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Target Market Determination for Prime NDIS Fixed Product Productive Disliked with [optional] Visa Debit CardProduct Manager Columbus Capital Pty Ltd ACN 119 531 252, Australian Financial Services

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How to fill out target market determination

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Identify your product or service

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Research your competitors

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Analyze your current customer base

04

Use market segmentation techniques to group potential customers

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Evaluate the profitability of each potential segment

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Choose the most promising target market segment

Who needs target market determination?

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Businesses looking to effectively reach and communicate with their target audience

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Marketing professionals aiming to create targeted and relevant campaigns

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What is target market determination?

Target market determination is the process of identifying the specific group of customers that a product or service is intended for.

Who is required to file target market determination?

Financial institutions are required to file target market determination for each financial product they offer.

How to fill out target market determination?

Target market determination can be filled out by assessing the characteristics of the product, the intended customer base, and any regulatory requirements.

What is the purpose of target market determination?

The purpose of target market determination is to ensure that financial products are being offered to the appropriate customers and to comply with regulatory requirements.

What information must be reported on target market determination?

Information such as product characteristics, customer demographics, distribution channels, and any restrictions or warnings must be reported on target market determination.

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