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When managing the promotion mix, marketers are utilizing technology to deliver important information directly to the customer. For example, during the spring planting season, Home Depot and Lowes added QR codes to plants. When scanned with a mobile app, customers could make better buying decisions. The code offered information on planting time, watering schedule, and other pertinent tips on each plant. Home Depot even ran a commercial to let its customers know how it was using technology to assist them with their spring planting decisions. Whether using new promotional methods or traditional promotional methods, Home Depot
Fitness Trackers
Wearable devices that monitor and record a person's physical activity, health metrics, and overall fitness level.
Population Growth
The increase in the number of individuals in a population, often measured by birth rate minus death rate, immigration, and emigration.
Demographic Characteristics
Statistical aspects of populations used for identification and analysis, such as age, gender, income level, race, education, and family size.
Baby Boomers
Includes the generation of 76 million children born between 1946 and 1964.
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