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3 cards from this section. Quick, good the night before a test.
What is a target market?
Think about who you want to sell to.
What does competitive analysis involve?
Consider what information helps you understand rivals.
What is the most critical component of a marketing plan that defines the intended audience?
Who are you trying to reach?
True or False: A competitive analysis is only important when starting a business.
Think about ongoing research.
Imagine you are launching a new vegan smoothie shop. Create a detailed marketing plan outline addressing target market, budget, competitive analysis, and metrics.
Think about all marketing aspects from outreach to evaluation.
A competitor has lowered their prices significantly. Develop strategies for your product to maintain or grow your market share in this situation.
Consider what makes your offering stand out.
5 more questions in this section. Enroll free to practise them all.
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