Is an explanation needed?
I know that several people have contacted me with concerns about MySpace. So I took some time the other day to write this up. Hope it helps if you have to make the case to senior management: As the baby boomer generation ages and heads toward retirement, Generation X has become the coveted new target market. Generation Xers do not respond well to traditional marketing and advertising mediums, and therefore those mediums have been losing market share during the past decade, including such staples as newspapers, radio, and television. Generation Xers respond to marketing that can provide the following: 1. an interactive experience 2. exclusive content 3. on-demand timing Traditional mediums, which previously did not provide these opportunities, are in the middle of a large paradigm shift. They understand the need to reach this target market and are shifting their priorities away from one-way communication vehicles to timely, interactive, on-demand vehicles. For exampl...