Advertising is about understanding your audience. Who does the song, the commercial, the radio spot, or the website ad appeal to? What kind of emotions does it elicit? Most importantly, does it do a good job of attracting attention to the product or service being offered?
When it comes to advertising and marketing, the need to appeal to a target audience is arguably the most important thing to consider. Target audiences are those people that would purchase the product, hire the service, or are most likely to be engaged with it because of their location, age, interests, and other demographic questions.
Here are some of the many reasons why the target audience is so important in advertising.
Otherwise known as scale, the need to understand and find your target audience helps narrow down or broaden your need for an ad campaign. You would not want to erect a massive billboard by a highway for a niche product, whereas internet ads can be utilized to reach a huge market regardless of how popular or how niche a product/service is. Scalability helps you understand what range of advertising reach needs to be achieved to find and target that specific audience, as well as accounting for outliers that could be targeted and converted into potential customers or ad engagement metrics.
Being able to actively customize your ads to target the audience is an important purpose of finding that core demographic. Target audiences may change or fluctuate in size, age, etc., which warrants the need for customizable ad campaigns. The hardest part about finding your customers could be the basic fact that your ads are not working, which is why being flexible with your content is so important in narrowing down on the target audience. AdWords, search engine optimization, and other similar web-based ad tools or techniques are allowing for that greater range of potential when it comes to being customizable, flexible, and able to capture the interest of that demographic.
Much like the importance of scalability, the importance of sustainability relates to the size of the target audience. Sustaining a content or advertising campaign of a large enough size is no simple task. You need content management, the ability to adapt to a changing audience, and a proven strategy that can last.
Sustaining a strong advertising campaign with a fluctuating audience is difficult depending on your product or service. Some target audiences will eventually grow out of their desire for what is offered and move on or it could be that there is a strong competitor that comes along and starts to snatch up a lot of the existing audience. Sustaining a target audience has some variables and arguably that need to remain on top of any technological innovation is important, which is why there was mention of web-based advertising. It is also worth noting that most customers for services are a majority of repeat customers, which is why sustaining the audience is so important for continued success.
While it is true that there is competition out there when it comes to advertising, that does not mean that collaboration is non-existent. Good ad campaigns can sometimes rely on help from other sources to effectively create a marketing strategy that is mutually beneficial for all parties. Whether this is businesses collaborating, advertising firms, or companies, or even just on an individual level, a common target audience can greatly help your need for a fresh perspective. Collaboration in finding or developing a target audience is something that needs to be considered.
Lastly, the importance of a target audience helps with branding purposes. Advertising a product or service is about transmitting a message on that specific thing, whereas branding is about how the company is perceived.
Branding is about transmitting a message just in a different way. It relates to colors, imagery, social media engagement, charitable work, and any number of factors that relate to how the consumer views what the business means and what they represent. Having a target audience allows a company to narrow its branding efforts. Younger audiences like when companies utilize social media, whereas older audiences might prefer a more traditional approach to branding. In any case, the target audience determines what goes into branding and vice versa.
When it comes to running a company or business, the customers are as important as the products and services themselves because, without them, there would be no sales or clients. Even deeper than that is the need for finding a target audience. The target audience is the specific demographic core of a company’s sales and services and these reasons highlight why their involvement in the advertising process is vital for success.
Original source: https://www.entrepreneurshipinabox.com/21497/the-importance-of-target-audience-in-advertising/?utm_source=rss&utm_medium=rss&utm_campaign=the-importance-of-target-audience-in-advertising