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PowerPoint
PowerPoint

...  In doing so, the manager is able to identify the potential of the business. Step two: define the targeted customers or target market based on demographics, income, age, and lifestyles.  Understanding who the target market is will help determine what products and services should be highlighted. ...
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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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