Uncommon Sense: Most Baby Boomers are Not Downsizing (Quite the Contrary)
The Baby Boomer generation continues to play a major role in the housing market, as well as the U.S. economy more generally. Older households are less likely to move and purchase homes, but their sheer size and relative wealth means this generation will account for $1 out every $4 spent on new home...
Uncommon Sense: Let Your Customers Tell You What They Want to Talk About
Marketing works best when it’s not trying to sell. But if you can’t talk about what you have to sell, but a sale is what you want, what exactly do you talk about with clients and potential clients?
More Time at Home Equates to More Time in the Kitchen for Retirees
Once the novelty of retirement wanes, many retirees ask themselves: how do I fill the extra free time? As life after retirement often equates to more time spent at home, eating in can take on new meaning for older consumers who may now have more time to cook and may be more nutritionally aware than
Are We Saving Enough to Abandon Rocking Chairs for Bucket Lists When We Retire?
The word “retirement” can invoke very different emotions. Those who are on track to achieve their goals likely view it as the light at the end of the tunnel, while for those who are less prepared, it likely appears as unattainable as a carrot on a stick. As people around the world live longer...
Aging Boomers Are Set to Provide a Digital Boom to Grocery Shopping
Growing old is a fact of life, and most of us have at least a few concerns about how we’ll manage in our golden years. The biggest fears that the majority of us have pertain to not having the self-reliance it takes to care for our basic needs (58%), losing our physical agility (57%) and
Millennials Prefer Cities to Suburbs, Subways to Driveways
Millennials are the social generation, both online and in-person. As the founders of the social media movement, they’re never more than a few clicks away from friends and family. And offline, they prefer to live in dense, diverse urban villages where social interaction is just outside their front...
Consumers’ Golden Years Offer Golden Opportunities Worldwide
Around the globe, aging consumers’ needs are not being fully met. This missed opportunity for retailers, manufacturers and service providers could prove costly, as 2 billion consumers will be 60 years or older by 2050, according to the World Health Organization. In any language, that’s 1 in 5...
The Top 10 Takeaways on Worldwide Aging
The world’s population is getting older and many consumers say the world isn’t prepared for the shift. According to the World Health Organization, 2 billion people will be at least 60 years old by 2050, which raises questions and concerns for consumers as well as industries. To examine consumer...
Millennials: Technology = Social Connection
Where’s the strangest place you’ve ever used your smartphone or tablet PC? For Millennials, the real question is where haven’t they used their devices. While the Millennial generation indeed founded the social media movement, having been born directly into a new era of technology between 1977...
Respecting Elders is Good Manners, But Better Business
While age is just a number, it’s becoming increasingly important to retailers, manufacturers and marketers as shifting population trends favor the elderly. A whopping 2 billion people worldwide will be 60 years and older by 2050, according to the World Health Organization. That’s one-in-five...