Marketers must know the needs and wants of their customers. Which of the following
presents the most accurate picture of the typical elderly consumer today?
A) Most are old, infirm, depressed, stay-at-home people who live a hand-to-mouth
existence.
B) Most are active, interested in what life has to offer, and are enthusiastic consumers
with the means and willingness to buy many goods and services.
C) Most live with their children, have little savings, and have an increasingly difficult
time adjusting to the changing technical world around them.
D) Most have refused government support and don’t trust anyone under 60.
People who suffer from compulsive consumption are most likely referred to as
________.
A) materialistic
B) bankrupt
C) shopaholics
D) shallow
People buy products for ________.