target market

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Gautambir Soin Target market The target market of a business is a part of the market that the business is aiming its product or service. It could be an age group or it could be gender. Which ever type of people the business is aiming at is their target market. A market can be segmented according to the characteristics of the customer. For example a market can be segmented according to the age of the customer. Toddlers, teenagers and old people all have different need and wants, so different products would be sold to different age groups. Like a
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computer game would mainly be sold to teenagers, so the game company would make games that teenagers would enjoy. The market can also be segmented by what gender the customer is. Just like the age groups men and women have different needs and tastes. Like women might be sold cloths with more female colours and men might be sold male colours. Also an advert for a female associated item will be advertised different than to an item aimed at men. A market can also be segmented by how much people earn. People that earn less have different spending patterns that ...

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