“…One common mistake marketers often make in developing strategy is believed to be the use of stereotypical profiles of older persons. The mature consumer market consists of older people who exhibit a great deal of variability with respect to the way they look, think and act (Moschis et al, 1997;Shortt and Ruys, 1994;Caballero and Hart, 1996;Dychtwald, 1997). Because the effectiveness of marketing strategies and programs varies by type of segment and type of product, decision makers should rely primarily on information about older consumers' responses to marketing offerings, which are specific to the product or service being marketed as well as to the segment of interest (Moschis et al, 1997).…”