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Summer 2012



1
Aging 2012




Extensive online survey created by Euro RSCG and
       fielded by Market Probe International
                                     2
The global obsession with youth is       Concerns related to aging center less on
 undergoing a transformation, as youth and     physical beauty these days than on loss of
 youthfulness become increasingly less tied    autonomy. The potential for physical and
to chronological age. Rather than shy away    cognitive decline is of widespread concern,
    from growing old, more people are            as are worries over long-term financial
 embracing their later years and the unique   security. For these reasons, people are now
          satisfactions they’ll bring.           wary of pushing the limits of longevity.




Consumption gaps are shrinking as people
                                            How one ages—and even the manner in
 in older age segments continue to enjoy
                                           which one dies—is increasingly perceived as
and employ new technologies, products,
                                           controllable rather than predetermined. This
and entertainment options. The traditional
                                           means people are feeling more pressure and
 notion of older people withdrawing from
                                             responsibility for a satisfactory outcome.
   consumer markets no longer applies.


                                                              3
“There have been three
great ages of death: the
age of disaster, the age of
disease, and the age of
decay.”
—Steve Jones, Professor of Genetics, University College London




                              4
What we’ll cover:

 A Tempering of Our Youth
  Obsession
 No Shame in Growing Old
 Staying Youthful Longer
 Have You Hit Your Peak?
 What Worries Us About
  Aging
 Rejecting a Century at
  Any Price
 Heading Toward a New
  World Order?
 Things to Think About

                             5
“Why is the society obsessed with
youth? Is it a media-created thing? My
grandma says in her times only older
people were taken seriously and highly
respected. So what happened? Why is
everyone so ageist nowadays? I find it
stupid big time.”
                 —Giselle, posting on Yahoo! India




A Tempering of Our Youth Obsession
                                                     6
“Society has grown much too youth obsessed”




Showing % agreeing strongly/somewhat
                                                        7
Nicole     Victoria
               Jennifer         Jennifer Lopez, 42    Halle Berry, 45
Oprah, 58      Connelly, 41                                                 Kidman, 45 Beckham, 38




Eva             Jessica       Michelle Pfeiffer, 54   Sarah Jessica             Julia Roberts, 44
Longoria, 37    Alba, 31                              Parker, 47        8
“I have had or would consider having cosmetic surgery
            to look younger”




Showing % agreeing strongly/somewhat
                                                        9
10
Attitudes toward cosmetic surgery now more a
generational than a gender divide

 “I have had or would                   “Cosmetic surgery has gotten out of
 consider having                        hand; people should be more accepting
 cosmetic surgery to look               of how they look at every age”
 younger”



    26               18        10     63               68               76

   1834         3554         55+
                                     1834           3554
                                                                         55+


    22                    19

                                             66                68
                      Female
   Male
                                                   Male                 Female
Showing % agreeing
strongly/somewhat
                                                          11
No Shame in Growing Old




“The big ideal is no longer aggressive anti-aging but smart aging based on
the intention to embrace aging and all that comes with it. People want to
tune their bodies with sports, fitness, and food and their minds with sleep,
love, books, socializing, etc. in order to age well.” —Euro RSCG Germany


                                                      12
I intend to fight aging every
                      step of the way; I’ll do
Which comes           anything and everything I
closer to your        can to stay youthful longer
point of view?        I intend to age gracefully:
                      there is no shame in
Showing %
                 13   growing old
“I intend to embrace aging and all that comes with it”




Showing % agreeing strongly/somewhat
                                                          14
Staying Youthful Longer




            15
“I look younger than
     most people my age”




Showing % agreeing strongly/somewhat
                                       16
“I feel younger than
                                       most people my age”




Showing % agreeing strongly/somewhat          17
Will shared technologies
        and digital
 entertainment options
   further diminish the
 cultural gap between
     young and old?




                           18
Have You Hit
 Your Peak?




               19
Average global life expectancy is now   67  ,
ranging from a low of just more than 39 years in
Mozambique to nearly 83 years in Japan


                       That’s up from just   40 years in 1800

  As the lifetime scale has been elongated, virtually
  everything about how we perceive youth and aging
  has shifted dramatically




                                                   20
Start of old age:   71




         Start of middle age:    48
Showing global survey averages              21
At what age do men/women hit
                                       their _______ peak?




Showing global survey averages               22
What Worries Us
  About Aging




                  23
Which aspects
  of aging worry
       you?


Most worried about loss of
autonomy and function




Showing % that are
moderately/very/extremely
worried
                             24
More than        6 in 10
                          worry they’ll run
   out of money before they die




                                  59% fear they won’t be able
                                  to afford adequate medical care
                                  as they grow older
Showing % that are
moderately/very/extremely
worried
                                                25
“Government needs to do
                                                     more to protect and provide
                                                     for the elderly”




                     64                 75     84



                   1834               3554
                                               55+

Showing % agreeing strongly/somewhat                   26
“In our new world, people are obsessed with the idea of lifelong
autonomy and mobility—and it is changing their relationship
with aging. It’s no longer enough to age beautifully and
gracefully; now we must age in such a way that we retain our
ability to do things, to contribute and be productive, and to
remain a vital part of what’s happening around us.”
                                 —Marianne Hurstel, Vice President, Euro RSCG’s BETC
                              and Global Chief Strategy Officer, Euro RSCG Worldwide


                                                       27
Rejecting a Century
        at any Price



      28
Dying scares us less than living too long—
                             and it’s a fear that ebbs with age




                                      “I worry about death
                                      and dying”




                                        1834    3554       55+




Showing % agreeing
strongly/somewhat
                                                29
Would you take a pill
that would guarantee
  you’d live to 100?




                        30
“I don’t want to live into my late 90s or
                                       early 100s; I’d rather die younger, when I’m
                                       less frail and have more independence”




Showing % agreeing strongly/somewhat                         31
“I worry that new technologies and
 medical advances will extend people’s
 lives to the detriment of society and the
 planet”




             47                 42
                                       37



           1834             3554     55+
                                                  Image credit: mom-and-dad-care.com
Showing % agreeing strongly/somewhat         32
49% believe
                                      physician-assisted suicide
                                      should be legal




4 in 10 would consider
physician-assisted suicide if their
health deteriorated sufficiently




                                          33
“I believe there is a life
                                       after death”




Showing % agreeing strongly/somewhat
                                                     34
Are We Heading
 Toward a New
  World Order?




         35
As populations in much of the developed world continue
          to grow older, what will be the consequences?




Showing % agreeing strongly/somewhat
                                                      36
Things to Think About




                        37
# of men and women
aged 60+ has
doubled since 1980—
forecast to reach 2BN
by 2050


Nearly 400MM will be
aged 80+ by that
year



                        38
“   For marketers, aging consumer
    populations will provide plenty of
    opportunities for products and services
    intended to slow the aging process,
    minimize physical and cognitive
    declines, maximize self-sufficiency and
    mobility, and make the retirement
    years safer and more satisfying.

    What matters to people today as they
    grow older is retaining
    capabilities…People want to be able
    to think, to work, to move, to travel, to
    stay connected, to keep learning and
    discovering for the entirety of their
    lifetimes—and they will welcome
    assistance from all quarters.



                            39
                                           ”
GET NEW WORDING
FROM PDF
 What newly invented
 product and service
 categories will be
 required to meet the
 needs of the aged?




                        40
With governments
perceived as
falling short in
terms of
protecting and
providing for the
elderly, what is
the optimal role
for corporations
and brands?

Is there an
obligation to help
people prepare
for their later
years?




                     41
GET NEW WORDING
FROM PDF
                  What role can and should
                  brands play in promoting
                  the care, life satisfaction,
                  and dignity of the aged
                  and infirm?




                        42
What are the
implications of
aging populations
on
communications?
To what extent will
digital
technologies
provide a pathway
to the oldest
consumer cohorts?




                      43
Where will the
     greatest cultural
     influences come
     from in future
     decades? Where
     will we find new
     epicenters of
     innovation?
44
How will attitudes toward aging
evolve as people in their 80s, 90s,
and beyond become a larger
presence?
                  45
How can financial
services companies do a
better job of persuading
consumers about the
need to save more—and
from an earlier age?




                           46
How must workplaces evolve to
accommodate the growing number of
people who must earn money past
traditional retirement age?




                                    47
What needs
to be done
to make
physical
spaces—from
homes and
stores to
public parks
and
museums—
more age-
friendly?




               48
For more insights from Euro RSCG research—and to download the
“Aging: Beyond Youth Culture” white paper—visit www.prosumer-
report.com
And follow us on Twitter (@prosumer_report)

                                              49
Select images courtesy of Creative Commons @flickr.com

  _ 5: Roberto_Ventre                                     _ 28: empty007
  _ 6: dirkmvp41                                          _ 29: bengrey
  _ 7: Stilettobootlover_83                               _ 31: Dylan Parker
  _ 8: Gary Hayes                                         _ 34: irunandshoot
  _ 9: eschipul                                           _ 35: Alex Schwab
  _ 10: Britta Bohlinger                                  _ 37: MamaT

  _ 11: hitthatswitch                                     _ 40: m’sieur rico

  _ 12: vitavida                                          _ 41: Howard Lake

  _ 15: istolethetv                                       _ 42: Wanderlinse

  _ 18: sean dreilinger; cdharrison; maximalideal         _ 44: urban don

  _ 19: garryknight                                       _ 45: The Bode

  _ 20: Violentz (age 48); The Suss-Man (Mike) (age 71)   _ 46: Heart Industry

  _ 25: Erik Starck                                       _ 47: kirinqueen

  _ 26: McBeth
  _ 27: woodleywonderworks




                                                                                 50

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Euro rscg prosumer report aging ppt deck

  • 2. Aging 2012 Extensive online survey created by Euro RSCG and fielded by Market Probe International 2
  • 3. The global obsession with youth is Concerns related to aging center less on undergoing a transformation, as youth and physical beauty these days than on loss of youthfulness become increasingly less tied autonomy. The potential for physical and to chronological age. Rather than shy away cognitive decline is of widespread concern, from growing old, more people are as are worries over long-term financial embracing their later years and the unique security. For these reasons, people are now satisfactions they’ll bring. wary of pushing the limits of longevity. Consumption gaps are shrinking as people How one ages—and even the manner in in older age segments continue to enjoy which one dies—is increasingly perceived as and employ new technologies, products, controllable rather than predetermined. This and entertainment options. The traditional means people are feeling more pressure and notion of older people withdrawing from responsibility for a satisfactory outcome. consumer markets no longer applies. 3
  • 4. “There have been three great ages of death: the age of disaster, the age of disease, and the age of decay.” —Steve Jones, Professor of Genetics, University College London 4
  • 5. What we’ll cover:  A Tempering of Our Youth Obsession  No Shame in Growing Old  Staying Youthful Longer  Have You Hit Your Peak?  What Worries Us About Aging  Rejecting a Century at Any Price  Heading Toward a New World Order?  Things to Think About 5
  • 6. “Why is the society obsessed with youth? Is it a media-created thing? My grandma says in her times only older people were taken seriously and highly respected. So what happened? Why is everyone so ageist nowadays? I find it stupid big time.” —Giselle, posting on Yahoo! India A Tempering of Our Youth Obsession 6
  • 7. “Society has grown much too youth obsessed” Showing % agreeing strongly/somewhat 7
  • 8. Nicole Victoria Jennifer Jennifer Lopez, 42 Halle Berry, 45 Oprah, 58 Connelly, 41 Kidman, 45 Beckham, 38 Eva Jessica Michelle Pfeiffer, 54 Sarah Jessica Julia Roberts, 44 Longoria, 37 Alba, 31 Parker, 47 8
  • 9. “I have had or would consider having cosmetic surgery to look younger” Showing % agreeing strongly/somewhat 9
  • 10. 10
  • 11. Attitudes toward cosmetic surgery now more a generational than a gender divide “I have had or would “Cosmetic surgery has gotten out of consider having hand; people should be more accepting cosmetic surgery to look of how they look at every age” younger” 26 18 10 63 68 76 1834 3554 55+ 1834 3554 55+ 22 19 66 68 Female Male Male Female Showing % agreeing strongly/somewhat 11
  • 12. No Shame in Growing Old “The big ideal is no longer aggressive anti-aging but smart aging based on the intention to embrace aging and all that comes with it. People want to tune their bodies with sports, fitness, and food and their minds with sleep, love, books, socializing, etc. in order to age well.” —Euro RSCG Germany 12
  • 13. I intend to fight aging every step of the way; I’ll do Which comes anything and everything I closer to your can to stay youthful longer point of view? I intend to age gracefully: there is no shame in Showing % 13 growing old
  • 14. “I intend to embrace aging and all that comes with it” Showing % agreeing strongly/somewhat 14
  • 16. “I look younger than most people my age” Showing % agreeing strongly/somewhat 16
  • 17. “I feel younger than most people my age” Showing % agreeing strongly/somewhat 17
  • 18. Will shared technologies and digital entertainment options further diminish the cultural gap between young and old? 18
  • 19. Have You Hit Your Peak? 19
  • 20. Average global life expectancy is now 67 , ranging from a low of just more than 39 years in Mozambique to nearly 83 years in Japan That’s up from just 40 years in 1800 As the lifetime scale has been elongated, virtually everything about how we perceive youth and aging has shifted dramatically 20
  • 21. Start of old age: 71 Start of middle age: 48 Showing global survey averages 21
  • 22. At what age do men/women hit their _______ peak? Showing global survey averages 22
  • 23. What Worries Us About Aging 23
  • 24. Which aspects of aging worry you? Most worried about loss of autonomy and function Showing % that are moderately/very/extremely worried 24
  • 25. More than 6 in 10 worry they’ll run out of money before they die 59% fear they won’t be able to afford adequate medical care as they grow older Showing % that are moderately/very/extremely worried 25
  • 26. “Government needs to do more to protect and provide for the elderly” 64 75 84 1834 3554 55+ Showing % agreeing strongly/somewhat 26
  • 27. “In our new world, people are obsessed with the idea of lifelong autonomy and mobility—and it is changing their relationship with aging. It’s no longer enough to age beautifully and gracefully; now we must age in such a way that we retain our ability to do things, to contribute and be productive, and to remain a vital part of what’s happening around us.” —Marianne Hurstel, Vice President, Euro RSCG’s BETC and Global Chief Strategy Officer, Euro RSCG Worldwide 27
  • 28. Rejecting a Century at any Price 28
  • 29. Dying scares us less than living too long— and it’s a fear that ebbs with age “I worry about death and dying” 1834 3554 55+ Showing % agreeing strongly/somewhat 29
  • 30. Would you take a pill that would guarantee you’d live to 100? 30
  • 31. “I don’t want to live into my late 90s or early 100s; I’d rather die younger, when I’m less frail and have more independence” Showing % agreeing strongly/somewhat 31
  • 32. “I worry that new technologies and medical advances will extend people’s lives to the detriment of society and the planet” 47 42 37 1834 3554 55+ Image credit: mom-and-dad-care.com Showing % agreeing strongly/somewhat 32
  • 33. 49% believe physician-assisted suicide should be legal 4 in 10 would consider physician-assisted suicide if their health deteriorated sufficiently 33
  • 34. “I believe there is a life after death” Showing % agreeing strongly/somewhat 34
  • 35. Are We Heading Toward a New World Order? 35
  • 36. As populations in much of the developed world continue to grow older, what will be the consequences? Showing % agreeing strongly/somewhat 36
  • 37. Things to Think About 37
  • 38. # of men and women aged 60+ has doubled since 1980— forecast to reach 2BN by 2050 Nearly 400MM will be aged 80+ by that year 38
  • 39. For marketers, aging consumer populations will provide plenty of opportunities for products and services intended to slow the aging process, minimize physical and cognitive declines, maximize self-sufficiency and mobility, and make the retirement years safer and more satisfying. What matters to people today as they grow older is retaining capabilities…People want to be able to think, to work, to move, to travel, to stay connected, to keep learning and discovering for the entirety of their lifetimes—and they will welcome assistance from all quarters. 39 ”
  • 40. GET NEW WORDING FROM PDF What newly invented product and service categories will be required to meet the needs of the aged? 40
  • 41. With governments perceived as falling short in terms of protecting and providing for the elderly, what is the optimal role for corporations and brands? Is there an obligation to help people prepare for their later years? 41
  • 42. GET NEW WORDING FROM PDF What role can and should brands play in promoting the care, life satisfaction, and dignity of the aged and infirm? 42
  • 43. What are the implications of aging populations on communications? To what extent will digital technologies provide a pathway to the oldest consumer cohorts? 43
  • 44. Where will the greatest cultural influences come from in future decades? Where will we find new epicenters of innovation? 44
  • 45. How will attitudes toward aging evolve as people in their 80s, 90s, and beyond become a larger presence? 45
  • 46. How can financial services companies do a better job of persuading consumers about the need to save more—and from an earlier age? 46
  • 47. How must workplaces evolve to accommodate the growing number of people who must earn money past traditional retirement age? 47
  • 48. What needs to be done to make physical spaces—from homes and stores to public parks and museums— more age- friendly? 48
  • 49. For more insights from Euro RSCG research—and to download the “Aging: Beyond Youth Culture” white paper—visit www.prosumer- report.com And follow us on Twitter (@prosumer_report) 49
  • 50. Select images courtesy of Creative Commons @flickr.com _ 5: Roberto_Ventre _ 28: empty007 _ 6: dirkmvp41 _ 29: bengrey _ 7: Stilettobootlover_83 _ 31: Dylan Parker _ 8: Gary Hayes _ 34: irunandshoot _ 9: eschipul _ 35: Alex Schwab _ 10: Britta Bohlinger _ 37: MamaT _ 11: hitthatswitch _ 40: m’sieur rico _ 12: vitavida _ 41: Howard Lake _ 15: istolethetv _ 42: Wanderlinse _ 18: sean dreilinger; cdharrison; maximalideal _ 44: urban don _ 19: garryknight _ 45: The Bode _ 20: Violentz (age 48); The Suss-Man (Mike) (age 71) _ 46: Heart Industry _ 25: Erik Starck _ 47: kirinqueen _ 26: McBeth _ 27: woodleywonderworks 50