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A study to asses market reaction in the
Indian environment
By-Manik Arora
The Golden Estate
Retirement Homes
Objectives
 Understand the concerns of senior citizens with
regard to assisted living
 Identify the key communication points highlighting
the services provided by The Golden Estate to
address those concerns
 Recommend media options to reach out to the
potential customers
Target Audience
Economic classification
50+ years M/F Annual household
income 25 lakhs and above
Psychographic classification
Medically, physically or socially
insecure
Pedagogy
 Primary Research through face to face interviews
with a sample size of 70 senior citizens spread
across Delhi NCR region
 Focus was to understand their reaction to this
concept; also identify their apprehensions and
priorities
 Collate responses and map it to brand’s
communication approach
Summary of responses
50-60 years 61 – 70 years 71 – 80 years 81 and above
Retirement is a
few years away
Still working, will
consider nearing
retirement
Want to be near
their office
Young for an Old
Age home
Can’t arrange
meals as per
recommendation
Medical
Concerns
Immovability
Concerns
Apprehension
about Adaptation
Managing day to
day chores with a
bit of difficulty
Feel laid back due
to lack of routine
post retirement
Children are against
fearing social
stigma
Some want to
explore to enjoy
their active years
Medical
Concerns
Physical security
Lonely as
children not
around or single
Extreme difficulty in
managing day to
day life
Common factors
 The following were identified as common
issues/apprehensions among the target audience
across age groups
 Familiar Environment
 Food as per special requirements
 Immediate medical attention
 Lack of interpretation between concept of old age
and retirement home
Communication-mapping
 It’s a place for people above 55 years
 A step towards truly independent living for those
who have worked their way up and want to enjoy
the golden years now
 Assisted care giving and providing around the
clock emergency and preventive medical
attention
Communication Format
 Stage 1 (should continue for at least 6 months
and max 1 year)
 Main image - Happy faces of a couple
 Headline to be direct and clearly mention ‘A place
for senior citizens’
 Images (in terms of priority)
 All critical services – Medical, Physiotherapy and Kitchen
 Primary services – Room interiors and overall ambience
 Recreation services – Club, Auditorium, Gym, Yoga &
Meditation, etc.
Communication Format
 Stage 2 (should continue for at least next 2 years)
 Main image - Happy faces of the resident
 Headline to be direct and clearly mention
‘Independent living at your pace’
 Body copy – Highlights a year’s experience of
running a first of its kind retirement home in India
 Images (in terms of priority)
 All critical services – Medical, Physiotherapy and Kitchen
 Primary services – Room interiors and overall ambience
 Recreation services – Club, Auditorium, Gym, Yoga &
Meditation, etc.

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Retirement Homes

  • 1. A study to asses market reaction in the Indian environment By-Manik Arora The Golden Estate Retirement Homes
  • 2. Objectives  Understand the concerns of senior citizens with regard to assisted living  Identify the key communication points highlighting the services provided by The Golden Estate to address those concerns  Recommend media options to reach out to the potential customers
  • 3. Target Audience Economic classification 50+ years M/F Annual household income 25 lakhs and above Psychographic classification Medically, physically or socially insecure
  • 4. Pedagogy  Primary Research through face to face interviews with a sample size of 70 senior citizens spread across Delhi NCR region  Focus was to understand their reaction to this concept; also identify their apprehensions and priorities  Collate responses and map it to brand’s communication approach
  • 5. Summary of responses 50-60 years 61 – 70 years 71 – 80 years 81 and above Retirement is a few years away Still working, will consider nearing retirement Want to be near their office Young for an Old Age home Can’t arrange meals as per recommendation Medical Concerns Immovability Concerns Apprehension about Adaptation Managing day to day chores with a bit of difficulty Feel laid back due to lack of routine post retirement Children are against fearing social stigma Some want to explore to enjoy their active years Medical Concerns Physical security Lonely as children not around or single Extreme difficulty in managing day to day life
  • 6. Common factors  The following were identified as common issues/apprehensions among the target audience across age groups  Familiar Environment  Food as per special requirements  Immediate medical attention  Lack of interpretation between concept of old age and retirement home
  • 7. Communication-mapping  It’s a place for people above 55 years  A step towards truly independent living for those who have worked their way up and want to enjoy the golden years now  Assisted care giving and providing around the clock emergency and preventive medical attention
  • 8. Communication Format  Stage 1 (should continue for at least 6 months and max 1 year)  Main image - Happy faces of a couple  Headline to be direct and clearly mention ‘A place for senior citizens’  Images (in terms of priority)  All critical services – Medical, Physiotherapy and Kitchen  Primary services – Room interiors and overall ambience  Recreation services – Club, Auditorium, Gym, Yoga & Meditation, etc.
  • 9. Communication Format  Stage 2 (should continue for at least next 2 years)  Main image - Happy faces of the resident  Headline to be direct and clearly mention ‘Independent living at your pace’  Body copy – Highlights a year’s experience of running a first of its kind retirement home in India  Images (in terms of priority)  All critical services – Medical, Physiotherapy and Kitchen  Primary services – Room interiors and overall ambience  Recreation services – Club, Auditorium, Gym, Yoga & Meditation, etc.