22 min listen
AARP on combatting ageism in marketing
ratings:
Length:
21 minutes
Released:
Feb 14, 2024
Format:
Podcast episode
Description
Barbara Shipley, senior VP of brand integration at AARP, discusses on The Current Podcast the risk of perpetuating myths associated with older generations. Episode TranscriptPlease note, this transcript may contain minor inconsistencies compared to the episode audio. DAMIAN (00:01):I'm Damian Fowler.ILYSE (00:02):And I'm Ilyse Liffreing.DAMIAN (00:04):And welcome to this edition of the current podcast.ILYSE (00:10):This week we sit down with Barbara Shipley, the senior Vice President of Brand integration at A A RP. TheDAMIAN (00:17):A A RP is the nation's largest non-profit nonpartisan organization, which is in its own words, dedicated to empowering Americans 50 and older to live their best lives. It's taken great pains to assure people that it's not about silver haired grannies and granddadsILYSE (00:33):To be sure it's building on a tremendous legacy that started back in 1958. But as the perception of aging has changed in that time, so has the organization and its messaging. The A A RP is on a mission to debunk the myths about growing old. One of the ways it's doing this is by investing heavily in digital marketing in a world focused on youth. Barbara talks to us about what's unique about the A A RP demographic,BARBARA SHIPLEY (01:04):So we totally understand why people have a focus on Gen Z millennials. Um, let's be honest, there's definitely an obsession with youth, not just in this country, but all around the world. I think what's important for people to remember is not to put generations against each other, but to recognize where the customer base could be and potentially take age out of the equation for just a second, think about what your brand is, what your marketing, what your bottom line is, and then who makes the most sense? And in most cases, your marketing team, your brand team, your strategy team is going to zero in on people, 50 plus, they don't know it now, but if they open their mind to see where their customer is, I can almost guarantee it will include a huge proportion of the 50 plus because that's where the money is being spent. That's where the population growth is. Aging, is fueling growth in almost every market and segment.ILYSE (02:22):Just how big is that spending power, I guess, of that demographic? And then basically, how should brands think about this audience?BARBARA SHIPLEY (02:30):In the US alone, you've got 110 million people over 50, and the fastest growing audience is people over 85. So that is something to celebrate. Now, in a youth, and you could say youth obsessed, but in a youth focused environment, it's hard to pull people's attention over to the power of the 50 plus audience. But when we talk to brands and marketers in the industry and say, $8.6 trillion, they stop and listen, that's a lot, that contribution that the 50 plus in the US alone makes to the US economy each year.ILYSE (03:15):Now, the A A RP was founded 65 years ago in 1958. How has your organization changed to reflect the values and the needs of the demographic that you now serve?BARBARA SHIPLEY (03:27):The biggest way a A RP has changed is we are still extremely proud and focused of the, on the work that we do to help retired senior citizens, but that is not all we do. So if you think about an organization that is focused primarily on the 50 plus their families and their communities, how many 50-year-old people do you know that are retired right now or even thinking about retirement, they may be planning for it. I have to say I hope they are, because if you're not planning for it by the time you're 50, that's gonna be a challenge. But retirement could be 20 years away. And so A A RP has adapted it's content, it's programs, it's services, it's products, it's community outreach, it's volunteers to really address the way people are aging today, not just the way they aged when their parents or grandparents were going through their lives.DAMIAN (04:26):In addition to changing the programming that you have, um, how has the na
Released:
Feb 14, 2024
Format:
Podcast episode
Titles in the series (73)
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