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- Dictionarytarget market
noun
- 1. a particular group of consumers at which a product or service is aimed: "schools are a key target market for the apps"
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Apr 22, 2024 · 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....
Mar 5, 2024 · A target market is a specific group of people with shared characteristics that a business markets its products or services to. Companies use target markets to thoroughly understand their potential customers and craft marketing strategies that help them meet their business and marketing objectives.
Mar 4, 2024 · Target Market Definition. At its core, the target market is the specific group of consumers at whom a product or service is aimed. It's about pinpointing who is most likely to benefit from what you're selling, thereby guiding where to direct your efforts in marketing and resources.
What is a target market? A target market is a subset of the audience you’re aiming to reach (your market). It is made up of a group of customers that have one or more commonalities between them and are most likely to be interested in your products. These commonalities might be:
Dec 21, 2023 · A target market is a distinct customer group with shared characteristics such as demographics, income, lifestyles, or behaviors and is a subset of the total market for a product or service. It is regarded as the most likely potential customer for a business, maximizing the profitability and success of its marketing efforts.
Target market definition. What is a target market, exactly? In broad terms, the definition of a target market is a group of people most likely to buy a product or service, or otherwise engage with a sales or marketing message.
Oct 5, 2022 · A target market is the specific group of people you want to reach with your marketing message. They are the people who are most likely to buy your products or services, and they are united by some common characteristics, like demographics and behaviors.
Jan 15, 2024 · A target market should be as detailed as possible in order to ensure that it accurately reflects your ideal customer. The purpose of a target market is to identify the most likely customers for your product or service so that you can create effective and efficient marketing campaigns.
Aug 16, 2022 · Learn what a target market is, types of target markets, and how you can find your own in this complete guide.
Feb 27, 2024 · The definition of target market is simply the group of people your product serves. It takes into consideration key characteristics such as age, income levels, lifestyle, state of mind, and other attributes. Companies define their target market to make product and marketing decisions that potential customers will respond to.
