Marketers…Make Way for Senior Millennials
I want to be just like my Dad when I get to his age. I often call him my Millennial Dad because he’s smart, active, eager to learn new things, connected and engaged with life here and in his native country…and has all the wisdom of an older soul to boot. Today’s Boomers (50-64) and Greatest Generation (65+) lead very active lifestyles, which got me thinking why aren’t brands advertising more to aging consumers who have lots of money and are prime targets for their products? I have been in advertising for many years now and have worked across a variety of categories including automotive, fast food, financial services, insurance, cable, telecom, and CPG and the coveted marketing target has always been adults between the ages of 18-49. I think it’s time that changed. Yes, the 18-49 cohort represents the largest percentage of the population but the 50+ market is not only growing in size and influence, they also have more economic clout. In Hispanic advertising, the 50+ populati...