What are some effective examples of target marketing?
Target marketing involves tailoring your marketing efforts to specific segments of the audience. For example, Nike targets athletes with personalized ads.
Can you give me more examples?
Sure! Coca-Cola uses personalized bottles with names to target young consumers, while luxury brands like Rolex target high-income individuals.
How do companies identify their target market?
Companies often use market research, surveys, and data analysis to identify demographics, interests, and behaviors of their potential customers.
What are the benefits of target marketing?
The benefits include higher conversion rates, better customer engagement, and more efficient use of marketing resources.
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