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CONSUMERSBRANDS

Targetaudience:Retireesin

IndiConsumerInsightsreport

June2024

ConsumerInsightsTargetAudienceReport

Introduction

ReportoverviewConsumerInsightsGlobalmethodology

(1)

Thisreportanalysesconsumerswhoanswered

’’Retired’’tothesingle-pickquestion’’Whichofthefollowingcategoriesbestdescribesyourcurrentemploymentstatus?’’.

ThereportoffersthereaderacomprehensiveoverviewofretireesinIndia:whotheyare;whattheylike;whattheythink;andhowtoreachthem.Itprovidesinsightsontheirdemographics,lifestyle,opinions,andmarketingtouchpoints.Additionally,thereportallowsthereadertobenchmarkretireesinIndia(’’targetaudience’’)againsttheaverageIndianconsumer,labelledas’’allrespondents’’inthecharts.

ThereportisupdatedquarterlyandisbasedondatafromtheConsumerInsightsGlobalsurvey.

Design:OnlineSurvey,splitquestionnairedesignDuration:approx.15minutes

Language:officiallanguage(s)ofeachcountrywithAmericanEnglishofferedasanalternative

Region:56countries

Numberofrespondents:

•12,000+forcountrieswiththeextendedsurvey(includingIndia)

•2,000+forthebasicsurvey

Sample:Internetusers,aged18–64,quotassetongenderandage

Fieldwork:

•ContinuousfromJanuarytoDecember

•Countriesthatreceivetheextendedsurveyareupdatedfourtimesayear

2

Notes:(1):Seethefullmethodologyforadetailedoverviewofthestudydesign

Sources:

ConsumerInsightsGlobalasofJune2024

RetireesinIndia

Managementsummary:keyinsights

DemographicprofileConsumerlifestyleConsumerattitudesMarketingtouchpoints

Retireestendtobeolder,31%arepartofGenerationX.

60%ofretireesaremale.

Retireestypicallyhavealowannualhouseholdincome.

Retireesaremorelikelytoliveinsmalltownsandruralcommunitiesthantheaverageconsumer.

Safetyhaslessimportancetoretireesthantotheaverageconsumer.

29%ofretireesareinterestedinartsand