Understanding the Needs of Older Consumers
A prerequisite to effective marketing is knowledge about consumer needs and how to best satisfy them. This chapter informs the reader about the biophysical, psychological, and social changes that people are likely to experience with advancing age, including age-related changes in lifestyles. It expl...
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th-mahidol.876832023-06-29T00:14:35Z Understanding the Needs of Older Consumers Moschis G.P. Mahidol University Business, Management and Accounting A prerequisite to effective marketing is knowledge about consumer needs and how to best satisfy them. This chapter informs the reader about the biophysical, psychological, and social changes that people are likely to experience with advancing age, including age-related changes in lifestyles. It explains how these changes create new needs, or intensify existing ones, prompting the aging consumer to change his or her consumption patterns. The chapter presents information based on research and aging theories from various disciples to help the reader understand reasons for differences in behaviors of people in various age groups and cohorts. To help practitioners understand the importance of these changes for business practice, examples of implications of these changes are also presented. 2023-06-28T17:14:35Z 2023-06-28T17:14:35Z 2022-01-01 Book Chapter Management for Professionals Vol.Part F379 (2022) , 19-42 10.1007/978-3-031-13097-7_2 2192810X 21928096 2-s2.0-85161960606 https://repository.li.mahidol.ac.th/handle/123456789/87683 SCOPUS |
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Business, Management and Accounting Moschis G.P. Understanding the Needs of Older Consumers |
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A prerequisite to effective marketing is knowledge about consumer needs and how to best satisfy them. This chapter informs the reader about the biophysical, psychological, and social changes that people are likely to experience with advancing age, including age-related changes in lifestyles. It explains how these changes create new needs, or intensify existing ones, prompting the aging consumer to change his or her consumption patterns. The chapter presents information based on research and aging theories from various disciples to help the reader understand reasons for differences in behaviors of people in various age groups and cohorts. To help practitioners understand the importance of these changes for business practice, examples of implications of these changes are also presented. |
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Mahidol University |
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Mahidol University Moschis G.P. |
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Book Chapter |
author |
Moschis G.P. |
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Moschis G.P. |
title |
Understanding the Needs of Older Consumers |
title_short |
Understanding the Needs of Older Consumers |
title_full |
Understanding the Needs of Older Consumers |
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Understanding the Needs of Older Consumers |
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Understanding the Needs of Older Consumers |
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understanding the needs of older consumers |
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2023 |
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https://repository.li.mahidol.ac.th/handle/123456789/87683 |
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1781416054699851776 |