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Written by GAURAB
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Saturday, 14 July 2007 |
 Although standardization has been a powerful strategy in consumer markets, it’s reached the point of diminishing returns. Customers are becoming more diverse, according to studies by geodemographers, people who study the population characteristics of specific geographic areas measuring ethnicity, age, wealth, urbanization, housing styles, and even family structures, the demographic company Claritas determined in the 1970s that 40 lifestyle segments were sufficient to define the U.S. populace.
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Last Updated ( Sunday, 29 July 2007 )
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