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From idea Image: renjith krishnan / FreeDigitalPhotos.net … to market.

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Presentation on theme: "From idea Image: renjith krishnan / FreeDigitalPhotos.net … to market."— Presentation transcript:

1 From idea Image: renjith krishnan / FreeDigitalPhotos.net … to market

2 The secret is to focus on your Target Audience Image: jscreationzs / FreeDigitalPhotos.net

3 Some of you have identified a fascinating unmet market necessity or an emerging market. Some of you have identified a product that is the embodiment of some interesting technology or other innovation source. A rare few of you have product concepts targeted at specific customers. Target Audience

4 Your value proposition must be relevant to your target market. This means your target market must be clearly defined. Sometimes, a business has to refocus and revisit its targeting, especially if it was not clearly identified in the beginning stages of business. Target Audience Image: jscreationzs / FreeDigitalPhotos.net

5 Target Audience Who is your target audience? Understand who will buy your product. Know their age, gender, job, income,... Where is your target audience located? Image: jscreationzs / FreeDigitalPhotos.net

6 Target Audience It is necessary to find the right balance when defining your target market in a way that causes your audience to recognize that you are talking specifically to them. This often requires companies to narrow down their target market. Image: renjith krishnan / FreeDigitalPhotos.net


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