5 Marketing Trends to Attract Women Customers

I don’t think that anyone would argue that women play an important role in the purchase decisions of households and I recently read an article entitled “Five Critical Trends in Marketing to Women” by Chris Holt, a senior marketing consultant for Insights in Marketing a Chicago area marketing research consultancy, that indicated that women hold three-fourths of the US financial wealth.  So it is very important to market to women, however, this same article indicated that only 9 percent of women believe they are being marketed to effectively and that percentage goes down to 7 for the 50 and above age group.  The article went on to provide 5 critical marketing trends in marketing to women.  These trends include: 1. Less miniaturization and glamorization and more value; 2. Increased emphasis on the “whys” Instead of the “whats” of sales; 3. Increased segmentation of the women’s demographic; 4. Tap into the power of emotion; and 5. Take engagement to the next level and build marketing relationships.

Ms. Holt concluded the article by encouraging marketers and business owners to move away from stereotyping and increasing focus on the individual female experience and their needs has major benefits for businesses of any size. As markets and technologies continue to evolve, so will the methods of marketing. These five trends are considerations to watch in the coming year and beyond to boost marketing success for your business.  To read the complete article, click on the following link: https://exclusive.multibriefs.com/content/5-critical-trends-in-marketing-to-women/marketing

Contact IESBDC business Consultant, Louisa Miller, at 760-951-1592, if you would like to talk about your business’s marketing activities, marketing plan goals, strategies and tactics to attract women customers.

 

Looking to start or grow your business?

We at the Orange County Inland Empire SBDC, are here to help you with every aspect of your business to help it grow and become successful.
Give us a call at 1-800-616-7232 or schedule a quick, 15-minute intake appointment at ociesbdc.org/consultation to see how we can help you start, grow, and succeed.

5 Marketing Trends to Attract Women Customers

Mike Daniel is the network director of the Orange County Inland Empire SBDC Network, which assists aspiring entrepreneurs and current business owners throughout Orange, San Bernardino and Riverside counties. Mike was formerly the director of the SBDC office at Long Beach City College. As business owner and entrepreneur himself, he started his career as the owner of a Rocky Mountain Chocolate Factory location in Manhattan Beach and went on to open a second location in Long Beach in 2001. In 2007, Mike sold the Manhattan Beach store for an above-market offer then invested in several additional locations as a minority shareholder. Mike further expanded his candy empire with venture located in Shoreline Village in Long Beach called Sugar Daddies Sweet Shoppe, based on fill-it yourself candy options.

Mike has a bachelor’s degree in Business Administration from California State University, Fullerton.