Customer Segmentation by Demographics

2 minutes
Share the link to this page
Copied
  Completed
You need to have access to the item to view this lesson.
One-time Fee
$49.99
List Price:  $69.99
You save:  $20
€47.51
List Price:  €66.52
You save:  €19
£39.49
List Price:  £55.29
You save:  £15.80
CA$70
List Price:  CA$98.01
You save:  CA$28
A$77.33
List Price:  A$108.26
You save:  A$30.93
S$67.34
List Price:  S$94.28
You save:  S$26.94
HK$389.03
List Price:  HK$544.68
You save:  HK$155.64
CHF 44.45
List Price:  CHF 62.24
You save:  CHF 17.78
NOK kr558.35
List Price:  NOK kr781.73
You save:  NOK kr223.38
DKK kr354.44
List Price:  DKK kr496.25
You save:  DKK kr141.80
NZ$85.34
List Price:  NZ$119.48
You save:  NZ$34.14
د.إ183.61
List Price:  د.إ257.07
You save:  د.إ73.45
৳6,021.25
List Price:  ৳8,430.24
You save:  ৳2,408.98
₹4,219.67
List Price:  ₹5,907.88
You save:  ₹1,688.20
RM223.98
List Price:  RM313.59
You save:  RM89.61
₦84,207.15
List Price:  ₦117,896.75
You save:  ₦33,689.60
₨14,000
List Price:  ₨19,601.13
You save:  ₨5,601.12
฿1,754.64
List Price:  ฿2,456.64
You save:  ฿702
₺1,717.77
List Price:  ₺2,405.01
You save:  ₺687.24
B$291.53
List Price:  B$408.16
You save:  B$116.63
R913.08
List Price:  R1,278.38
You save:  R365.30
Лв92.76
List Price:  Лв129.87
You save:  Лв37.11
₩70,387.15
List Price:  ₩98,547.64
You save:  ₩28,160.49
₪187.72
List Price:  ₪262.83
You save:  ₪75.10
₱2,942.24
List Price:  ₱4,119.38
You save:  ₱1,177.13
¥7,803.91
List Price:  ¥10,926.10
You save:  ¥3,122.19
MX$1,027.62
List Price:  MX$1,438.75
You save:  MX$411.13
QR183.74
List Price:  QR257.25
You save:  QR73.51
P683.83
List Price:  P957.42
You save:  P273.58
KSh6,473.70
List Price:  KSh9,063.70
You save:  KSh2,590
E£2,467.95
List Price:  E£3,455.33
You save:  E£987.38
ብር6,151.01
List Price:  ብር8,611.91
You save:  ብር2,460.90
Kz45,573.91
List Price:  Kz63,807.12
You save:  Kz18,233.21
CLP$48,985.70
List Price:  CLP$68,583.90
You save:  CLP$19,598.20
CN¥362.11
List Price:  CN¥506.99
You save:  CN¥144.87
RD$3,035.42
List Price:  RD$4,249.83
You save:  RD$1,214.41
DA6,699.97
List Price:  DA9,380.49
You save:  DA2,680.52
FJ$113.84
List Price:  FJ$159.39
You save:  FJ$45.54
Q389.35
List Price:  Q545.12
You save:  Q155.77
GY$10,541.93
List Price:  GY$14,759.55
You save:  GY$4,217.61
ISK kr6,970.60
List Price:  ISK kr9,759.40
You save:  ISK kr2,788.80
DH501.11
List Price:  DH701.60
You save:  DH200.48
L903.57
List Price:  L1,265.07
You save:  L361.50
ден2,922.87
List Price:  ден4,092.25
You save:  ден1,169.38
MOP$403.70
List Price:  MOP$565.22
You save:  MOP$161.51
N$905.37
List Price:  N$1,267.59
You save:  N$362.22
C$1,854.78
List Price:  C$2,596.85
You save:  C$742.06
रु6,800.50
List Price:  रु9,521.24
You save:  रु2,720.74
S/191.01
List Price:  S/267.43
You save:  S/76.42
K202.53
List Price:  K283.56
You save:  K81.03
SAR187.83
List Price:  SAR262.97
You save:  SAR75.14
ZK1,378.33
List Price:  ZK1,929.77
You save:  ZK551.44
L236.45
List Price:  L331.05
You save:  L94.60
Kč1,201.36
List Price:  Kč1,682
You save:  Kč480.64
Ft19,383.17
List Price:  Ft27,138
You save:  Ft7,754.82
SEK kr551.85
List Price:  SEK kr772.63
You save:  SEK kr220.78
ARS$49,903.65
List Price:  ARS$69,869.10
You save:  ARS$19,965.45
Bs348.26
List Price:  Bs487.60
You save:  Bs139.33
COP$225,149.51
List Price:  COP$315,227.33
You save:  COP$90,077.82
₡25,735.02
List Price:  ₡36,031.09
You save:  ₡10,296.06
L1,272.39
List Price:  L1,781.45
You save:  L509.06
₲393,320.50
List Price:  ₲550,680.18
You save:  ₲157,359.67
$U2,123.91
List Price:  $U2,973.65
You save:  $U849.73
zł206.03
List Price:  zł288.46
You save:  zł82.43
Already have an account? Log In

Transcript

The consumer goods industry segments their customers by age. For example, manufacturers of the washing machine and refrigerators mostly target the homemakers. These products may not appeal, the young ones PlayStations are targeted to a more younger audience. If they target an elderly population, their product may fail to generate adequate sales. Do you know how Facebook earns revenue? One of the ways for Facebook to earn money is through advertisements.

You may have observed that a particular ad keeps showing up in your daily feeds on Facebook. This is because Facebook has created segments of its users by profession, by location, by gender, by languages, among others. It offers the advertisers an option of targeting a particular segment of its audience based on their product. Now you know how Facebook earns money. Demographics also include segmentation by geographic locations. Climate is one of the influencers when segmentation is done via geographic location.

I cannot imagine heavy sales of air conditioners, cold rings, ice cream, motorbikes in areas with cold climate Manufacturers of heaters, woollen wear. geezers will not consider warm climatic locations as their primary sales target.

Sign Up

Share

Share with friends, get 20% off
Invite your friends to LearnDesk learning marketplace. For each purchase they make, you get 20% off (upto $10) on your next purchase.