Target Market Analysis: Mean, Median and Mode.

التفاصيل البيبلوغرافية
العنوان: Target Market Analysis: Mean, Median and Mode.
المصدر: Business Post Nigeria. 8/23/2023, pN.PAG-N.PAG. 1p.
مصطلحات موضوعية: *TARGET marketing, *MARKETING research, MEDIAN (Mathematics)
مستخلص: This article discusses the importance of using averages in target market analysis for businesses. It explains the four types of averages: Mean, Mode, Median, and Range. The Mean is used to find the average number of clients visiting a department store, while the Mode helps identify the most common number of products purchased on a particular day. The Median is used to find the average number of products sold in a month, and the Range is used to determine the number of clients in a specific market and the marketplace's distortion. The article emphasizes the significance of target market analysis in decision-making and competitor analysis. [Extracted from the article]
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قاعدة البيانات: Business Source Index