Upload
edelman
View
455
Download
0
Embed Size (px)
DESCRIPTION
Edelman’s “Marketing to the Modern Family” offers research with actionable insights on how evolving family dynamics will affect how companies market their brands.
Citation preview
Edelman’s “Marketing to the Modern Family” offers research with actionable insights on how evolving family dynamics will affect how companies market their brands. Background: In partnership research firm StrategyOne, Edelman took a close look at the influences on families today – from the economy to demographic shifts, technology to health & wellness. We found that the essence of parenting hasn’t changed; but all of these factors have caused a shift. It’s Brady Bunch to Modern Family. Happily Married to Happily Not Married. Family of Four to Multi-Generational Home.
And Parenthood today looks very different as a result. Methodology: “Marketing to the Modern Family” is informed by a US study and influenced by a diverse expert panel comprised of single and GLBT parents, working moms, multicultural heads of household and grandparents with a range of knowledge in technology, finance, pop culture and health & wellness. The study was fielded to 2,400+ members of the “Modern Family,” with an oversample for GLBT and multicultural populations. The Time is Right:
Only 4% of today’s families fall into the Census definition of “traditional” – SAH mom, working dad with kids under 18
Minorities make up nearly half the children born in the U.S.
African-American households headed by women now exceed African-American households with married couples
40% of all children are born to single moms in the U.S. today
2 MM children are being raised by GLBT parents *Source, US Census 2010, Family Equality Council 2011
Key Findings:
o The Motherload Gets Heavier: Mom is taking on binary roles as in charge at work and in charge in the home. 41% of moms say they are the sole decision maker for their family purchases Plus, they are taking on more than they did in the past Managing family finances (70% to 86%) Earning money (61% to 75%) Buying technology oriented items (57% to 78%) Buying a car (57% to 84%)
Universal Parent – The Era of Gender Surrender: Economic pressures and blended family models have redefined individual roles within the family and skill sets have replaced gender o 62% of moms and 54% of dads feel that parenting roles will be redefined away from the
traditional “mom and dad” roles of the past o 33% of dads say they take on role of traditional mom
Democratization of the Family: The power of the purse is equally divided among its publics. o 68% of parents say that children have influence on family purchasing decisions o 67% of grandmothers with involvement in taking care of their grandchildren say they have
influence on family purchases o More than a third of mothers and fathers say that it’s likely their children will live at home
after college
Dad Demands to be Involved: Dads are demanding work-life balance – and doing much more at home. o Dads report their responsibility for taking care of kids has more than doubled since their
childhood o Past…dads were in charge of financial security (93%), purchasing consumer goods (76%) and
discipline of children (84%) o Present…all this and more Taking care of children (44% to 84%) Buying groceries (32% to 70%) Cooking (22% to 67%) Cleaning (18% to 70%) and doing laundry (11% to 64%)
Traditional Becomes Traditionall: Families headed by multicultural, GLBT and single parents become the new traditional family….and wield a mighty influence. o About 20% of moms and dads say their children will not identify with the same ethnic group
as they do o Mixed race marriages have jumped 20% since 2000 to 4.5 MM (or 8% of the total – US Census) o 66 percent of gay dads are more likely to buy products that have ads reflecting their sexual
orientation o There is a growing number of women who choose to have a baby alone
For more information, findings and an analysis of what this means for brands: contact us at [email protected].
###