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Marketing to Boomers and Beyond Posted: 01 Jun 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." 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 – June 1, 2010 Posted: 01 Jun 2010 05:54 AM PDT Top News From Today's "Boomiverse" Are Baby Boomers The Unicorn In Social Media? Overview: "Boomers and their use of social media are creating a lot buzz lately. Are they really participating? Is this the best way to reach older consumers? Is it a tactic to be layered with other more traditional tactics? We were seeking to understand Boomers activities in the social media space and launched a research study to answer these questions." CVS Expands as Population Ages Overview: "Unlike other retailers, pharmacies continued to open new stores during the recession -- in part by taking advantage of cheaper and more available real estate. Deerfield, Ill.-based Walgreens, for example, opened more than 500 stores in fiscal 2009." |
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