- What is the purchase cycle for this product?
- Who is involved in the purchase cycle?
- How long is the purchase cycle?
Tuesday, June 2
Advertising Methodology (6) - Purchase Funnel
Closely related to the Target Market is a need to understand how the consumer buys the product. How do they choose the product they are going to buy and where do they look for information? Looking at a simple sales funnel model, it is important to understand how a member of the target market moves from being a prospect to a customer.
Labels:
Advertising,
Project Management,
Strategy,
Target Market
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