The target market for a product is the specific segment of consumers most likely to purchase that particular product.

Name: The target market for a product is the specific segment of consumers most likely to purchase that particular product.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The target market is defined as the specific group of consumers at whom a company aims its products and services, based on factors like demographics, behaviors, and various characteristics. This group is considered most likely to buy the product.

The Target Market for a Product Is the Specific Segment