Marketing to Mature Consumers: Ten Things You Need to Know


Many marketing campaigns targeting older audiences yield poor results because they rely on stereotypes and concepts that are disconnected from reality. Understanding the mindset of older consumers is essential for connecting brands and products. The 10 aspects listed below come from international literature, as there is virtually no knowledge about the behavior of Brazilian senior consumers. Even so, it's highly recommended that marketing strategists—interested in attracting 57 million Brazilian tourists over 50, people with R$2 trillion in their wallets to spend every year—take these aspects into consideration:


An older shopper might seem stingy when asking for a discount at a store just before driving off in an imported car. This isn't evidence of contradictory behavior, but an example of point 9: in some purchases, price matters. When purchasing desirable items, the value the consumer attributes to the good matters. On the same trip, a customer might choose to pay for the cheapest plane ticket but choose a high-end hotel. Spending two hours on a plane isn't exactly a tourist experience. The customer probably travels frequently and sees the plane as a mere means of transportation. But the hotel is part of their imagination for a relaxing and enjoyable trip. It's where they choose to invest more.

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Author: Fabio Nogueira

Fabio Nogueira is the CEO of the Longevity Observatory. Nogueira studied civil engineering at the Polytechnic School of the University of São Paulo...


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** Every article in which the author presents and defends his ideas and opinions, based on the interpretation of facts and data, does not necessarily reflect the opinion of the São Paulo Mais Perto program.


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