Innovation Behavior Towards Consumer Goods of People in the age Group 50 and Above in Germany (PDF)

Inhaltsangabe:Introduction:
1.1, Problem Statement:
It is a widely spread fact that everybody wants to become old but the fewest want to be old. But it is also a fact that we cannot stop the age. It may exist ways and means to keep your mental and physical skills in a good shape but with every day we will become older one day anyway. The only alternative of getting older by the way doesn¿t seem to be much tempting why people accept the tide someday. What in this case only is concerning the single one also applies to whole societies. ¿Tomorrow¿ everybody will be older, the group of the over 50s is continuously increasing. So the aged will become more, but will they also become older mental or physically as a consequence? Nowadays, an increasingly number of seniors is more healthy and powerful than their parent generation. And they are highly attractive for companies but were disregarded for a long time when for example addressing advertisements. May it be because they are seen as less open for new products or due to the fact that they are supposed to show less involvement when confronted with advertisement. The reasons are multifarious. But the same as our society will continuously change the over 50s have also changed in their behavior.
Companies haven¿t dealt with the over 50s as a target group for a long period of time. Older people are often associated with gridlocked habits and a certain rejection to new things like already mentioned. But is this true? Do they act or react different due to their age than their younger counterparts? Are the above mentioned prejudices in fact only the opinion of some companies? This questions need to be answered especially when regarding the society change creeping over us.
1.2, Terminologies:
All relevant terms concerning the title of this thesis will be explained in the following chapters. For example, the meaning of innovation is explained in chapter 4 ¿Innovativeness¿ and the meaning of consumer good will be explained in chapter about 3 ¿Consumer Behavior¿. The idea behind this is to guarantee that the words are understood when they are needed in a logical way.
1.3, Goals and Structure of the Thesis:
This thesis aims to answer several questions. First, the reader should get a feeling for the socio-demographic change we are facing in Germany and the consequential change not only for our society but also for our economy. In the following, it should be understood the over 50s main characteristics, how they [...]