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Some businesses, such the dollar store, dollar tree, and family dollar, successfully target customers with limited resources. An illustration of market targeting is this.
What Is Targeting in Marketing?
In marketing, targeting is segmenting your target market and creating marketing campaigns that will reach the groups that are most likely to respond to your efforts. With focused marketing, your chances of reaching potential customers can be greatly increased.. Marketers evaluate which section best fits their offerings, values, and products after creating various segments. Marketing professionals will find it much simpler to reach potential customers and persuade them to buy the good or service if they can select the appropriate audience segments to target.
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