Rising Tide of Online Boomers
posted by Karen DavisTuesday, March 31st, 2009
Last week I received a Facebook friend request from one of my mother’s best friends. That same week, another friend called me to say that her father had just created a profile and was spending significant hours networking on the site. What do they have in common? Both are over the age of 50. It’s no secret that online activity by those over the age of 50 continues to grow at a rapid pace. Consider that 16.5 million adults ages 55 and older engage in social networking, according to comScore. In fact, the fastest growing market segment on Facebook is now women over 55, which experienced more than 175% growth and totals nearly 7 million. But it’s not just Facebook. Baby boomers are actively engaged in news sites, updating their LinkedIn profiles (just ask my mother, 69!), banking, shopping and even job hunting.
So imagine my surprise when a major business news outlet last week categorized online activity by various age groups and made a blanket statement that people in their 50’s and 60’s go online to check the weather. What?! This shocked me – and my 50+-something [Facebook] friends. This kind of generalization doesn’t reflect what’s really going on. A new report by the Pew Research Center paints a very different picture. According to the study, 69% of baby boomers ages 55-63 are now getting their news online. Seventy percent are buying a product online. Nearly 50% are online banking, and forty-eight percent are conducting job-related research. Media – and marketers – who buy into the notion that Baby Boomers haven’t embraced the Internet for more than just the weather need to wake up – or risk missing out on opportunities to target this very powerful demographic.
