Targeting the senior market? If so, you should already know
that...
Unlike previous
generations, baby boomers have adopted new attitudes and lifestyles. This
diverse generation born in the 1946-1964 range enjoys a varied range of
activities from workouts and aerobics to listening to music.
Baby boomers are
known to do things differently in order to accommodate their needs; this
however does not mean that they are uncooperative either at home or at work.
Here are a few past times that appeal to this generation of “Beatlemania” and
bell bottoms.
Staying fit
Baby boomers tend to
focus on feeling young and healthy. Playing sports and hitting the gym are very
important in combating health complications and helping them stay and feel
young and active. They participate in different activities both group and
solitary such as golf jogging, aerobics, tennis and walking. They are also
known to take their exercises a little to the extreme, something that has been
coined as “boomeritis”. This has resulted to straining their aging bodies
leading to a surge in knee and hip replacements.
Enjoying music
For a generation that
popularized rock n’ roll and attended Woodstock, music will remain a very
significant part of their life. This is the reason baby boomers still enjoy
their music. It is a feeling of nostalgia for them, going for concerts and
listening to good tunes. Over 25% of music sales in 2006 were accounted for by
baby boomers. The music industry caters to them as a profitable demographic.
Most of them own iPods and mp3 players showing that they still constitute a
significant part of the music industry.
Extreme sports
Individuals in this
generation are more adventurous as compared to their parents. Sky diving and
other competitive sports appeal more to them than staying grounded. Sources
state that baby boomers get involved in more extreme sports such as sky diving
rafting and paragliding regardless of how old they are. Even though they are
risk-takers, they very careful when it comes to safety measures and will
require trained guides in any of these activities.
Home improvement and DIY
DIY and home improvement
projects are very popular among this group. Improving the quality of their
homes makes a lot of sense especially for those wishing to stick with their
current homes as they age. In addition, this helps them to be self-sufficient
as activities such as crafting handmade products and gardening are quite
thrifty.
Spiritual and social
experiences
Most boomers still
strive to be active in experiences that are both spiritually and socially
meaningful. They prefer face to face interaction which is why dating, attending
social gatherings and sporting events are popular among the group.
These are important
tidbits to consider when conducting research on this market segment. Project feasibility research suggests you somehow incorporate the leisure activities of
your target market to catch them in your net.