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demographics
describe a population in terms of its size, distribution, and structure
distributing a population
size and distribution, occupation, education, income, age,
Subjective discretionary income (SDI)
an estimate by the consumer of how much money he or she has available to spend on nonessentials.
cognitive age
one’s perceived age, a part of one’s self-concept.23 It is measured by asking people what age they would associate with how they look, feel, and behave.
generation/age cohort
a group of persons who have experienced a common social, political, historical, and economic environment
mature market
consumers 55 years of age and over.
gerontographics
one segmentation approach to the mature market that incorporates aging processes and life events related to the physical health and mental outlook of older consumers.
societal rank
one’s position relative to others on one or more dimensions valued by society.
social class system
a hierarchical division of a society into relatively distinct and homogeneous groups with respect to attitudes, values, and lifestyles.
status crystallization
The more consistent an individual is on all status dimensions, the greater the degree of this for the individual.
conspicuous consumption
they purchase and use automobiles, homes, yachts, clothes, and so forth primarily to demonstrate their great wealth
nouveaux riches
Doing the “in thing” on a grand scale is important to this group. High-status brands and activities are actively sought out by them
working-class aristocrats
dislike the upper-middle class and prefer products and stores positioned at their social-class level
single-item indexes
estimate social status on the basis of a single dimension such as education, income, or occupation.
multi-item indexes
take into account numerous variables simultaneously and weight these according to a scheme that reflects societal views.
Index of Social Position (ISP)
a two-item index that is well developed and widely used. It combines both education and occupation to assess an individual's social status.
subculture
a segment of a larger culture whose members share distinguishing values and patterns of behavior.
ethnic subcultures
those whose members’ unique shared behaviors are based on a common racial, language, or national background.
event marketing
creating or sponsoring an event that has a particular appeal to a market segment.
acculturation
the degree to which an immigrant has adapted to his or her new culture.
religious subcultures
different religions in America prescribe differing values and behaviors. arise as a result of climatic conditions, the natural environment and resources, the characteristics of the various immigrant groups that have settled in each region, and significant social and political events.
secular society
the educational system, government, and political process are not controlled by a religious group, and most people’s daily behaviors are not guided by strict religious guidelines. (america)