To compete more effectively, many companies are now embracing target marketing.

Question

Quizplus · Accepted Answer

Target marketing involves identifying a specific group of consumers and tailoring marketing strategies and messages to appeal to their particular needs and preferences. By doing so, companies can create more effective advertising and promotional materials, ultimately leading to increased sales and customer loyalty. Therefore, many companies are embracing target marketing as a way to improve their competitive position in the marketplace.

To Compete More Effectively, Many Companies Are Now Embracing Target