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US demographics Changing- rural to urban society, Population with more of young and old
population but less middle aged population- affecting the consumer behavior greatly.
Purchasing power of aged population-comprising of a huge part of population ignored by most
decision makers…no substantial efforts were made to understand the needs and wants of this
class
Primary level research has been on 65+ age people- focus was on the type and size of goods
produced-not on the process of shopping behavior itself
Objective of research:
o Consumer profile of low income senior citizen-preferred for shopping, they shop alone
or with relatives, and the extent of in-home shopping
o Sources of information before buying products
o Distance travelled to purchase
Products considered
-
Methodology-
No preference for shopping days for particular products…. Exception-1. Food (44% Friday; 18%
Saturday) Friday also preferred for purchase of medical (17.1%) and personal care(13.7%)
products
Results on mode of travel for shopping-
o Search options- limited unlike general public who have a lot of comparing options
o Importance of word of mouth- very less
Result on distance travelled-
o Generally, walking distance is preferred- < 1 mile
o For food, home furnishing, automobile- lot of people are willing to go long distances-
possible reason- shopping may be a social activity to pass tine
o Central business districts are preferred even if it is far- patterns of shopping established
in earlier life persists
Conclusions-
o Limited in-home purchases
o Personal obs. – primary source of info
o Age old buyer are well informed
o Shopping is a leisure activity
o Day shopping instead of night shopping
Final Remarks-