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5 must answer questions to succeed targeting your customer base

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 SoftwareGST Return FilingGST Registration, Section 8 Company RegistrationNidhi Company RegistrationIEC RegistrationFssai LicenseFile ITR Online.

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