Business owners can figure how to better target ads or promotions to particular types of customers if:

Question

Quizplus · Accepted Answer

By linking sales and purchase data to the type of customer, business owners can identify patterns and preferences, and use this information to better target their ads or promotions towards specific segments. This is known as customer segmentation, and it helps to increase the effectiveness and efficiency of marketing efforts. Tracking sales of competitors (A) can provide some insights, but it is not as relevant to targeting promotions. Identifying defects in products (B) is important for quality control but not directly related to advertising. Diversification (C) may be a viable strategy for growth, but it is not necessarily connected to targeting ads.

Business Owners Can Figure How to Better Target Ads or Promotions