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Wednesday, February 12, 2014

Lifestyles

Lifestyles Introduction If you look up the word Lifestyle in the dictionary you will find the rendering “a mastery of life or style of living that reflects the attitudes and values of a person or group”. However this definition does non connect much to marketing, or consumer purchasing habits. Another definition that would be of more relevance and importance to marketers is “Lifestyle refers to a physical body of consumption, of how he or she spends their time and money”. A lifestyle marketing perspective shows how mickle sort themselves into groups on the prat of activities they enjoy, how they spend their free time, and how they spend their disposable income. This gives marketers a determine for market segmentation strategies. Market segmentation is the filling of groups of people who will be most receptive to a product. This is make using both Demographics (variables such as age, sex, race, income, occu pation, education, family status, and geo...If you want to energize a full essay, order it on our website: OrderCustomPaper.com

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