Bahasa Inggris Niaga ADBI4201 Sesi 3

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Bahasa Inggris Niaga ADBI4201 Sesi 3

Building on our discussion of the third session topic, Demographics, consider the implications of
shifting demographics on consumer preferences and behavior. How do you think changes in age
groups and population composition might influence consumer trends and market demands?
Provide a detailed explanation, drawing on the knowledge gained from the session material and
additional resources.
Berdasarkan diskusi kita pada topik sesi ketiga, Demografi, pertimbangkan implikasi pergeseran demografi terhadap
preferensi dan perilaku konsumen. Menurut Anda, bagaimana perubahan kelompok umur dan komposisi populasi dapat
memengaruhi tren konsumen dan permintaan pasar? Berikan penjelasan rinci, berdasarkan pengetahuan yang diperoleh
dari materi sesi dan sumber tambahan.

Demographics are statistics that describe populations and their characteristics. Demographic
analysis is the study of a population-based on factors such as age, race, and sex.

Demographic data refers to socioeconomic information expressed statistically, including


employment, education, income, marriage rates, birth and death rates, and more.

Governments, corporations, and non-government organizations use demographics to learn more


about a population's characteristics for many purposes, including policy development and
economic market research. Shifting demographics have a profound impact on consumer
preferences and behavior, as they directly influence the composition and characteristics of target
markets.

Generational Preferences:

 Baby Boomers (1946-1964): As this generation ages, they tend to prioritize health and
wellness products, retirement planning, and experiences that enhance their quality of life.
They are more likely to be loyal to established brands and have higher disposable incomes.
 Generation X (1965-1980): This group is in the peak of their careers and family-building
years. They are tech-savvy and value convenience. They tend to seek products and services
that cater to their busy lifestyles, such as home automation, time-saving gadgets, and
family-oriented offerings.
 Millennials (1981-1996): Millennials are known for their digital-native tendencies,
environmental consciousness, and a preference for experiences over material possessions.
They are a driving force behind the demand for sustainable and ethical products, as well as
innovations in technology and e-commerce.
 Generation Z (1997-2012): The youngest consumers in the market, Gen Z, value
authenticity, social responsibility, and individuality. They are digitally fluent and highly
influenced by social media. This demographic is driving trends in personalized products,
influencer marketing, and ethical sourcing.

In conclusion, understanding and adapting to changing demographics is essential for a business to


remain relevant and successful. Tailoring products, services, and marketing efforts to align with the
preferences and needs of different demographic segments can increase market share and
customer loyalty. Additionally, keeping up with emerging demographic trends can give businesses
a competitive advantage in an ever-evolving market landscape.

Sumber referensi:

Demographics: How to Collect, Analyze, and Use Demographic Data

By ADAM HAYES Updated September 30, 2023

https://www.investopedia.com/terms/d/demographics.asp

Tiahn Wetzler, Manager, Content & Editorial, Adjust, 26 Okt 2021.

https://www.adjust.com/id/blog/how-to-market-your-app-to-different-generations/

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