Senior citizen consumers to a greater extent than do younger consumers come to depend on aids like maps, schedules, and shopping lists to successfully navigate through the marketplace. As the brain ages, both the ability to retrieve recently learned material and the ability to dampen interference from irrelevant memories fade at least somewhat. Along with this, there’s deterioration in the portions of the brain which help us identify where we are in our neighborhood and how to move to a desired location.
The result is increased probability of confusion. Neuropsychologists talk about this in terms of brain plasticity, which refers to the ability of the brain to physically change as a result of learning, and brain flexibility, which refers to the ability of the brain to use its current physical structure to meet novel challenges by rearranging tasks. Over our lifetimes, brain plasticity decreases faster than does brain flexibility.
Seniors can train themselves to compensate for the losses, but the results of such training have more influence on the ability to deal with the familiar than with the new. A potential upside of this for the retailer is that older adults build store and brand loyalty since they stay with what they’ve come to know well. However, the marketplace changes because the world is changing, so to maintain clarity for your senior shoppers, provide them the aids.
Psychologist Shepherd Ivory Franz, who studied brain plasticity and flexibility, testified to the value of memory aids. Professor Franz was also an amateur ichthyologist who complained that each time he learned the name of another fish, he forgot the name of a fish he’d previously known. This may not have been literally true, but it does seem that for such ichthyologists, a list of fish names would be handy, along with a map of where each species could be found and a schedule of the best times to look.
Shopping lists appear to operate differently for older shoppers than for younger ones. Seniors use the lists for guidance. Research at Duke University, UCLA, and University of Florida indicates that younger shoppers carrying around store shopping lists they’ve created in advance—the consumer trying to remember what they need and what the store carries—end up more likely to make purchases they will later regret. Making the list left less mental energy to resist the foolish items.
For your success: Retailer’s Edge: Boost Profits Using Shopper Psychology
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