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- A target market is a specific group of people with shared characteristics that a business markets its products or services to. Companies use target markets to thoroughly understand their potential customers and craft marketing strategies that help them meet their business and marketing objectives.
www.coursera.org/articles/target-market - People also ask
What Is a Target Market? And How to Define Yours | Coursera
Learn what a target market is, why it matters, and how to segment it based on demographics, psychographics, firmographics, and behavior. Find examples, strategies, and courses to help you define your target market. See more
When you identify a target market, you can improve your overall marketing outcomes. In this section, you will learn why it matters and find examples of … See more
A range of strategies allows you to market your product or service to your target market. Typically, these strategies are broken down from the broadest target market to the most … See more
To help you hit a bullseye on your next business undertaking, you might consider obtaining a professional certificate in Social Media Marketing offered by Meta. The University of … See more
Market segmentation is the process of dividing a market into smaller groups of people, or segments, to identify areas for possible market growth. Through segmentation, marketers can identify the key characteristics that define their target market and direct … See more
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