Target Market – savvyessaywriters.net | Savvy Essay Writers
Target Market – savvyessaywriters.net | Savvy Essay Writers
Savvy Essay Writers Business & Finance Assignment Help
“Target Market”1. For this week’s discussion, describe the target market for your NAB business including a description of your target market’s key demographic elements. You should also mention the geographic, lifestyle, psychographic, purchasing pattern, and buying sensitivities of your proposed target market.· You will use this week’s information in Assignment 2 – Question 1.To help you get started see the exampleInclude these in your target market description:1.Demographic Description(age and income range, gender, family size, education, occupation, etc.)Example:A likely user for X product is a male between ages 25 and 34 who earns between $25,000 and $35,000 per year and has a four-year college degree.2. Geographic Description: area where you would like to serve, density (urban, rural), nature of location (mall, business center, etc.), climate condition.An example of demographic description would be: Atlanta area.3. Lifestyle Description: where do your customer shop, what they do for leisure, what kind of clothes they were, cars they drive, etc.4. Psychographic Description: socially responsible, trendsetter, fun-seeking, etc.5. Purchasing pattern description: how they use the product, how many times they buy, where do they buy the product, how do they pay for it etc.…6. Buying Sensitivities Description: What factors are important to the customer before they buy (price, quality, customer service, packaging, etc.?)Resources· Target Market Description Examples:http://www.ccsfmarketing.com/sample-target-market-descriptions.html· How to find your target markethttps://www.thebalancesmb.com/how-to-find-and-sell-to-your-target-market-2947179
Team of Professional Essay Writers
Savvyessaywriters.net is a trusted essay service that connects learners seeking assistance with top-ranked experts. Every essay writer on our team has a unique rating based on the percentage of successful orders and customer reviews. Check out our pros’ profiles to hire the most suitable one.
