How does age influence consumer behavior?
Age significantly impacts consumer behavior, affecting preferences, spending habits, and brand loyalty.
Can you give examples of how different age groups shop?
Sure! Younger consumers often prefer online shopping and social media influence, while older consumers may value in-store experiences.
What products are popular among millennials compared to baby boomers?
Millennials tend to favor tech gadgets and sustainable products, while baby boomers often prioritize health-related items and traditional brands.
How can businesses target different age groups effectively?
Businesses can tailor marketing strategies by understanding the unique preferences and behaviors of each age group, using targeted ads and platforms.
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