Media Outlet:
Barron's Publication Date:
Description:
Joseph Coughlin, director of the AgeLab, writes for Barron’s about how senior citizens are becoming an increasingly dominant consumer market. “Older consumers will no longer put up with companies that address only basic physiological or safety needs,” writes Coughlin. “New demands in the older market are arising from higher-level drives, such as goals, aspirations, aesthetic preferences, social needs, and talents.”