ch.10 Flashcards
microculture
links a group of people who share similar values and tastes with a larger culture group includes role conflict & divergence
Role Conflict
a situation where a consumer experiences conflicting expectations based on cultural expectations
Divergence
a situation in which consumers choose membership in microcultures in order to stand out or define themselves
Cohort
a group of people who have lived thru the same experiences and end up sharing their core values ex)Baby boomers
Demographics
Observable, statistical aspects of populations such as age, gender or income
Demographic Analysis
a profile of a consumer group based on their demographics
Cultural & Demographic Trends Affecting CB
Declining birth rates, increasing consumer affluence, increase life expectancy and increase in cultural diversity
Baby Boomers vs. Generation X
baby boomers were born between 1946 & 1964, generation x is between 1965 and 1980, than generation y/millennials