What is "generational marketing" and what are the good points and bad points of this approach?

What is "generational marketing" and what are the good points and bad points of this approach?



-Generational Marketing:a marketing approach that uses generational segmentation in marketing communication

-Good Points: allows marketers to better identify product with generation, provides value specific to generation, creates generational community

-Bad Points: need to split generations into more precise age-specific segments, may be less effective than segmenting them by lifestyle, common values, or need



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Principles of Marketing

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