Age cohort | a group of persons who have experienced a common social, political, historical, and economic environment.
(See page(s) 120)
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Cognitive age | one’s perceived age, a part of one’s self-concept.
(See page(s) 120)
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Cohort analysis | the process of describing and explaining the attitudes, values, and behaviors of an age group as well as predicting its future attitudes, values, and behaviors.
(See page(s) 121)
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Conspicuous consumption | the purchase and use of automobiles, homes, yachts, clothes, and so forth primarily to demonstrate great wealth.
(See page(s) 133)
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Demographics | describe a population in terms of its size, distribution, and structure.
(See page(s) 113)
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Generation | a group of persons who have experienced a common social, political, historical, and economic environment.
(See page(s) 120)
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Gerontographics | a segmentation approach to the mature market that is based on the physical health and mental outlook of older consumers.
(See page(s) 121)
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Index of Social Position (ISP) | a two-item index that is well developed and widely used.
(See page(s) 140)
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Index of Status Characteristics (ISC) | system based on four socioeconomic factors: occupation, source of income, house type, and dwelling area.
(See page(s) 140)
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Multi-item indexes | used to measure social class.
(See page(s) 140)
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Nouveaux riches | actively seek out high-status brand and activities; doing the “in” thing on a grand scale is important to this group.
(See page(s) 134)
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Single-item indexes | estimate social status on the basis of a single dimension.
(See page(s) 140)
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Social class system | a hierarchical division of a society into relatively distinct and homogeneous groups with respect to attitudes, values, and lifestyles.
(See page(s) 131)
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Societal rank | one’s position relative to others on one or more dimensions valued by society.
(See page(s) 131)
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Socioeconomic Status Scale (SES) | a scale which uses occupation, income, and education to produce four social categories: upper, upper-middle, middle, and lower-middle.
(See page(s) 141)
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Status crystallization | the question of whether or not an individual with high status based on one dimension will have high status based on the other dimensions.
(See page(s) 132)
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Subjective discretionary income (SDI) | an estimate by the consumer of how much money he or she has available to spend on nonessentials.
(See page(s) 117)
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Working-class aristocrats | dislike the upper-middle class and prefer products and stores positioned at their social-class level.
(See page(s) 137)
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