The marketing term ‘Silver Tsunami’ – what it is and how to prepare for it?
In well-developed countries a consumer above 50 years old is the fastest growing target group yet the least appreciated, regularly neglected, marginalized and forgotten by marketers. The term ‘Silver Tsunami’ refers to mature consumers over 50 years old as you have probably guessed. If this whole group was homogenic, for us managers, marketers, sales, it would be too beautiful and simple. However, this unique group is the most important for us for several reasons: