This Product Target Market Diagram Examples include basic consumer identification information. The information includes demographics such as age, income level, education level, region or location, gender, and marital status. It also provides psychographics, focusing on individuals' values, ideas, and interests. A target market is essential for businesses to identify customers who can help increase sales and, ultimately, grow the company. A target market can be created by collecting consumer data through various methods. Some methods to develop a target market include surveys, product trials or free samples, and competitor research. Download this Product Target Market Diagram Examples by EdrawMax online to get started.
