High Income, High spenders starbucks‘ target market is often described as affluent or high income (around $90,000).
That’s why every affluent neighborhood has a Starbucks not far away. However, numerous Starbucks cafes are surrounded by middle-income neighborhoods where people don’t have such high incomes.
What are the two most commonly used demographic variables used by marketers
Companies divide markets using characteristics such as age, gender, income, education, and family size to achieve demographic segmentation.
Age and gender are the most commonly used demographic variables because they are often the easiest to identify.
How do you determine customer demographics?
- Age
- Location
- Gender
- Income level
- Education level
- Marital or family status
- Occupation
- Ethnic background
What is the demographic segmentation of Jollibee
Demographic Segmentation With regards to age, the two age groups targeted by Jollibee Foods Corporation are 20-45 and 45060 years.
Regarding gender, Jollibee Foods Corporation targets both females and males with a broad product portfolio.
What is the target customer of Coca Cola
Targeting of Coca-Cola The primary target of Coca-Cola is younger customers within the age bracket of 10-25 and a secondary market composed of people aged 25-40.
The company targets the market that desires an intense flavor with their regular cola drinks in terms of taste.
What is the segment of Jollibee
It operates through the following segments: Food service, Franchising, and Leasing. The Food Service segment operates quick service restaurants and the manufacture of food products to be sold to Jollibee Group-owned and franchised QSR outlets.
Who is Starbucks target demographic
Starbucks markets to both males and females, in a wide age group of 22 to 60 years, with a focus mostly on urban and suburban centers.
The target market is relatively affluent – middle and upper class – as well as educated, socially aware, active and busy.
Who is Dunkin Donuts target market
#1. This segment of the Dunkin Donuts target market includes people who have a strong emotional attachment to the brand.
They grew up going to Dunkin’ Donuts with their parents or grandparents and now they want to share that experience with their own children.
Who is Burger king‘s target audience
Customers of Burger King are the people who want to enjoy safe, tasty fast foods and beverages.
Most of the customers of Burger King are in the age group of 15-40 years in developing nations and in developed nation’s customers of all age groups prefers the Burger King fast-food chain.
What is Gucci’s demographic
Demographics By Department Gucci is a male-dominated company. 42% of Gucci employees are male and 58% of Gucci employees are female.
The most common race/ethnicity at Gucci is White.
What is Starbucks psychographic
Starbucks is a big fan of psychographic segmentation, and this largely defines their relatability as a brand.
For example, they have the, “Non-coffee drinkers who still want to socialize” (catered too by selling frappuccinos and sandwiches in-stores), and the.
Citations
https://www.voxco.com/blog/demographic-segmentation-examples/
https://www.tutorialspoint.com/food_and_beverage_services/food_and_beverage_services_types_of_service.htm
https://www.barrons.com/market-data/stocks/jfc/company-people?countrycode=ph
https://www.formpl.us/resources/market-segmentation/demographic/
