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19 September 2022
What marketers should bear in mind when thinking about generations
Demographic & socio-economic segmentation
Lifestage segmentation
Strategy
When analysing generational differences, marketers should take care to consider “period effects”, “lifecycle effects” and “cohort effects” to fully understand the influences that shape people’s lives.
Why it matters
While generational analysis is a powerful tool for thinking about the future, most types of generational analysis have been corrupted by stereotypes, myths and clichés which, in turn, fuel fake age-group patterns that can distract marketers from vitally important trends.
Understanding generations
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