MANAGEMENT

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: -target audience. Occasionally, people interchangeably use “target market” and “target audience.” But, despite their similarities, the terms refer to different groups of people. A target market is the overall group of people a business is trying to reach through its marketing efforts.

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: -The four target markets are geographic, demographic, psychographic, and behavioral.

Detailed explanation-5: -The target market will be a short sentence that describes the end client who you most want to provide your services to and the solution that you provide to solve their specific problem.