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Can anyone explain to me why the vast majority of this country's businesses and manufacturers have so little interest in profit that they address all their advertising campaigns to the wrong market? I refer to TV commercials which seem to be designed to appeal almost exclusively to the Youth Generation.
Have these businesses done their homework? The 20 - 30 age group, at whom practically all marketing and advertising is aimed nowadays, have never been so in debt in our history. They have huge mortgage millstones around their necks; they spend their working lives trying to pay back inflated university grants and all their spare cash is mopped up by Credit Cards repayments and interest.
So who should these companies target if they want to attract more sales? Go to the other end of the age scale and consider the older members of our society. They've paid off their mortgages long ago; their children are no longer financial burdens as they've flown the nest; they're sitting on a fortune in property equity; and most of them have cleared all their lifetime debts.
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