When Elliot was 12 years old, he and some buddies were racing around our house. I said, “Hey kids, lighten up a little bit.” Elliot looked at me sternly and said, “Dad, we’re not kids. We’re pre-teens!”
Elliot wanted a demographic of his own. He didn’t want to be a “kid” anymore. At the opposite end of the age spectrum, I now feel a similar need.
I now belong to a well established demographic defined as “over 65 and retired”. In other words, I’m old.
The odd thing is I don’t feel old, at least not in the traditional sense. I remember my grandfather. He had false teeth, an uncertain gait, and complained of myriad aches and pains. When he died, people said he died of old age. I’m not old like that – at least not yet.
So I want my own demographic. Yes, I’m over 65 and yes, I’m semi-retired. But I still teach part-time, run a website, and tend to my clients. I raise money for good causes. I study issues and have opinions. I serve on boards. I write letters to the editor. I’m not (yet) an old guy sitting on a park bench watching the world go by.
I also spend money. My wife and I have a nest egg and some purchasing power. We should be of interest to marketers who have interesting things or services to sell. But it would be easy for a marketer to overlook us. We could easily be mistaken for regular old “old” people.
So, let’s segment the market and create a new demographic. But what should we call it? The question came to a head for me when I read a recent editorial in The Economist called “Over 65 Shades Of Grey”. The article notes that “Branding an age category might sound like a frivolous exercise. But life stages are primarily social constructs, and history shows that their emergence can trigger deep changes in attitudes. … Declaring a new stage of life could help change perceptions.”
To remind marketers and analysts that we exist – and that we’re not doddering, dependent drains on society – we need a name. The Economist suggests a few non-starters like “geriactives” and “pre-tirees.” Sorry, but those just don’t work for me.
So, I hereby propose that we name our demographic the keenagers. Like teenagers, we’re a well-defined group with many common interests. We’re keen to learn, travel, advise, engage, and spend. We’re even keen to work every now and then. We’re keen to do, not just observe.
What are the advantages of establishing keenagers as a separate demographic? First, we can change perceptions. We’re not old in the traditional sense and don’t need to be treated as such. Second, marketers can develop and refine products and services that meet our needs more effectively. Third, forecasters can fine-tune their data make better predictions about us and about society as a whole.
Perhaps the ultimate advantage is that the label gives us keenagers a convenient and non-derogatory way to refer to ourselves. We belong to an attractive and interesting cohort. We’re not old. We’re keenagers.