Showing posts with label target market. Show all posts
Showing posts with label target market. Show all posts

2009-04-15

Follow Your Client’s Wish

As a business person, no matter what kind of business you are doing, the competition is cut-throat, especially in recent declined economic environment. In order to do better than your competitors, you must try to obtain as many clients as possible. So you must make your product or service meets what your client need.

When consumers buying things, they do have one clear purpose or reason in mind. Only when what you provide can help them enough can they pay for it willingly. Thus, it will be better for you if you can offer a kind of product or service that other businesses would not have. And this is not a one-time deal either. Once they know what you offer can meet their need well, then every time they or someone they know need such product or services, they will think about you first.

When you are trying to start your next marketing campaign, make sure your next product or service is just what your target client are looking for. In this way, you can not only gain new customers, but also give your current client more confident to go on believe in you.

2009-03-24

Define Your Target Market

Every business has its own target market. Generally speaking, “target market” is a business term that refers to the market segment to which a particular god or service is marketed.

A product focusing on a specific target market contrasts sharply with one following the marketing strategy of mass marketing. A target market is mainly defined by age, gender, geography, socio-economic grouping, or any other combination of demographics. It can contain people or companies which a business targets with their promotion, the ideal audience for a business promotional effort, a specific audience or demographic group that a targeted promotional message is designed to attract, etc.

It is important to you to define your target market. Because they are the group of persons who have interest in your product or service and have the need that what your offer can fill.

Your real target market includes people who are seeking a solution, either product or service that you provide to fill their need; they have the might to make the decision to pay for what you provide and they can afford it. In order to define your own target market, you should check if they meet the requirements. Only when you aim at your own target market can your business grow better and better.