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- Market targeting is a process of selecting the target market from the entire market1. The target market consists of a group or groups of buyers to whom the company wants to satisfy or for whom the product is manufactured, price is set, promotion efforts are made, and distribution network is prepared1. The process of evaluating and selecting market segments is known as market targeting2. There are two steps of market targeting process, the first step is to evaluate market segmentation and select those segments that suit the business. In the second step, marketers select appropriate market targeting strategies2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Market targeting is a process of selecting the target market from the entire market. Target market consists of group/groups of buyers to whom the company wants to satisfy or for whom product is manufactured, price is set, promotion efforts are made, and distribution network is prepared.
www.yourarticlelibrary.com/economics/market/mar…This process of evaluating and selecting market segments is known as market targeting. There are two steps of market targeting process, the first step is to evaluate market segmentation and select those segments that suit the business. In the second step, marketers select appropriate market targeting strategies.
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