National Association for Christian Women in Business
What are Boomers spending their money on these days? The answer could be lenghty but here are five areas where Boomers are spending significant dollars. Since Boomers are less likely to move into a traditional mode of retirement like the generation before them, they will need products and services that help them continue living a healthy and active life.
If someone had a billion dollars and offered to give you some, would you take the time to build up the professional reputation needed to work with that person? Well, that's what's happening when it comes to the Baby Boomer consumer market. This group is a billion-dollar market that's open and ready to work with Boomers and others that have the prodcuts and services they seek.
Are you developing information products that target areas of interest of the billion-dollar baby boomer consumer market? If so, you are on the right track.
The Baby Boomer consumer market presents a broad range of economic diversity. Once you establish yourself as a reputable company, you could gain a very loyal market group that's willing to stay with you for a long time.
Do you want to market to the Billion Dollar Babies - the baby boomers? If so, get "Hip" to diversity marketing. Boomers introduced the most diversity in consumer groups in the world. So expect to sharpen your skills at marketing to diverse consumer groups when targeted this demographic.
Baby boomers are the largest, fastest growing, demographic group in the world. They are distinct and smart. Even if you’re a part of this market, learn to understand the boomer group as consumers in order to succeed in business with this market.
Baby Boomers are in transition. After years of working for others including family and companies, Boomers are getting laid off or downsized; some are just on the move and trying to start over at a later age in life. This can be the time to pursue that dream venture you've always waited to do.
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