Week 5B: Target Market
My business, Mill Works, making laser crafted business and logo signage and point of purchase displays will be mainly targeted to businesses in the San Diego and Orange Counties. Other than online sales, this is the general demographic approach to focusing my marketing. However, I will explain the process of narrowing the target market down more specifically to one of my single products where I will focus a specific strategy in my marketing mix. I know that not all businesses will purchase my products, so I will assume that home based businesses will less likely need signage. At this point, while I do not want to exclude a majority of businesses, I know that signage is useful for places that have frequent customers and public traffic. While I will not exclude industrial located businesses, for this exercise I will assume most customers will be in a retail setting, which may include clothing and accessory stores, hotels, markets and restaurants. One ...