Back to category: Business Limited version - please login or register to view the entire paper. TARGET MARKETS The key to succeeding in business is simple: SALES! SALES! SALES! To generate a sufficient level of sales to make a living, you first need to define the market you are targeting A target market is a specific group of buyers on whose needs and wants a company focuses its marketing efforts. Together with our research team and database lists of consumers, DCD will find your niche audience. We will target them utilizing the following factors: • Demographics Age, gender, income, ethnicity, occupation, religion, race, social class, family size; • Psychographics Lifestyles, interests, opinions, behavior, perceptions and attitudes; • Geographics Zip codes, city, county and state size, terrain, climate, region, urban, suburban, rural; natural resources; • Behavioristic Variables Volume usage, benefit expectations, brand loyalty. Accurate target market selection is crucial to productive marketing efforts. Products and even companies sometimes fail because ma... Posted by: Cinthia De Ruiz Limited version - please login or register to view the entire paper. |
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