The Attitudes of Elderly People Towards Traditional and Innovative Delivery Channels of Financial Services

The growing participation of elderly people in the structure of the population is posing new challenges for companies offering products to them. Financial services are an example of such products. Insurance and bank services offered to elderly people through traditional and modern delivery channel...

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Main Author: Bogumił Czerwiński
Format: Article
Language:English
Published: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego 2016-06-01
Series:Problemy Zarządzania
Subjects:
Online Access:https://pz.wz.uw.edu.pl/resources/html/article/details?id=170030
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author Bogumił Czerwiński
author_facet Bogumił Czerwiński
author_sort Bogumił Czerwiński
collection DOAJ
description The growing participation of elderly people in the structure of the population is posing new challenges for companies offering products to them. Financial services are an example of such products. Insurance and bank services offered to elderly people through traditional and modern delivery channels are a subject of the present text. Based on the literature review two research hypotheses were formulated: H1: socio-demographic characteristics of people over 50 years old affect their preferences as for using insurance services through traditional and modern distribution channels and H2: socio-demographic characteristics of people over 50 years old influence the availability of financial services perceived by them. The verification of the constructed hypotheses was carried out on the basis of research conducted among 1498 people aged 50+ from the northern Poland. Moreover, recommendations are included in the article for the economic practice serving better adaptation of the market offer to expectations of customers of financial services.
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spelling doaj.art-499821f88787475f9804bc7e334dadfc2022-12-22T03:30:24ZengWydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu WarszawskiegoProblemy Zarządzania1644-95842300-87922016-06-01142(59) t.1156170DOI:10.7172/1644-9584.59.10The Attitudes of Elderly People Towards Traditional and Innovative Delivery Channels of Financial ServicesBogumił Czerwiński0Politechnika Gdańska, Wydział Zarządzania i Ekonomii, Katedra MarketinguThe growing participation of elderly people in the structure of the population is posing new challenges for companies offering products to them. Financial services are an example of such products. Insurance and bank services offered to elderly people through traditional and modern delivery channels are a subject of the present text. Based on the literature review two research hypotheses were formulated: H1: socio-demographic characteristics of people over 50 years old affect their preferences as for using insurance services through traditional and modern distribution channels and H2: socio-demographic characteristics of people over 50 years old influence the availability of financial services perceived by them. The verification of the constructed hypotheses was carried out on the basis of research conducted among 1498 people aged 50+ from the northern Poland. Moreover, recommendations are included in the article for the economic practice serving better adaptation of the market offer to expectations of customers of financial services.https://pz.wz.uw.edu.pl/resources/html/article/details?id=170030elderly peoplefinancial servicesdelivery channels
spellingShingle Bogumił Czerwiński
The Attitudes of Elderly People Towards Traditional and Innovative Delivery Channels of Financial Services
Problemy Zarządzania
elderly people
financial services
delivery channels
title The Attitudes of Elderly People Towards Traditional and Innovative Delivery Channels of Financial Services
title_full The Attitudes of Elderly People Towards Traditional and Innovative Delivery Channels of Financial Services
title_fullStr The Attitudes of Elderly People Towards Traditional and Innovative Delivery Channels of Financial Services
title_full_unstemmed The Attitudes of Elderly People Towards Traditional and Innovative Delivery Channels of Financial Services
title_short The Attitudes of Elderly People Towards Traditional and Innovative Delivery Channels of Financial Services
title_sort attitudes of elderly people towards traditional and innovative delivery channels of financial services
topic elderly people
financial services
delivery channels
url https://pz.wz.uw.edu.pl/resources/html/article/details?id=170030
work_keys_str_mv AT bogumiłczerwinski theattitudesofelderlypeopletowardstraditionalandinnovativedeliverychannelsoffinancialservices
AT bogumiłczerwinski attitudesofelderlypeopletowardstraditionalandinnovativedeliverychannelsoffinancialservices