HDTV Tops Baby Boomers’ Technology Wish List

HDTV Tops Boomer's Technology Wish List

 

Baby boomers’  love affair with technology continues and they plan to keep buying new technology. 

The question for retailers is when.

New research from the Consumer Electronics Association shows what those in their 50s and 60s have on their technology wish list.  A couple differences among the top five demonstrate that  buying behavior of younger and older boomers are not the same.

In their 50’s:

1. HDTV
2. Laptop
3. Cell phone
4. Desk top computer
5. GPS

In their 60’s they want to buy

1. HDTV
2. Laptop computer
3. Cell phone
4. Digital camera
5. Desk top computer

The list is in order of preference and based on intent to purchase in the next 12 months.

What’s new in technology for boomers will be featured on a panel at the What’s Next Boomer Summit (www.boomersummit.com)  Hear from executives at Verizon, HeartMath (its emWave Personal Stress Reliever won the people’s Choice Competition at CES) and Microsoft.

The research also demonstrates that buying behavior differs among older and younger boomers.  Mark Schofield from Keating Magee  will be presenting new research on what older boomers want.  Jody Holtzman from AARP will be talking about what younger boomers are interested in and what drives their buying behavior. The panel, moderated by Mary Furlong, will also look at new opportunities for business in the boomer market space. It’s business intelligence that can help drive marketing strategy and sales.

The Greying Gadgets: How Older Americans Shop for Consumer Electronics study was conducted online to a national sample of 3,135 U.S. adults during November 2008.  The study was a collaboration between CEA and TNS Compete with TNS Compete fielding the study to their online consumer panel. http://www.competeinc.com/news_events/pressReleases/221/