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Who are Baby Boomers

By
Services for Real Estate Pros with Barbara Corregano Real Estate
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They're known as the "Me" generation for their focus on personal success, and it's for them the term "workaholic"was coined.  As they grow older, they'll always see themselves as young.  Baby Boomers remain one of the largest generations in history.
  • 77 million strong
  • Hardworking & competitive, they buy things that demonstrate their personal success.
  • They need products and services that help them take control of their time
  • Individuality and customization are important
  • They care about technology,but think it brings as many problems as it does solutions
Baby Boomers have tremendous purchasing power.  Earning their business will require excellent relationship building and teamwork. Selling tips for Baby Boomers:
  • Use a selling strategy that gives your customer a sense of power and purpose.
  • Explain yur product's advantages in terms of efficiency..not technology.
  • Many Boomers don't care HOW it works.  They haven't got time for that!
  • Let them choose the optional features they cre about to create a product that's truly designed for them.
  • This age group may seek the advice of their children (Gen X and Gen Y) before making a buying decision, so consider those strategies, too.
Posted by

Kathy Wynn

NYS Licensed bBroker

Barbara Corregano Real Estate

85C Page Avenue, Staten Island, NY 10309

 

Pam Miller
Realty Associates - Conroe, TX
Broker Associate - Water Crest on Lake Conroe

Kathy - you've got it mostly right.   I don't think we are quite ready to ask our kids about our home purchases:)

Jul 18, 2011 07:51 AM
Kenneth Cole
Weichert Realtors Appleseed Group, 2043 Richmond Ave. S.I.N.Y. 10314. office phone 718-698-9797, Appleseedhomes.com... - Staten Island, NY
NYS Licensed Real Estate Salesperson

Wow Kathy, I agree with Pam, #1 comment.  I guess I'm really younger then my age because I feel you are talking about me.  (Just a little older then the baby boomers)  Wait till you see my next newsletter.

Jul 18, 2011 07:54 AM