You see them everywhere you look. More socially and physically active than any previous generation in history, they carry unparalleled financial influence on our current and future society.
At one point, the media considered them the most coveted consumer in the world. Today, the 50+ consumer is perceived as unsexy, obsolete, and unprofitable.
The fact that the most sought after and valuable consumer on the planet has become The Invisible Customer with All the Money® carries far reaching ramifications. The implications affect not only the brands who ignore them but also negatively affects future generations.
And I should know. I’m not only a 50 and over consumer myself, but I co-founded a multi-million-dollar consumer product company, worked in Hollywood for over 30 years and authored three #1 bestselling books focused on the 50+ consumer.
I also wrote, produced, and hosted a groundbreaking 7-part series on how brands can learn to build lucrative, long-lasting relationships with the ever-expanding 50+ consumer market.
It wasn’t long after I began research for my first book that a distinct pattern began to emerge. The media and advertisers seemed to have decided the 50+ consumer market was no longer a profitable investment.
How can this be true? The numbers just don’t add up.
At 111 million people and growing, those in the 50 and over market are everywhere you look. Far more socially and physically active than any previous generation in history at this age, collectively they wield an unparalleled financial influence over society.
Accounting for over 50% of all consumer spending, but with only 10% of ad dollars spent to connect with them, the 50+ consumer is The Invisible Customer with All the Money™.
But don’t just take my word for it. Check out these revealing statistics: