Marketing is thus however all about a
little thing which is thus called as "segmentation." It’s thus
not enough in order to say that the person sells his product to
humans. One however is required to know however as much about those
humans as one possibly can. Specifically, what parts of their humanity can
however correlate well with the purchase of the product or service.
The purpose of this article is thus to make the reader aware as to what
are the 5 must answer questions in order to succeed targeting the customer base
.
1. Who are your customers or potential customers?
In order To segment humans into potential customers, one is thus
required in order to create a profile of who are however the target
customer base is. One should thus Be as detailed as he can however
be. This thus helps the entrepreneur in order to recognize
present customers and the new customers.
It can thus be in order difficult to answer all of the deep
questions about the customer if one thus doesn’t have access to a lot of
marketing data, and also many of the small business owners don't. One should
thus not worry. Instead of the detailed marketing metrics, one can thus
simply profile himself (assuming he’s creating a product or service that
entrepreneur would thus purchase).
2. What motivates your target customer base?
What however triggers the members of the customer base in order to
purchase what he’s selling . There is thus a difference between
knowing what gets a customer in order to buy and then knowing when
that customer will thus be in that "what" situation.
3. Are they repeat, steady or the one-time customers?
Is the entrepreneur however providing continuous services for the
customer? Is however one setting up a recurring revenue model where one
however bills the customer once a month, like a cell phone plan, or
thus a software as a service product?
However Knowing how often one can thus expect a customer to buy will
thus help in order to calculate as to how many customers one thus
needs in order to stay solvent, as to what kind of inventory one
thus needs in order to keep on hand, and also however what kind of
marketing expenses you should anticipate.
4. Where will your growth come from?
If one thus thinks selling to the friends and family
is thus however enough in order to keep the net revenue floating in for
the long haul, think again. Depending on as to what kind of business one
plans in order to run, one would thus need a steady stream of new
customers which are thus coming in, which thus means one however needs
to know as to where one is thus going to find them.
5. How will you differentiate yourself?
Does one however plans in order to compete on cost, value, or a
combination of the two?
Even if one were however the only person to be offering
the product, one wouldn’t thus however be for very long. In thus an
open economy like ours, a good idea is thus quickly imitated, meaning that
there will thus be competition in the market or arriving soon. When
however competition happens, one thus needs in order to know as
to what makes him different, and as to why that difference is thus
relevant to the customer.
This article has been contributed by Simmi Setia, Content Writer at LegalRaasta, an online portal for GST Software, GST Return Filing, GST Registration, Section 8 Company Registration, Nidhi Company Registration, IEC Registration, Fssai License, File ITR Online.
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