What is a group of customers a business has decided to aim its marketing efforts and ultimately its merchandise towards?

Q: What is the term used to describe a group of people that an organization has decided to aim its marketing efforts towards?

A target market is a group of customers within a businesss serviceable available market at which a business aims its marketing efforts and resources.

A target market is a group of customers that the business has decided to aim its marketing efforts and ultimately its merchandise toward. A well-defined target market is the first element to a marketing strategy.

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How to pronounce target market?
How to say target market in sign language?
Examples of target market in a Sentence
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Are we missing a good definition for target market? Don't keep it to yourself...
What is the term used to describe a group of people that an organization has decided to aim its marketing efforts towards?
What do you called a group of consumers that your product or services is aiming?
What are the 4 types of customer segmentation?
What is a target customer business?

A target market is a group of customers towards which a business has decided to aim its marketing efforts and ultimately its merchandise. A well-defined target market is the first element to a marketing strategy. The marketing mix variables of product, place (distribution), promotion and price are the four elements of a marketing mix strategy that determine the success of a product in the marketplace.

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target marketnoun
A group of people whose needs and preferences match the product range of a company and to whom those products are marketed

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Target market
A target market is a group of customers that the business has decided to aim its marketing efforts and ultimately its merchandise towards. A well-defined target market is the first element to a marketing strategy. The marketing mix variables of product, place, promotion and price are the four elements of a marketing mix strategy that determine the success of a product in the marketplace.

How to pronounce target market?

How to say target market in sign language?

Numerology

Chaldean Numerology
The numerical value of target market in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of target market in Pythagorean Numerology is: 4

Examples of target market in a Sentence

Honest Chocolate:
It creates a build up and awareness... your target market is already activated.
Mark Wolcott:
For someone my age who is not a fast runner who would be subjected to the heat during a 13.1-mile race, I think this is something that would be beneficial, the BolderBoulder, for us, was a great way to showcase the service we provide, not necessarily to say it’s our target market.
Glenn Schorr:

Getting a company to turn on a 401(k) or a stock plan administration takes time, the good news is that they already have relationships with their target market customer and now it is up to them to convince them.
Mike Woods:
Then it dawned on me that we are struggling so much to bring the millennial generation into the game of golf, yet that's the absolute target market for soccer.
The ASA:
We understood that Urban Outfitters’ target market was young people and considered that using a noticeably underweight model was likely to impress upon that audience that the image was representative of the people who might wear Urban Outfitters’ clothing, and as being something to aspire to, we therefore concluded that the ad was irresponsible.

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Are we missing a good definition for target market? Don't keep it to yourself...

What is the term used to describe a group of people that an organization has decided to aim its marketing efforts towards?

A target market is a group of customers within a business's serviceable available market at which a business aims its marketing efforts and resources.

What do you called a group of consumers that your product or services is aiming?

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.

What are the 4 types of customer segmentation?

Demographic, psychographic, behavioral and geographic segmentation are considered the four main types of market segmentation, but there are also many other strategies you can use, including numerous variations on the four main types. Here are several more methods you may want to look into.

What is a target customer business?

A target market is a group of customers with shared demographics who have been identified as the most likely buyers of a company's product or service. Identifying the target market is important in the development and implementation of a successful marketing plan for any new product.