Do I need a target market if my product is good for everyone?

This month, we hear from Paula Reile, Research Program Manager at the Business & Commercialization Innovation Centre. “Anyone can enjoy my product or service,” is something I hear regularly, and often the business is right! There is a large range of people who can enjoy their product or service, so why do marketers insist every company needs to understand their target markets? There are multiple reasons … Continue reading Do I need a target market if my product is good for everyone?