target markets
DESCRIPTION
A look at the variety of target marketsTRANSCRIPT
WHAT IS TARGET MARKET?
Marketing: The act of buying or selling in a market.
Target Market: The audience you are trying to reach/target
when selling a product to a consumer. For example, teens!
Merchandise: The manufactured goods/products bought and
sold in a business.
Teens: Humans between the ages of 13-18 who are very
social. Influenced easily, usually by piers and the media, and
love to consume!
One of the most popular restaurant
business in the world is McDonalds.
McDonalds is found all over the world,
and the media advertising for this
company is almost endless. We have a
McDonalds right in Welland, and the
biggest target market are teens who
need a fast, delicious, cheap meal. The
food is greasy and good, and teens are
not health conscience. McDonalds is
also a hangout spot for many teens,
where they can socialize and enjoy
food.
BUSINESS TYPE #1: RESTAURANTS
Shown above: Teens buy their favourite meal
at a local McDonalds. These kids are also
known as “McTeens”.
BUSINESS TYPE #2: CLOTHING RETAILERS
Teens love to have the latest styles and coolest clothes. Clothing retailers are a
huge part of the retail world, especially in teen’s eyes. One of the largest clothing
retailers that appeal to teens is Forever 21. This store mainly targets females,
although there is a small section for men as well. The store is moderately priced,
which allows teens to use their own money when purchasing products from the
store. The store creates a “hipster-grunge” look for teens to wear. Because of the
society we live in, Forever 21 is constantly updating their new fashions, with tons
of advertising. Their models, like every other store, are thin and beautiful, which
give the females especially, the idea that if they wear the clothes from Forever 21,
they can look like them too. There is a new Forever 21 being put in the Pen
Centre.
Right: Thin models
are shown on a
Forever 21 ad.
Left: The largest Forever 21
store in the World is found
at Times Square in New
York City.
Without technology , the World would be much less advanced. One of the most
technology-savy social groups are teens. Teens are the future, therefore they need and want to know
about the latest technology (whether that be laptops or cell phones) and how to use it. A huge
company, possibly the largest in the world, is Apple. Apple produces everything from I -Pods, to I-
Phones, to Macs. Teens love how fast Apple technology works, and they cannot get enough of it.
Apple produces more products in a year then most people can keep up with. For teens, it seems as if
there is always a new and improved Apple product out. Teens are pushed to buy these products by all
the advertisements, social pressure, and media advertisements. Apple is by far, a huge magnet for
teens and their consumerism. Apple products can be found locally at Wal-Mart or The Source, so
perhaps those stores can put ads in our yearbook with the main focus of Apple.
BUSINESS TYPE #3: TECHNOLOGY RETAILERS
Just some of the many
Apple products.
BUSINESS TYPE #4: BEVERAGES
Beverages are a pretty standard product, but teens love sugar
and energy drinks. One of the most popular beverages is Coca-Cola,
because of it’s reputation and sugary taste. There has always been a
rivalry between Coke and Pepsi, but statistics show that teens prefer
Coke. Coke sponsors the Olympics and many concerts, events, sports
games, and is found all over the media. The classic Coke jingle is easily
identifiable, and the cartoon Artic animals are always a crowd pleaser.
Locally, Coke can be found in almost any store that sells food (for
example, Wal-Mart, corner stores, Sobey’s, and many restaurants).
The Coca-Cola
famous logo and
cartoons attract
teens everywhere. It
is easily identifiable,
and a famous media
image.
BUSINESS TYPE #5: MAKE-UP
Lastly, the last type of business I believe
teens are a huge target market for is make-
up. It only applies to females, but females in
their teen years buy a lot of makeup
because they want to look “easy and
breezy”. This is the message that a main
makeup business puts across. It is called,
Covergirl. With huge celebrity
endorsements, this company reaches out to
girls everywhere, of all ethnicities. Their
products can be found almost everywhere
(locally, at Shoppers Drug Mart or Wal-Mart
to be specific), and offer a variety of make-
up types, such as blush, foundation, mascara,
eye shadows, and eyeliner. When the teen
girls see these ads, especially those that
include their favourite celebrity, it makes
them want the products even more.
Shown above: Taylor Swift and
Rhianna are shown on Covergirl
advertisements.