Generational Marketing

This week we looked at Generational Marketing.  Marketing is targeted at the generation of the customer i.e childhood or adulthood.  A definition is below:

'Generational marketing is an approach to product development, CRM, communications and marketing that recognizes generations as archetypes. The approach also respects that the four generations experience each life phase (childhood, young adulthood, midlife and elderhood) during “seasons” of societal attitudes and values that differ from what other generations experienced at the same life phase.'

The method of marketing to a specific generation is affecting the way that we promote and sell products and services. We are all a product of our generation. Each generation have their own characterestics, because of this as a marketing target we can usually categorize by generations by the way that we act and speak as well as our belief systems.
There are four popular generational categories that most marketers tend to focus on.
They include:

1. Millenials or Generation 2001ers, born after 1980
2. Baby Busters or Generation Xers born between 1965 and 1980
3. Baby Boomers born between 1946 and 1964
4. Mature Citizens born between 1909 and 1945

If a marketer was to target my generation it would be the image provided below.

http://www.youtube.com/watch?v=WE3d2GHBuvQ&feature=player_embedded