Explain the Demographic and Social environment factors that affect the marketing decisions.
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Demographic Factors: Demographic factors are related to population. ...
Ecological Factors: These factors primarily concern with ecological (natural) environment. ...
Economic Factors: ...
Socio-cultural Factors: ...
Political and Legal Factors: ...
International Environment: ...
Technological Factors:
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Education: Level of education is often tied to consumer preferences, as well as income. Geography: Area of residence, urban vs. rural, and population density can all be important inputs into marketing strategy and decisions about where and how to target advertising and other elements of the promotion mix.
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