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Determining a target market is important; otherwise money and resources are wasted on trying to sell product to the wrong customers. After the target market
Determining a target market is important; otherwise money and resources are wasted on trying to sell product to the wrong customers. After the target market is selected, there are various pricing strategies a business owner or manager might utilize to maximize revenues.
- Assuming the role of a business owner, describe the product or service that is offered to customers.
- Describe methods that will be utilized to select the target market for the business.
- Describe who your customers are (the target market).
- Complete additional research on this topic as necessary.
Please be sure to validate your opinions and ideas with citations and references in APA format
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