Tips

Adapting to Your Target Customer

Ensure your business embraces all its potential with customers

It is unlikely that your target customer is exactly the same today as it was when you first began or took over your business. Because of this, it is necessary to make changes to the way the business markets itself to ensure that it embraces all of its potential. Start first by understanding the demographic breakdown of your local community and compare the demographics with that of your typical customers. Do they match, or are there stark differences?

If differences exist, isolate and embrace them. Identify the prospective group or groups of customers and research their likes, dislikes, and trends. Speak with other local merchants and find out if their customer makeup has changed, and if so, how they have adapted to it. Buying habits and trends differ by culture, gender, ethnicity, and other factors.

Eric Priceman Victory

Eric Priceman

Eric Priceman is president of Victory. In his three decades in the awards and engraving industry, he has traveled extensively, both domestically and internationally, visiting customers and suppliers. He is happy to share his unique perspectives of the industry, both past and present. Please feel free to contact Eric by email at ericp@buyvictory.com or by phone at 773-637-7777 ext. 228.

View all articles by Eric Priceman  
Avatar of Charlie Fox

Charlie Fox

View all articles by Charlie Fox  

Related Articles

Back to top button