It long has been a staple of consumer marketing that it is important to gain young consumers because those purchasing habits will carry over as each demographic group naturally ages. Auto manufacturers, for example, have tried to work with a sort of transmission belt, where initial purchase of an affordable brand naturally progresses to more-profitable brands as those buyers grow older.
Whether or not the tactic works as well as it once did, there remain reasons why marketers still orient their campaigns and products around younger users. In the important global markets, the average age of a human being is lower than in developed regions.
That means the critical mass of current customers are younger, so it makes sense to focus on products that appeal to younger consumers. Outside of North America and Western Europe, the average population age is under 30 and in some cases under 25.
Monday, May 14, 2012
Why Service Providers, Like Other Marketers, Want "Younger" Customers

Subscribe to:
Post Comments (Atom)
A World Where "Answers" are the Issue, Not "Search" Results
The replacement of traditional search with language model “answers” shifts the internet from a link-based content ecosystem to a world where...
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
One recurring issue with forecasts of multi-access edge computing is that it is easier to make predictions about cost than revenue and infra...
No comments:
Post a Comment