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News > Life
Canadian baby boomers feeling neglected: survey
2008-05-09 18:54:19
By Irene Kuan
TORONTO (Reuters Life!) - The baby boom generation that was
once the dominant influence on everything from fashion to
haircuts to music is getting older and feeling increasingly
ignored by advertisers, even though boomers are well-heeled and
willing to spend their money, according to a Canadian poll.
Of the nearly 2,000 Canadians between the ages of 44 and 62
surveyed online, 8 in 10 said they had the money to buy what
they want, but 4 in 10 felt ignored by advertisers.
The survey found over 70 percent of advertising dollars
were being spent to attract a younger demographic, between the
ages of 25 to 54.
"Everything that is marketed seems to be marketed though
the lens of what's cool for that younger audience," said Anne
Kothawala, president and CEO of the Canadian Newspaper
Association which commissioned the poll by Ipsos Reid.
"The boomers are the ones who actually have more money.
They're mature and they know what they want. They think of
themselves as cool and very few of the advertising dollars
available are actually being targeted directly at boomers,"
Kothawala said.
From a list of things the huge baby boom generation is
willing to spend money on, 39 percent said a vacation was their
top priority over the next year, 35 percent said electronics
and 31 percent said furniture.
Investing, new appliances, cars and computers were also on
the list, though respondents from nearly all regions of Canada
said a vacation was No. 1.
(Reporting by Irene Kuan; editing by Rob Wilson)
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