Enough is Enough: Consumers 50+ Want Marketing and Advertising to Grow Up!
Marketing campaigns are too often out of sync with the reality of today’s older, more seasoned buyer. Did you know that: Men and women over 50 now make up 33% of the total U.S. population and 44% of the adult population but control more than 70% of total wealth...
Marketing campaigns are too often out of sync with the reality of today’s older, more seasoned buyer. Did you know that:
- Men and women over 50 now make up 33% of the total U.S. population and 44% of the adult population but control more than 70% of total wealth.
- Due to the combination of rising longevity, declining fertility, and the aging of the Baby Boom generation, this group is now bigger than the entire population of most countries.
- As a new generation of active and curious consumers, they now dominate the marketplace and are responsible for:
o 50% of new car and truck purchases
o 51% of personal care products
o 51 % of grocery food items
o 59% of books and reading purchases
o 65% of health care
o 65% of home maintenance and repairs
o 72% of prescription and OTC drugs
o 80% of retirement accounts
A recent AARP study showed that 62% of 50+ consumers wish that ads had more realistic images of people their age. And nearly half were annoyed that ads of people their age reinforced outdated stereotypes.
Dr. Ken Dychtwald, who is recognized as North America’s leading visionary and original thinker on longevity and aging for nearly 50 years, will explain how your business can best target this massive, misunderstood, misrepresented, and wildly untapped new market. He’ll illustrate the attributes that resonate with this potent consumer as well as what does not. He’ll provide an inspirational preview of the products, services, marketing, and advertising that will succeed at meeting the needs and aspirations of this new age of aging consumer while eliminating the ageism that has impeded shareholder value for too long.