"new rules for marketing to mature consumers" - ibs 2014 presentation by todd harff and...

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for MARKETING to the 50+ Consumer FEBRUARY 6, 2014 | 10 – 11 AM Presenters: Todd Harff // Creating Results – Strategic Marketing Woodbridge, VA Barbara Kleger // Kleger Associates Philadelphia, PA

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Slides / deck from the IBS 2014 presentation by Todd Harff and Barbara Kleger, "New Rules for Marketing to Mature Consumers." Wi

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Page 1: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

for MARKETING to the 50+ Consumer

FEBRUARY 6, 2014 | 10 – 11 AM

Presenters:

Todd Harff // Creating Results – Strategic Marketing Woodbridge, VA

Barbara Kleger // Kleger Associates Philadelphia, PA

Page 2: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Barbara Kleger, MIRM, CAASH

President, Kleger Associates

35 years in the retirement housing industry

Specializing in consumer research and marketing of active adult communities and senior housing

2009 National 'Icon of the Industry' award presented by NAHB 50+ Housing Council

Page 3: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Todd Harff, CAASH

President, Creating Results - Strategic Marketing

25 years in housing industry and former Director of Sales and Marketing for Ryland Homes and Van Metre

Specializes in marketing to mature consumers: 107 active adult and senior communities

Motivated more than 15,000 people to move: $4.7 Billion in sales

Author of “Marketing to Active Adults”, “Social Silver Surfers” and “Photo Finish”

Page 4: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Introduction and Learning Outcomes

What are the old rules?What are the new rules?What are you going to hear today? A guide for the future.

Page 5: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rule #1“It’s So Much More Than NumbersIt’s Their PHD’s”

INSERT IMAGEWe have differentPlans, Hopes & Desires?

Page 6: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rule #2“Get Personal – Understand Their Emotions”

INSERT IMAGE

Page 7: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rule #3 “Unique Experiences”

ER1

Page 8: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Slide 7

ER1 Can you make the pic full screen and layer "rule 3 unique experiences" over it? Would be more effective. Like you did on slide 11.Erin Read, 1/9/2014

Page 9: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 10: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

“GO WHERE THE $ IS.”

Page 11: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

INSERT TOA DESIGN STUDIO IMAGES

Rule #4 ”The Home IS Part of the Lifestyle”

Page 12: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 13: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Build EXCITEMENTnot just HOMES

Page 14: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rule #5 “Be Visible to Your Prospects”

Page 15: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 16: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

What Media Has The Most Reach?

Page 17: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Media Reach Comparisons

Source: TVB Media Comparisons Study 2012. Knowledge Networks Inc.

Page 18: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Why Traditional Print and DM Works

TangibleFunConvenient Long-livedProvenTimeless – and ageless

Page 19: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

#1 Online Activity for People 50+?

Page 20: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 21: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

What Online Tools Are Prospects Using To Find You?

©Creating Results, LLC “Social Silver Surfers 2013

Page 22: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Visible Maybe, But Are You Appealing?

Page 23: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rule #6“Measure Twice - Cut Once”

Use Analytics to Improve ROI

Page 24: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Are You Measuring & Mining Analytics?

–Web – Email –Mobile – Social Media 

TrendsVideo

– Local Search–Online  Marketing

BONUS PPT at creatingresults.com/IBS2014

Page 25: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rule #7 “All Prospects Are Not the Same. Segment to Win the Game”

Page 26: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 27: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Segmentation: Best Practices Can you measure this segment?

Is it large enough to yield rewards? (Mrs. M is NOT a segment)

Can you reach members of this segment cost-effectively?

Is it useful in guiding your marketing mix?

Are you complying with EHO?

Page 28: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 29: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 30: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rule #8“Don’t Be Socially Awkward”

InfinityConcepts

Page 31: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

2010 RESEARCH

Page 32: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

What percentage of all respondents over 40 do you think want to engage with a brand on social networks like Facebook?

– Less than 20%– 20‐40%– 40‐60%– 60‐80%

Page 33: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Not Really28%

Page 34: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rule #9“Play Nicely With Others”

Page 35: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 36: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger
Page 37: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Reduce Marketing Costs

Rule #10

“Network – Get Out of The Office”

Rule # 11 - Cross Market

Page 38: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Increase Sales

Rule #12 – Learn the Art of Negotiation

Rule #13 – Overcoming ‘new’ Objections

Rule #14 – Master Closing the Sale

Page 39: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Exceed Expectations!

Rule #15 – Be Memorable

Rule #16 – Kick it up a notch (80/20 rule)

Page 40: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Rapid Recall & Questions

What new rules are you taking home? What new rules do you see, but we

didn’t discuss? What questions do you have?

Resources & PPT at creatingresults.com/IBS2014

Page 41: "New Rules for Marketing to Mature Consumers" - IBS 2014 Presentation by Todd Harff and Barbara Kleger

Todd HarffCreating Results – Strategic Marketing

[email protected] ext 701314000 Crown CourtSuite 211Woodbridge, VA 22193

Speaker Contacts:

Barbara KlegerKleger Associates

[email protected] W. Rittenhouse SquareSuite 3009Philadelphia, PA 19103

Head Shot

Resources & PPT at creatingresults.com/IBS2014