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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Inem
InemKnowledge Seeker
Asked: April 16, 20242024-04-16T12:30:31+00:00 2024-04-16T12:30:31+00:00In: Money & Business

Should I advertise my business only to my target market?

One of the purpose of target marketing is to let a business person understand the people who potentially have needs for the products or services that his or her business offers. Given that, should a business also advertise to people who are not it’s target market? Wouldn’t it be a waste of money to advertise your products to people who would likely not buy and are not in your target market?

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3 Answers

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  1. Mika
    Mika Expert Mind
    2024-04-17T07:04:16+00:00Added an answer on April 17, 2024 at 7:04 am

    Is there a point in advertising your business to the audience who is not interested in your product. Let's say you sell diamonds, can you generate sales by promoting your diamonds to poor community? Advertising and marketing should be related to your target customer. If you are not promoting to theRead more

    Is there a point in advertising your business to the audience who is not interested in your product. Let’s say you sell diamonds, can you generate sales by promoting your diamonds to poor community? Advertising and marketing should be related to your target customer. If you are not promoting to the right audience, you are just wasting your advertising budget because there will not be any sales. Always promote to your audience.

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  2. spencer
    spencer Enlightened Mentor
    2024-06-28T05:02:36+00:00Added an answer on June 28, 2024 at 5:02 am

    This is important especially if you're just getting started, they're the ones that'll buy your stuff, why not invest your own effort where it will be appreciated, most people spend their moeny in brand awareness, that's a vanity metric. Find a way you can makes sales with your advertising and startiRead more

    This is important especially if you’re just getting started, they’re the ones that’ll buy your stuff, why not invest your own effort where it will be appreciated, most people spend their moeny in brand awareness, that’s a vanity metric.

    Find a way you can makes sales with your advertising and starting with your target audience is the way to go, you can run different ads showcasing different creatives till you find the one that sticks and deliver results.

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  3. Augusta
    Augusta Enlightened Mentor
    2026-05-06T00:32:15+00:00Added an answer on May 6, 2026 at 12:32 am

    It is good to advertise to everyone. It helps draws others attention to new ideas and so helps them know about your potential products and services. They are also your potential buyers. This will help to increase the demand for the goods, it increases the number of people you might needb to supply tRead more

    It is good to advertise to everyone. It helps draws others attention to new ideas and so helps them know about your potential products and services. They are also your potential buyers. This will help to increase the demand for the goods, it increases the number of people you might needb to supply the goods to. So there’s no need limiting yourself to only your cystiners

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