MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which practice helps companies market to the people who are most likely to buy their product?
A
target marketing
B
market segmentation
C
profiling
D
demographics
Explanation: 

Detailed explanation-1: -Market segmentation can help you to target just the people most likely to become satisfied customers of your company or enthusiastic consumers of your content. To segment a market, you split it up into groups that have similar characteristics.

Detailed explanation-2: -Marketing is the process of bringing an idea, product or service in front of a buying audience. Marketing focuses on a customer’s wants and needs so companies can identify who might purchase their product to attract those customers to the business.

Detailed explanation-3: -What Is a Target Audience? Your target audience refers to the specific group of consumers most likely to want your product or service, and therefore, the group of people who should see your ad campaigns. Target audience may be dictated by age, gender, income, location, interests or a myriad of other factors.

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