between 1946 - 1964.
Generation X
Born between 1965 and 1985
Generation Y
Born between 1986 and 2002.
Generation Z
Born after 2003
Nostalgia Scale
A scale researchers use to measure the impact of nostalgia on individual consumers of similar age groups.
The Youth Market
Often represents rebellion. $100 Billion in spending power.
“Teenage”
First used to describe the youth generation in the 1950’s
Four basic conflicts common among all teens
Autonomy vs. Belonging
Rebellion vs. Conformity
Idealism vs. Pragmatism
Narcissism vs. Intimacy
Echo Boomers
“Millennials” or Gen Y-ers. First to grow up with computers in their homes and a TV’s with lots of channels. Multitaskers, Digital natives.Value being footloose and connected.
Rules of Engagement for Modern Teens
#1: Don't talk down. #2: Don't try to be what you're not. #3: Entertain them. Make it interactive and keep the sell short. #4: Show that you know what they're going through but keep it light.
Tweens
Chidlren 8-14 years old. Spend $14 billion on clothes, CDs, movies (feel-good products). Exhibit characteristics of both children and adolescents.
College Markets
Very attractive because “Many students have extra cash/free time” and underdeveloped brand loyalty.
College students are hard to reach via conventional media
Online advertising is very effective.
Sampler boxes.
Wall media
Spring break beach promotions
Coolhunters
Kids in major markets who roam urban streets and report back on cutting-edge trends.
Teens as “consumers-in-training”
Brand loyalty develops during adolescence; Teen influence of family purchase decisions
Baby Busters
“Generation X”
Consumers born between 1966 and 76
Desire stable families, save portion of income, and view home as expression of individuality.
Baby Boomers
Born between 1946 and 1965. Active and physically fit.
Currently in peak earning years.
Food, apparel, and retirement programs.
“Midlife crisis” products.
The Gray Market
Traditionally neglected by marketers.
People are now living longer/healthier lives.
Older adults control more than 50% of discretionary income.
“Zoomers”
Active, older, interested in life, enthusiastic consumers with buying power.
Fastest growing group of of Internet users.
Perceived Age
How old a person feels as opposed to his or her chronological age. “Feel-age” and “Look-Age”