Consumer diversity is influenced by the consumer's age, gender, regional influences, ethnic and religious influences, and more.
Age cohorts are a group of consumers who are born in the same period, such as Millennials born between 1980 and 1994, also known as Generation Y.
Boomerangers are consumers who move back with their parents after college or after being on their own.
Brand awareness and preference are built early in life.
Products that help deal with establishment of identity, rebellion, and peer acceptance are popular among teens.
Incorporating symbols, issues, and language of teens in advertising messages can be effective in reaching this audience.
Traditional and social media can be used to showcase the brand or product in a lifestyle or sports setting.
Gen Xers, individuals born between 1965 and 1979, are a diverse group of 49 million with few owning homes and being cynical about obvious marketing techniques.
Gen Xers can be reached through alternative music radio stations and cable TV, advertisements in music-related publications, messages displayed at concerts, sporting events, and popular vacation spots, and internet, mobile marketing, and social media.
Variation exists in values and lifestyles among consumers within a region, and clustering is the grouping of consumers according to common characteristics using statistical techniques.
Seniors are a growing market for health-related products and services, retirement communities, and are brand-loyal.
Religion plays a significant role in consumer behavior, and cultural influence is based on religious beliefs.
Marketing tactics should demonstrate understanding and respect for the targeted group’s beliefs and customs, and the use of religious symbols and themes in ads is recommended.
Acculturation is the process of learning how to adapt to a new culture, and consumers acquire knowledge, skills, and behavior by modeling the behavior of others, through social interaction and reinforcement or receipt of rewards for certain behaviors.
Gender is the biological state of being male or female, while sexual orientation is a person’s preference toward certain behaviors, which can be masculine, feminine, and androgynous, gay, lesbian, bisexual, and transgender.
Hispanic Americans are acculturated people who speak mostly English and have a high level of assimilation, and their level of acculturation and intensity of ethnic identification affect consumption patterns.
Marketers can segment the market by focusing on religious affiliation, delivering targeted messages and promotions, and using certain media to deliver them.
African Americans believe that people should feel free to live, dress, and look the way that they want to, and have a strong desire to preserve cultural identity as incomes rise.
Cultural differences across the world include individualism versus collectivism, horizontal versus vertical orientation, and masculine versus feminine.
Ethnic influences affect how consumers think, feel, and act, and an ethnic group is a sub-culture with a similar heritage and values.
Seniors perceive ads with positive older role models as credible and benefit from an age-friendly shopping environment.
Asian Americans are the fastest growing subculture with a large diversity, and they place a strong emphasis on family, tradition, and cooperation.
Baby Boomers, individuals born between 1946 and 1964, consist of 76 million individuals and are an influential consumer segment due to their size and buying power.
Baby Boomers are labeled the sandwich generation and value individualism and freedom.
Seniors, individuals over 65 years old, are a diverse group with women outnumbering men and engaging in schematic processing due to reduced information processing skills.