asked 98 views
0 votes
Explain the importance of demographic factors in marketing. Give some examples.

asked
User Dragouf
by
8.1k points

1 Answer

5 votes

Answer:

Explanation:

The marketing is a field that includes a broad range of activities that range from and development for promotion and support after the sale. Many businesses engage in market segmentation to concentrate on a particular type of customer. This procedure needs a larger target, audience and breaking down in a smaller and more selected market. Demographic segmentation is a common strategy where socioeconomic strategy is used to categorize several customers according to their age, gender, sex, and socioeconomic status.

answered
User Olubukola
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.