You know, when I was younger I would curse the bevy of advertisements throughout our newspaper… “Annoying…!” I would mutter to myself. “Look at this, a full page just for an advertisement…disgraceful!” I would exclaim aloud.
Now, I thank every ad-salesperson on my paper’s staff, and every savvy business buying it. They keep that paper coming to my door every morning, and I am extremely grateful.
Because how happy would we be if our newspapers go away…victim of younger generations’ apathy for the written word held in one’s hand? With the prospect looming for giants like the Chicago Tribune and LA Times, this is not as far-fetched as we wish it to be.
I teach businesses how to reach the Boomer buyer, as many companies still cling to the last century trend of marketing to the 18-45 crowd (begun, by the way, in the ‘70’s to reach, you guessed it, Boomers…) and then wonder why they’re struggling. Boomers have the highest levels of disposable income with the greatest willingness to use it, we represent almost 45% of the consumer market, larger than all the other individual market cohorts combined, and we spend a whopping $2.3 trillion annually on goods & services…that’s $400 billion more than any other age cohort.
And it is we Boomers who are the primary subscribers to newspapers/ magazines; the last generation to get our buying information from traditional media (papers, radio, and TV).
So to you smart companies advertising in the newspaper, you’re doing exactly what it takes to reach us. Keep it up. And to my fellow Boomer readers, I ask you to join me in doing the smart thing and spend with these businesses. We can simply complain that our newspapers are either disappearing or becoming a shell of themselves, or we can help bring them back.
As a generation we brought the nation civil rights and the world human rights, to name just a few of the society-altering fixes for which we fought and won – we can handle this one easily.
Hang in there, print news…with we Boomers behind you, you’ll be just fine!