Did you know that there are more than 80 million mothers in the United States and 51 percent of all US Internet users are women? In addition, did you know that mothers of children under the age of 18 are “significantly more likely to go online than the rest of adult Americans?” This, according to the Pew Internet Project.
The translation then is that ” Moms” will tend to disproportionately influence household purchase behavior. So how, as a marketer do you reach them?
1) They are savvy buyers/shoppers. More and More of them are using the internet to influence future and current buying decisions with the possible exception being electronics.
2) Working women ages of 24-54 — of whom the U.S. has some 55 million — have emerged as a potent force in the marketplace. If you’re product is not aimed at them, you are mssing the boat. These women are not only balancing work, but chances are, also a family.
3) Women make more than 80% of the buying decisions in all homes. And women shop differently from the way men do: Females research more extensively and are less likely to be influenced by ads. Men buy, women shop. and Mom’s compare. They make buying “decisions”. Even in the online world, when selling a product, it’s imperative that you have features and benefits as well as savings.
4) According to data compiled by AdAge, there are more than 30 million moms who read up to five blogs on a daily basis. Within these blogs can be the basis for buying decisions. More importantly, women talk, they are social, so if something is worthy in regards to a purchase, they will tell others. Viral marketing is an untapped resource in marketing to Moms.
5) The average household income of these moms is $70,000. They are computer savvy. They are educated. If they cannot find their info through traditional search, they will find it in blogs, If not a blog, then chances are, a social network or a forum will provide the answers and or information they are seeking.
6) Early in 2006 a company called Lucid Marketing, which specializes in targeting moms, issued data that reflected just over 20 percent of stay-at-home moms and another 19 percent of moms who work part time visit “message boards” or “chat rooms” on a daily basis. A great place to market, but also an area where marketers need to be sensitive and not pushy sales peple.
7) Women’s decision-making authority has grown in part because more households are headed by women — 27% at last count, a fourfold increase since 1950-according to Businessweek. What does this mean? As online marketers, if you don’t realize that you need to segment your online marketing efforts into distinct niches, then you’ll be sure to see a reduction in overall conversion numbers.
So given the purchasing power of Women and or Moms. If you underestimate, ignore them, and don’t bother to find out what they want. Then chances are they will ignore you and not bother to find out what you have to sell. It’s as simple as that.
What do you think women want online marketers to know about the way they buy and shop online? Do women use social networks for the purpose of making buying decisions?