What To Consider When Choosing YOUR Business, Part 4
March 21, 2008 on 3:09 pm | In Home Business, Income Ideas, Marketing Academy, Your Internet Biz |
Let’s Explore The History Of Fortunes Created By Baby Boomers Economic Mega-Trend:Food - 10,000 babies born a day that needed to be fed for 18 years. Gerber cashed in. Clothing - As they grew they needed to be clothed. Buster Brown got rich. Kinney Shoes cashed in. Education - Schools were built. Elementary Schools Boomed In the 60’s. 784 new Universities were built. Real Estate - The 70’s and 80’s saw the largest housing market in history. Transportation - Little “boomers” needed a ride and Chrysler caught a wave with the mini van.
In the 90’s the “Boomers” start turning 50 at a rate of 10,000 per day and major trends developed:
They are concerned about their health
Worried about retirement
They want to be healthier, look and feel younger
Any product that can genuinely help, that is consumable, is a highly prized item for Home Business Opportunities. This is what is fueling the worldwide trend toward wholesome, natural prevention, healing, weight control, and natural supplementation.
Just look at the articles in magazines at the checkout counters and you’ll see what I mean. You can’t help but see articles on such issues, and if you watch TV, you know how many commercials are trying to address these Mega-Trend demands. Travel is bigger than all of that together.
In recent years the mindset has shifted from using medications, toward natural approaches to good health. If we look at the fact that 70% of deaths worldwide are a result of stroke, heart disease, or cancer, and 50% of those are diet related, it’s no wonder the “Wellness” industry is producing revenues in excess of $200 billion dollars per year. The desire to look younger and better is also fueling the $72 billion dollar a year personal care industry.
Another health issue today is people’s weight. The Surgeon General of the United States reported that obesity has reached epidemic proportions.
Nearly half of the population is clinically obese and some estimates have stated that 80% of the population wants to lose five pounds or more. In fact, obesity and related conditions are the second leading cause of death in the U.S. today, and the fastest growing segment of the overweight population is teenagers. This explains why the weight loss industry is doing over $33 billion dollars per year.
This means a massive economic wave is being fed by the aging Baby Boomers looking for natural, nutritional supplements as an approach to good health and weight control as well as the use of anti-aging types of personal care products creating Mega-Trend No. 2 only to be outdone by TRAVEL.
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