QSR: Can Baby Boomers Save the Fast-Food Industry?

Research shows that baby boomers will comprise 62 percent of fast-food consumers over the next 10 years, prompting a shift in marketing strategies for major chains.

Read the original at 1851 Franchise
QSR: Can Baby Boomers Save the Fast-Food Industry?

TL;DR

Research shows that baby boomers will comprise 62 percent of fast-food consumers over the next 10 years, prompting a shift in marketing strategies for major chains like McDonald's. QSR Magazine suggests three ways marketers can shift their gears to reach this target audience.

Major fast-food chains like McDonald’s that are struggling this year have good reason for a new marketing approach, now that research showing a majority of fast-food consumers are baby boomers, meaning 50 years and older. According to MRI research from spring 2016, 62 percent of fast-food consumers over the next 10 years will come from baby boomers. In a time where businesses have been aiming focus towards millennials, this is big news.

QSR Magazine broke down three ways that marketers can shift their gears when trying to reach a different target audience: focusing on quick service, providing healthy menu options and making it easy for grandparents to take their grandchildren to a fast-food restaurant.

In this story

This story was originally published in 1851 Franchise on February 8, 2017. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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