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	<title>Don MacLeod &#187; reach target market</title>
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		<title>Recognizing Your Target Market</title>
		<link>http://donmacleod.com/2010/recognizing-target-market/</link>
		<comments>http://donmacleod.com/2010/recognizing-target-market/#comments</comments>
		<pubDate>Mon, 15 Mar 2010 02:20:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[reach target market]]></category>
		<category><![CDATA[target market]]></category>

		<guid isPermaLink="false">http://donmacleod.com/feed/?p=343</guid>
		<description><![CDATA[Achieving good sales is the ultimate target of any firm. Many criteria, such as competitive pricing, near perfect product, reaching out to correct audience and motivational advertising, are responsible for this and should be dealt with in marketing. First things first, all the efforts will go futile if the correct audience is not recognized. It [...]]]></description>
			<content:encoded><![CDATA[<div class="socialize-in-content" style="float:left;"><div class="socialize-in-button socialize-in-button-left"><a href="http://twitter.com/share" class="twitter-share-button" data-url="http://donmacleod.com/2010/recognizing-target-market/" data-text="Recognizing Your Target Market" data-count="vertical" data-via="socializeWP"  onclick="urchinTracker('/outgoing/twitter.com/share?referer=');"><!--Tweetter--></a></div><div class="socialize-in-button socialize-in-button-left"><iframe src="http://www.facebook.com/plugins/like.php?href=http://donmacleod.com/2010/recognizing-target-market/&amp;layout=box_count&amp;show_faces=false&amp;width=50&amp;action=like&amp;font=arial&amp;colorscheme=light&amp;height=65" scrolling="no" frameborder="0" style="border:none; overflow:hidden; width:50px !important; height:65px;" allowTransparency="true"></iframe></div></div><p>Achieving good sales is the ultimate target of any firm. Many criteria, such as competitive pricing, near perfect product, reaching out to correct audience and motivational advertising, are responsible for this and should be dealt with in marketing. </p>
<p>First things first, all the efforts will go futile if the correct audience is not recognized. It is the major factor in getting abundant sales, because the right customers aren&#8217;t targeted, they won&#8217;t buy the product. The right customers are known as targeted customers or niche market, those who will be happy to buy products that fulfill their needs and is also less pricey.</p>
<p>Small businesses shouldn&#8217;t fear competition with large companies as they produce products considering a bigger spectrum, which sometimes won&#8217;t be customer specific as the products are more generalized and they don&#8217;t much care about the competition they might get from others. This gives an opportunity to the smaller firms to produce products, which can cater to the need of a section of people whose needs aren&#8217;t met specifically by the large companies.</p>
<p>Although it seems like a silly question, but firstly, a firm should understand who are the people they want to target. The success lies behind understanding this, which requires thorough research and analysis. Various factors must be considered. The age group is the first factor, whether the product will be useful to babies or children or teenagers or youngsters or middle aged or old. Sometimes there is a possibility that the product will cater to the needs of all age groups. Next thing to consider is gender. Marital status, occupation, ethnic background, health status, income status, education, hobbies, etc., are some of the factors that should also be pondered upon.</p>
<p>After decided upon the customer group to be targeted, the benefits that can be provided by the product to this group should be jotted down. A thorough examination of the service or product should be done for this purpose. If there is sufficient time, a survey can be conducted on the current customers and pose them with questions like what they liked in the products they are using, anything discomfort they are facing, do they want anything to be changed to make the product better, etc. </p>
<p>After making a list of all the benefits, thought should be applied to which of these benefits will actually help the targeted audience. Make a short list of the benefits that will be advantageous and send it to the marketing department. It can surely help in their marketing plan and can boost up sales. </p>
<p>Internet has made reaching out to the targeted customers can be very easy. Search engines can be utilized to the maximum extent for this purpose. The thing to be exactly searched can be typed as a keyword or search phrase in the search engines and the results brought on the first three pages will be of great value. But lots of time and investment is involved in this process, as different keywords will fetch different search results. So efforts should be made to finally get what is desired. </p>
<p>Next best thing is reaching out by newsletters and ezines. Many ezines are related to marketing, finance, shopping, Internet, etc. A number of ezines websites can be found in an ezines directory, which even contains the contact information, advertising price, etc. The list of ezines website sites should be cut down to which are relating to the target market and ad should be placed in the ones selected which should include all the product advantages if the ad allows that many words. </p>
<p>Recognizing the target market is crucial to any successful advertising and sales campaign. Once it is recognized, they can be reached through different channels like websites, radio, print, etc. This makes the customer think that he is being directly addressed to. And since the whole approach will interest them, the amount of traffic received in return will be simply overwhelming and the whole effort will be worth it.     </p>
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		</item>
		<item>
		<title>5 Ways to Reach Your Target Market</title>
		<link>http://donmacleod.com/2009/5-ways-to-reach-your-target-market/</link>
		<comments>http://donmacleod.com/2009/5-ways-to-reach-your-target-market/#comments</comments>
		<pubDate>Fri, 04 Sep 2009 15:41:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Business Strategy]]></category>
		<category><![CDATA[blog writing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[public speaking]]></category>
		<category><![CDATA[reach target market]]></category>
		<category><![CDATA[target market]]></category>

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		<description><![CDATA[There are many ways to reach out and find the people you are trying to attract for your business. Here are just a handful of ways to get you started at little or no cost. 1) Attend organization meetings Where do people in your target market hang out? Research this, and then plan to attend [...]]]></description>
			<content:encoded><![CDATA[<div class="socialize-in-content" style="float:left;"><div class="socialize-in-button socialize-in-button-left"><a href="http://twitter.com/share" class="twitter-share-button" data-url="http://donmacleod.com/2009/5-ways-to-reach-your-target-market/" data-text="5 Ways to Reach Your Target Market" data-count="vertical" data-via="socializeWP"  onclick="urchinTracker('/outgoing/twitter.com/share?referer=');"><!--Tweetter--></a></div><div class="socialize-in-button socialize-in-button-left"><iframe src="http://www.facebook.com/plugins/like.php?href=http://donmacleod.com/2009/5-ways-to-reach-your-target-market/&amp;layout=box_count&amp;show_faces=false&amp;width=50&amp;action=like&amp;font=arial&amp;colorscheme=light&amp;height=65" scrolling="no" frameborder="0" style="border:none; overflow:hidden; width:50px !important; height:65px;" allowTransparency="true"></iframe></div></div><p>There are many ways to reach out and find the people you are trying to attract for your business. Here are just a handful of ways to get you started at little or no cost.</p>
<p>1) Attend organization meetings Where do people in your target market hang out? Research this, and then plan to attend a meeting or two to mix and mingle. What better way to meet and get to know these individuals while learning more about the market?</p>
<p> 2) Offer to speak at a meeting or conference What do you have to offer that you feel could be of value to those you are trying to reach out to? Present a short talk or slide show on a helpful topic. Be sure you present something of value to the group. What helpful tips or other material would hold ther attention, and entice them to learn more about you and what you do? Just give them a small taste of your skills and knowledge. Chances are, they will want to talk to you after the presentation. </p>
<p>3) Advertise in publications your target market reads The Internet is a great place to research what publications are out there. You can probably even get your advertisement to appear online as well as in the hard copy of a publication. Advertising can be rather expensive, so be careful with this one!</p>
<p> 4) Present a free tele-class.  If you are not confident in your public speaking skills, but still feel you have something of value to teach those you are trying to influence, try offering a no-cost tele-class. It is usually fairly inexpensive to rent a bridge line to host your class. You can teach from the comfort of your own home, too. This is also a great way to get a list of names to add to your subscriber list for mailings. If you are comfortable with this option, you can charge a small fee for future tele-classes you hold, which will bring you some passive income. </p>
<p>5) Start a blog Write daily or weekly posts related to subject matter that will pique the interest of your target market. Spend time researching particular topics that you can write about. Then, add some pizazz&#8230;get excited when you post the information to your blog. If you&#8217;re excited about something, others will be too. And don&#8217;t forget to use keywords. These are what the search engines will use to find the content in your blog and draw others to it. </p>
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