Target market refers to the group of consumers that a retailer is seeking to serve.

Name: Target market refers to the group of consumers that a retailer is seeking to serve.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Target market refers to the specific group of consumers that a retailer is trying to reach and serve with their products or services. Retailers typically use demographic, psychographic, geographic, and behavioral factors to define and understand their target market.

Target Market Refers to the Group of Consumers That a Retailer