Target market refers to a specific group of consumers or businesses that a company aims to sell its products or services to. This group is identified based on various demographic, geographic, psychographic, and behavioral factors. Targeting a specific market enables a company to focus its marketing efforts and resources on the most profitable and receptive audience. By understanding the needs and preferences of its target market, a company can tailor its product offerings and messaging to better meet the needs of its customers and achieve greater success. You can use this template if you want to explain this idea to your audience