If you are a business owner wondering how to make your marketing dollars work harder, then target marketing is your answer.

If your marketing campaigns are targeted to segments of the community who are a perfect fit for your product, then they are much more likely to purchase from your business.

If target marketing sounds like a plan of attach for your marketing budget, then here are some practical tips on how to go about doing that.

Step One – Segment the market

Cutting up the market pie can be done a number of ways: by geographic location or demographic characteristics perhaps. Segmentation means that, instead of sending your message to a crowded hall, you can pitch your product to a group of attentive listeners in a quiet room.

When thinking about marketing messages for your segmented marketing, ask yourself the following questions about your audience:

Where are they from?
Which demographic do they belong to?
What do they like/dislike?
What can they afford?
What
do they need/want to know?
Step Two – Get in position

Once the market is divided into smaller, perhaps more manageable categories, the next step is for your business to carve out a position within each market segment.

Determining how your product or service is perceived in the segment can be the difference between being the preferred choice or last resort when a customer is in search of a particular product/service.

The important thing about actively positioning your own product or service is that the process will occur regardless of whether it is self-initiated or not. When businesses fail to carve out their own position, they are pushed into a restrictive corner by the rest of the competition, which can be hard to reverse once it has occurred.

Consider these elements of market choices to help you develop market position for your business:

Pricing: Whether the offer is a luxury item, extreme value for money or somewhere in the middle, you must define what position of the market you are in. Failure to do this can confuse potential customers, as an expensive item being marketed as ridiculously cheap will not make sense and the brand will instantly lose credibility.
Quality: A word that can be used far too liberally, but is an important factor that wins (or can lose) customers. Consumers are increasingly critical and discerning of the marketplace, so if you use the word quality, that is exactly what customers will expect.
Service: Place emphasis on service if you offer exceptional additional services and support. This is an important point of difference that can define your position in the market.
Packaging: Package to impress. This can make a strong statement and tie up your brand image and position in the market nicely but ensure it sends the message you intended.
Step Three – Ready, Aim, Fire!

Target marketing executed successfully can boost the overall effectiveness of your marketing budget, focusing on segments that are more suited to your product’s function or service.

Ultimately customers are more responsive to marketing that is directed at them, designed for them, and catered to their needs.

Jo Macdermott is the Chief Marketing Consultant at Next Marketing in Melbourne. She has 15 years of marketing experience, is a Certified Practising Marketer, and is a sought after marketing media commentator. Her team at marketing agency Next Marketing can help you devise a marketing strategy, implement a social media plan, and her highly talented graphic designers work alongside her marketing pros to build a solid marketing plan that will help you attract more customers, expand your business, and build momentum for many months to come.
medialifeline
sma479
ebayads
apexidx
bax-shop
autosearchtech
blog71
cubiq
etoiledeurope
dibs
momschoiceawards
chronus
sportsshoes
firestonebpe
amazon
caldera
urbanize
zcys
fbs
mein
turbologo
plantservices
thebuffalocollective
kayak
nentanggiaoduc
levapoteur-discount
sasa
linpro
mergers-china
goodday
unich
uub
dannel
blog27
paywithatweet
palermotoday
bromium
thesocialpresskit
presidencia
playtruejapan
pagepressjournals
respect
kiubi
thehoneypot
rankonesport
bloomu
virtualwall
0409
smarthr
utac-otc
impactwindow
vitisphere
mycarrierpackets
schrodinger
dtnext
cloudimg
stroustrup
festivalscope
newmediathemes
goodjob
ticaretpanelim
annarbor
celcom
actiris
immersive-web
eslcafe
mydown
logopedie
bxtimes
o2switch
wikiwix
obvsg
giveeasy
hamk
commonobjective
afit
humanrights
equaltimes
payless
zuoyejishi
flexamedia
phpweb
glami
specialops
spurgeon
face2faceafrica
americanheadachesociety
funkschau
mylittlebigweb
revolut
portalkit
credova
referencement-annuaire-web
angelstudios
amnesty
macktrucks
ontrac
solutionsm
lechotouristique
mtj
eco-age
karenpryoracademy
udp
gfds
if
jlood
withknown
turfjs
nic
sapporo-cci
honmaru-radio
streamhoster
iche
contemporaryobgyn
cloudcart
hot
geekprank
boskalis