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HomeHomework HelpmarketingTarget Audience Analysis

Target Audience Analysis

The process of identifying, understanding, and categorizing a brand's ideal customer demographics, psychographics, and behaviors to create effective marketing strategies that appeal to their needs, values, and preferences

intermediate
3 hours
Marketing
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Overview

Target audience analysis is a vital process in marketing that helps businesses identify and understand the specific groups of consumers they aim to reach. By analyzing demographics and psychographics, companies can tailor their products and marketing strategies to meet the unique needs of their audi...

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Key Terms

Demographics
Statistical data relating to the population and particular groups within it.

Example: Age, gender, and income levels are key demographic factors.

Psychographics
The study of consumers based on their activities, interests, and opinions.

Example: Understanding a consumer's lifestyle can help tailor marketing messages.

Market Segmentation
The process of dividing a market into distinct groups of buyers with different needs or behaviors.

Example: Segmenting by age groups can help target specific products.

Customer Persona
A semi-fictional character that represents a segment of your target audience.

Example: A persona might be a 30-year-old tech-savvy woman interested in fitness.

Target Market
A specific group of consumers at which a company aims its products and services.

Example: A company may target young professionals for a new app.

Consumer Behavior
The study of how individuals make decisions to spend their available resources.

Example: Understanding consumer behavior helps in predicting buying patterns.

Related Topics

Consumer Behavior
Study of how individuals make decisions to spend their resources.
intermediate
Marketing Strategies
Plans designed to promote and sell products or services.
intermediate
Digital Marketing
Marketing that uses the internet and online-based digital technologies.
intermediate

Key Concepts

demographicspsychographicsmarket segmentationcustomer personas