A business can determine who it's clients are by doing a survey to know Which demographics are most likely to patronize them.
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The company can identify by knowing their customers' personal details and preferences in a database. It means they need to build a customer database.They can differentiate between their customers based on their needs and their value to them.
Doing the survey and knowing the demographics can be the core of determining the target market. Of course, it also depends what kind of products or services they can offer. I did this before when accomplishing my business feasibility study.A business can determine who it's clients are by doing a survey to know Which demographics are most likely to patronize them.
Every kind of product has a certain demographic that it perfectly caters for.Doing the survey and knowing the demographics can be the core of determining the target market. Of course, it also depends what kind of products or services they can offer. I did this before when accomplishing my business feasibility study.