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Showing posts from June, 2018

How Do You Treat Your Women?

Marketing wisdom tells us that 80% of all household purchases are made by women, and no business owner can ignore them. Marketers of kids’ gear, food, cosmetics and clothes are good at reaching women, but women buy gender-neutral stuff too, like cars, auto services, technology and just about everything except Viagra. Yankelovich marketing consulting firm reports that 60% of women 16 and older are working. They comprise over half of all college students and about 38% of small business owners according to the 2002 figures of the Bureau of Labor Statistics. A February 2002 study by Prudential Financial found that of 400 American women surveyed, 37% live in households with incomes of $50,000 - $100,000, and 12% were in the $100,000 annual income range. No business owner can afford to ignore this market, but not ignoring them is not the same as attracting them.  Attracting them is not the same as winning their loyalty, either. There is definitely a difference in dealing with women