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Why should an entrepreneur identify the customer group before launching a product?

Answer and explanation

Correct answer: The product and promotion can be designed for the right people

Identifying the target customer group tells the entrepreneur whose problem the product should solve and what features, price, message, and selling channel may suit those customers. This makes product planning and promotion more focused and effective. Therefore, option C is correct. It does not make every person a customer, remove competition, or make the business location irrelevant.

Related tags

Target-MarketCustomer-GroupPromotionIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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