My wife and I are Baby Boomers and we have been the generation that most advertisers targeted their marketing to over most of my lifetime.
That is until we “aged-out” of the 25-54 age demographic.
That started happening in 2001 when the oldest Boomers who were born in 1946 turned 55.
This is the year, 2019 when the youngest Boomers who were born in 1964 hit double nickels.
About 10 years ago however is when the marketing people started to wake up and realize that the Baby Boomers still were a valuable demographic for a lot of products and services. That was when the first Boomers were preparing to hit that magic age of 65, the age of retirement in the United States.
Except Baby Boomers were not like the previous generations that were in the 60’s. They were not in the last couple years of life, they were living a full and rewarding life.
The kids were finally out on their own, yes even out of the basement and grandkids were coming. Some Baby Boomers still have parents alive too.
The wealth was and still is in the hands of the Baby Boomers.
Baby Boomers grew up with the mass media of radio and TV. We remembered AM Radio and Black & White TV and saw the transformation to Color TV and growth of FM Radio.
Radio has been our portable entertainment with every vehicle on the road being a virtual sound machine while TV was our home entertainment with news and prime time shows dominating our evenings.
So it is no surprise that even with the advent and growth of the internet and all the advances from dial-up AOL to always connected smart homes, traditional TV and Radio stations were still relevant to the Baby Boomer generation.
I have seen plenty of studies that have shown the shifting audience demographics for TV especially that is top heavy with older people.
More than half of all traditional TV viewers are age 55 and older.
Traditional TV encompasses both the traditional broadcast and traditional cable TV networks.
However in 2019, for the first time ever, traditional TV viewership in the age 55+ is now declining.
Here’s what Mediapost said about this:
It’s no secret that linear TV viewing has been declining as American consumers — especially younger ones — shift to digital alternatives, but a new analysis from the equities research team at UBS shows that even older TV viewers have begun eroding for the first time.
While total viewers (two years or older) have been eroding for some time, the fact that TV’s most diehard and heaviest viewers also are abandoning the medium should come as a wakeup call for many in the TV and advertising industry.
The article also shows data that over the past ten years TV has lost 50 to 60% of their younger viewers and the only age group that grew was the Baby Boomers but now they are watching less TV.
I can tell you why, from personal experience.
We have access to 100 channels and there’s “nothing on”. At least that’s the way it seems.
A lot of the shows are targeted to younger viewers and are simply stupid or overly sexually juvenile. The jokes would have made the teenager in me snicker, but that was over 30 years ago.
Here are the actual shows that I will watch with my wife either live or on demand almost every week, now that the fall TV season is back:
NCIS, Grey’s Anatomy, Jeopardy, Bull, The Good Doctor, Chicago Med. The first four are without fail, the last two are likely to watch.
My wife will watch Dancing with the Stars and the Bachelor series, but I won’t. I may watch The Voice.
That’s it. Each year the number of shows we watch declines. Not because there are less programs available, but the networks are trying to reach the younger audiences they have already lost which is stupid.
My kids are all in their 30’s and none of them watch traditional TV. There is nothing that will change that so the networks need to wake up and do what they can to keep the viewers they have from abandoning them.
Now we do watch other things on TV. The network news channels get a healthy amount of evening viewing along with some occasional HGTV, and we also stream stuff like Amazon Prime Movies. Netflix is a must have for my kids and their families.
As a side note, since I work in the radio business, there is also an undercurrent among the youngest, I’m talking teens and 20 year olds to listen to less traditional radio than people of that age group did decades ago, for many of the same reasons they don’t watch traditional TV. However for grown-ups age 35+ radio listening is still as healthy as ever. I have specifics for the Fort Wayne, Indiana market if you ever want to see who listens to what, contact me. Scott@WOWO.com
Last week I read the results from the first week of the new Fall 2019 Fall TV Season and it’s not pretty.
The article I read says: TV’s broadcast network premiere week for the 2019-2020 season showed more double-digit percentage declines.
If you are a business that uses TV to advertise, let this be a warning to you that the audience that you are trying to reach is shrinking. If you want to see some viable solutions and alternatives, let’s talk.
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