Boundaries of the “Elder Consumer” Market in Europe ‒ the Chronological Age and the Cognitive Age of Purchasers Cover Image

Granice rynku „starszych konsumentów” w Europie ‒ wiek chronologiczny a wiek kognitywny nabywców
Boundaries of the “Elder Consumer” Market in Europe ‒ the Chronological Age and the Cognitive Age of Purchasers

Author(s): Marcin Awdziej
Subject(s): Gerontology, EU-Accession / EU-DEvelopment, Financial Markets
Published by: Instytut Badań Rynku, Konsumpcji i Koniunktur
Keywords: elder purchasers; chronological age; cognitive age;

Summary/Abstract: An aim of considerations is to analyse the usefulness of chronological age as a criterion for separation of the elder consumer market in the European Union countries. It is commonly believed that importance of this market will grow due to its dimensions; however, it is difficult to precisely determine them due to reluctance of elder consumers to be identified with their age group. The carried out surveys show that the cognitive age is a better predictor of purchasers’ behaviours than the chronological age; moreover, it allows for a better recognition of the real needs and activity of elder purchasers. The article is a review of literature.

  • Issue Year: 354/2015
  • Issue No: 1
  • Page Range: 17-25
  • Page Count: 9
  • Language: Polish