This bubble won't burst!
You can tap into one of the world's largest and fastest-growing markets by reaching out to baby boomer and senior consumers.
In the United States alone, there are more than 108 million people over age 45 as of 2006 – a group with more than $2 trillion in annual spending power. The 78 million boomers born between 1946 and 1964 make up 28% of the U.S. population and own more than 77% of all financial assets, and the number of Americans age 65 and older is set to double by the year 2030. This is an opportunity you can't afford to ignore.
2010 What's Next Boomer Business Summit to Focus on Go-To-Market Strategies. Register Now!
Featuring the country's leading strategists for marketing to the 50+ consumer, the 7th Annual What's Next Boomer Business Summit is set for March 19, 2010 at the Hyatt Regency in Chicago. Produced by Mary Furlong & Associates and featuring such outstanding speakers as Kevin Donnellan, executive vice president and chief communications officer of AARP, Mark Graham, senior vice president, iVillage.com and Dr. Stan Humphries, chief economist, Zillow.com, the event will focus on the most effective strategies for selling products and services to the post-recession baby boomer market while bringing together the country’s leading baby boomer strategists and marketers. As always, the event will spotlight new research, products and services that truly represent what is next in the boomer market. The 2010 event will emphasize integrated, social and mobile marketing and new distribution channels. It also will provide a profile of business segments that have moved into the rapidly growing sector of caregiving, an $800 billion market.
Register online at www.boomersummit.com. Use promo code FOM1 and receive a 20 percent discount. The full agenda and other information is available at the site. For further assistance, email inquries@boomersummit.com. See you at What's Next!

10 Trends Powering the Age Boom 
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1. Health, Vitality & Wellness
2. Work, Money & Avocation
3. Creativity & Learning
4. Passion, Play, Travel & Adventure
5. Fashion & Beauty |
6. Family & Friends
7. Caregiving & Grandparenting
8. Romance/Love & Sexuality
9. Giving Back & Philanthropy
10. Religion & Spirituality |
"The boomer generation is changing 'business as usual' in two significant ways."
--Mary Furlong, Turning Silver Into Gold
Mary Furlong's new book, Turning Silver Into Gold: How to Profit in the New Boomer Marketplace, hit the shelves this spring. Now, you can sample the savvy advice Mary offers in Chapter 10: Financing Your Dream. Here's a peek:
"The boomer generation is changing 'business as usual' in two significant ways. First, they are the customers for the visionary businesses that we have explored throughout this book. But they are also creating these businesses and making the products and services they want so they can age well.
If you've been thinking about leaving the corporate grind or starting a business aimed at this juicy market, you're not alone…. Most boomers intend to work all their lives, and many will have to because they need the income.... But few boomers who keep working will settle for just any job. Millions of them seek creativity and passion in their work lives. They are more likely than previous generations to want work that reflects their values and identity; they want to make a difference and have fun while doing it."
Read the rest of Chapter 10: Financing Your Dream. |
News
New! 10 Aging in Place Trends to Watch
Laurie Orlov lists the 2009 indicatorst that will drive 2010 trends.
Recommended Reading
From Business Week,which looks at "Launching Startups in Retirement" and
"Encore Careers: 16 Success Stories."
"Buddy, Can You Spare a Job?"
A new MetLife study looks at the realities of the job market for aging baby boomers. Read it (PDF format) here.
SVBVS coverage
For a review of the Silicon Valley Boomer Venture Summit & Business Plan Competition go here.To read about the Business Plan Competition winners go here.
Dr. Furlong radio interview Dr. Furlong was interviewed on the "Tampa Bay Tomorrow" radio program. Listen online or download a podcast of the interview here.
Jeff Skoll Commencement Address
Jeff Skoll, the founding president of eBay, delivered the commencement address and received an honorary degree at the graduate commencement ceremony at Santa Clara University on June 12. Read his entire commencement address here.
Recommended Reading
"Building a Generous Brand," "Boomers Going Bust," "The Wealth of the Baby Boom Cohorts After the Collapse of the Housing Bubble" Hat tip: Rick Moody.
On the AT front
John Williams of Assistive Technology News looks at the potential of ReadHowYouWant.com in "I Have a Right To Read." Full article here.
Dr. Furlong interviewed on NPR
On "All Things Considered" Jan. 12, Dr. Furlong was part of an "All Tech Considered" segment from the Consumer Electronics Show in Las Vegas titled, "New Tech Gadgets Target Older Folks." The full story and the audio can be found here
USA Today Quotes Dr. Furlong
Columnist Edward C. Braig quotes Dr. Furlong on how boomers' use of technology means they will never become traditional seniors: "We text, we Skype, we Twitter." Read the entire column here.
AARP chief brand officer Emelio Pardo speaks before Marketing Executives Networking Group
Emilio Pardo, who spoke at the What's Next Boomer Business Summit in March, got some great coverage of his talk before MENG in November. Read it here.
Aging Today article looks at What's Next
San Francisco, CA – The 2008 What's Next Boomer Business Summit, which was held in Washington, D.C., in March, is the subject of an article in the May-June issue of Aging Today by editor Paul Kleyman. Dr. Furlong is quoted extensively in the piece, which also lists featured speakers, participants and key topic areas including caregiving, mobile marketing and financial longevity. Read the entire piece (in pdf format) here
Save the Date!
What's Next Boomer Business Summit, Chicago, March 18-19, 2010.
Silicon Valley Boomer Venture Summit and Business Plan Competition, Santa Clara University, June 21-22, 2010.
More Events
Support for Mary Furlong and MFA
“I recently hired Dr. Mary Furlong for a 2 day evaluation of my current business and 2.0 plan moving forward. Dr. Furlong gave us amazing clarity and direction moving forward with our 2.0 Plan and within two weeks had that new direction highlighted in a Business Week article through her army of contacts and friends. This was the single best investment I have made in the 3 years I have helmed this project. Thanks Mary. ” –
Craig Caryl, DEO, Dr. Marion, Inc.
“MFA knows the nonprofit community and has strong and deep relationships with the key affinity groups that serve the boomer and senior markets.” – Peter Ziebelman, co-founder of Palo Alto Venture Partners
“MFA has always introduced us to the right person in the right organization at the right time. This has been helpful to us as a client and to others as well.” – Jeffrey Zimman, CEO of Posit Science Corporation
"Mary Furlong and her team have excellent and wide-ranging contacts in the media. Their knowledge of who covers what in the boomer world was of great help to me in launching my book, "Rightsizing Your Life: Simplifying Your Surroundings While Keeping What Matters Most,"which went to a third printing in less than five months.- Ciji Ware, author of "Rightsizing Your Life: Simplifying Your Surroundings While Keeping What Matters Most," published in 2007 by Warner Books/Springboard Press
"Dr. Mary Furlong is a true visionary. Her insights and market intelligence are consistently spot on and her notions about what to do and how to do it demand serious attention from start up entrepreneurs to Fortune 500 executives." – Ken Dychtwald, Ph.D., President of Age Wave, Author of "The Age Wave," "Age Power," and "The Power Years" (from a review of Mary Furlong's 2007 book "Turning Silver into Gold: How to Profit in the New Boomer Marketplace")
"Mary Furlong is an expert on the Baby Boomer demographic as an academic, entrepreneur, and marketer. She has lots to teach about how to successfully reach and impact this enormous market." – Myrna Blyth, Founding Editor, More Magazine (from a review of Mary Furlong's 2007 book "Turning Silver into Gold: How to Profit in the New Boomer Marketplace")
"Mary is an evangelist who has been selling the dream of the boomer/senior market for over twenty-five years. She understands the customer segment better than anyone." – Guy Kawasaki, Managing Director, Garage Technology Ventures and author of "The Art of the Start" (from a review of Mary Furlong's 2007 book "Turning Silver into Gold: How to Profit in the New Boomer Marketplace") |