target meaning in business

Target's CEO since August 2014 is Brian Cornell. showing only Business & Finance definitions (show all 12 definitions) Note: We have 29 other definitions for TARGET in our Acronym Attic. Definition: Target market is the end consumer to which the company wants to sell its end products too. Target group definition: the group people that a policy or campaign is hoping to influence in some way | Meaning, pronunciation, translations and examples Your business probably reflects who you are and what you like to do, as well as what you do best. Target customers, better known as a target market, is a group of customers that a firm plans to reach with marketing efforts.Target customers may be identified for a business, brand, product, location, sales or marketing strategy. Some say they target small-business owners, homeowners, or stay-at-home moms. Synonyms for target at Thesaurus.com with free online thesaurus, antonyms, and definitions. leadership All of these targets are too general. Target is a general merchandise retailer with stores in all 50 U.S. states and the District of Columbia. 75% of the U.S. population lives within 10 miles of a Target store. Although this is a diverse group, it is a finite one.

a pricing method that involves (1) identifying the price at which a product will be competitive in the marketplace, (2) defining the desired profit to be made on the product, and (3) computing the target cost for the product by subtracting the desired profit from the competitive market price. The potential readers of a business plan are a varied bunch, ranging from bankers and venture capitalists to employees. If you like the feel of small business better than the big corporate giants, then you’re probably better off setting the small business as a target … Marketing to people you like as the target market is an advantage. new search; suggest new definition; Search for TARGET in Online Dictionary Encyclopedia Find descriptive alternatives for target. This target market is defined geographically, based on where they live or work or vacation or do business. Description of Target & Sample Populations for Research Methods. Barrons Dictionary | Definition for: target pricing. If you're launching a roof-tiling service, your target customers probably own their homes. The definition of target customers with examples. ‘After 12 years in the business, the company added a second division: 3-D archery targets.’ ‘After retrieving his bow and walking over to where the old archery targets were set up, he stretched a bit and tried a few warm up shots.’ Demographic – Describing your best customer demographically means that you define your target market in terms of their gender, age, income level, education level, … Target marketing involves breaking down the entire market into various segments and planning marketing strategies accordingly for each segment to increase the market share. Among other uses, this information can be applied in deciding what trends are … Pay Less." Researching information in order to obtain verifiable data to use in your business is important to ensure your efforts stay on track. locations; We employ 350,000+ team members Our tagline is "Expect More. We've been using it since 1994!