AN AGING POPULATION: A COMPETITIVE ADVANTAGE FOR COMPANIES

This article focuses on one of the most currently discussed topics, the ageing population. Population aging can be discussed from different perspectives, exploring various challenges associated with it. The authors examined marketing communications from the point of view of a target group, over age...

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Main Authors: Petra Barešová, Monika Horáková, Tomáš Urbánek
Format: Article
Language:English
Published: Tomas Bata University in Zlín 2018-03-01
Series:Journal of Competitiveness
Subjects:
Online Access:https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=272&cp=
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author Petra Barešová
Monika Horáková
Tomáš Urbánek
author_facet Petra Barešová
Monika Horáková
Tomáš Urbánek
author_sort Petra Barešová
collection DOAJ
description This article focuses on one of the most currently discussed topics, the ageing population. Population aging can be discussed from different perspectives, exploring various challenges associated with it. The authors examined marketing communications from the point of view of a target group, over age 55. The main objective of this study was to find out which marketing communication tools those over age 55 prefer, including selected aspects of printed advertising. At the same time, it was examined whether there is a different gender perspective on this issue. To find out answers to the main question of this study, we conducted quantitative research by using a questionnaire survey among the population over age 55 living in the Czech Republic (Zlín Region). The results of this study were compared with the results of a previous study conducted in 2014, focusing on the marketing communication tools targeted at the 55+ group from the point of view of companies. The research results have shown that the target groups’ most effective (preferred) marketing communication tools are printed materials (leaflets and catalogues), sales promotions, competitions, club memberships, gifts, fairs, markets and fairs, and last but not least, newspapers and magazines. Based on the results, it can be said that these tools, in comparison with others, contain sufficient information that the customer can read and think about, save, and eventually return to them. At the same time, they are tools that bring a certain benefit or advantage to the customer, which can then be verified in person. If the results are compared from a gender perspective, different preferences were revealed in the selection of marketing communication tools. There were also different views on some selected aspects of printed materials. These findings can be implemented by companies and organizations in their marketing campaigns, allowing them to better reach the target group of people over age 55. Focusing on new markets, including a new, forward-looking target group, can give companies a competitive edge.
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spelling doaj.art-68750539c1404a8887c466fde56c496c2022-12-21T19:24:26ZengTomas Bata University in ZlínJournal of Competitiveness1804-171X1804-17282018-03-0110152210.7441/joc.2018.01.01AN AGING POPULATION: A COMPETITIVE ADVANTAGE FOR COMPANIESPetra Barešová0Monika Horáková1Tomáš Urbánek2Tomas Bata University in Zlín, Faculty of Management and EconomicsTomas Bata University in Zlín, Faculty of Management and EconomicsTomas Bata University in Zlín, Faculty of Management and EconomicsThis article focuses on one of the most currently discussed topics, the ageing population. Population aging can be discussed from different perspectives, exploring various challenges associated with it. The authors examined marketing communications from the point of view of a target group, over age 55. The main objective of this study was to find out which marketing communication tools those over age 55 prefer, including selected aspects of printed advertising. At the same time, it was examined whether there is a different gender perspective on this issue. To find out answers to the main question of this study, we conducted quantitative research by using a questionnaire survey among the population over age 55 living in the Czech Republic (Zlín Region). The results of this study were compared with the results of a previous study conducted in 2014, focusing on the marketing communication tools targeted at the 55+ group from the point of view of companies. The research results have shown that the target groups’ most effective (preferred) marketing communication tools are printed materials (leaflets and catalogues), sales promotions, competitions, club memberships, gifts, fairs, markets and fairs, and last but not least, newspapers and magazines. Based on the results, it can be said that these tools, in comparison with others, contain sufficient information that the customer can read and think about, save, and eventually return to them. At the same time, they are tools that bring a certain benefit or advantage to the customer, which can then be verified in person. If the results are compared from a gender perspective, different preferences were revealed in the selection of marketing communication tools. There were also different views on some selected aspects of printed materials. These findings can be implemented by companies and organizations in their marketing campaigns, allowing them to better reach the target group of people over age 55. Focusing on new markets, including a new, forward-looking target group, can give companies a competitive edge.https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=272&cp=population ageingconsumer behaviourmarketing communicationseffectiveness of marketing communicationscompetitive advantage
spellingShingle Petra Barešová
Monika Horáková
Tomáš Urbánek
AN AGING POPULATION: A COMPETITIVE ADVANTAGE FOR COMPANIES
Journal of Competitiveness
population ageing
consumer behaviour
marketing communications
effectiveness of marketing communications
competitive advantage
title AN AGING POPULATION: A COMPETITIVE ADVANTAGE FOR COMPANIES
title_full AN AGING POPULATION: A COMPETITIVE ADVANTAGE FOR COMPANIES
title_fullStr AN AGING POPULATION: A COMPETITIVE ADVANTAGE FOR COMPANIES
title_full_unstemmed AN AGING POPULATION: A COMPETITIVE ADVANTAGE FOR COMPANIES
title_short AN AGING POPULATION: A COMPETITIVE ADVANTAGE FOR COMPANIES
title_sort aging population a competitive advantage for companies
topic population ageing
consumer behaviour
marketing communications
effectiveness of marketing communications
competitive advantage
url https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=272&cp=
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