Target Market 2

A target market is a group of people that a business aims to sell its product to?

• True

• False

 

The company "Adidas" will target customers who are sick

• True

• False

The target market for Gucci and Ferrari is wealthy people?

• True

• False

Market segmentation means

• When a business divides its customers by countries

• When a business divides its customers into groups

• When a business provides its customers needs and wants

A business must identify its target market to be successful

• Yes

• No

• Maybe

Segmentation by gender means businesses provide products based on the location

• True

• False

 

I understood today's class..............