An Extrasensory Connection, Market

Under the Thumb of the Baby Boomer Market At the heart of the Rolling Stones’ entrenchment in our society is the band’s deep connection with baby boomers. In the early years, authorities accused the Stones of decadence, undue influence on teenagers, and anarchy. Whereas sociologists called that cultural conflict, it could also be described as creating a relationship with emerging elements of a new culture. The Beatles had made a significant connection with baby boomers, but they opened the door for the Stones to capture an important part of the baby boomer life soundtrack when they stopped touring and split. Once inside the door, the Stones spent the next four decades creating and nurturing an extrasensory connection with the largest demographic segment of the population.
Branding, when done well, generates profits from consumers’ willingness to buy the brand (often at premium prices) and increased repeat purchases. Therefore, from a branding perspective, the significance lies in the sheer size of the market-76 million people, with varying needs, wants, and problems and differing degrees of ability, willingness, and authority to buy. Yet psychographic similarities- shared interests, opinions, and activities-tie these segments together to form the largest base of purchasing power in the U.S. market. One commonality among the group’s members is that they grew up on a diet of classic rock; it is part of them. Understanding the significance of this market helps explain why legendary rock bands are, for the most part, satisfied with staying relevant to their core market and don’t feel the need to position themselves too heavily to today’s teens. Their focus is on remaining a part of the cultural fabric of baby boomers everywhere, a sentiment shared by many great brands, from CocaCola to Cadillac.
  • Share/Bookmark

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

0 comments ↓

There are no comments yet...Kick things off by filling out the form below.

Leave a Comment