Over-50s – Now There’s A Market For You (Really!)

For advertisers, “neglect of the 40 per cent of adult population over 50 – sometimes known as the grey market – is nothing new.” But why? “Eighty per cent of the country’s wealth is controlled by the over-50s but 95 per cent of adspend targets people under-50; 86 per cent of over-50s say they don’t relate to most current advertising yet, for example, 66 per cent of new cars are bought by people over-45. The over-50s in employment outspend their under-50 counterparts by 20 per cent. And over the next 20 years the over-50s market in the UK will grow by 30 per cent, while the under-50s market will shrink by 5 per cent.”