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Target audience analysis is the process of identifying and understanding the specific group of people most likely to buy your product or engage with your content. It goes beyond basic demographics to include psychographics (values, interests, lifestyle), behaviors, pain points, and media consumption habits.
Start with your existing customers: analyze who buys from you, look at your social media followers, review customer feedback and surveys. Identify patterns in demographics, pain points, and what drew them to you. Create buyer personas representing your ideal customers.
Target market is the broad group of potential customers for your product (e.g., "small business owners"). Target audience is a more specific segment you're focusing on for a particular campaign (e.g., "female entrepreneurs aged 25-35 starting their first e-commerce store").
Start with 2-4 primary audience segments. More than that becomes difficult to market to effectively. Each segment should be distinct enough to warrant different messaging but large enough to be worth targeting. You can always refine and add segments as you grow.
A buyer persona is a semi-fictional representation of your ideal customer based on research and data. It includes demographics, goals, challenges, objections, and preferred communication channels. Personas help teams create consistent, targeted messaging.
Review your target audience quarterly and update fully at least once a year. Also update when you launch new products, enter new markets, see significant shifts in your customer base, or experience changes in performance metrics.
Free tools include: Google Analytics (website visitor demographics), social media native insights (Facebook Insights, Instagram Analytics), Google Trends, and survey tools like Google Forms. Paid options include SEMrush, SparkToro, and audience intelligence platforms.
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