What Is The Importance Of Target Market?

What Is The Importance Of Target Market? Identifying a target market helps your company develop effective marketing communication strategies. A target market is a set of individuals sharing similar needs or characteristics that your company hopes to serve. These individuals are usually the end users most likely to purchase your product. What is the most

What Are The Limitations Of Marketing Strategy?

What Are The Limitations Of Marketing Strategy? Effect of Extraneous Factors: … Time Gap Makes Research Irrelevant: … Cost Consideration: … Problem of Rapid Change: … Problem of Trust and Accuracy: … It is not Problem Solving Technique but an Aid to Solve the Problem: … Subjective or Biased Result: What are limitations in marketing?