Ask HN: "Social Class" or "Purchasing Power" criteria for target ads?
Since the early theories of marketing, we know that the "social class" of a person is an important type of market segmentation. In practice, by knowing how much money a person can spend, companies can target specific products or services to increase the possibilities of conversion. The theory seems easy, but I don't see companies using it online.
By the way, I don't think that the usage of the term "social class" sounds good. Despite being very popular, researchers and theorists do not come into consensus on its definition. I prefer "Purchasing Power".