NEWS24 October 2014
UK — A study conducted by Research Now for the over-50 online community High50 has found that just 3% of the older demographic believe advertising is aimed at them.
The research entitled ‘The 50+ Project’ asked 50- to 65-year-olds their thoughts on a range of topics including advertising, wealth, sex and lifestyle.
Among its findings were that 78% of over 50s watch three or more hours of TV a day.
And they are as adaptable to the online and digital world as younger cohorts: 78% believe that shopping online is secure with more than half shopping online once a month or more.
They are also highly active on social networks. Nearly half ( 42%) said they use social media frequently, with 28% claiming to use it daily. Facebook was the most popular, with 83% of those on social media claiming it as their most favoured social media network.
Stefano Hatfield, editor-in-chief of High50, said: “In a business climate where marketers continue to be obsessed with targeting millennials, the age group with the real spending power continues to be inexplicably ignored.”
Research Now, asked 1000 50-65 year olds their thoughts on a range of topics including politics, lifestyle, wealth, sex, marriage and dating in October 2014.
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2 Comments
Phil McCormick
9 years ago
and we have all the money, long live the bank of mum and dad!
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Janet Kiddle
8 years ago
I have been involved in researching this market place for 12 years now and instead of the situation improving it seems to be getting worse, even less people 50-65 feel targeted by advertising. When will marketers understand that they need specialist help!.
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