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  2. Common types of target markets include12:
    • Geographic segmentation (location-based)
    • Demographic segmentation (population-based)
    • Psychographic segmentation (lifestyle and socio-economic-based)
    • Behavioral segmentation
    Examples of target markets include boys aged 9-14, eco-conscious athletes aged 24-45, and busy professionals with disposable income ages 30-453.
    Learn more:
    The common types of target markets are – geographic segmentation (location-based), demographic segmentation (population-based), psychographic segmentation (lifestyle and socio-economic-based), and behavioral segmentation.
    www.wallstreetmojo.com/target-markets/
    The four target markets are geographic, demographic, psychographic, and behavioral.
    coschedule.com/marketing-strategy/target-market

    Some examples of target markets—and products that might be marketed within them—include the following:

    • An action figure targeted to boys aged 9-14
    www.coursera.org/articles/target-market
     
  3. People also ask
    What are the different types of target markets?The most common types of target markets are based on geographic location, psychographic and behavioral characteristics, and demographic data like age, gender and income.
    How do businesses define their target market?Businesses define their target market to know who they are selling to and how to reach those customers through their marketing efforts. In effect, every product or service on the market today can be said to be directed toward a specific target market.
    Who is your target market?They are the people who are most likely to buy your products or services, and they are united by some common characteristics, like demographics and behaviors. The more clearly you define your target market, the better you can understand how and where to reach your ideal potential customers.
    How do you find your target market?The fastest way to find your target market is to communicate with the people who already buy from you. It may not be feasible to call every one of your customers on the phone. You also don’t want to do all the work of building a compelling product page then lose the sale because you asked for too much information up front.
     
  4. WEBMar 5, 2024 · Learn what a target market is and why it matters for your business. Find out how to segment your market and reach your customers with effective marketing strategies.

     
  5. Target Market: Definition, Purpose, Examples, Types, …

    WEBAug 16, 2022 · Learn how to define and identify your target market based on common characteristics, such as industry, age, location, lifestyle, and buying behavior. Explore the three types of target markets (mass, broad, …

  6. WEBThe most common types of target markets are based on geographic location, psychographic and behavioral characteristics, and demographic data like age, gender and income.

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  17. Target Market: Examples and How To Define It | Indeed.com

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