Firmographics

Pronunciation: /fɜrməˈɡræfɪks/

Definitions of firmographics

noun a set of characteristics used to categorize and analyze businesses, such as industry, size, revenue, and location

Example Sentences

A1 Firmographics help businesses understand their target market.

A2 The firmographics of the region indicated a high demand for luxury goods.

B1 Analyzing firmographics can assist in developing effective marketing strategies.

B2 The company used firmographics to tailor their product offerings to specific demographics.

C1 In-depth firmographics research revealed new opportunities for expansion.

C2 The firmographics data provided valuable insights into consumer behavior patterns.

Examples of firmographics in a Sentence

formal Firmographics is the study and classification of companies based on various attributes such as industry, size, and revenue.

informal Firmographics helps businesses understand their target market better by providing detailed company information.

slang Knowing the firmographics of your competitors can give you a competitive edge in the market.

figurative Just like demographics for individuals, firmographics provide valuable insights into the characteristics of businesses.

Grammatical Forms of firmographics

• plural: firmographics
• comparative: more firmographics
• superlative: most firmographics
• present tense: firmographics
• future tense: will firmographics
• perfect tense: have firmographics
• continuous tense: is firmographics
• singular: firmographic
• positive degree: firmographics
• infinitive: to firmographics
• gerund: firmographicing
• participle: firmographiced

Origin and Evolution of firmographics

First Known Use: 1990 year

Language of Origin: English

Story behind the word: The word 'firmographics' is believed to have originated from the combination of 'firm' and 'demographics' to specifically refer to demographic data related to businesses or organizations.

Evolution of the word: The term 'firmographics' has gained popularity in the business and marketing fields in recent years as a way to understand and target specific businesses based on their characteristics and demographics. Its usage has evolved to become a key tool in B2B marketing strategies.