to what extent is usage of hair oil associated with the demographic characteristics of consumer? this question can be answered through​

Business Studies Secondary School in Business Studies 10 months ago

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A demographic CHARACTERISTIC is generally the statistical INFORMATION about a population.

This could be factors like;

Age

Health

General income

Educational level

Race

Gender

Usage of hair OIL could be affected by the demographic characteristics in various WAYS like;

Gender would affect how the market of a hair oil product will be.

In a population where most of the people are women,the oil will be more marketable compared to a situation where most of the people are men.

The age of the population of a CERTAIN place would influence the market demand of a hair oil since people of the middle age would demand more of the product than those of a very tiny age or very old.

General income of the people in a certain population will affect the demand of the hair oil since when the income is high,the rate of disposable income will also be high leading to a high demand of the oil and vice versa.

When a population has high level of education ,they tend to know the benefits of using hair oil compared to an uneducated population.

This will then lead to a a higher demand of the hair oil by the educated population than the uneducated population.

Posted on 18 Nov 2024, this text provides information on Business Studies related to Secondary School in Business Studies. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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