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Posted on Wednesday 04 February 09
The Ferret on: Women
As we finally totter into official recession, it’s time for marketers to really show what they’re made of. This is good news for ...

As we finally totter into official recession, it’s time for marketers to really show what they’re made of.  This is good news for creative types whose work generally blossoms under pressure – and, unlike banking where nearly twice as many women as men have been made redundant in the last quarter, it’s probably good news for women.  I shall explain...

I believe that shopping centres and retailers must now concentrate even more than ever before on understanding their core consumers.  Going way beyond basic demographic profiling and into the realms of what makes these elusive and fretful consumers happy, sad, inspired or angry, why they shop, what makes them laugh, why they cry and, crucially, how they are feeling right now.  Only by understanding can we all empathise, emotionally connect and, ultimately, communicate.

Surveys keep us in touch, but more important – and more fun all round – is to employ people who love shopping and speak the same ‘lingo’ as target consumers.  If effective marketing basically amounts to having a one-to-one conversation, then it makes sense for two people with a shared interest to chat about their favourite subject – and their chosen subject just happens to be this ferret’s clients’ business! 

Most of my 29 fellow Toolbox-ites are women. As a rule, women like shopping, they’re good at keeping in touch and they appreciate a good chat.  Research has shown that 80% of every family’s buying decisions are made by women¹, and that women’s shopping is much more relationship-driven than the male attitude to shopping as a simple transaction².  So when it comes to talking about shopping, a 25 year old woman has heaps more in common with a lady of, say, 60, than she does a 30 year old man. 

Some good news for girls then – and for men in touch with their inner-shopper, obviously.   Whilst the economy continues in its current vein and as the need to ‘communicate with’ as opposed to ‘talk at’ grows ever more and more important, efficient, spread-sheeting, ex-bankers probably need not apply.  What we need are empathisers, talkers, communicators...  (ie girls.  There, I’ve said it!)

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Comments
Its about time taht the advertising agencies out there started to talk to us woman in our language and looking to satisfy our needs. We are the primary shoppers in the family and the messaging should be talking to our emotions and targeting the busy lifestyles we all lead.
Michelle B
Posted on 02/03/2009 13:12:57

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Interesting to see Retail Week's feature on Consumer behaviour this week. 'The point is, retail businesses are largely run by men. And no matter how hard they try, men cannot think like women and vice versa...'!
Sesa
Posted on 09/02/2009 12:47:21

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As a 50yr old man, who am I most in common with, I have to say my cats seem to understand me.....
Dave
Posted on 06/02/2009 08:47:11

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Well, I do have to protest at the use of the word 'totter'. Are you suggesting that your women shoppers are stumbling around in 5" stilettos?
Regarding shopping, I have two approaches. The first is knowing exactly what I want and where to get and achieving that objective. The second is very random, almost impulse buying.
How can retailers cope with these opposing shopping techniques?

Stephen
Posted on 06/02/2009 08:41:37

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I think that there is a danger in trying to pigeon hole shoppers buying decisions by age or gender. Sure certain retailers appeal to certain sectors demographically but that is around product. The most important factors in any shopping decision are value and service and their appeal is universal.
Dave
Posted on 06/02/2009 08:27:49

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Re: "a 25 year old woman has heaps more in common with a lady of, say, 60" - it might not look that way to the 25-year-old but believe me, I don't feel any different at 40 to how I was at 25 - I've just got quicker at making the decisions!
Sophy
Posted on 05/02/2009 17:40:58

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Blokes DO like to shop for gadgets, but much of the research into the product is done prior to the purchase. We don't tend to impulse buy in the way women do. The trip to the shop needs to be quick and painless taking the minimum amount of time so we can get home and start the personal challenge of trying to make it work without consulting the manual.
John
Posted on 05/02/2009 09:38:09

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If it is taken in the right context, i.e their shopping habits and lifestyle aspirations then it definitely is true. It goes back to how men shop, they are generally looking for a transaction, regardless of age, whereas women of all ages are looking to be engaged by their stores, they want to build a relationship, and even more important in these tough times, they want to 'own' their brands and be rewarded for their loyalty.
Michelle
Posted on 04/02/2009 14:00:51

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"a 25 year old woman has heaps more in common with a lady of, say, 60, than she does a 30 year old man". Are you sure about that?
Jenie
Posted on 04/02/2009 13:55:48

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