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Fifty-plus lifegroups: segmenting the grey market
Author(s)Marylyn Carrigan
Corporate AuthorDepartment of Commerce, Birmingham Business School, University of Birmingham
PublisherUniversity of Birmingham, Birmingham, February 1997
Pages37 pp (Working papers in commerce, WPC 97/03)
SourceDepartment of Commerce, Birmingham Business School, University of Birmingham, Edbaston, Birmingham B15 2TT.
KeywordsConsumer ; Social characteristics [elderly] ; Sport ; Marketing.
AnnotationChanges in worldwide demographic trends have resulted in a growth in the grey market: consumers aged over 50. Although many industries recognise the marketing opportunity this represents, there remains a general lack of understanding of the needs of the grey consumer. A common failing is the tendency to approach the over-fifties as a homogeneous, hard-to-please group. Sports centres in particular have a product which is particularly attractive to the grey consumer, but one that is often marketed inappropriately to this group. This paper examines the growing phenomenon of older consumers; identifies key issues related to understanding the fifty-plus consumer; outlines a useful segmentation approach to identify target groups within the grey market, and demonstrates how this might be applied to segmenting the over-fifties market for sports centres. (RH).
Accession NumberCPA-980113213 B
ClassmarkWY: F: HT: WU6

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