10 Free Books Bundle: Starting a Business
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  • Business Plan Tutorial:
    Tools to Help You Launch Your Own Business

    Understanding Your Target Market

    What is a target market?

    Target Market: people who you want to use your products or services; people most likely to buy your brand over competing products/services.

    The critical element here is identifying the people in your target market. Typically we use demographics -- things like age, income, gender, education, etc. -- to describe these folks, but we could also use things like lifestyles or the benefits they seek/get from using our product.

    One other thing to consider. Are your customers -- your target market -- going to be local or global?



    Business Plan Tutorial Main Page

    Have you checked out the rest of the great Entrepreneur & Entrepreneurial Resources offered on Quintessential Careers?



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