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Why are the consumers who make up the target market a product referred to as potential customers?

because market


Why are the consumers who make up the target market for a product referred to as potential customer?

because market


Who is called the potential purchaser of product?

The potential purchaser of a product is often referred to as a "prospective buyer" or "target customer." This individual or entity has shown interest in the product and possesses the characteristics that align with the product's market segment. Understanding their needs and preferences is crucial for marketers to effectively engage and convert them into actual customers.


Why doesnt coke lose its customers when it raises its price?

because of the product itself. customers buy the product not only looking at the price but because of the quality of the product. if consumers are satisfied with the product, they will entertain the product even if it raises price.


Why doesnt coke lose all its customers when it raises its price?

because of the product itself. customers buy the product not only looking at the price but because of the quality of the product. if consumers are satisfied with the product, they will entertain the product even if it raises price.


Why are mortgage leads valuable?

Businesses survive by having a continuous supply of customers. Some businesses must seek out new clients by mean of leads. Leads are established by collecting information and then targeting consumers that could be potential new customers for the business's product. A mortgage lender uses this valuable marketing technique to acquire a continuous supply of potential new customers.


Consumers who are willing and able to purchase a product or service create an economic situation referred to as?

Consumers who are willing and able to purchase a product or service create an economic situation referred to as supply and demand. The price of the product or service tends to rise and fall depending on these factors.


What is the meaning of potential customers?

A customer with potential


That the defining products features for software product will be left to consumers or client only?

defining the product features/requirements for a software product will be left to customers or clients only


Definition of potential consumer?

A potential consumer is an individual or business that has the capacity and interest to purchase a product or service. They may have shown interest through browsing, interacting with marketing materials, or expressing intent to make a purchase in the future. Marketers often target potential consumers with tailored strategies to convert them into actual customers.


What are safety labels used for in the supermarket?

Safety labels are used to prevent potential customers from harming themselves. These labels warn the customers of possible dangers, specifying what to do with the product or what not to do with the product.


What is Cadbury's promotional objectives?

Cadbury's promotional objective is for potential customers to know that whatever their selling, whether it is a product or service, exists. Cadbury's promotional objective is for potential customers to know that whatever their selling, whether it is a product or service, exists.