This stage is also called the “empty nest”. Researchers have broken empty nest down into two sections: empty nest 1 and empty nest 2.
Empty Nest 1 Post-parenthood has different effects on different parents. It could either be positive or negative, but for lots of parent it just gives them the chance to do everything they couldn’t before. In this stage most families have less expenses which grants them the opportunity to take longer vacations and much more.
Empty Nest II
The parents are living in an empty household. All of the children have moved out and are on their own. This usually involves mostly retired couples who live off of their investments and social security. This stage of adults is very important to marketers because senior citizens spend most of their time vacationing therefore, offering them vacation packages is usually a big money maker for entertainment marketers. …show more content…
They are lesser targets for marketers because they usually have lower income and they spend less.
Statistics
This image shows the rate of spending as it relates the different phases in the life cycle. As you can see as the house begin to decrease in capacity the less money is being spent out. Therefore expenses are diminished and some marketers suffer from that.
Conclusion
The Family Life Cycle is no longer the ordinary for American families today. In fact the non-family families are persistently rising and it makes it harder to be set into particular groups. With the majority of this being said it is still a broadly utilized way to organize families. The life cycle experiences a significant number of stages. As we saw, It starts with bachelorhood then moves to marriage. The marital stage more often than not prompts parenthood, post parenthood and it closes with dissolution.
As we become more experienced, we are moving constantly beginning with one stage then onto the following, moving from an early on buying behavior focusing just on ourselves to create a more careful one, by considering our needs and the needs of our