Lesson 4: MarketTargetsAt the end of the lesson, the students will be able to:Define a market.Recognize the importance of a market in entrepreneurship.Identify the roles of the key players in a market.Describe characteristics of a market in one's community.Start up!LOTIONAbove are different products. Identify the target market.Answer the following questions in buzz groups:1. Who will use the products?2. Will the products be essential? How will they be used? Are there modifications inthe use of the products? Will the products be used with other things?mulotod in Lesson 2 You peed to

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Answered: LOTION Above are different products.…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Explain: The net effects of customer loyalty are increased revenues and profitability for the firm.

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LOTION Above are different products. Identify the target market. Answer the following questions in buzz groups: 1. Who will use the products? 2. Will the products be essential? How will they be used? Are there modifications in the use of the products? Will the products be used with other things?