BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Companies, Business
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Companies, Research
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Customer, Business
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Business, Customer
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Detailed explanation-1: -A target market is the overall group of people a business is trying to reach through its marketing efforts. Meanwhile, a target audience is a specific subset of the target market that a company attempts to reach through targeted marketing efforts.
Detailed explanation-2: -Target market: A target market is a group of customers that the business has decided to aim its marketing efforts and ultimately its merchandise toward.
Detailed explanation-3: -Answer» C. A specific group of potential customers toward which a venture aims its marketing plan.
Detailed explanation-4: -A target market is the specific group of people you want to reach with your marketing message. They are the people who are most likely to buy your products or services, and they are united by some common characteristics, like demographics and behaviors.