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Marketing to Boomers and Beyond Posted: 17 May 2010 08:00 AM PDT NYC boomer workshop revealed latest trends, research findings and marketing tactics for reaching mature audiences People 50 and older collectively hold $7 trillion in personal wealth and, in the United States, control 75 percent of the nation's disposable income, yet experts say marketers continue overlooking them as consumers. "The boomer and beyond generations are the most written-about age segment," says boomer expert Dr. Leslie Harris. "However, marketers continue to undervalue boomer and beyond consumers and, therefore, allow these consumers to make buying decisions with few marketing or advertising programs to gain their loyalty or favorable brand attitudes." Last Friday, May 14, Harris and other leading mature market experts gathered at a New York City workshop "Marketing to Boomers and Beyond: How to Build Your Business with the Mature Consumer," to address this and other related mature marketing issues, including the latest demographic trends, research findings, and how to effectively reach and resonate with the 50 plus population. Speakers and panel moderators included: The workshop was organized by Dr. Leslie M. Harris, noted boomer expert and the author of "After Fifty: How the Baby Boom Will Redefine the Mature Market" and "After Sixty: Marketing to Baby Boomers Reaching Their Big Transition Years." |
FH Boom Daily Digest – May 17, 2010 Posted: 17 May 2010 05:12 AM PDT Top News From Today's "Boomiverse" Changes are needed as baby boomers become golden boomers Overview: "WE are fast approaching a demographic tsunami of older adults in every community across America. Nationally, the number of older adults will increase by 15 million over the next 10 years." How Many Buying Cycles Do You Have Left? Overview: "While every other automotive brand, including Mercedes Benz and Cadillac, is going out of their way to appeal to much younger buyers than their brands' average, Joel Ewanick and Hyundai have taken a different approach -- appeal to intelligent, thoughtful and wise adult buyers no matter what their age." For Boomers, Sunblocks Come Late Overview: "I'M fair and blond, and one of my first memories as a toddler was the joy of peeling off my flaking skin in long strips after a sunburn. Growing up in the 1950s and '60s, from spring to fall, we lived outdoors, and my face was often scorched a healthy red like the ruddy Marlboro Man on the TV commercials. Long after my body had turned brown, my face shone bright." |
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