Not properly identifying the Target Customers can lead to several implications. It can result in ineffective marketing strategies, as the product or service may not meet the needs of the customers. This can lead to a decrease in sales and revenue. Additionally, it can lead to a waste of resources, as efforts are directed towards the wrong audience. It can also result in missed opportunities, as the company may overlook potential markets. Therefore, it is crucial to properly identify the Target Customers to ensure the success of the product or service.
Why do so many products fail? It's not because they are built or marketed poorly, but because they d...
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