How do I identify my target audience for a business plan?

How do I identify my target audience for a business plan?

To identify your target audience, start by analyzing your product or service. Who would benefit the most from it?

What demographic factors should I consider?

Consider age, gender, income level, education, and location. These factors can help you narrow down your audience.

How can I gather data on my target audience?

You can use surveys, social media analytics, and market research reports to gather valuable data about your audience.

What if my audience is too broad?

If your audience is too broad, try creating customer personas to define specific segments and tailor your marketing strategies.