ECONOMICS
ENTREPRENEURS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
The ideal customers a business should try to attract
|
|
|
The customers marketed to by competitors
|
|
|
The possible customers for a business
|
|
|
The customers a business should avoid
|
Detailed explanation-1: -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.
Detailed explanation-2: -An ideal customer is someone who is part of your target market. They are likely to be a potential buyer of your product or service because it solves a specific problem or fulfills a need or want. Keep in mind that your ideal customer profile depends on your brand identity and the product or service you are selling.
Detailed explanation-3: -A target customer is an individual that’s most likely to buy your product. And it’s a subset of the broader target market. For example, if your target market is female athletes between the ages of 13 to 25, a target customer could be female athletes in the specific age range of 13 to 16.
Detailed explanation-4: -When it comes to the target market of Target, the answer is quite wide ranging. Target finds that the majority of their customers are between the ages of 18 and 44, so they focus on marketing brands and products that appeal most to this age demographic.
Detailed explanation-5: -Consider Product Popularity. One of the best ways to determine your target audience is to look at the popularity of your products. Use SEO Tools To Analyze Site Visitors. Leverage Customer Data. Get Your Product In Users’ Hands. Check Out Your Competitors. Listen To Social Media. Create Buyer Personas. 04-Oct-2021