As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.
<h3>What is a target market?</h3>
A target market is a group of customers which could be in the same area that have interest in a particular product.
They are usually identified as the most likely buyers of a product or service.
Therefore, as part of their marketing strategy, companies need to identify a target market, a group of similar people whose.
For more information on target market kindly check
brainly.com/question/24967768
Answer – Contests
The sales promotion tool which is the best match for the
growth in consumer (or user)-generated content is CONTEST. This is basically
because contests, if well designed gives a straightway answer to the basic question:
“What’s in it for me?” through awards of money, goods, free service and even
recognition.
Brazil is an example of a closed economy as it has the least amount of imports in the world
This is known as "excess reserves."
Many banks will choose to loan the excess reserves out to customers and earn money from the collected interest.
