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EXCITING
BUSINESS ABOUT

  THE SILVER
   MARKET
  Connecting you to the 50+ market
the
ENEMY

  is

APATHY
“MY PERFORMANCE
   IS MEASURED
 EVERY 3 MONTHS.
   THE AGEING
MARKET CAN WAIT”
training workshop

the ageing market is important

the ageing market is different

  how to make money now
SELL

more things to the same people?

              or

the same things to more people?
ageing
50+ share of spend

             USA:                           EUROPE:

80% - luxury travel                45% - new cars & 80% top
74% - prescription drugs           range
51% - OTC drugs                    50% - face care/cosmetics
60% - healthcare spending          55% - coffee
41% - new cars                     50% - mineral waters
25% - toys                         50% - food oils (60% olive
                                   oils)
$7 billion online sales annually
                                   40% - yogurts & dairy
                                   products
                                   35% - travel, 80% cruises
not all the same


 demographics

    culture

    gender

   attitudes
How to connect with the 50+ market?


   1   universal design

   2   ageless marketing

   3   inclusive communications
Mapping the Experience
                                           Retail experience

   Online usability                                                             Product usability
     Call centre


                           Explore / 
                           Research                            Deciding / Shopping


            Need trigger
                           Product Experience 
                           Journey PAIN POINTS                         Preparing for 
                                                                       consumption
Cognitive dissonance


                                                                   Consuming
                              Post‐ Consumption
                                                                                     Flavour, texture
CONSUMER EXPERIENCE            EFFECTS OF AGEING


    PRODUCT

     RETAIL                     PHYSICAL

     ONLINE                     SENSORY
                      AUDIT
                          TM


 COMMUNICATIONS                 COGNITIVE

 SALES SUPPORT



BUSINESS STRATEGY
understanding the 50+ market


     1   SilverPoll

     2   Silver3D

     3   SilverOnline
SilverPoll™
              online research panel
  eight million 50+ online users in the region
enables effective and efficient research among
              50+ online communities

              Singapore      40,003
              Japan          2,011
              India          37,123
              Hong Kong      32,109
              China          3,553
              Australia      55,332


                   TOTAL =   170,131
Denial
       How do you think, feel and behave relative to your actual age?
             How do you think, feel and behave relative to your actual age?
                                                           Same or older
100%                                                       5 years or more younger

80%

60%

40%

20%

 0%
                                  ia




                                                          e
         lia




                                             n
                       na




                                                                    K
                                                        or
                                           pa




                                                                  H
                                  d
       tra


                    hi


                               In




                                                     ap
                                         Ja
                  C
     s




                                                   ng
  Au




                                                                    SilverPoll™ Jan 2009
                                                 Si
Culture clash
                           Family welfare remains priority
100%


                                                                                             Agree
                                                                                             Disagree
80%




60%




40%




20%




 0%
          Au




                           Ch




                                                                                                HK
                                            In




                                                             Ja




                                                                             Si
                                              di




                                                                                ng
                                                               pa
            st




                              in




                                                a
               ra




                                a




                                                                                  ap
                                                                 n
                 lia




                                                                                    or
                                                                                           SilverPoll™ Jan 2009



                                                                                       e
       “Even in retirement my first priority will be to ensure the welfare of my family”
Silver3D™

Compares 50+ market with younger cohorts:
  • Lifestage and Demographics
  • Attitudinal profiling
  • Behavioural profiling
  • China, Hong Kong, Singapore, Japan,
    Australia
Silver3D - Singapore
     Don't follow new                         51%
       trends easily                                  65%


Always read details on                              61%
   product labels                                          71%


 When I find a  brand I
                                                          68%
like I tend to stay with
                                                56%
            it

   Sometimes buy a
                                               55%
 product due to good
                                        43%
     advertising



                           25‐44   45‐542
Silver3D - Japan
                                              Attitudes - Japan


Always Want To Attract Attention


     Think I Am Not Very Happy


 Dont Know What I W ant To Do


             Sporty & Energetic


          Choose The Cheapest

           Dont Spend Time On
               Appearance                                                            12-29
                                                                                     30-49
       Satisfied With What I Am                                                      50+


                          Active


               Always Confident

          Very Conscious Of My
               Appearance

 Very Afraid Of Physical Decline


To Build Up My Body For Health


                                  0%    10%     20%          30%   40%   50%   60%
Online
                                              Composition of Persons 55+ Years Old
                                                Accessing the Internet By Country
                                                         January, 2009



                       Regional Average: 7.8%




Source: comScore Media Metrix, Jan 2009 Asia Pacific
Connecting you to the 50+ market



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

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Silver Age

  • 1. EXCITING BUSINESS ABOUT THE SILVER MARKET Connecting you to the 50+ market
  • 2.
  • 4. “MY PERFORMANCE IS MEASURED EVERY 3 MONTHS. THE AGEING MARKET CAN WAIT”
  • 5. training workshop the ageing market is important the ageing market is different how to make money now
  • 6. SELL more things to the same people? or the same things to more people?
  • 8. 50+ share of spend USA: EUROPE: 80% - luxury travel 45% - new cars & 80% top 74% - prescription drugs range 51% - OTC drugs 50% - face care/cosmetics 60% - healthcare spending 55% - coffee 41% - new cars 50% - mineral waters 25% - toys 50% - food oils (60% olive oils) $7 billion online sales annually 40% - yogurts & dairy products 35% - travel, 80% cruises
  • 9. not all the same demographics culture gender attitudes
  • 10. How to connect with the 50+ market? 1 universal design 2 ageless marketing 3 inclusive communications
  • 11. Mapping the Experience Retail experience Online usability Product usability Call centre Explore /  Research Deciding / Shopping Need trigger Product Experience  Journey PAIN POINTS  Preparing for  consumption Cognitive dissonance Consuming Post‐ Consumption Flavour, texture
  • 12. CONSUMER EXPERIENCE EFFECTS OF AGEING PRODUCT RETAIL PHYSICAL ONLINE SENSORY AUDIT TM COMMUNICATIONS COGNITIVE SALES SUPPORT BUSINESS STRATEGY
  • 13. understanding the 50+ market 1 SilverPoll 2 Silver3D 3 SilverOnline
  • 14. SilverPoll™ online research panel eight million 50+ online users in the region enables effective and efficient research among 50+ online communities Singapore 40,003 Japan 2,011 India 37,123 Hong Kong 32,109 China 3,553 Australia 55,332 TOTAL = 170,131
  • 15. Denial How do you think, feel and behave relative to your actual age? How do you think, feel and behave relative to your actual age? Same or older 100% 5 years or more younger 80% 60% 40% 20% 0% ia e lia n na K or pa H d tra hi In ap Ja C s ng Au SilverPoll™ Jan 2009 Si
  • 16. Culture clash Family welfare remains priority 100% Agree Disagree 80% 60% 40% 20% 0% Au Ch HK In Ja Si di ng pa st in a ra a ap n lia or SilverPoll™ Jan 2009 e “Even in retirement my first priority will be to ensure the welfare of my family”
  • 17. Silver3D™ Compares 50+ market with younger cohorts: • Lifestage and Demographics • Attitudinal profiling • Behavioural profiling • China, Hong Kong, Singapore, Japan, Australia
  • 18. Silver3D - Singapore Don't follow new 51% trends easily 65% Always read details on 61% product labels 71% When I find a  brand I 68% like I tend to stay with 56% it Sometimes buy a 55% product due to good 43% advertising 25‐44 45‐542
  • 19. Silver3D - Japan Attitudes - Japan Always Want To Attract Attention Think I Am Not Very Happy Dont Know What I W ant To Do Sporty & Energetic Choose The Cheapest Dont Spend Time On Appearance 12-29 30-49 Satisfied With What I Am 50+ Active Always Confident Very Conscious Of My Appearance Very Afraid Of Physical Decline To Build Up My Body For Health 0% 10% 20% 30% 40% 50% 60%
  • 20. Online Composition of Persons 55+ Years Old Accessing the Internet By Country January, 2009 Regional Average: 7.8% Source: comScore Media Metrix, Jan 2009 Asia Pacific
  • 21. Connecting you to the 50+ market http://www.silvergroup.asia http://www.silvergroup.asia/blog