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Description of Target Market. ... For example, a cosmetics product might find its consumers are primarily female, high school graduates, ages 20 to 35, with incomes between $20,000 and $30,000.
Market segmentation is an integral part of a company's marketing strategy. It is the process of breaking down a larger target market into smaller, more homogeneous groups of customers that you can ...
Target market. A well-designed target market description identifies your most likely buyers. In addition, ... For example, if your restaurant sells burgers, ...
Your target customers are those who are most likely to buy fromyou. Resist the temptation to be too general in the hopes ofgetting a larger slice of the market. That’s like firing 10 bulletsin ...
Compiling a customer profile can help you understand your target market more accurately, and should be updated on a regular basis. By gathering information on your ideal customers, you can tailor ...
Most target audience descriptions end up being relatively bland, and almost all of them are the same. Female, 18-34, ... Take the haircare market, for example.