Know Your Marketing Territory


By Janice Jenkins


When you market your business, this is one of the many things that you should do to effectively create an ad campaign such as your marketing brochures – you need to define your marketing territory or your target market.

Target marketing is focusing on a particular target or niche that has a need for your product and service, and then creating your ad, your full color brochures for example, to answer their specific needs and issues. Your target market then is your potential buyers who require your product or solution and would actually buy from you. Your target market is often made up of smaller groups who have the same needs, problems, issues, experiences and interests.

So who is your target market? They are the ones who ‘want to buy’ from you because they know that your product or service is essential to their lives.

Here are just some of the questions you need to answer if you want to understand and truly be able to serve your particular target niche:

Who are they?
Are your products for the baby boomers? Or is it the Generation X that would benefit more from your business? Are they working or stay-at-home moms? Do they have families or are they single yuppies? Are you looking for males or females? What age? Teenagers or middle aged people?

What do they want to buy?
Do they buy new mobile phones every year? Do they upgrade their laptops or personal computers every month? Are they technology buffs that they always have to have the newest gizmo in digital technology? Do they spend more money on clothes or food?

How do they want to buy?
Do they buy their stuff in bulk? Or are they satisfied with single purchases? Do they often get wholesale?

When do they want to buy?
When they have the money or when they need it? Do they buy during sales? Or your target market avoids throngs of people when they shop? Do they buy during the time that they need their things? Or they buy on a whim?

Where do they want to buy?
At the local grocer, the big department stores, in trendy shops, out-of-the-way boutiques, thrift shops, or garage sales.

Why do they want to buy?
Because they need to have their stuffs or they just want to buy it because they saw it on TV? Did they hear their neighbor raving about the product that’s why they also must have one? Do they truly believe that the merchandise can help them solve their problem?

The more you understand your target market, the easier it is for you to create an ad that provides solutions to their needs and wants.


More Resources

Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting

More Sales Management Information:

Related Articles


The Art of Sales (And Tips On How To Manage Your Sales Team)
Selling. Cold calls, introductions, interviews, appointments, proposals, referrals, call cycles, building rapport, listening, asking for the order, overcoming objections, closing the sale, and rejection.
How You Can Raise Your Business Earnings By 50% With An Age-Old Magic Truth
Imagine increasing your business earnings by 30, 40, or 50%.And this just by putting into use a fundamental truth of life.
Moving a Business Relationship from Free to Fee: Turning Strangers to Friends with Power of Freebies
In the last issue I shared with you a technique for getting permission to follow up with people who have seen you speak on stage. This was just one example of a tactic for filling your pipeline.
Sales & Marketing Plan Strategies
Design and Implementation of a new Sales & Marketing campaign must be carefully thought through from the beginning. What message do you want to send about your company, products, and services? What are the anticipated results? What is the execution strategy? What is the cost ratio versus expected return?These are just a few of the questions that run through our minds in the early stages of planning.
Sales Tactics to Beat Your Competition
This month I want to share a success from a friend and customer of mine. You'll find in this story two important sales tactics for beating your competition.
The Hidden Competition: Avoiding the 2 Most Common Competitors
There are really only two types of competitor:1. Obvious2.
Sales Competence Isn't About Quota Performance!
Compounding the problem are two myths regarding measures of competency in sales.Myth#1: Quota performance does not equate to sales competency - A salesperson's quota is usually determined by management.
Increase Retail Sales With Meetups
I recently attended the monthly Italian language Meetup here in Little Rock. Meetups are informal social gatherings of people with similar interests in a particular topic.
Want to Increase the Amount of Business that Your Firm is Getting?
Business development is important for every business and refers to the action of bringing in customers or clients that are likely to make positive contributions to a company's bottom line. Business Development is all about establishing relevant and subsisting relationships in the market place.
Increase Your Sales Accept Credit Cards, Part 2
In part two we will discuss overcoming objections, which credit cards to accept and using the check paying option. If your business is home-based or has been in operation for less than two years, you're likely to face objections from the bank.
Are Your Sales Meetings Boring?
Many sales meetings are boring and a waste of salespeople's time, say the majority of salespeople I interview. A review of what's going on in the market is good to know, but to be effective, sales meetings need to be a lot more than that venues for quick market updates.
Your Extended Shadow And Successful Sales Management
In a small midwestern town, the local high school of 878 students recently produced its first state championship basketball team in over 90 years. The community has had an organized city basketball league for its younger boys for many years.
Sex, Drugs, & Rock-n-Roll: Trade Show Traps and Tips
Sex, Drugs & Rock-n-RollHere's the Scenario..
6 Common Mistakes in the Sales Hiring Process
Is lack of sales results, more sales training costs, months ofunearned salary and damage to your company's image orreputation your company's method of NOT finding goodsalespeople? For most companies it is!The "trial and error" method of hiring salespeople is verycostly to a business. Without a viable way to hire qualitysales people everyone in the same organization is negativelyaffected.
Determining Sales Fit; the Key Growth Process for Your Business
Help your organization grow by assessing the right indicators in individuals slated for revenue-generating positions within your company. "Growth Talent", such as sales, account executive, consultant, sales engineer, or other individuals responsible for top-line revenue growth.
14 Top Lead Generation Tactics
According to former Harvard Business School professor David Maister, typical marketing practices are not only inapplicable for professional service firms, but they may be dangerously wrong.Often professional service firm principals tell me they are frustrated with the quality of their marketing materials, they are concerned with their firm's low profile or they feel pressure because their efforts are not generating enough new client leads.
Profitable Relationships: Is It Amateur Hour or King of the Hill?
"We're in the relationship business?..
Management From Within
Inspiration and Management from Within - Part 2.The more you follow the path of exploration into the mystery of life, the more life becomes revealed to you.
Poor Performance - Fix it by Coaching
Coaching is about finding out the cause of poor performanceor behaviour and discussing with the team member how to putit right.The team member might respond immediately to coaching andimprove the situation.
Generous Donor Refused (how qualified business slipped away)
Generous Donor RefusedPicture this. You are a fund development director for a respectable school at a well-known state university.