⬅ Previous Next ➡ 🔹 Lesson 1: Who is Your Customer? - Target Market Basics Learning Objectives By the end of this lesson, the learner should be able to: Define a target market and explain why it is crucial for business success. Identify the ideal customer for any product or service. Segment customers based on demographics, needs, behavior, and location. Avoid wasting resources marketing to the wrong people. Apply a practical method to create a target customer profile for your business. Introduction Many businesses fail or struggle because they try to sell to everyone. They post, shout, and promote their products broadly, hoping someone will buy. This is called “spray and pray” marketing, and it wastes time, money, and effort. The truth is, not everyone is your customer. Successful businesses identify exactly who their customers are , understand their needs, and focus on reaching them. This is called targeting your market . When you...