Small Business Marketing: Know Your Target Market

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Small business marketing becomes effective when it focuses on its target market. Successful businesses exhaust their efforts on this as compared to other areas. The first thing that you can do is to find out how the people in your target market behave. You can get to know them better by doing a bit of research and Market Analysis. Here are two of the questions that can help you choose the most ideal marketing strategy for your small business.

The first one is: How do these people get information? Do they get it from the newspapers, television or the World Wide Web? The next one is: What kind of places do these people spend their time at? Do they like going to the mall, spas, recreational centers or do they just stay at home?

Finding the answers to the questions stated above will help you hit and narrow down your search for your target market. After that, spend some time to evaluate your current small business marketing. Once you have determined the goal that you need to reach for the success of your small business, then it’s time to consider the steps that you have to do to get there. Reflect on the marketing strategies that you’ve been using and identify which one is more efficient. Ask yourself if this marketing strategy is helping you get some attention from your target market. An effective plan should be able to send the right message to your potential customers.

To illustrate, if you’re selling cosmetics then you should focus on women. Create a make believe customer. Say, her name is Megan and she is 25, single and working in an office. You could try to answer the questions above. Megan stays informed through reading magazines and surfing the internet. She likes spending her weekends with her friends. They usually have dinner then go to a bar to drink. The important thing here is you get as much information as you can about your prospect. Determine why she should need your products and services and focus on that.