Question

Topic: Customer Behavior

Marketing Health Food To Different Target Markets

Posted by Anonymous on 250 Points
I am looking to target health products to different segments---> Baby Boomer, Gen X, Gen Y, and Millenials.

Although most marketers regard Gen Y and Millenial as the same group, I did find some differences in an article which describes Gen Y'ers are described as independent, like extreme sports, highly tech saavy, rebellious., etc, while Millenials are very close to their parents, believe in team work, like Avril Lavigne and are anti-Britney, trust government etc.,

1) I am interested in knowing what the differences between the Y gen and Millenials are and what are their age ranges. (is this correct ???--> Y gen = 1977-1994 and millenials = 1995 - present)

2) Also what are each segments (baby boomers, gen x, gen y and millenials ) attitutes towards heath foods.

thx!

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RESPONSES

  • Posted by bobhogg on Accepted
    zabee...

    You don't tell us exactly what type of "health products" you are dealing with...

    ...and I'd like to know why you have chosen to segment your market on the basis of lifestyle segmentation - do you have definite correlation between lifestyle and the reason why people might buy your health products? I'm not saying that segmenting by lifestyle is wrong, just that I believe that the start point for segmentation should be based on why people buy the product - what benefit (both rational and emotive) are they going to get out of it?

    Having segmented on the basis of those reasons, then by all means profile your segments using lifestyle categories - but start with why they buy!

    Good luck,
    Bob

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