Article ID: | iaor198872 |
Country: | United Kingdom |
Volume: | 2 |
Issue: | 1 |
Start Page Number: | 7 |
End Page Number: | 11 |
Publication Date: | Jan 1989 |
Journal: | OR Insight |
Authors: | Beaumont J., Beaumont C. |
Keywords: | statistics: empirical |
As marketing has evolved from ‘mass marketing’ into ‘niche marketing’, less reliance is being placed on the use of social class classifications for defining target markets and consumers. Instead, spatially disaggregated market analyses, employing ‘geodemographic’ data, have become essential for companies to be able to plan, both tactically and strategically, with regard to customers’ needs and competitive threats.