The aging population in the United States makes skill in marketing
to the mature consumer increasingly important. The biophysical and
psychosocial aging process creates a need for specific strategies to
address the changes brought on by age. Attempts to ascertain the degree
to which the financial services industry recognizes some of the needs of
the elderly market and the degree to which marketing programs are
addressing these needs. The results show that financial services
marketers have been slow in implementing strategies which might help
them better attract and serve the mature consumer, when compared with
other industries. While this industry has done an excellent job in
developing products which appeal to older consumers, they appear to be
lacking in special assistance to mature consumers and training to
support such assistance. Provides managerial implications stressing
specific areas for improvement.
Case analyses have been widely used in many different settings as a pedagogical tool that provides realistic analogs for encouraging students to develop managerially relevant skills. This article extends the traditional use of published cases and describes the development of Web-based cases for use in marketing courses. Web-based cases require the student to develop a current case by determining relevant company and industry material from Internet sources, identifying a problem, and providing analysis. Through this method, the student becomes more active in the learning process by being, in effect, both case writer and analyzer. This new type of case is compared with traditional cases, and feedback from the instructor and from students is provided. As an adjunct to traditional published cases, Web-based cases offer up-to-date, diverse case material that presents students with challenging, real-word experiences.
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