Question
A is a group of people who would be interested in buying a given product or service. Select one: a. market b. consumer c. customer d. target
Ask by Perkins Love. in the United States
Feb 03,2025
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Tutor-Verified Answer
Answer
**a. market**
Solution
The best answer is:
**a. market**
**Explanation:**
- **Market** refers to the entire group of potential customers who are interested in and capable of purchasing a particular product or service.
- **Consumer** generally refers to the individual end-users of a product or service.
- **Customer** is someone who has purchased a product or service.
- **Target** often relates to a **target market**, which is a specific segment of the broader market that a company aims to reach with its products or marketing efforts.
In the context of the question, **"a group of people who would be interested in buying a given product or service"** best aligns with the definition of a **market**.
**Answer:**
a. market
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Simplify this solution Beyond the Answer
The correct answer is: d. target. In marketing speak, your "target" refers to the specific group of consumers you aim to reach with your product or service. Think of it as your VIP list for your brand's hottest party—those who will resonate with what you offer! Tailoring your marketing strategy to your target can make all the difference in conversion rates and brand loyalty. While the terms 'market', 'consumer', and 'customer' often get tossed around, focusing on your target audience helps define your sales approach, messaging, and overall strategy. This ensures you're speaking directly to those most likely to engage with your offerings, maximizing your chances of success!
