INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ideal customers a business should try to attract
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The customers marketed to by competitors
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The possible customers for a business
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The customers a business should avoid
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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 enjoys your product or service and shares that enthusiasm with the people they know. This word-of-mouth marketing represents an effective tool for businesses. People are often more willing to try a new product or service when someone they trust recommends it to them.
Detailed explanation-3: -A target market is a group of potential customers that you identify to sell products or services to. Each group can be divided into smaller segments. Segments are typically grouped by age, location, income and lifestyle.
Detailed explanation-4: -A target market customer profile identifies the customer most likely to buy your product or service. While some companies create products around a customer profile, others identify the customer profile once marketing strategies are developed.
Detailed explanation-5: -Define Your Target Audience. Learn Where Your Target Audience is Active. Target Language in Your Messaging. Use Multiple Social Media Channels. Take Advantage of Referrals. More items