Target Audience vs. Target Market (& What to Do With Them)
Identifying and understanding your target audience is crucial for business success. Rather than viewing them as just a market from which to extract value, it's more productive to consider them as an audience to whom you provide value. The process involves three key steps: First, clearly define a narrow target audience to ensure your efforts are focused. Second, engage in genuine conversations with your audience to deeply understand their needs and desires. Lastly, develop a detailed audience profile to guide your business strategies. This approach not only shifts the perspective from taking to giving but also promises to significantly impact your business's effectiveness in meeting customer needs.
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