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market - virtualtraceyscq
market - virtualtraceyscq

... Market Segmentation: the process of dividing the whole heterogeneous market into several segments each of which tends to be homogenous in all significant aspects. The concept of market segmentation is based on the principle that one segment must be sufficiently different to other segments, and must ...
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... and stored in a company’s contact center. database marketing the process of building, maintaining, and using customer databases and other databases for the purpose of contacting, transacting, and building customer relationships. datamining the extracting of useful information about individuals, tren ...
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... Harley-Davidson HOG club-member) or a simple, functional-based commitment (e.g, regular use ofweather.com). Whether defined as a function or an organization-wide culture, marketing is responsible for acquiring and retaining target customers[5]. In this process, successful marketers manage to move de ...
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Target audience

A target audience is the intended audience or readership of a publication, advertisement, or other message. In marketing and advertising, it is a specific group of people within the target market at which a product or the marketing message of a product is aimed (Kotler 2000). For example, if a company sells new diet programs for men with heart disease (target market), the communication may be aimed at those men but also perhaps at their spouses (target audience). Targeted marketing and targeted advertising strive for narrowcasting rather than broadcasting.A target audience can be formed of people of a certain age group, gender, marital status, etc., e.g. teenagers, females, single people, etc. A combination of factors, e.g. men aged 20–30 is a common target audience. Other groups, although not the main focus, may also be interested. Discovering the appropriate target market(s)and determining the target audience is one of the most important activities in marketing management (Niewenhuizen et al. 2000). Perhaps the biggest mistake it is possible to make in targeting is trying to reach everybody and ending up appealing to no-one.
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