• ENGAGE:BOOMERS
    Build It And They'll Stay Put?
    We've seen the topic of aging in place addressed before, and it seems like it's finally starting to catch on. However, the possibilities for optimal care infrastructure for aging in place - technology, existing housing stock, funding sources, and the businesses and services available - are still not being fully realized.
  • ENGAGE:BOOMERS
    Ho, Ho, Ho Holiday Online Spending And Other Facts
    Marketers, start your holiday campaign engines! If you are not including Baby Boomers in your target audience, your competitors will be. Baby Boomers buy for themselves but also for their parents and their children. In fact, Baby Boomer women influence 80% of household buying decisions.
  • ENGAGE:BOOMERS
    50 Is No Longer 50: What It Means For Marketers
    While many marketers are apt to lump all Boomers into one bucket, there is a large enough age variance in the demographic so that Boomers fall into two distinct groups. There's the older Boomer, who is marching into retirement, and there's the Boomer at the younger end of the generation, who's now hitting his or her peak buying power. Younger Boomers (roughly ages 48-58) really don't have as much in common with the older portion of the cohort as commonly believed. While their older brothers and sisters transition to retirement, the 48-58 year olds are in positions of leadership and …
  • ENGAGE:BOOMERS
    When NOT Talking About Money IS Talking About Money
    We all know the basic facts about Boomers and money. Most of them haven't saved enough for retirement. While they will benefit from a large transfer of wealth when their senior parents die, they are already being taxed by adult children who are a long way from achieving financial independence themselves, and, like the rest of us, haven't fully recovered from the Recession. While there are dozens of companies who say they want to help Boomers sort out these problems and plan for retirement, the Boomers aren't buying. Our own research confirms what others have found: at least two-thirds of …
  • ENGAGE:BOOMERS
    ECommerce Redefines The Digital Divide
    Having spent the last five years working with the 50+ market, I've experienced both the upside and the downside of 50+ marketing. I've witnessed smart marketers generate revenue and increase share by directly and intelligently targeting older consumers, and I've also heard a variety of excuses for ignoring this market. The most recent one goes something like this: "We're using digital media, and we can't reach older consumers online. Those who are online don't know what they're doing beyond email."
  • ENGAGE:BOOMERS
    Go With The Grain Of The Brain
    Last year, my colleague and mentor, the late David Wolfe, recommended I read a book by British neuropsychiatrist Iain McGilchrist. "The Master and His Emissary: The Divided Brain and the Making of the Western World" is the title. I've read several books on how the mind works, including "How We Decide" by Jonah Lehrer and "The Mature Mind" by Gene Cohen. Although clearly not a neuropsychiatrist, I've tried to keep current with brain science.
  • ENGAGE:BOOMERS
    Automobiles: Next Aging-In-Place Frontier?
    We often talk about "the conversation" between adult children and elderly parents when it comes to staying in the family home or relocating to a retirement community. But one conversation that often prompts such a decision is the ability (or inability) to operate a vehicle.
  • ENGAGE:BOOMERS
    Presidential Election, Baby Boomer Careers, And Health
    People ages 47 to 66 turn to the internet on a daily basis for information on health, technology, politics, travel, books, pets and insert any topic here. Baby Boomers spend more time on line each month than Gen X or Gen Y, researching, connecting and spending more money. The Boomer consumer holds 70% of the U.S. disposable income, and 70% of them show up to vote. Which brings me to the presidential election. There will be close to $200 million spent online the next 50 days to sway votes in the election.
  • ENGAGE:BOOMERS
    Lifestage Marketing At Its Best: From Kimberly-Clark And Poise
    While I've written here recently about the things that bra marketers and clothing stores do to capture business from Boomer women, I never imagined that I'd be finding a best-in-class case study on Boomer marketing from a brand of panty liners.
  • ENGAGE:BOOMERS
    The '5 Whys' - A Process That May Increase Market Share In Baby Boomer And Older Markets
    On April 16, Robert Rose published an article for the Content Marketing Institute describing a concept in problem solving called the "5 Whys." Developed by Sakichi Toyoda, it was originally used within Toyota Motors during the evolution of its (now) famous Toyota Production System. It has since been adopted by a number of project management and other processes e.g., Six Sigma.
« Previous EntriesNext Entries »