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Senior Market
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Published on Nov 18, 2015
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MORE DECKS TO EXPLORE
PRESENTATION OUTLINE
1.
BABY BOOMERS
THE IMPACT THEY HAVE ON SOCIETY
Photo by
thinkpanama
2.
WHO ARE THEY
Born between 1946 - 1964
Very active
Make up 52% of internet users
E-commerce is becoming popular
Buying power much greater than most groups
Photo by
rileyroxx
3.
SPENDING HABBITS
They feel comfortable shopping online
Accustomed to catalogs
63.7% of seniors 65 or older use the internet to shop
This is huge considering baby boomers are 80 million strong
In five years 50% of U.S. Population will 50+
Photo by
401(K) 2013
4.
SPENDING HABBITS CONT
Seniors spend close to 50% of all CPG
But only 5% of adds are geared to this demographic
Marketers call them a sleeping giant
Within 5 years Boomers will control 70% of all disposable income
They stand to inherit 15 trillion within 20 years
Photo by
Thomas Leuthard
5.
HOW DO WE TRULY CONNECT TO OUR SENIORS
Develop an app that is strictly for seniors
Combine shopping, social media, and finance into one app
Make it convenient and fun to use
Market it exclusively for seniors
Photo by
bcymet
6.
SPREADING THE BUZZ
TV adds are important
Advertise online
Social media
Photo by
balaam
7.
AGING POPULATION EQUALS HUGE $$
Photo by
miggslives
Ryan Essary
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