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Part of the key to your business success is to clearly define your target market segmentation both by audience, gender, ages and most importantly; location.
And if you're in business that provides products or services for certain class of audience, then you better start planning. Read the story below and see where we are headed. Well, it's well documented that black buying power in America reaches billions of dollars each year, so in 50 years, if your audience are mostly blacks and Hispanics, then you'll need to double your production quotas as these will become the majority. Whites to be minority in US by 2050 study Yahoo! News Mon Feb 11, 11:50 AM ET Immigration will drive the population of the United States sharply upward between now and 2050, and will push whites into a minority, projections by the Pew Research Center showed Monday. "If current trends continue, the population of the United States will rise to 438 million in 2050, from 296 million in 2005," an increase of nearly 50 percent, the study by the Washington-based think-tank said. More than 80 percent of the increase will be due to immigrants arriving in the country and their US-born children, who will make up nearly one in five Americans by 2050 compared with one in eight in 2005, it said. Whites, who currently make up around two-thirds of the US population, will become a minority (47 percent) by 2050, the report said. The Hispanic population, currently the largest minority group, will triple in size and double in percentage terms from 14 percent in 2005 to 29 percent in 2050, the report said. The Asian population will roughly double in percentage terms, from five percent to nine percent, while the black population will remain static at around 13 percent. The projections are based on trends over the past 50 years, during which legal and illegal immigration have played an increasing role in US population growth, the report said. From 1960 to 2005, new immigrants and their US-born descendants accounted for 51 percent of population increase, and for 58 percent from 1980 to 2005, the report said. But, the report warned, "possible future changes in immigration policy" could impact the projections. Illegal immigration has become a top issue in the race for the US presidency, especially among Republican candidates, most of whom favor of a crackdown. Last edited by usakos; 02-11-2008 at 04:28 PM. |
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I am human and I do make errors, typos, or misspellings, and sometimes I do edit my typos all the time, so that's nothing for anyone to be concerned about. I thought you were referring to the whole thread statement, not the little typo if that's what you're referring to. One should try instead to focus on the overall idea/statement, not the minor typos. |
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i have no quarrel with you and will never have quarrel with you over a thread, whether you call me whatever you want. I don't have to lie for a thread I created and posted about a group of minorities "manority" and majorities "majority" in 2050.
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how the hell is 47% a minority? I just don't get that...this is coming from an Asian.
Thinkpoint Web Design
http://www.thinkpoint.org Small Blogs Network http://www.smallblogsnetwork.com |
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LOL! Well, in business jargon a majority of members could mean anything greater then 50%....so 47% could still be considered a minority? (*Shrug*)
Disclaimer: The information that I post in this forum is NOT legal advice and should not be relied as such. It is intended to provide general information in summary form on legal topics. Formal legal advice should be sought in particular matters.
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Oh my gosh, here I go again. Me and my big mouth!
THIS POST IS NOT INTENDED TO DISCREDIT OR OFFEND ANY USER AT ALL, INCLUDING THE ORIGINAL POSTER. IT IS MEANT TO ADDRESS AN ISSUE AND NOT A PERSON. I can somewhat see the relevance of this thread. However, there are quite a few other threads that are posted that seem to have no relevance but to spark heated emotional and personal debates. I'm curious as to whether we are starting threads for the purpose of engaging in intellectual conversation or solving problems, or because threads with a greater number of responses provide the original poster with more of these YE points. This thought came to mind after I read a post asking members to provide their net worth, which was then followed by another post by the original poster: "post your net worth and make this thread real long...!" I'm drawing no conclusions, making no accusation, and naming no names. Either way, I don't care. I'm just curious. REMINDER - THIS POST IS NOT INTENDED TO DISCREDIT OR OFFEND ANY USER AT ALL, INCLUDING THE ORIGINAL POSTER. IT IS MEANT TO ADDRESS AN ISSUE AND NOT A PERSON. Last edited by BusinessAdviser; 02-12-2008 at 12:40 AM. |
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Your nationality has hereby been revoked.
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A thinker sees his own actions as experiments and questions--as attempts to find out something. Success and failure are for him answers above all. Friedrich Nietzsche |
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Aside from the numbers, this thread does raise a very important broader issue for companies to address: No market is unchanging.
As entrepreneurs, we all need to be aware of our constantly-changing markets, adjust our businesses accordingly, and try to head them off wherever possible. |
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I'm not going to comment on the thread I just love Jmeng's *WARNING* messages...
I would just put an * and follow up at the bottom in small print.
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Way to stick to making a post relevant to the thread rather than trying, once again, to get just at someone personally, huh?! I thought we all got that out of our systems the other day. Last edited by BusinessAdviser; 02-12-2008 at 02:20 AM. |
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It's amusing...
Glad I'm not the only insomniac tonight. Well I'll comment on the thread anyway Pew Research article Pew Research Center: Immigration to Play Lead Role In Future U.S. Growth "The nation's elderly population will more than double in size from 2005 through 2050, as the baby boom generation enters the traditional retirement years. The number of working-age Americans and children will grow more slowly than the elderly population, and will shrink as a share of the total population." Consider getting into the healthcare industry..... I know it's not new news.... but I think business is there now and it'll be there for many more years. And the immigration issue... well that's great the more young people the better.... maybe by the time I'm a senior this social security problem will be solved. |
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Do I really care though? My plan is hardly to stay here in the long term anyway. I just don't understand how 47% is considered a minority when it's still the SINGLE LARGEST GROUP in the US.
I'm beginning to hate all that crap about being PC nowadays, and I totally agree that this thread is totally unnecessary.
Thinkpoint Web Design
http://www.thinkpoint.org Small Blogs Network http://www.smallblogsnetwork.com |
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Disclaimer: The information that I post in this forum is NOT legal advice and should not be relied as such. It is intended to provide general information in summary form on legal topics. Formal legal advice should be sought in particular matters.
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