Marketing to Moms: What Are You Waiting For?
It was interesting to find out that many companies started specific marketing to moms campaigns only during the past five years. The M2Moms Conference and BlogHer Conference launched just three years ago. Agencies large and small started specializing in the mommy market as late as 2003.
Kelly Skolada, Director of Global Brand Marketing at Ketchum, says it’s taken this long because people only recently became aware of moms’ growing earning and spending power, now estimated at about $2.1 trillion. “That has really turned marketers’ heads,” Kelly says.
Consider these statistics from Maria Bailey’s “Trillion Dollar Mom” series:
-5 million moms own their own businesses
-88% of moms refer to themselves as the household CFO
-40% of Baby Boomer moms are involved with purchases for aging parents
What are you waiting for? Take a look at MarketingSherpa’s two-part special report to find out more about marketing to moms.
Categories: Consumer Marketing mom marketing