Describe the following terms
Target market, _______
Customers requirements ______
Market size _______
Share
Describe the following terms
Target market, _______
Customers requirements ______
Market size _______
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
TARGET MARKET-a particular group of consumers at which a product or service is aimed.
Answer:
A Target market- is a group of customers with shared demographics who have been identified as the most likely buyers of a company's product or service. Identifying the target market is important for any company in the development and implementation of a successful marketing plan.
Customer requirements -refer to the specifications or features of a product or service that are deemed necessary by customers. These requirements motivate customers to buy a product or service. To determine customer requirements, companies can research their target market to understand their desires and needs.
Market size -refers to the maximum total number of sales or customers your business can see, often measured over the course of a year. ... A related concept is market share, which refers to the total part of the market a business has as its sales or customers.
Explanation:
#CarryOnLearning
#PaBrainliestPo
(⌒_⌒;)