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Question Set #1

... evolving and often rapidly changing competitive business and marketing climate where the stakeholders have been redefined and relationship between producer and consumer is now based on reciprocity and learning continuums. Marketing is expansive and affects everyone to some degree. The first marketin ...
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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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