Question

Why Demographic data's are important?​

Answer 1

Answer:

Uses of demographic data: To group customers based on variables including age, gender etc. By grouping consumers using demographic data, it allows businesses to understand each segment, what they want and how they want it. ... Businesses can use demographics to determine the next step of their growing business.

Answer 2

Answer:

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Demographic data provides the platform and rationale for the development of educational plans. Furthermore, proper demographic data analysis, to a large extent, determines the potential demand for education and also the nature and type of education to be provided.

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