Organizations don't have the time or resources to be able to reach everyone with a product message. Identifying a target market allows marketers to focus on those most likely to purchase the product. Limiting the population funnels research and budgets to the customers with the highest profit potential.
Answers & Comments
Answer:
Organizations don't have the time or resources to be able to reach everyone with a product message. Identifying a target market allows marketers to focus on those most likely to purchase the product. Limiting the population funnels research and budgets to the customers with the highest profit potential.
Answer:
One of the advantages of identifying your target market is you can meet their needs and to provide the goods/services needed in your community.
Hope it helps you as an entrepreneur...
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