28.07.2008 12:32:00
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New Report Reveals Rise and Influence of Gamma Women, a 55 Million Strong and Growing Consumer Segment
Meredith Corporation (NYSE: MDP), the leading media and marketing
company serving American women, today released The Gamma Factor:
Women and the New Social Currency. This new report uncovers the rise
of Gamma women: a growing segment –
significant both in number and influence –
that is creating a groundswell in today’s new
media and marketing landscape.
According to the report, written by marketing-to-women experts Lisa Finn
and Lisa Johnson, the Gamma audience is estimated at more than 55
million American women. Meredith's own study* estimates that Gammas
represent nearly 60% of Meredith's audience. The report forecasts that,
as the social and technological environment in which they exist becomes
more and more suited to their communication and interaction styles,
Gammas’ influence in the marketplace will
continue to increase.
Gamma women share and exchange information, ideas, opinions, contacts
and recommendations with their wide-reaching network using multiple
media and channels of communication. This is in sharp contrast to the ‘Alpha’
style of communication – a top down model of
selectively passing along information. While a Gamma’s
sense of self is guided by her internal beliefs, passions, and
priorities, an Alpha is driven by external social hierarchies or other
indicators of status or popularity.
"This report single-handedly crystallizes our
understanding of the significance of the Meredith woman,”
remarks Jack Griffin, president of Meredith Publishing. "Gammas
are true brand advocates who are passionate and spread the word about
what they like. It comes as no surprise that these Gamma women make up
the very core of our customer base. It’s time
for marketers to engage Gammas where they are already looking for social
currency – talking with them versus talking
at them. Meredith is proud to be part of that conversation.”
The Gamma Factor: Women and the New Social Currency, explains how
the social behavior, media habits and sheer magnitude of Gamma women
represent a tidal force that is redefining the marketing model. By
providing strategies and anecdotes for capturing the attention and
advocacy of Gamma women, the report reveals how information travels
within the Gamma landscape, and how marketers can effectively
communicate with Gamma women to leverage the power of this vast and
influential segment.
"With Gammas, it’s
all about content,” says Brenda White, Senior
Vice President/Publishing Activation Director, Starcom USA. "And
with this group of women most certainly on the rise, it’s
becoming crucial for our clients to speak to Gammas in a way that not
only resonates, but also engages. From an agency perspective, The
Gamma Factor really hits the mark on what it takes to capitalize on
this profound shift in the marketplace.”
The report identifies five key personality profiles within the Gamma
mindset. Each Gamma profile embodies a specific set of beliefs and
behaviors and responds to a specific combination of marketing techniques
and messaging. They are:
Connector – She believes
people can accomplish more together than they can alone. She enjoys
sharing her experiences, passions and recommendations with her network
of friends and family. Fluent in social interactivity aspects of Web
2.0, her interest stems from a desire to keep in touch rather than
simply the love of technology.
Catalyst – She wants to impact her
community, and ultimately the world at large, in meaningful ways. She
finds great pleasure in volunteering her time and inspiring others to
do the same.
Family-Focused – These Gammas put
their family first; work exists to serve family needs, not the
reverse. She looks to family and close friends to stay grounded and
considers her loved ones her personal board of advisors. She uses
technology to seek out information, but relies more heavily on
personal connections for support.
DIY Creator – She lives life by her
own compass and expresses herself by creating. She enjoys sharing
ideas and techniques with fellow enthusiasts, and finding a way to
bring creativity into their daily lives.
Challenge-Seeker – She is always
ready for a great adventure and focuses on the possibilities, not
limits. She seeks out the exotic and challenging in all aspects of her
life.
"When a Gamma finds something she likes, she
doesn’t keep it to herself; she happily
spreads the word to her network of friends and family,”
says Meredith’s Gayle Butler, editor in
chief, Better Homes and Gardens. "Our
readers possess powerful Gamma traits and continuously share their
experiences, thoughts and ideas with us via email, events, letters,
reader surveys, blogs and online communities. This dialogue allows us to
stay connected and keep our finger on the pulse of what means the most
to Gammas.”
According to co-authors Finn and Johnson, "By
striving to take advantage of Gammas’
preferred communication styles, learning their language of influence and
developing strategies that utilize Gammas’
webs of connection, marketers can harness the influence of Gamma women
and gain an early-to-market advantage that taps into this emerging power
in the marketplace.”
For more information on "The Gamma Factor”
or to request a copy of the report, please visit www.GammaWomen.com,
or contact Patrick Taylor at 212.551.6984/Patrick.Taylor@meredith.com
or Amanda Cortese at 212.551.7087/Amanda.Cortese@meredith.com.
About Meredith Corporation
Meredith Corporation (www.meredith.com)
is one of America's premier media and marketing companies. Meredith
combines well-known national brands –
including Better Homes and Gardens, Parents, Ladies' Home Journal,
Family Circle, American Baby, Fitness and More –
with local television brands in fast growing markets. Meredith is the
industry leader in creating content in key consumer interest areas such
as home, family, health and wellness and self-development. Meredith then
uses multiple distribution platforms –
including print, television, online, mobile and video –
to give consumers content they desire and to deliver the messages of its
marketing partners. Additionally, Meredith uses its many assets to
create powerful custom marketing solutions for many of the nation's top
brands and companies. The goals of these programs are to increase
consumer loyalty and produce repeated consumer interaction. In the last
two years, Meredith has significantly added to its capabilities in this
area through the acquisition of cutting-edge companies in areas such as
online, word-of-mouth and database marketing. Meredith employs
approximately 3,600 people throughout the United States and its 2007
annual revenues were $1.6 billion.
*Meredith/NBC Universal "What do Women Want?”
survey of 3,000 women 18-64.
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