Two news items popped up in my inbox that made me question the sanity of my fellow marketers.
Item 1. “Over 50s Hit Hard by Credit Crunch”
This is a “new research says” type of item. The UK's Post Office that has been prodding the 50-plus to see how they react and come up with some astonishing revelations like - 76% of all over 50s surveyed had at least one or more credit cards. Wow
How about this: 64% of the over-70s regularly use credit cards to buy groceries. Wow squared
And then there is: a third of all respondents in the 50 and over category consider savings to be an aspiration rather than an actuality. I wonder how that compares with 24-35 year olds.
Enough of this.
Item 2. Bono TV, the German “thematic channel” (whatever that is) for viewers aged 50 years plus, will launch in autumn, although under a new name
Would you believe it, Bono, lead singer of U2, has opposed the brand as he is concerned about the protection of his own pseudonym? Now doesn’t come as a surprise.
Maybe they chose the daft name so when Bono did complain it generated publicity, or am I being too generous? Dick Stroud
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