Target Market Strategy
“After evaluating different
segments, the company must decide which and how many segments it will target. A
target market consists of a set of buyers who share common needs or
characteristics that the company decides to serve.”
(Armstrong, G., &
Kotler, P. (2011). Marketing: An
introduction (10th ed., p. 186). Boston: Prentice Hall.) Our customers will
be people looking for great tasting food, without the time or opportunity to
travel to a restaurant and spend the time required to eat there. As stated in
my pitch, we will provide a hand-held meal, costing little dough, for those on
the go.