What stood out the most to me is how the use of traditional demographics no longer serves as a basis for marketing strategy. It was surprising to read because I assumed that such demographics (age, sex, income and education) would be a definite influence on purchasing decisions made by a consumer. I thought that information would be extremely useful for businesses to factor in when developing a marketing strategy for a specific product and its potential consumers.
The "Drift into Nebulousness" I found to be confusing. However, I found an interesting Prezi presentation about it online, which can be found here:
https://prezi.com/lcpvqlbzrer1/rediscovering-market-segmentation/
https://prezi.com/lcpvqlbzrer1/rediscovering-market-segmentation/
The two questions I would ask the author are:
- In your opinion, are traditional demographics influential in developing a unique market strategy?
- What is the relationship between the Drift into Nebulousness and Market Segmentation?
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