29 August 2005

The Very Secretive Forth & Towne

If you're in the advertising/marketing industry (or in the retail clothing industry, I'm guessing) you're probably sick of hearing about Forth & Towne - a new set of thirty-odd stores opening up around the country.

The story behind it: parent company The Gap has decided to take on Chico's and a few other clothing retailers, offering affordable, fashion-conscious apparel for women Baby Boomers.

So you don't have to wade through the media coverage, here are the two best articles I've found about the hubbub:

Generation Gap
(Chicago Sun-Times, Cheryl V. Jackson)

Filling the Gap: (Associated Press, Anne D'Innocenzio)

From Ms. Jackson's article:
For now, Forth & Towne isn't advertising. It's just throwing open the doors Wednesday and waiting to see who pops in.
Oh ...... great idea! Just ignore the largest, richest demographic — a generation very much accustomed to being advertised to (and not particularly happy that they're off the radar nowadays) — and one that has always responded well to intelligent, informative advertising.

There are so many ladies I know around my age who've stopped going to malls, stopped physically shopping for clothing (they pour over catalogs and/or order online) because there isn't much out there for them.

But don't let them know about Forth & Towne. Just hope that they pop in.

27 August 2005

Baby Boomers Conquer Self-Employment Market

My book is selling well within the advertising and marketing industry...

But I really wrote it for non-industry folk: advertisers, anybody or any company with a product or service for Baby Boomers — and entrepreneurs.

Here's a press release about Baby Boomers as entrepreneurs:
Global outplacement firm Challenger, Gray & Christmas reports the nation is on the brink of an explosion of new business start-ups.

The interesting thing is this boom, which is said will resemble the dot. com boom of the late ‘90’s, will be led by baby boomers and would-be retirees and tend to be better educated, healthier, and more tech-savvy than their 20-something predecessors.

25 August 2005

Madison Avenue Fever

This documentary doesn't have anything to do with advertising to Baby Boomers today — but if you're a Baby Boomer and/or in advertising, it should be fun:
Madison Avenue Fever is an entertaining and informative look at the birth and development of television commercials in the 50's and 60's, the period known as the “golden age of television.”

Remember the Ajax knight on horseback, the happy kid who learns he has no cavities after brushing with Crest, and so many other commercials that have become a part of American heritage and imbedded in the memories of baby boomers?
More on this "Comic Documentary About the Early Days of TV Advertising."

23 August 2005

Where's the TV for us?

Here's a good article by Karin Lipson of Newsday.com.

Network television not only is under siege from other media - but compounds the problem by ignoring Baby Boomers.

Brad Adgate of Horizon Media and Alan Wurtzel, president of research for NBC Universal, do a good job exposing the silliness of television advertisers (and advertising agencies) targeting only the 19-49 demographic:
There's never been an "older" audience quite like the baby boomers, for one thing. "I don't necessarily think, as the first baby boomers turn 60, [that they're] necessarily more or less brand-loyal than someone who's 30," Adgate said. "You're getting a group of these 75 million baby boomers who are very, very active, and there's a lot of them."

NBC's Wurtzel, interestingly, agrees. What some advertisers "fail to realize is that there has been a huge change in people's lifestyle," Wurtzel said. Baby boomers, for instance, "wound up having babies 10 years older than the previous generation. If you would really look at a person's 'life stage,' you'd probably have a better predictor of their consuming behavior than if you look at their age. So you can certainly argue that the 19-to-49 demographic is somewhat obsolete."

18 August 2005

The Most Famous Advertising Man in the World

While bantering with Ray & Brad on The Advertising Show, we started to talk about the history of advertising—and (no surprise) David Ogilvy's name came up. I think I stumped the stars - asking them how old they thought Mr. Ogilvy was when he wrote his first ad.

Answer: Thirty-nine.

The ads/campaigns that David Ogilvy is most famous for were created when he was in his forties and fifties. (Advertising agencies today don't like to hear this.)

Here is an entertaining (and revealing) speech given by Kenneth Roman last year about David Ogilvy. An excerpt:
When he began to make his mark on Madison Avenue, Fortune described him. “At fifty-three, Ogilvy is a remarkable young-looking man, with wavy, dark-blond hair (cut rather long), blue eyes, and a fair complexion, who might easily be mistaken for a successful British actor. He smokes a pipe, his speech is that of an English gentleman, and he wears tweed to the office, where he is served tea every afternoon by a maid named Bridey Murphy. His vests have lapels.”
Mr. Roman is the former chairman and chief executive officer of Ogilvy & Mather Worldwide - and was also a guest on The Advertising Show.