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Equipment Leasing and Financing

First Star Capital Equipment Leasing and Financing Friday, October 10, 2008

Your Target Audience

When starting a new ad campaigns, product line, or even a different approach, it is vital to know your audience. Each target audience is
different. Each group has different likes, dislikes, hobbies, etc. BMW's audience is far different than Walmart's, and both are targeted
differently. To best appeal to your customers you must take the time to assess your target audience. Ask yourself these questions:

  • What is the target audience's gender?
  • What is their age range? Are you trying to appeal to teenagers who like bright, edgy products or middle-aged adults who lean towards neutral colors and solid products?
  • What is their level of education?
  • What is their yearly income? (Take time to compare how high-end products differ from consumer products. For instance, compare Nordstrom's to JC Penny's.)
  • What are the target audience's hobbies? Do they prefer golfing or bowling? Do they prefer television or reading novels?
  • Are they single or married? Are they parents? Grandparents?
  • What qualities are important to them? Do they prefer prestige, quality, or an inexpensive price?
  • Why will they like your product? What does your company have to offer?
  • If you want to go even farther, compile a bio of individual people that make up the targeted audience. You can even include their photo.

When you complete your assessment, you will have a stronger foundation for your project.

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First Star Capital Equipment Leasing and Financing