Target Market Worksheet
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How to fill out Target Market Worksheet?
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FAQ
This paper has defined four factors for targeting an attractive market, i.e. size of market, growth, stability, and competition that affects the business or firm to target an attractive market is analyzed using rational analysis. It aims to identify the positive effects of such factors in determining the target market.
Geographic, demographic, psychographic and behavioral are the four levels of segmentation that can help define your business's primary target audience.
Create Reader Personas. Conduct User Surveys Regularly. Use Google Analytics. Find Your Target Audience On Facebook With Facebook Insights. Find Your Target Audience On Twitter By Connecting To Your Twitter Followers Dashboard. Run An Annual Audience Survey. Monitor Your Social Activity.
These include gender, age, income levels, race, education, religion, marital status, and geographic location. Consumers that fall into these groups tend to value the same products and services, which is why narrowing down these segments is one of the most important factors to determine target markets.
Step One: Identify the Problems You Solve. Step Two: Check Out Your Current Customer Base. Step Three: Research the Competition. Step Four: Decide on Specific Demographics to Target. Step Five: Take Account of Your Target Market's Psychographics. Step Six: Evaluate.
Look at your current customer base. Check out your competition. Analyze your product/service. Choose specific demographics to target. Consider the psychographics of your target. Evaluate your decision. Additional resources.
Demographic information about your target market, such as gender and age. Geographic location of your target market. Key interests of your target market.
Following are 5 criteria that indicate whether you have selected a viable target market: size, expected growth, competitive position, cost to reach, and compatibility.
Look at your current customer base. Check out your competition. Analyze your product/service. Choose specific demographics to target. Consider the psychographics of your target. Evaluate your decision. Additional resources.
