Like any demographic, the senior citizen market in developed countries
is a huge market with enormous amounts of money to spend. Online marketers face difficulty in
targeting this demographic because of their limited use of the internet. There are some ways they can do so.
a)
define
what their elderly demographic means. Is
this everyone 50+, 60+, 70+, etc. This
is important as there are significant differences between these age segments in
terms of statistically significant differentiators and also formative
experiences (the great depression, the 2nd world war, etc). Also, women have longer life expectancies
than men and as the targeted age increases the sex ratio also changes.
b)
identify different
needs of the elderly. While younger
generations are more fadisn and are receptive to new things, older generations
are drawn to concepts of value.
websites which the elderly frequent.
These would include sites like the AARP or others related to retirement,
age related health issues, etc.
c) market to the baby boomer children of the elderly, who would then
pass along the messages to their parents.
d) make text more easily readable and reduce the number of add-ons and
bells and whistles on a site. The
elderly are less digitally savvy than their younger counterparts and designing
a site for them means simplifying the interface and presentation of the
content. Simplify the navigation of a
site.
e) ensure that graphics and media relate to the elderly demographic… Use stock pictures of older people is better
than using younger ones.
f) It is important to understand that seniors have different browsing
habits and email reading habits than their younger counterparts. Younger people will bounce around between
webpages and content faster, where as older demographics will stay longer and
view fewer pages. As anyone who has
watched their parents read email can attest, they’re also more likely to spend
longer time reviewing emails before deleting or disregarding them. So email can be a more effective medium of
engagement.
g) Many seniors also lived through different times than current younger
demographics. Some might be more
receptive to things like convenience, risk aversion, and value (as opposed to
newness, or extra features, etc), and thus such ideals and themes should be
emphasized in content. They are also
more likely to be risk adverse, and scare tactics (in political advertising,
for example) are effective.
Senior citizens segment of the population represent a huge untapped market that has the financial means to remain independent in their later years. Seniors have higher education, independent sources of income and have even access to the internet and read print media. Seniors do not think about their age in general. Older people do not think of themselves as old. Advertising that talk to their active lifestyle rather than to or about his age tends to be most prevalent. I have seen that older people tend to shy away from marketing that shows old age in a negative light. Older people can be motivated to buy new products, services and even technologies.
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