A target market is the market segment which a particular product is marketed to. It is also defined by age, gender/and or socioeconomic grouping.
A target market is who a company has decided to aim its marketing resources at. essentially the target market would be who the company wants to buy the product its selling.
moms or soon to be moms..
To determine your target market, you must consider your product and then decide who it is that will be using it. Your target market is all of the people likely to use your product and are typically grouped by gender and age, and may also be grouped by level of education, income, or other factors.
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Their product and target market
Target cost is the maximum or target price of product on which product is sell and it is determined by competitors or market condition and then company tries to reduce it unnecessary costs to acheive target price.
The best way to market a company is to find out who is your target market. A target market is a group of customers that need your product or services. To find your target market, requires researching. My suggestion is to find your local library and do some research on target marketing. Look under the business section for marketing.
Pricing strategies will determine who a company targets. Additionally, the quality of the product will help determine who the target market is for a business.
A market is an person, group, population, institution or any organization, that has a need for goods, products, and services. Many organizations segment these areas into a specific target market particular to the product or service they are providing. In other words, they may target a specific age, gender, income, educational etc. population that may have a need, want, or desire for their product or service.
Describe the target market and company position in it including information about the market product performance, competition and distribution. This also involves market description, product or business review.