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Chapter 18 - McGraw Hill Higher Education
Chapter 18 - McGraw Hill Higher Education

... sales volumes, which permit long production runs • Legal department worries about possible antitrust violations when different prices are set according to type of customer ...
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Target market



A target market is a group of customers a business has decided to aim its marketing efforts and ultimately its merchandise towards. A well-defined target market is the first element of a marketing strategy. Product, price, promotion, and place are the four elements of a marketing mix strategy that determine the success of a product or service in the marketplace.
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