Definition of Target Markets:
Target market refers to a group of potential customers that a company wants to sell its products and services. This group also includes specific customers to whom the company directs its marketing efforts. The target market is part of the overall market for a product or service.
- Target market refers to the group of customers to which the company wants to sell its products and services and to whom it directs its marketing efforts.
- Target market makers share similar characteristics, including geography, purchasing power, demographics, and revenue.
- Identifying the target market is essential for any business when developing a marketing plan.
- Not knowing the target market can cost a company a lot of time and money.
Literal Meanings of Target Markets
Meanings of Target:
Select it as an object of attention or attack.
The person, object, or location is selected as the target.
Small round shield or shield.
Sentences of Target
Two people were attacked by assailants.
The airport terminal was hit by a ■■■■.
An army under Gonzalo de Cordoba with such a goal that he defeated the formation of Lucius Habsburg and Velos in the Italian War.
Synonyms of Target
fix on, select, pick out, kill, buckler, earmark, bag, single out, quarry, decide on, target, game, choose, prey
Meanings of Markets:
Advertise or advertise (something)
The area or environment in which business transactions take place.
Sentences of Markets
The product is sold under the name "Aspirin"
They want to browse the market.
The UK market is in recession.
Synonyms of Markets
offer for sale, sell, peddle, merchandise, retail, put up for sale, hawk, trade, vend