6 key female consumer segments

understand the women you target Believe it or not, research shows that women make the purchase decision for 94% of home furnishings, 92% of vacations, 91% of homes, 60% of automobiles, 51% of consumer electronics, and much more. Women are the most important gender in the marketing equation, most of the time. That said, it […]

understand the women you target Believe it or not, research shows that women make the purchase decision for 94% of home furnishings, 92% of vacations, 91% of homes, 60% of automobiles, 51% of consumer electronics, and much more. Women are the most important gender in the marketing equation, most of the time. That said, it is obvious that to target women as a homogeneous segment would be foolhardy. A study reported in the Harvard Business Review, identified six female consumer segments: Fast Tracker 24% of the population and 34% of earned income The educated economic elite seeking adventure and learning Pressure Cooker 22% of the population and 23% of earned income Married with children and feeling ignored and stereotyped Relationship Focused 16% of the population and 13% of earned income Content and optimistic, with ample time and discretionary income Managing on Her Own 10% of the population and 16% of…

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Five Tips For Reducing
The Cost Of Branding.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

Burning money on branding is more common than most marketers think. Because few businesses truly understand what a brand is and how branding works, advertising agencies, branding agencies and design studios have become expert at spending their client’s money without effective accountability.

1. Get out of the boardroom.

Perhaps the two most concerning issues about branding are the lack of understanding about what brand and branding are and the propensity to develop brands in the boardroom, perhaps with the help of a consultant.....

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