Demographics and Market Strategy:
Businesses often use demographic analysis to understand the characteristics of their target market, such as age, income, education level, and family structure. How can companies leverage demographic data to design effective marketing strategies and enhance customer engagement? Discuss the importance of tailoring marketing efforts to specific demographic segments and provide examples to illustrate your points. How can these strategies help a business succeed in a competitive market?
How can companies leverage demographic data to design effective marketing strategies and enhance customer engagement?
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