Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Please respond to this thread

After exploring the United States Census Bureau's website, it can be concluded that the age demographics in the United States can be segmented into generation segments for marketing purposes. The different ages in the U.S have different personality traits and thus result in different decision making traits. As marketers, we can advertise to these different generations separately depending on the product. For example, Generation Y is skeptical of advertisements so marketing to them would be different than marketing to Baby Boomers. A good way to market to this skeptical generation would be to use customer satisfaction and reviews in the ads.

One of the greatest external factors that has the greatest impact on social class is income. Without a high income, people are unable to live in certain areas and live certain lifestyles. People's consumption desires vary from where they live and how much money they make. Income also affects the buying behaviors of consumers because those who have a lower income need to budget their money differently than those who have a higher income.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92785824
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Assignmentfind sample healthcare clinical andor operational

Assignment: Find sample healthcare clinical and/or operational dataset from the Internet. Explain the dataset in terms of attribute names and data

The initial problem was how alissa would manage locations

The initial problem was how Alissa would manage locations almost an hour apart while maintaining the level of quality and service customers expected. Does this problem require a routine or non-routine decision? Explain y ...

Paraphrase this answer bellowsuccessful implementation of

Paraphrase this answer bellow. Successful implementation of the TPP could have been regarded as the most important trade agreement that could have benefited members and non-members. The deal could have led to the liberal ...

Explain the formation of friendship groups such as those

Explain the formation of friendship groups, such as those seen in dorms among first year college students, in terms of these principles: proximity, elaboration, similarity, complementarity, and reciprocity

Web-service apis are used to create interactive android

Web-service API's are used to create interactive Android applications. Research and discuss three web-service API's and identify the features associated which each Web-service API.

What are the best practices a firm should follow to better

What are the best practices a firm should follow to better ensure compliance with US export controls?

Please explain exploration and exploitation and how each

Please explain exploration and exploitation? and how each are used and the benefit.

What is meant by functional distribution of income in

What is meant by functional distribution of income in macroeconomic analysis? And explain how this form of distribution of income can generate income inequality. Why equaity is controversial goal in macroeconomic analysi ...

Mr barney the ceo has received your memo request to be

Mr. Barney, the CEO, has received your memo request to be considered for further leadership positions. He has decided to put you to the test! He assigns you to help his Director of Payroll, Loretta Cash with a problem.  ...

Describe the difference between financial accounting and

Describe the difference between financial accounting and managerial accounting. Give examples of the uses of each one.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As