Respuesta :
A target market is a group of people or organizations for which an organization designs, implements, and maintains a marketing mix intended to meet the needs of that group, resulting in mutually satisfying exchanges: TRUE
What is a target market?
- A target market is a collection of individuals or organizations for whom a company creates, develops, and maintains a marketing mix to match their demands, resulting in mutually beneficial exchanges.
- Geographic segmentation (location-based), demographic segmentation (population-based), psychographic segmentation (lifestyle and socioeconomic-based), and behavioral segmentation are the most prevalent forms of target markets.
- Defining your target market allows you to create a marketing plan that eliminates waste and places your adverts in front of likely clients while avoiding wasting valuable resources on people who are unlikely to be interested.
Therefore, a target market is a group of people or organizations for which an organization designs, implements, and maintains a marketing mix intended to meet the needs of that group, resulting in mutually satisfying exchanges, which is TRUE.
Know more about a target market here:
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