Demographics and Subculture

advertisement

MKTG 371

Perner

Demographics and Values

U.S. values and implications

Demographic variables

Social stratification

 in the U.S.

 in other cultures

Strategic implications

Values

Other oriented

Religious vs. secular

Sensual gratification vs. abstinence

Postponed vs. immediate gratification

Material vs. nonmaterial

Hard work vs. leisure

Active vs. passive

Environment related

Cleanliness

Tradition vs. change

Risk taking vs. security

Problem solving vs. fatalistic

Admire vs. overcome nature

Performance vs. status

MKTG 371

Perner

More Values

Other oriented

Individual vs. collective

Diversity vs. uniformity

Limited vs. extended family

Youth vs. age

Competition vs. cooperation

Masculine vs. feminine

MKTG 371

Perner

Marketing Strategy and Values

“Green” marketing

Cause-related marketing

Marketing to gay and lesbian consumers

Gender based marketing

MKTG 371

Perner

Issues in Demographics

Population

 size: number of individuals distribution

 across a geographic region rural, urban, or suburban

MKTG 371

Perner

DEFINITION

Structure

 age economic stratification occupational distribution status/social class

Demographics: the description of a population in terms its size, distribution, and structure.

Demographics helps

Understand current markets --demand for products explained in terms of personal characteristics

Predict future markets

MKTG 371

Perner

Population

U.S.

 growing, fueled by immigration rather than birthrates

(implications)

 shifting (away from

Midwest toward South,

Southwest) highly mobile

Germany

 declining (large incentives given to have children)

 traditionally static

(immobile) but more mobile now due to

 unification of East and

West Germany

 opportunities with EC

MKTG 371

Perner

“Graying” countries

Germany, Japan, U.S.

High birthrate areas

Africa, parts of Asia,

Latin America

Age group vs. demand for products

(refer to section on subculture)

Age

MKTG 371

Perner

Income

Income adjustments

Taxes and other deductions

Benefits

Actual vs. subjective discretionary income

(SDI)

Income vs. willingness to spend

MKTG 371

Perner

MKTG 371

Perner

Other Demographic Variables

Occupation

Education

Ethnic group (refer to section on subculture)

Religious groups

Geographic region

Social Class/Stratification

In the U.S.

 often denied not clearly defined but clear differences in individual

 status income power/privilege

In India

 traditionally defined by

 rigid caste (now officially outlawed but still in practice) movement traditionally not permitted

In Britain

 class differences not legally spelled out, but accepted by tradition

 class “consciousness” some upward movement possible

MKTG 371

Perner

Implications for Marketing

Strategy

Positioning strategies

Upward Pull

(opportunity to enjoy pleasures of higher class)

Appeal to newly wealthy (ability to enjoy better things in life now)

“At level’’--accurately portray class standing

MKTG 371

Perner

Download