Target Demographics: Who You Should Focus On?
The world moves fast. As a marketer, that means that you have to be on the forefront of the newest trends. More importantly, changing demographics. With that in mind, here are a couple of groups you should focus on. These target demographics are the people you should be putting your resources towards.
Important Target Demographics
Millennials – The dreaded word, “Millennials.” Even though most people in this group do not like to be called by this term, it defines this generation. This generation of technologically capable individuals are known to be driven and diverse. They are also in the prime of their adulthood, so it is the perfect time to approach them with things they want and need.
Most of the people in this group grew up with technology. As a marketer, you can use this to your advantage. Target marketing works best for them. Find out what they like, what they do, and offer them products and services on the social media channels they frequent.
Women – With the possibility of the United States’ first female president on the way, you should be thinking about how to target women in the future. According to the United States Department of Labor, women make up 47 percent of the total U.S. work force. This means that they have purchasing power. Many of them are also the primary breadwinner of their household, making them the decision makers for what to buy and when to splurge.
Children – The children are our future. If you find out what they like now, this can lead to plenty of opportunities. While this group (known as Generation Z) is pretty much unknown, we do know that they are growing up with the internet as an everyday tool.
Another important factor to remember is that parents are concerned about their child’s health and well-being the most. That includes making sure they are happy and have a pleasant childhood. Parents are also more inclined to want to provide their children with everything they didn’t have. Out of all the target demographics, children have the power to influence what their parents buy.