The picture is an illustration of targeting potential market and a potential market need. To identify your new potential markets, you consider every target demographic that you currently sell, as well as those which are not yet targeted. Consider yourself as an entrepreneur and ask the following questions. 1. What other products do my customers need now?2. What related products will they need in the future?3. Who else could make use of the products I am selling now?4. What demographic information do I have with my current customers? https://int.search.myway.comTask 3The picture is an illustration of targeting potential market and a potentialmarket need. To identify your new potential markets, you consider everytarget demographic that you currently sell, as well as those which are not- 2 -yet targeted. Consider yourself as an entrepreneur and ask the followingquestions. Write your answers on your activity notebook.1. What other products do my customers need now?2. What related products will they need in the future?3. Who else could make use of the products I am selling now?4. What demographic information do I have with my current customers?

If we talk about a potential market we can say which is the part of the market where we can capture…

Answered: The picture is an illustration of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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The picture is an illustration of targeting potential market and a potential market need. To identify your new potential markets, you consider every target demographic that you currently sell, as well as those which are not yet targeted. Consider yourself as an entrepreneur and ask the following questions. 1. What other products do my customers need now? 2. What related products will they need in the future? 3. Who else could make use of the products I am selling now? 4. What demographic information do I have with my current customers?

https://int.search.myway.com
Task 3
The picture is an illustration of targeting potential market and a potential
market need. To identify your new potential markets, you consider every
target demographic that you currently sell, as well as those which are not
- 2 -
yet targeted. Consider yourself as an entrepreneur and ask the following
questions. Write your answers on your activity notebook.
1. What other products do my customers need now?
2. What related products will they need in the future?
3. Who else could make use of the products I am selling now?
4. What demographic information do I have with my current customers?

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