To determine what motivates purchasing decisions of gays and lesbians, a study by New American Dimensions, LLC and Asterix Group divides the gay and lesbian market demographic into five distinct segments, highlighting a wide range of lifestyles, values and consumption preferences, reports MarketingCharts.
The five segments, according to the study (see chart):
The study cross-references the segments with each segment’s preferred ad styles and imagery, resulting in insights for targeting this influential demgoraphic (see chart enumerating the segments’ traits).
Among the media preferences of gays and lesbians:
“We have segmented the LGBT market in all its diversity, providing a more detailed picture of the gay and lesbian customer, providing highly sought-after insights to mainstream advertisers,” said David Morse, President of New American Dimensions, LLC.
MarketingCharts has more from the study.
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