Target Market
Target Market Worksheet
Part 1: Description of Target Market
Write a 250-500-word description of your target customer (i.e., your customer persona). Describe the key demographics of your target market, including customer description, location, behaviors, psychological profile, and other population attributes.
Part 2: Table
Consider how you would expand into other markets. These may include other demographic groups, other regions, other countries, etc. Then, select a second and third target market to focus on. Customers in alternative markets will likely have similar attributes to the initial target market with some major differences. Complete the table below comparing similarities and differences between the primary, secondary, and tertiary target markets.
|
Segmentation Basis |
Segmentation Attributes |
Primary Target Market - Persona Description |
Secondary Target Market |
Tertiary Target Market |
|
Demographic |
Age |
|
|
|
|
|
Gender |
|
|
|
|
|
Education |
|
|
|
|
|
Income |
|
|
|
|
|
Family Status |
|
|
|
|
|
Other Demographic Attributes |
|
|
|
|
|
|
|
|
|
|
Geography |
Country |
|
|
|
|
|
Region |
|
|
|
|
|
Environment (Rural/Urban) |
|
|
|
|
|
Other Geographic Attributes |
|
|
|
|
|
|
|
|
|
|
Psychographic |
Social environment |
|
|
|
|
|
Personality |
|
|
|
|
|
Lifestyle |
|
|
|
|
|
Lifestyle Changes |
|
|
|
|
|
Other Psychographic Attributes |
|
|
|
|
|
|
|
|
|
|
Behavioral |
Purchase Drivers |
|
|
|
|
|
Purchasing Behavior |
|
|
|
|
|
Other Behavioral Attributes |
|
|
|
Part 3: Graphic
Design and create a one-page graphic (advertisement, brochure, or flyer) about your product or service created in the Topic 3 assignment to appeal to customers. The goal is to generate customer awareness and interest in your product or service. You may paste it in this worksheet or attach it as a separate document.
Part 4: User Journey Map
This portion of the assignment is to document the process by which a customer engages with your business, purchases, and utilizes your product or service. You may refer to the topic Resources for more information about journey maps.
© 2021. Grand Canyon University. All Rights Reserved.
2