Media and Advertising
What images do your older
customers relate with or aspire too? What are their fears, their dreams?
Effective advertising to an older market isn't about simply increasing
the type size in your ads -- although depending on your target customers,
that may help. Effective advertising starts with an intimate understanding
of your customer and the media they choose, and then creating a relationship
to reach them on an emotional level. Do this and you're effectively
reaching your customer. While it is a common practice for advertisers
and many media companies to target and concentrate on adults 25-44,
they are missing out on a large portion of the population - the 50+
market. Consider the following:
Newspapers:
- 34% of all newspaper readers are 55+
- 66.3% of adults 55-64 and 67.6% of adults 65+ read newspapers on
a daily basis, the two highest penetration percentages based age group
- 35% of readers of the business section are 55+
Television:
- 85% of adults 55+ watch television on an average weekday
- 24% of all cable subscribers are 55+
Radio:
- 74% of adults 50+ listen to the radio on the average weekday 27%
of these listen to radio at least 3 hours a day
- Adults 50+ prefer the Adult Popular Standards format more than 21
% greater than any other radio form
Internet:
- There are an estimated 7 million adults 50+ using the Internet
- Adults 50+ are 30% more likely than adults 18-45 to order goods
and services over the Internet
- During the holidays, online shoppers spend an average of $1,819
compared to the average shopper's total of $629
(Sources: Arbitron in cooperation with the Radio
Advertising Bureau,
Selling to Seniors)