Leading-Edge Boomers Case Study

Improved Essays
Opportunities targeting to leading-edge boomers and seniors
Efficient marketing plans start with the assessment of your marketplace, and senior citizens make up a considerable portion of this demographic. Marketing to seniors involves ascertaining a relationship, building trust and providing opportunities for growth, learning and interaction. Seniors are known for developing long-term brand loyalty, so an honest and forthright approach is important to reaching this vital segment of the population.
In the book “No B.S. Guide to Marketing to Leading-Edge Boomers and Seniors”, marketing experts Dan S. Kennedy and Chip Kessler offer small-business owners a tip to targeting the leading-edge boomer and senior market. In this published version of
…show more content…
Leading-edge boomers will remain in family leadership for some time to come.
John Martin, CEO of The Boomer Project, predicts that boomers lead more households than any other generation. By this can be understood, in coming years, the boomer will be at the epicenter of household, health-care, financial, and other resolutions for his own family, his boomerang adult kids who've moved back in, and his senior parents, who've also moved in.
Therefore there some suggestions to make adaptations by many industries -- home remodeling leaps to mind -- to capitalize, and a whole new field of multifamily household services and family-leader support services. Family therapists, life coaches, a new wave of personal growth seminars, a spate of self-help books, a new kind of financial planner, new designs in refrigerators, garage storage. . . what else?
2. Dragged, kicking and screaming, or seeking ways to ease life’s burdens, or seeking new social and entertainment options, leading-edge boomers and seniors will get more and more wired.
We suppose this to be pushed forward as physical-world services become less available and bear surcharges, overwhelming and even forcing acceptance of online services. Boomers will be guided into acceptance, dissatisfied or not, of conducting their business, doing their banking, interacting with their doctors and much, much more

Related Documents

  • Decent Essays

    Baby Boomer Case Study

    • 180 Words
    • 1 Pages

    2.3.1 Baby Boomers’ Resources (Mobile TRAVEL Application) ‘Baby Boomers’ are forty plus year olds that were born post World War II and as they age their attention to health rise; they are also the more affluent demographic as they delayed having children and getting married; they have a tendency to buy quality (Wang and Hunter, 2011). Hunter and Worsley (2009) concluded that the retiring baby boomers even with a reduced income would not sacrifice spending on general well-being and would instead make cuts elsewhere. Baby boomers behold a reduced importance on convenience and therefore will spend more time on purchasing decisions (Worsley, Wang and Hunter, 2011). Mogilner (2009, p.220) backs up that ‘consumer’s expenditure of time carries a…

    • 180 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Kelsie Dodd Economics I Current Event 11/29/16 Boomers, Gen X-ers and Their Retirement Summary of Article: In the article I read, it covers the topic about the baby boomers and Gen X-ers concerns for their retirement plans. Half of those generations have claimed that they are concerned they will not be able to retire at their desired time. The concerns were more common with women as they were concerned if they would be financially able to do so (retire).…

    • 250 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Summary #2: “Baby Boomers: Every Silver Lining Has a Touch of Grey” In Paul Hyman’s essay, “Baby Boomers: Every Silver Lining Has a Touch of Grey,” the author analyzes the ways of managing money, monetary concerns and retirement contemplations of the children of postwar America in the U.S. As per a report by CNNMoney.com, a quarter of working class Americans is extremely negative about their investment funds and plan to defer their retirement until eighty years of age. Likewise examined is the manner by which advertisers can conform their procedures as per the states of mind of the people born after World War II. With educated and formal diction that creates a sincere and earnest tone, Hyman hopes to reach his audience of high-end marketers…

    • 397 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Throughout civilization, there have been multiple changes in family dynamics and structure. In Changing Families: What Does the Economy Have to do With it? the one catalyst in familial change that I’ve never thought of is how technology in the home has lead to a shift in families over the last 65 years. After hearing Mr. Guner describe the change, it does make total sense. Refrigerators, dishwashers, ovens, microwaves, washer/dryer and stoves make the functions of caring for a household not only take a fraction of the time, but also lend themselves to any gender.…

    • 299 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    The Baby Boomer Movement

    • 2504 Words
    • 11 Pages

    Sixty seven rounds fired in thirteen seconds killing four and wounding nine others at Kent State in Ohio drew the attention of the whole nation and brought the focus of millions of Americans to the antiwar movement. This event on May 4, 1970, when Ohio National Guard members fired at Kent State students, forever shocked and changed the nation and made the antiwar movement a headline in newspapers everywhere. No person in the population of the United States ever thought that our own soldiers would ever shoot other fellow American citizens, let alone kill four innocent people. This incident brought the antiwar movement to new heights and attracted more people into the movement than ever before. Although there were many parts to the evolution…

    • 2504 Words
    • 11 Pages
    Improved Essays
  • Improved Essays

    For instance, some may not be able to afford home health care and could be at risk for harm and hospitalizations, then be forced to a nursing home because they cannot care for themselves. With many in this generation living longer than expected many will need help with everyday things like shopping, paying bills, dressing, bathing and meals. Though the author says “Most of this care is provided by unpaid family caregivers, whose numbers are decreasing” (Braggs & Hansen 92). There is a need for more solutions like, support and services at home providers, then many more baby boomers may have the opportunity to stay in their homes, but with such a large generation there is just not enough in the workforce to accommodate this very large generation yet.…

    • 579 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Baby Boom Research Paper

    • 1773 Words
    • 8 Pages

    By 2036, the senior populace in is relied upon to dramatically multiply and is assessed to then speak to 23% to 25% of the aggregate populace contrasted with 14% in 2009. Children of post war America and their families make up 48%, or almost half, of all US family units. 32% of two man family units are going by Baby Boomers and in three man families, 52% are driven by people born after the war. For family units with 4 or more individuals 64% have a Baby Boomer responsible for the…

    • 1773 Words
    • 8 Pages
    Improved Essays
  • Great Essays

    Baby Boomer Essay

    • 1483 Words
    • 6 Pages

    Government assistance programs liability may increase from the current status. The federal liability could rise and double from current. Many economists anticipate aging boomers to create chaos in the housing market because a large percentage will remain in his or her home versus selling it. People are concerned that as million of Baby Boomers acknowledge retirement age will hinder America’s workforce. Fear of approaching labor shortage because of Baby Boomers retirement is reality.…

    • 1483 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    The Baby Boom Era

    • 222 Words
    • 1 Pages

    It’s true what you said about how prominent the baby boom era really was. After WWII, when the soldiers returned, the population surged by millions. With this fresh inundation of babies and men returning from the war, the suburban population erupted due to the economic expansion. Veterans, wanting to settle into post-war life, began to move in masses to the suburbs. Before the war, overcrowded and meager apartments were commonplace.…

    • 222 Words
    • 1 Pages
    Improved Essays
  • Improved Essays

    1). Thus, it seems that “the most striking statistics of recent years is increasing proportion of older individuals who are maintaining their own households… Additionally, about 56% of all noninstitutionalized older persons in 2007 live alone (19 million men, 38.6 million women)” (p.8). Furthermore, Kickman and Snell (2002) stated that, “it has been estimated that the economic value of such informal care-giving in the United States reaches $200 billion a year—one and a half times the amount spent on formal care giving” (p. 854). Moreover, “this growth in elderly could lead to a precipitous drop in the number of workers per elderly if current working and retirement patterns do not change” (p. 854). All these factors will assist in determining if baby boomers will befit a boom or a bust.…

    • 1082 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Baby Boomers Ageism

    • 817 Words
    • 4 Pages

    There are burgeoning apprehensions that the baby boomers will deplete the social security resources presently being used. Meanwhile, the elderly are leading healthier lifestyles and living considerably longer lives than before. As the baby boomers approach old age, Longino predicts that there will be a crisis because “the population of the United States has aged during the entire twentieth century because the mortality rate has declined at all ages, causing life expectancy to increase” (2005:80). The rate of the U.S. population surviving into old age is quickly thriving and as it expands, “the older population itself is also aging, so the oldest portion of it is increasing the fastest” (2005:81).…

    • 817 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Aging In America Essay

    • 1768 Words
    • 8 Pages

    The Changing Demographics of Aging Seniors in America America’s senior population is experiencing considerable growth: By the year 2030, it is projected that there will be roughly 72 million seniors living in the United states, or about 1 in every 5 people (Ortman 6). The oldest of the Baby Boomers became a part of the over 65 segment in 2011, and will continue to age and add to the senior population over the next 20 years (Frey 28). This increase in senior population will significantly affect planning by policy-makers, as stated by Rosenberg (134). The ratio of caregivers to seniors is decreasing: during the decades from 2010 to 2030, caregivers aged 45 to 65, will only increase slightly, while the number of seniors 80 and older will multiply…

    • 1768 Words
    • 8 Pages
    Improved Essays
  • Superior Essays

    Aging: A Cultural Analysis

    • 1017 Words
    • 5 Pages

    Throughout the process of aging, different cultures perceive aging in their own individual ways. Culture can play a huge role in which one ages and how society is to view those who age. However, each culture has its own beliefs about growing old and what specific roles older people play in the society they are a part of. With a rapid increase in the older population, society has changed to meet the needs of the elder population. The rapid increase in the older population is due to the fact that people are living longer.…

    • 1017 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Essay On Ski Rossendale

    • 784 Words
    • 4 Pages

    Positioning There are many different types of positioning strategies Ski Rossendale can use such as position by price/ quality; position by user or position by attributes or benefits. Position by price/ quality:- Find out how our expert essay writers can help you with your work... Currently Ski Rossendale charges one of the lowest price of all its competitors regarding use of the slopes.…

    • 784 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Essay On Midlife Crisis

    • 703 Words
    • 3 Pages

    Roles change, expectations change, and life are always reevaluated as we progress. Instead of caring for our children in the young adult stage, we care for our parents. We begin to realize all the dreams we had in our 20’s we have not accomplished. We can elect to take on that new challenge to accomplish the goal set 20 years ago. We are more seasoned in life and judgment and begin to make decisions that are in our best interest instead of our family’s best interest, such as changing careers.…

    • 703 Words
    • 3 Pages
    Improved Essays