What is the target market?
Posted: Mon Feb 17, 2025 4:44 am
In this article, we will explore how to distinguish between the two concepts, how to apply them effectively, and provide additional practical tips that you can apply immediately. Main contents [ hide ] 1. What is the target market? 2.
What is the target customer? 3. The difference between target market and target customer 4. How to determine both of these factors? 5. Common mistakes to avoid 6. Conclusion 1. Your target market is the group of consumers or businesses your product or service is aimed at.
It is the big picture, the “big land” where canada telegram data you are looking for opportunities to grow your business. Target markets are segmented based on four main factors: Demographics : Includes age, gender, income, education, occupation, marital status. For example: Mothers aged 25-40, with young children, living in big cities.
Geographic : Focus on a specific geographic area such as a country, region, or even county. For example: People in coastal areas are interested in sunscreen products. Psychographics : The analysis of consumer lifestyles, values, preferences, and attitudes.
What is the target customer? 3. The difference between target market and target customer 4. How to determine both of these factors? 5. Common mistakes to avoid 6. Conclusion 1. Your target market is the group of consumers or businesses your product or service is aimed at.
It is the big picture, the “big land” where canada telegram data you are looking for opportunities to grow your business. Target markets are segmented based on four main factors: Demographics : Includes age, gender, income, education, occupation, marital status. For example: Mothers aged 25-40, with young children, living in big cities.
Geographic : Focus on a specific geographic area such as a country, region, or even county. For example: People in coastal areas are interested in sunscreen products. Psychographics : The analysis of consumer lifestyles, values, preferences, and attitudes.