HUEC 2045 Chapter : HUEC 2045 Chapter 3

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15 Mar 2019
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Affect fashion interest and demand: market segmentation by geographic, demographics, psychographics, and behavior, the degree of economic development and well being of a country or society, the sociological characteristics of the class structure, the psychological attitudes of consumers. Specific groups of potential customers that a business is attempting to turn into regular customers. Combines groups based on degree of urbanization and socioeconomic status. The vals 2 (values and lifestyles) system groups consumers based on primary motivation and resources. A high level of economic development which is reflected in consumer income, population characteristics and technological advances. Personal= total income of a group (before taxes) Disposable= take home pay used to buy food, shelter, clothing. Discretionary= what remains for the consumer to spend after taxes and necessities (most important income for fashion demand) The u. s. population has increased dramatically and will continue to grow. Advanced education became available to increasing numbers of women.

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