Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The tarfet market is Catering company What are the demographic characteristics of your target market? (For individuals, list age, gender, marital status, income, education level,

image text in transcribedThe tarfet market is Catering company
What are the demographic characteristics of your target market? (For individuals, list age, gender, marital status, income, education level, and so on. For businesses, list years in business, annual revenue, and industry. Describe the geographic area you are targeting. (Country, region, state or province, city, suburb, zip codes, and so on.) How do your customers spend their time? For businesses, how do they relate to their employees and community? Describe their lifestyle/business style. What are some of the psychographic aspects of your customers? (Their motivations, based on emotions, desires, lifestyle, and values.) How and where do your customers make their purchases? How long do they wait between purchases? What factors are most important to your customers when deciding to buy? What kind of trade-offs are they willing to make? What trade-offs will they absolutely resist

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Benchmarking Islamic Finance

Authors: Mohd Ma'Sum Billah

1st Edition

0367546469, 978-0367546465

More Books

Students also viewed these Finance questions

Question

Why is the analysis of trends in financial ratios important?

Answered: 1 week ago