Related News Articles

05/21/2017

Elder concierge services, a way for the semi-retired and fully retired to continue to work.

05/19/2017

Creepy?  Google is scanning the content of your messages to second-guess what you might say in reply.

05/19/2017

Not enough contractors to remodel all of the homes that will need it.

05/18/2017

When it occurs, it can be alleviated: It’s a mutable psychological state.

05/15/2017

Free phone calls and check up on services.

Meet or hear Laurie in one of the following:

Washington, June 5, 2017

Boston area, June 10-30, 2017

Seattle, WA, July 10-12, 2017

PERS Summit, Park City Utah, September 26-28, 2017

Market Overview for Technology for Aging in Place

You are here

Boomer-Senior Tech Business

Title: 

Boomer-Senior Tech Business

Aging Technology Alliance Launches AgeTek.org

04/26/2011


New website and blog supports members of home health technology companies and consumers seeking aging-in-place and senior-friendly products


San Francisco, CA (PRWEB) April 26, 2011

University research programs -- help make commercialization reality


Cathedral builders still wanted.  Nearly three years ago, in my naive tiptoeing into the tech market for aging in place, I wrote a dismayed blog post about how so many universities have age-related research programs that design and then evaluate efficacy of technology and older adults -- and then disappear when the students move on. Despite a then-slumping economy since October 2008 when that was written, there are still plenty of research programs that live on (see MIT AgeLab), studies have been done to prove efficacy and effectiveness of technologies to help people age in their own homes. So here's another research effort, this time through the University of Missouri and an associated independent living complex called Tiger Place. Nice work has been done to validate that passive sensor technology in conjunction with nurse care coordination can help keep at-risk seniors out of nursing homes (not unlike the Philadelphia PACE project with Healthsense). Intellectual property commercialization into products is not part of the Missouri project, however. In my conversation with lead researcher Marilyn Rantz, she noted her hope that prospective commercial vendors will come forth to license the AgingMO work for future products. 

Let's ask a journalist -- why don't older adults buy cool tech?

Do condescending headlines make readers loyal? Rant on. It's just a bit ironic, don't you think, within a single week to see both CNN Money (States Kick Grandma to the Curb) and Smart Money (Now in Vogue: Grandpa's Gadgets) join last year's New York Times' Helping Grandpa Get his Tech On headline? And let's not forget the Wall Street Journal's It's a Bummer to Be a Boomer. I wonder if these headline writers go to conferences to learn how to sneer? Try substituting a few other demographic categories of your choosing in each of these phrases and see how they sound. The mindlessness of so-called journalism is a distraction -- and no doubt deflects venture capitalist attention from what could be a remarkable opportunity if only it received clear-headed attention from journalists, investment analysts, advertisers and all of the other folk who help shape market interest. One of the dilemmas about this lack of interest is that the very products that get journalists all excited (like the non-stop drooling about the iPad) can be turnoffs for a variety of reasons that could include price, form factor, weight, functionality -- who knows? No one has bothered to survey why older adults aren't lined up outside the store. Probably because they didn't see themselves among the iPad's young, ad-click happy males -- even though the product might be useful to them as a primary computing device?

Bridging the tech boomer-senior-market divide

2012 ALTY Blog Award Nominee

2011 pushes one demographic segment into the next -- confounding marketers.  The terms 'seniors' -- and senior citizens, elderly, aged, older adults -- and various other monikers have been around for a long time. But it's a new year. This year, as 10,000 per day (680,000 this year so far) of those trend-shaking baby boomers turn 65 and become eligible for Medicare, seize on any remaining 'senior citizen' discounts, and view next year's eligibility to take full Social Security, the pre-senior baby boomer population will dwindle by more than 3 million. And so on for the next 18 years.  How can marketers straddle both sides of the boomer-senior divide at the same time? Perhaps they will attempt euphemistic subtlety - especially since everyone knows that baby boomers don't want to see themselves as old (or as represented by any of the above terms). So step one for vendors -- stop describing and marketing products by age category, so required and peculiar to the tech industry. Unlike cars, light bulbs, washing machines, radios, even bicycles with comfortable seats, where vendors don't know who might buy them, they market to all ages to be safe.

Pages

Subscribe to RSS - Boomer-Senior Tech Business

login account