Identifying your target customers will do more than help you define your digital marketing strategy. According to Forbes, failure to properly identify customers is the number one reason why 80 percent of small businesses don't survive the first 18 months. Here are some do's and don'ts for identifying your target customers.
Don't Try to Be All Things to All People
When you're passionate about your business, it's easy to assume that everyone will want your product. It's tempting to blast your marketing messages to as wide an audience as your budget allows, but the reality is that even the big guys can't afford to target everyone. Casting a wide net and using a generic, blanket approach to finding new customers rarely works and is a waste of time and money. A hypertargeted approach is a more efficient option.