4. Non-specific audience If you're not sure who your target audience is

[zihadhasan010]

Don't do marketing. It's just a waste of money! To do marketing, we need to know who our target customers are.

If we sell to everyone, we're actually not selling to anyone... because no one is interested in our product.

We need to identify our target audience. Who is actually interested in our product or service?

For example, if we sell baby clothes, we have to focus on mothers who have just given birth or are about to give birth. We can't sell to old men, right?

So, identify your target audience and create a special strategy for them.

We need to research their current problems, requests, dreams and needs. This way, we can have effective marketing and attract the right customers.

5. Set Prices as You Like
This is dangerous! Before setting a price, we need to norway phone data study the market first, so that the selling price is in line with the customer's target.

Apart from that, we have to calculate all production costs, operating costs and logical profit margins.

High prices should only be sold to the high-income market segment. As for low prices, we only target the segment that wants to afford it.

So, you have to study the market first before setting a price. Try to look at your competitors' prices and look at the market price. If your product is of good quality, don't be afraid to set a reasonable price.

Don't undervalue ourselves. But, don't overcharge until customers run away.

You have to balance it and make sure your prices are worth the products you sell.