what is demographs?what is its use
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Demographics is the study of a population based on factors such as age, race and sex. Governments, corporations and nongovernment organizations use demographics to learn more about a population's characteristics for many purposes, including policy development and economic market research.
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Demograph :- A demographic is a subset of a population that shares a common factor such as age, income or education level.
USES:
It is usually used to research a product or service and how well it is selling, who likes it and/or in what areas it is most popular. Data can be collected through methods such as sample surveys and questionnaires.
There are few things that we are able to predict when it comes to consumers. But by using demographic data, businesses can understand why customers make choices, is it because of where they live, their age, gender? It may enable them to forecast products in the future and how customers will react to them.
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