What is the range of the target market?

Q: Describe the Target Market Strategy?

A: Target market strategy is a term used create brand awareness among the target customers, this helps…

Q: what is the rational relating to the buyer motivations and influences?

A: Generally, people are rational in buying. The rational buying motives are based on one’s thoughts…

Q: What is Category killer?

A: The retail format implies the entire blend, layout and function of a retail store. The retail format…

Q: Give an example of a target market that you are (or could be) a part of and why you think you are…

A: The group of customers that business focuses on the product and services is known as the target…

Q: Who said “The aim of marketing is to know and understand the customer so well the product or service…

A: marketing is activities to promote the buying and selling of the product and services. Marketing…

Q: Describe FOUR (4) options you might take if your customer believes your product did not fulfill…

A: The products and services offered by the brand in the market sometimes do not fulfill their needs.…

Q: What are some of the ways by which you can easily identify your target market?

A: Targeting means making strategies for the segmented customers group. This is done to focus upon the…

Q: Why would firms want to differentiate their products, even if “on average” consumers liked them…

A: Product differentiation is the key aspect and concept that does the job of distinguishing a…

Q: Think of 3 car bands or specific models how are these products positioned in your mind?

A: Positioning is the process of generating a distinct mental position or image of a product or service…

Q: Can a  target market be identifiable, sizable  and accessible, but not consistent with the brand?…

A: A target market is the set of potential customers who are or who maybe interested in products…

Q: What is seller’s market ?

A: During a seller’s market, buyers have little room to negotiate price because demand is high.…

Q: Design a marketing strategy for the new product line

A: A marketing strategy refers to a plan of action that a company develops to reach out to potential…