More Resources

Home > Entrepreneur Magazine > May 2004 > Marketing Buzz 05/04

Marketing Buzz 05/04

New market sectors, renting marketing pros and more

We've all heard about metrosexuals-fashion-forward guys who get more facials than their female counterparts. Smart marketers should pay attention to other new market sectors as well, says Ann Fishman, president of Generational Targeted Marketing Corp. in New Orleans. Some groups to consider:

  • Urban Ritualists:
  • These Gen Xers enjoy life to the max and pay big bucks for higher-quality clothing, furniture and other creature comforts.
  • Re-Juveniles:
  • These adults buy toys and games for themselves. Says Fishman, "These [Gen Xers] seek refuge from a post-9/11 world by revisiting the comforts of childhood."

Richard Laermer, author of Trendspotting: Think Forward, Get Ahead, and Cash In on the Future (Perigree) and president of RLM Public Relations Inc. in Los Angeles, points out other categories:

  • Disposables:
  • Obsessed with convenience, "disposables" are consumers likely to buy on the cheap and get rid of purchases--including low-end cars and computers--when they lose their novelty.
  • Conscious Consumers:
  • A throwback to their WW II grandparents, this group looks for the "Made in America" label while searching for environmentally friendly companies. Reflect their core values, and you've got fiercely loyal new customers.
QUICK PICK
Are you in need of some temporary marketing muscle? MarketFitz Inc., a Seattle-based company that provides outsourced marketing and consulting, lets you rent a professional. For about $40 to $120 per hour--MarketFitz pays payroll taxes and benefits--this high-end temp agency will set you up with an experienced marketer, either on-site or off. This "try before you buy" solution lets you work with candidates before bringing them on permanently or lets you fill in short-term gaps in your staffing, such as a staffer's leave. For the price of a marketing director's salary, the company outfitted one regional law firm with a part-time team that included a marketing director, a marketing coordinator, a PR manager, a creative director and a graphic designer. Try finding that in a one-person package.

25%
of online business searches in the United States are for local retailers.
SOURCE: The Kelsey Group/BizRate.com

In a 2003 survey57%
of U.S. e-mail users had bought something online in the past year because of permission marketing message.
SOURCE: Quris Inc.

Gwen Moran is a consultant and writer specializing in marketing. Reach her at moranmarketing@erols.com.

Content Continues Below



Marketplace

Learn how to distribute a press release

Try our new online printing. theupsstore.com/print
Today on Entrepreneur
Current Issue
Entrepreneur Connect
What makes a good client gift?
What guidelines do you follow when buying gifts for your clients? Have you ever received an unusual or inappropriate gift?
Resource Centers
Where Business Gets Done
Revisit the lost art of the meeting, the pitch, the presentation and the all important handshake to close the deal.

Insurance Center
Review your company's needs, save on workers' comp, protect your business from lawsuits and more.

Startup How-To Guides
Step-by-step guides to launching your business.

Commercial Vehicle Center
Get the right ride for your business.


Sign Up for the Latest in:
e-Business & Technology
Franchise News
Business Book Sampler
Starting a Business
Sales & Marketing
Growing a Business

E-mail*
Zip Code*