Tuesday, 3 January 2012

Target Market

A target market is a set of buyers sharing a common demand or need that the company or person decides that they want to serve.

Knowing and stating a target market is essential to any marketing strategy or plan. Research into the target demographic and product qualities can help to distinguish which people in an area are to be targeted. Without this knowledge marketing can stray from reaching potential customers and can be ineffective over time.

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