It is the number of individuals in a certain market segment who are potential buyers

It means cater for a private individual

A market serving an organizations

It the cost or amount that a customer will pay

It refers to the set of actions or tactics that a company uses to promote its brand or product in the market

The amount of money given or set as consideration for the sales of a specified thing

Something that is marketed or sold as a commodity

It refers to the methods a business uses to gain the attention of the customer

A physical location where the customer can use, access, or purchase a product

It is the employees, including those who interact directly with customer

The enclosing of something in a container or covering

An act of placing or arranging

The category of customer who have similar likes and dislikes in a homogenous market

The category of city in market segmentation

The category of gender in market segmentation

The category of intent in market segmentation

The category of values in market segmentation

The category of occupation in market segmentation

The category of life style in market segmentation

When the price is set at a low price to enable to enter a new market

When the product is priced just below the competitors prices to try to attract more customers

it is where a high price is set for the new product of the market

It is the practice of setting slightly lower than a whole number

It involves estimating the amount of product that are going to be produced

People distribute, promote, price, and sell products in the most

An entrepreneur must be able to determine the price that comes with the location because it will spell out the success or failure of the business.

Image and location conditions, a certain location might not have most customers or the best economics in the short terms/

The reputation of location is important

The fiscal and regulatory requirements is necessary in putting a business

Defining your product or service that you have to offer clearly is targeting your market.

A target market is a subset of the market on which a specific product is focused.

The niche market is a category of customers who have similar likes and dislikes in an otherwise heterogeneous market.

In business, we describe a person’s characteristics as psychographic.

Psychographics talk about income level, gender, and age.

It is necessary to understand the needs of your customers.

Conducting a market research tells you exactly how you can meet your consumer’s needs.

Having a well-defined target market is only optional in running a business.

Demographics define the product features aimed at satisfying specific market needs.

Psychographics tell you about the personality, attitude, values, etc. of a customer.

It is having the power or quality of deciding; putting an end to controversy; crucial or most important

It is relating to or involving the imagination or original ideas, especially in the production of an artistic work.

A hopeful and confident about the future.

It is characterized by a high level of energy

it is a character in which thinking about or planning the future with imagination or wisdom

A person who introduces new methods, ideas, or products.

A person who organizes, especially one who forms and organizes a group.

It is having an incentive or a strong desire to do well or succeed in some pursuit

Someone who tries to meet people who might be useful to know, especially in their job

It is reacting quickly and positively.

The activity of setting up a business or businesses, taking on financial risks in the hope of profit.