Question

In which study will you describe the profile of your target customers Financial Market Product None of the above

Answer 1

Explanation:

Targeting in marketing is a strategy that breaks a large market into smaller segments to concentrate on a specific group of customers within that audience. It defines a segment of customers based on their unique characteristics and focuses solely on serving them.

Instead of trying to reach an entire market, a brand uses target marketing to put their energy into connecting with a specific, defined group within that market.

Answer 2

Market Study/Market Analysis

Explanation:

• A key part of any business plan is the market analysis. A "market analysis" is a "quantitative & qualitative" evaluation of a market.
• This explores the scale of demand for products and prices, customer segments and consumption behavior in terms of entry and regulatory barriers, competitiveness and the economic environment..
• The aims of a business planning market research segment are to convince investors: you know the market; the market is large enough to create a profitable business
• A market study audience is the customers pool to whom a business wants to potentially sell its products or services.

To know more

Which of the following is not a type of feasibility study Market ...

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