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Definitions from the WebMature MarketPart of speech: Noun Sense: The segment of the population consisting of older adults or retirees who have specific needs and buying power. Usage: The mature market is an important demographic for businesses to consider when developing products and marketing strategies. Example sentence: The company introduced a new line of senior-friendly smartphones to cater to the needs of the mature market. Part of speech: Adjective Sense 1: Referring to an economy or industry that mostly serves the needs of older adults or retirees. Usage: The retirement community has led to the growth of a mature market in the nearby area, with various services catering to seniors. Example sentence: The mature market segment has seen steady growth in recent years, leading to increased investments in senior living facilities and healthcare services. Sense 2: Referring to individuals who display wisdom, experience, and a mature perspective. Usage: The organization values employees with mature market knowledge and expertise in handling the needs of elderly customers. Example sentence: John's mature market approach to problem-solving has consistently yielded successful outcomes for the team. Related Products on Amazon: | ||||
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