MANAGEMENT

Detailed explanation-1: -What Is a Target Market? A target market is a group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle.

Detailed explanation-2: -A target market is the group of people most likely to purchase a specific product or service.

Detailed explanation-3: -Examples of a Target Audience Target audiences center around a specific group of people. These can be men, women, teenagers, or children. They generally share an interest such as reading, running, or soccer. Personas can help advertisers investigate relevant magazine titles or industry publications.

Detailed explanation-4: -A target audience is a group of people defined by certain demographics and behavior. Often, businesses use what they know about their target audience to create user personas. These personas guide their decisions on marketing campaigns.

Detailed explanation-5: -A target market is the specific group of people most likely to buy your products or services.