| Whether you sell high-tech products through
sophisticated B2B exchanges or you offer lemonade at a corner stand,
your company's success -- and even its survival -- depend upon anticipating
change, not simply reacting to it.
One of the most important
changes that marketers must address today is the new face of their
customer. According to Faith Popcorn, the best-selling author of Clicking,
The Popcorn Report and EVEolution, the
face of your customer is less and less likely to be that of a white male
in the 35-50 age range. Instead, whether you're selling to a business or
a consumer, check out some of the statistics
reported by Ms. Popcorn:
-
Women own 53% of all stocks.
-
Women-owned businesses do $2.3 trillion in
annual sales and employ more than the
Fortune 500 combined: 18.5 million workers.
-
Women own 8 million businesses in the U.S.,
or 1/3 of all U.S. firms. This figure has risen
78% since 1987.
-
A woman opens a new business every 60
seconds. Women are leaving corporate America at twice the rate
of men.
-
Four out of five Japanese small business
owners are women.
-
Women
control 80% of household spending.
-
Last year women bought 50% of all PCs.
-
Women influence 90% of all car purchases.
Why does
this matter?
If the profile of
your customer is changing, the message you send that customer and
the way you reach that customer must change as well. So whether
you're selling widgets or lemonade, appeals to environmental
consciousness, child safety and community service are likely to be
received with greater appreciation than underdressed models draped
across the counter of your lemonade stand. In fact, knowing your
customer has never been more important!
Expertise
in Marketing to Women
Barbara Merkt, the
president of HTCC and your marketing boutique, is the immediate past
president of the National Association of Women Business Owners (NAWBO)
Tampa Bay. Barbara has spoken at national NAWBO conferences on
marketing to small business and, particularly, to women business
owners.
|
|