1st Edition

Boomer Marketing Selling to a Recession Resistant Market

By Ian Chaston Copyright 2009
    278 Pages 44 B/W Illustrations
    by Routledge

    278 Pages 44 B/W Illustrations
    by Routledge

    Baby boomers (consumers in the 50+ age bracket) are the wealthiest, fastest growing consumer group in the world. Despite this, the vast majority of marketing spend is focused on much younger people.

     

    Recessions always dampen consumer spending, but in the 21st century’s first recession, the decline in spending among the younger age group has been amplified by excessive borrowing and collapsing house prices. More so than ever before, the current global recession highlights the need for firms to revise their marketing strategies and practices in order to remain competitive. In this book, Ian Chaston uses original case material to propose strategic solutions that take advantage of the moneyed segments of the maturing boomer market. Key topics covered include:

     

    • Marketing errors made by UK banks in the current global crisis
    • Market research
    • Customer targeting
    • Marketing strategies and pricing innovation
    • Promotion and distribution

     

    A world first, Boomer Marketing is useful for students of marketing and consumer behaviour and is essential reading for practitioners who understand the need for money-oriented marketing.

     

    Additional lecturer material available at www.routledge.com/9780415489638

    1. Financially Attractive Markets  2. Opportunity Research  3. Market Assessment  4. Internal Capability  5. Customer Identification  6. Strategy  7. Innovation  8. Promotion  9. Pricing and Distribution  10. Health and Beauty  11. B2B Marketing  12. 21st Century E's

    Biography

    Ian Chaston is Managing Director of Plymouth University’s spin off company and a Research Professor at Centrum Catolica, Peru. He has a wealth of international experience in marketing and has authored 12 books and over 100 journal articles.