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Archive for November 9th, 2007

Thinking of marketing to Gen X’ers? Do it!

 Hey all of you marketing folks out there. Consider the numbers below:

— 62 percent say they live paycheck to paycheck.

— 56 percent have an outstanding credit-card balance of $3,000 or more.

— 62 percent of women say they have not bought any investment products.

— 45 percent of women would buy 30 pairs of shoes before saving $30,000 in retirement assets.

— 65 percent of women and 48 percent of men said they do not know how a mutual fund works.

— Nearly 65 percent did not know that when interest rates go up bond prices typically go down.

— 38 percent of women have not started saving for retirement

If they aren’t investing in their future, then they must be investing in something right? How about themselves? Face it Gen X’ers are saddled with the same thing they were tagged with 10 years ago. That all they cared about was themselves. So what has changed? Nothing and the above numbers prove that out.

So if you’re a direct marketer, an email marketer, or any type of marketer, forget about the Baby Boomers for a minute and consider this audience.  They are living for today and tomorrow can wait. How much is that iphone again? and can I get that in leather?

Boomers might kick the tires, but the Gen X’ers will want the tires with the 17 inch rims.

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The top 44 social music sites

In no particular order, we present one of the fastest growing and extremely loyal aspects of social networks. That would be the networks that revolve around Music. Music being the social creature that it is, it is no surprise that this aspect of social networking is so attractive and so appealing to so many.  So the fact that social networks, not the least being Myspace, which is the mother of all music social network sites, has evolved so quickly is no big surprise. Look for this sector to continue to explode and surprise as it straddles the hump between Web 2.0 and Web 2.5 within the next year. If not already. Feel free to add!

Artist Nation

SoundClick

Music Makes Friends

Slacker

Reverb Nation

Soundpedia

Jamendo

SoundFlavor

Gruvr

Purevolume

Virb

Groove Shark

Clinko

Garage Band

Acoustic Friends

Sellaband

Haystack

SoGrimey

ItBreaks

Tunester

Bandsintown

FineTune

Pandora

MyStrands

ProjectOpus

AudioPyro

InHance

qloud

SliceThePie

Jukeboxalive

Kompoz

Buzznet

Meetyourband

Ijigg

Midomi

Sonific

Musocity

Jamnow

Ilike

LastFM

MOG

Mercora radio

Flotones

Howzitsound


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The Deets

Marc Meyer is a Digital and Social Media Strategist at DRMG. This is my personal blog where I share observations, thoughts and opinions that are all my own.

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