Age is no protection from advertising
Marketing to senior citizens Silver surfers, master consumers, best agers - people over 50 are becoming increasingly important. A guide shows how they want to be wooed.
Marketing to senior citizens Silver surfers, master consumers, best agers - people over 50 are becoming increasingly important. According to a study by Axel Springer, 82 percent of all Germans today own and use a cell phone. That is probably everyone who can and wants to make mobile calls. With such market penetration, providers can only steal cherries from their neighbor's garden. Or they are courting what they call mature customers. People over 50 are a target group with a future, and not just for mobile phone providers. Demographics prove this: in Western Europe today, one sixth of all people are 64 years old or older; by 2040, it will be a quarter. And these people have comparatively high purchasing power. No wonder, then, that more and more companies are courting them.
But are they advertising it properly? No, say Hanne and Gundolf Meyer-Hentschel. The two German market researchers, who are regarded as pioneers of senior citizen marketing in Europe, criticize retailers, service providers, marketers and advertisers alike. Their criticism in a nutshell: products, services and the advertising for them are not appropriate for the target group.
But they also show who does it better and how. Take Beiersdorf, for example. The German cosmetics manufacturer recognized as early as the mid-1990s that older people not only shop more frequently than before, but also know exactly what they want. Beiersdorf therefore launched a skincare range for people with "mature skin" - a big hit, especially with women.
Not only manufacturers, but also retailers can learn a lot. For example from Adeg, an Austrian supermarket chain that has two stores called "50plus". There, the price tags are larger, there are magnifying glasses or reading glasses at the entrance and the shopping carts have brakes. In addition, all employees are over 50 and therefore understand the concerns of their customers.
According to the Meyer-Hentschels, this is the key to success: if you understand your target group, you can serve them properly. This is because older people are more experienced and therefore more demanding; they want to be informed in an understandable way and only buy what is useful to them. They place less value on image and corresponding campaigns.
Anyone interested in the topic (and the trend) will be well served by this guide. On 56 pages, the authors summarize the most important knowledge from practice, theory and their 824-page "Handbuch Seniorenmarketing". The booklet looks like
a diploma thesis, but the content is convincing.
> Senior marketing by Hanne and Gundolf Meyer-Hentschel. Business Village, Göttingen 2004. 56 pages, 35 francs.
But are they advertising it properly? No, say Hanne and Gundolf Meyer-Hentschel. The two German market researchers, who are regarded as pioneers of senior citizen marketing in Europe, criticize retailers, service providers, marketers and advertisers alike. Their criticism in a nutshell: products, services and the advertising for them are not appropriate for the target group.
But they also show who does it better and how. Take Beiersdorf, for example. The German cosmetics manufacturer recognized as early as the mid-1990s that older people not only shop more frequently than before, but also know exactly what they want. Beiersdorf therefore launched a skincare range for people with "mature skin" - a big hit, especially with women.
Not only manufacturers, but also retailers can learn a lot. For example from Adeg, an Austrian supermarket chain that has two stores called "50plus". There, the price tags are larger, there are magnifying glasses or reading glasses at the entrance and the shopping carts have brakes. In addition, all employees are over 50 and therefore understand the concerns of their customers.
According to the Meyer-Hentschels, this is the key to success: if you understand your target group, you can serve them properly. This is because older people are more experienced and therefore more demanding; they want to be informed in an understandable way and only buy what is useful to them. They place less value on image and corresponding campaigns.
Anyone interested in the topic (and the trend) will be well served by this guide. On 56 pages, the authors summarize the most important knowledge from practice, theory and their 824-page "Handbuch Seniorenmarketing". The booklet looks like
a diploma thesis, but the content is convincing.
> Senior marketing by Hanne and Gundolf Meyer-Hentschel. Business Village, Göttingen 2004. 56 pages, 35 francs.
Roger Hausmann
