being age neutral

18
© Silver Group 2010 REMAINING RELEVANT to The Silver Market Thursday, August 5, 2010

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While the explosion of older consumers worldwide presents opportunities for new products specifically designed for them, the larger, more compelling need is to understand the physiological effects of ageing and design this into everyday products. By doing this, brands and businesses can remain relevant to their customers as they age.

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Page 1: Being Age Neutral

© Silver Group 2010

REMAININGRELEVANT

toThe Silver Market

Thursday, August 5, 2010

Page 2: Being Age Neutral

© Silver Group 2010

“OK, we know populations are

ageing….

Thursday, August 5, 2010

Page 3: Being Age Neutral

© Silver Group 2010

“.... we don’t want to become a brand for old people.....”

Thursday, August 5, 2010

Page 4: Being Age Neutral

© Silver Group 2010

“…. where to begin?”

Thursday, August 5, 2010

Page 5: Being Age Neutral

PHYSIOLOGY

PSYCHOLOGY

Thursday, August 5, 2010

Page 6: Being Age Neutral

© Silver Group 2010

DENIALThursday, August 5, 2010

Page 7: Being Age Neutral

© Silver Group 2010

Don’t call me old!How do you think, feel and behave relative to your actual age?

SilverPoll™ Jan 2009

0%

15%

30%

45%

60%

Australia ChinaIndia

JapanSingapore

HK

5 ~ 10 years younger

Thursday, August 5, 2010

Page 8: Being Age Neutral

© Silver Group 2010

the ‘new’ old

THINK FEEL LOOK

YOUNGERYOUNGERYOUNGER

Thursday, August 5, 2010

Page 9: Being Age Neutral

PHYSIOLOGY

PSYCHOLOGY

Thursday, August 5, 2010

Page 10: Being Age Neutral

© Silver Group 2010

“What aspects of getting older most annoy you”?

17%

17%

19%14%

9%

25%

Needing reading glassesGet tired more easilyNot having the physical energy and strength of my youth Being categorized as an old personThe difference between the person I am and the person I see in the mirrorOthers

SilverPoll™ Jan 2009

Thursday, August 5, 2010

Page 11: Being Age Neutral

© Silver Group 2010

Pre Teens Young Adults

Older Adults

Silvers

AGESPECIFIC

AGESPECIFIC

Silo

age-neutral

Thursday, August 5, 2010

Page 12: Being Age Neutral

© Silver Group 2010

why age-neutral?

don’t want to buy ‘old people’s’ products

expect an age-neutral purchasing experience. Not one optimised for younger people

Thursday, August 5, 2010

Page 13: Being Age Neutral

© Silver Group 2010

understand, measure, and remove the barriers with (older) customers

Thursday, August 5, 2010

Page 14: Being Age Neutral

© Silver Group 2010

Explore  /  Research Deciding  /  Shopping

Preparing  for  consump9on

Consuming

Post-­‐  Consump9on

Need  trigger

the customer journey

Are You Ready?

Thursday, August 5, 2010

Page 15: Being Age Neutral

© Silver Group 2010

making the connections

PHYSICAL

SENSORY

COGNITIVE

ONLINE

COMMUNICATIONS

PHONE SALES/SUPPORT

PRODUCT

RETAIL

18 effects of ageing

Customerjourney

An assessment

of age-neutrality+ =

operational analysisprioritised action plan

Thursday, August 5, 2010

Page 16: Being Age Neutral

© Silver Group 2010

becoming ‘age-neutral’ keeps companies relevant to customers as they age, without alienating younger segmentsphysiological ageing is relentless and

impacts:➡all customer touch points➡new product design➡marketing communications

an audit will identify the barriers

Thursday, August 5, 2010

Page 17: Being Age Neutral

© Silver Group 2010

Connecting you to the 50+ market

REMAININGRELEVANT

toThe Silver Market

Thursday, August 5, 2010

Page 18: Being Age Neutral

© Silver Group 2010

http://www.silvergroup.asiahttp://www.silvergroup.asia/blog

email: [email protected]

Connecting you to the 50+ market

Thursday, August 5, 2010