Knowing your target market is a big factor. An example of this is if you have a business specializing in selling pork meat. Then you decided to sell it to Muslims. Your business sales will go down because they don't eat pork. So it's essential to know your target market before selling a product or providing a service.
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angienerous
Demographics play a crucial role in the success of businesses, as learning consumer characteristics helps a business owner determine what products and services to create and how to market them.
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Knowing your target market is a big factor. An example of this is if you have a business specializing in selling pork meat. Then you decided to sell it to Muslims. Your business sales will go down because they don't eat pork. So it's essential to know your target market before selling a product or providing a service.