Explain the importance of demographic factors in marketing. Give some examples.

The marketing is a field that includes a broad range of activities that range from and development for promotion and support after the sale. Many businesses engage in market segmentation to concentrate on a particular type of customer. This procedure needs a larger target, audience and breaking down in a smaller and more selected market. Demographic segmentation is a common strategy where socioeconomic strategy is used to categorize several customers according to their age, gender, sex, and socioeconomic status.