why is it important to conduct market research on your target audience before building your marketing…

why is it important to conduct market research on your target audience before building your marketing plan?\nnewspapers and magazines will give you a discount on advertisements if you show them your research.\nyou need to consider who your potential customers are before deciding on marketing strategies.\ncustomers enjoy sharing their opinions, so market research will make your product sell more.\nit doesnt matter which one you do first.

why is it important to conduct market research on your target audience before building your marketing plan?\nnewspapers and magazines will give you a discount on advertisements if you show them your research.\nyou need to consider who your potential customers are before deciding on marketing strategies.\ncustomers enjoy sharing their opinions, so market research will make your product sell more.\nit doesnt matter which one you do first.

Answer

Brief Explanations:

Market research helps in understanding potential customers, which is crucial for formulating effective marketing strategies. Knowing the target - audience's characteristics, preferences, etc. allows for better - tailored marketing plans.

Answer:

You need to consider who your potential customers are before deciding on marketing strategies.